As London/European traders head for the exits, the major US stock indices are trading at Lowe’s for the day. The Dow industrial average is now down -0.18% or -89 points. At session highs the index was up 150 points. S&P index is up 3.24 points or 0.05%. At session highs the index was up 52.26 points. NASDAQ index is…
West Texas Intermediate (WTI) US Oil price rises to $60.50 per barrel on Friday, up 0.65% on the day, extending its rebound after two sessions of subdued trading. Despite the modest recovery, Crude Oil prices remain on track for their third consecutive monthly decline as persistent oversupply concerns limit upside potential ahead of the Organization of the Petroleum Exporting…
CNBC’s Kristina Partsinevelos reports: Trump told Xi chip sales are “between you and Nvidia.” Huang must clear antitrust, backdoor H20 risks, and energy failures. By then, a source says B30A launching mid-2026 is 50% performance and a generation behind Rubin. Beijing stalling lets developers migrate to Huawei. I think there is some worry in US circles that if Nvidia…
Gold (XAU/USD) drifts lower on Friday after holding above the $4,000 level for the better part of the day as investors reassess the Federal Reserve’s (Fed) monetary policy outlook following this week’s interest rate cut. At the time of writing, XAU/USD is trading around $3,985, down nearly 1.0% on the day and poised for a second straight weekly loss….
2025.10.31 2025.10.31 USD/CHF: Elliott Wave Analysis and Forecast for 31.10.25 – 07.11.25 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 the level of 0.8080 with a target of 0.7700 – 0.7500. A sell signal: the price holds below 0.8080. Stop Loss: above 0.8130, Take Profit: 0.7700 – 0.7500. Alternative…
Here is a look at the week ahead from Earnings Whispers. I can’t believe D-Wave Quantum is getting top billing there above ConocoPhillips. The first is a company that reported $3.1 million in revenues last quarter and the second had $14 billion. That goes to show that we’re alot closer to the top than the bottom. To be honest,…
GBP/USD extends its downward momentum, touching a new seven-month low of 1.3097 on Friday. The pair remains under persistent selling pressure as investors continue to favor the US Dollar (USD) amid reduced expectations of further Federal Reserve (Fed) easing. This latest decline underscores the fragile sentiment surrounding the Pound Sterling (GBP), which has been unable to find support despite…
2025.10.31 2025.10.31 EUR/USD: Elliott Wave Analysis and Forecast for 31.10.25 – 07.11.25 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 the level of 1.1667 with a target of 1.1380 – 1.1200. A sell signal: the price holds below 1.1667. Stop Loss: above 1.1725, Take Profit: 1.1380 – 1.1200. Alternative…
I love it when a new month starts on a Monday and that’s the just the beginning of the good news for November. The clocks go back this weekend and the weather gets worse but it’s a great month for risk assets. Best month for the Nasdaq Second-best month for the S&P 500 Second-best month for the MSCI world…
The Bitcoin whitepaper, published by the pseudonymous Satoshi Nakamoto, marks its 17th anniversary on Friday. Over the past 17 years, BTC has evolved from a peer-to-peer digital cash concept to an institutional-grade asset class, backed by spot ETFs, corporate treasuries, and sovereign adoption.
