Prior -1.6% (revised to -1.8%) GDP Q3 Q/Q +0.6% vs -0.4% prior (revised to -0.5%) GDP for September M/M +0.2% vs +0.2% expected Prior -0.3% (-0.1%) GPD for October preliminary -0.3% This is a huge surprise for Canadian GDP. The BoC projected +0.5%, so this blows it out of the water (although it was mainly driven by a big…
China NBS Manufacturing PMI in line with expectations (49.2) in November
Canada GDP came in much stronger 2.6% versus 0.5% expected. According to StatCan “the rise in the third quarter was driven by a strengthening trade balance, as imports dropped and exports edged up. Increased capital investment was driven by government capital spending, as business investment was flat. Overall growth was dampened by declines in household and government final consumption…
GBP/USD dips during the North American session on Friday, despite heading into the end of the week with gains of almost 1%, after the financial markets digest the Autumn Budget. The pair trades at 1.3221 after retreating from a daily high of 1.3244. Sterling pares weekly gains as dovish Fed bets rise but BoE cut expectations weigh on Cable…
The USDCHF is experiencing choppy two-way price action today as buyers and sellers fight for control. On the topside, the rally stalled inside a key swing zone between 0.8066 and 0.8076. The high reached 0.8071 before rotating lower, reinforcing the importance of that resistance area. A break above it is required to shift momentum and give buyers greater control….
GBP/USD edges lower to 1.3220 as market leans bearish post-budget GBP/USD dips during the North American session on Friday, despite heading into the end of the week with gains of almost 1%, after the financial markets digest the Autumn Budget. The pair trades at 1.3221 after retreating from a daily high of 1.3244. Read More… GBP/USD gains near 1.3250…
2025.11.28 2025.11.28 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 28.11.2025 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 the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The price is expected to rise to 98,035.00 in the linking wave (XX) in the near term. Consider long…
Market Overview and Sector Dynamics The U.S. stock market painted a mixed picture today, with notable gains in select technology and consumer cyclical stocks, alongside pockets of decline within key sectors. Overall sentiment remains cautious but optimistic, with investors digesting the latest economic indicators and earnings reports. 📈 Technology Sector: Mixed Results Google (GOOGL) Surges: Google emerged as a…
The British Pound (GBP) treads water against the Japanese Yen (JPY) on Friday as the latest Tokyo inflation data keeps the Bank of Japan (BoJ) firmly on a tightening path. At the time of writing, GBP/JPY is trading around 206.70, though the cross remains on track to log its third straight weekly gain as the Yen stays under sustained…
2025.11.28 2025.11.28 US Dollar Braces For Decline As Fed Rate Cut Back In Spotlight. Forecast as of 28.11.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ In 2026, the EUR/USD pair is likely to maintain its uptrend. However, the rally will be driven not by a strong euro but rather by a weak US dollar. The Fed is set to cut rates, while the ECB…
