UOB economists Julia Goh and Loke Siew Ting note that Philippine inflation unexpectedly eased in May but remains above the Bangko Sentral ng Pilipinas (BSP) target, keeping risks tilted to the upside. They expect the BSP to deliver a 25bps hike to 4.75% on 18 June and another 25bps to 5.00% in 3Q26, then hold rates to anchor expectations…
2026.06.05 2026.06.05 USD/JPY: Elliott Wave Analysis and Forecast for 05.06.26–12.06.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below 160.70 with a target of 152.10–145.50. A sell signal: the price holds below 160.70. Stop Loss: above 161.20, Take Profit: 152.10–145.50. Alternative scenario: Breakout and consolidation above the level of 160.70…
Coming off the back of Google’s record $85 billion equity share sale this week, Meta is now considering raising tens of billions of dollars in the equity markets as it looks to expand its move into AI The stock has moved from $610 to a new low of the day of $581.58. The price currently trades at $586.56 down…
Colombia Consumer Price Index (MoM) registered at 0.47%, below expectations (0.51%) in May
2026.06.05 2026.06.05 Dogecoin Supply in 2026 and Beyond: How Many Dogecoins Are There? Maxim Tkachenkohttps://www.litefinance.org/blog/authors/maxim-tkachenko/ Dogecoin (DOGE) is the first successful meme coin that challenges the traditional concept of scarcity. Its blockchain uses a Proof-of-Work mechanism, in which the continuous issuance of coins is driven by mining. The asset’s market capitalization remains in the top 10 even without a…
The NASDAQ led the selloff on Friday, tumbling 4.18%, with losses reaching nearly 4.5% at the session lows. The S&P 500 declined 2.65%, after being down as much as 3.0%, while the Dow Jones Industrial Average fell 1.35%. The catalyst was a sharp rise in Treasury yields following a stronger-than-expected U.S. employment report. Nonfarm payrolls increased by 172,000 in…
Colombia Consumer Price Index (YoY) came in at 5.84%, below expectations (5.91%) in May
2026.06.05 2026.06.05 Gold Needs Peace. Forecast as of 05.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Before the conflict in the Middle East, investors expected the Fed to cut interest rates two or three times in 2026. Now, some even see the possibility of rate hikes. This shift in market expectations is weighing on XAU/USD. Let’s discuss this topic and outline a trading plan. …
The first week of June delivered a masterclass in how quickly a market narrative can flip. For most of the week, traders were juggling two competing stories: a volatile Middle East standoff keeping oil prices elevated and safe-haven flows unpredictable, and a relentless stream of stronger-than-expected U.S. economic data quietly building the case that the Federal Reserve’s next move…
The North American employment picture received a significant boost today as both the United States and Canada delivered much stronger-than-expected labor market reports, reinforcing the view that economic activity remains resilient despite concerns about slowing growth and elevated interest rates. In the United States, nonfarm payrolls increased by 172,000 in May, nearly double the consensus estimate of 85,000. Adding…
