The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most closely watched signals in Asian foreign exchange markets. China operates a managed floating exchange rate system, under which the renminbi (yuan) is allowed to trade within a prescribed band…
DBS Group Research economists Byron Lam and Daisy Sharma present a China GDP Nowcast indicating real GDP growth likely improved to 4.7% in 1Q 2026 from 4.5% in Q4 2025. They highlight solid early‑year data, with industrial activity and external demand supporting growth, while consumption is stable and investment and credit remain weak. Annual GDP growth is expected to…
Geopolitical whiplash defined Wednesday’s trading as markets swung between cautious optimism over reported US-Iran ceasefire dialogue and renewed skepticism over Tehran’s sweeping preconditions and continued military strikes across Gulf states. The U.S. dollar emerged as the day’s best-performing major currency, drawing support from safe-haven demand and a pair of sharply higher-than-expected U.S. trade price reports that reinforced the case…
Venezuela output rebounds to 1.1 mln bpd but recovery remains fragile. Info via Reuters report. Summary: Venezuela oil output rises to ~1.1 mln bpd in March Up from ~942k bpd in January Recovery driven by easing constraints, exports Output back near pre-disruption levels Still far below historical ~3 mln bpd peak Accounts for ~1% of global supply Refining activity…
Here is what you need to know for Thursday, March 26: Markets were driven by a shift in geopolitical sentiment as reports of potential ceasefire talks initially eased tensions. However, uncertainty quickly resurfaced after Iran signaled reluctance to engage with the United States, highlighting fragile diplomatic progress and keeping markets on edge. The US Dollar Index (DXY) climbed just…
2026.03.25 2026.03.25 Short-Term Analysis for Oil, Gold, and EURUSD for 25.03.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold extends its short-term uptrend. The article…
Australia’s inflation has been running hot for months, and traders are bracing for another potentially market-moving CPI print on Wednesday. Whether it confirms price pressures were already building before the Middle East conflict, or offers a brief reprieve, could tip the balance between a May RBA rate hike and a pause. Here’s what the markets are expecting:
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
Meta is holding around $601, and if a pop continues, we could see a nice push to around $615.77 where a gap fill sits with an upsloping trendline coming through at a previous area of support which could now turn into resistance. This confluence of technical factors—the gap fill, the trendline, and the flipped support level—creates a zone where…
2026.03.25 2026.03.25 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 25.03.2026 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The price is expected to rise in a corrective move. Consider long positions with Take Profit at 76,751.95. XRPUSD: The…
