Oil prices are marginally higher today as we watch and wait on Iran. Trump is out once again reminding everyone that an ‘armada’ is heading towards Iran and it’s even bigger than the one that went to Venezuela. That’s obviously a threat and will hang over any negotiation. This is the kind of thing that can get ugly fast…
DBS Bank’s Group Research projects that the Bank of Korea (BOK) will keep its base rate unchanged at 2.50% throughout 2026. The report indicates that January inflation is expected to ease, reflecting subdued demand-side pressures and stable supply-side conditions. The BOK has signaled an end to its rate-cut cycle, aligning with the current economic outlook. BOK monetary policy outlook…
2026.01.30 2026.01.30 XAU/USD: Elliott Wave Analysis and Forecast for 30.01.26–06.02.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Once the correction ends, consider long positions above 4,930.32 with a target of 6,000.00–6,500.00. A buy signal: the price holds above 4,930.32. Stop Loss: below 4,930.32, Take Profit: 6,000.00–6,500.00. Alternative scenario: Breakout and consolidation below 4,930.32 will…
If you were watching gold prices on Thursday, you probably witnessed one of the wildest moves in precious metals history. In a single day, gold swung through a massive $500 range—hitting a record high near $5,600 per ounce during the morning before crashing nearly 9% to around $5,100 during U.S. trading hours, then recovering some losses to close near…
Prior -0.3% December preliminary GDP +0.1% StatCan notes that Real GDP was essentially unchanged in November following a 0.3% decline in October, as contractions in goods-producing industries offset expansions in services-producing industries. Goods-producing industries declined 0.3% in November, down for the third time in four months, driven by contractions in the manufacturing and agriculture, forestry, fishing and hunting sectors…
Brown Brothers Harriman (BBH) analysts note that Eurozone Q4 real GDP growth has exceeded expectations, positioning the European Central Bank favorably. Analysts suggest that the ECB can maintain its current rates for some time. Eurozone growth exceeds expectations “Eurozone Q4 real GDP growth overshot expectations. Real GDP rose 0.3% q/q (consensus and ECB projection: 0.2%) vs. 0.3% in Q3.”…
2026.01.30 2026.01.30 USD/JPY: Elliott Wave Analysis and Forecast for 30.01.26–06.02.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Once the correction ends, consider long positions above 150.80 with a target of 162.00–165.00. A buy signal: the price holds above 150.80. Stop Loss: below 150.80, Take Profit: 162.00–165.00. Alternative scenario: Breakout and consolidation below the level…
EUR/JPY is sporting long wicks near a major support zone after trading lower earlier this week. Are we looking at a trend retracement opportunity in the making? Here’s what we’re seeing on the daily time frame: EUR/JPY Daily Forex Chart Faster with TradingView Chart by TradingView In case you missed it, fears of currency intervention from Japanese and even…
Inflation expectations: 1-year ahead 2.8% vs 2.8% prior 3-year ahead 2.6% vs 2.5% prior 5-year ahead 2.4% vs 2.2% prior – the highest since the survey began Full report here “Respondents in lower income quintiles continued to report on average slightly higher inflation perceptions and short-horizon expectations than those in higher income quintiles, a trend observed since 2023. However,…
Spain Harmonized Index of Consumer Prices (MoM) came in at -0.7%, above expectations (-0.8%) in January
