Inflation is taking too long to return to 2%

Lorie Logan, President of the Federal Reserve (Fed) Bank of Dallas, said on Wednesday that inflation remains too elevated and warned that higher interest rates could be needed later this year if price pressures fail to ease further. Key quotes: Inflation is trending toward the mid-2s, not all the way to 2%. Trimmed-mean inflation is not currently a reliable…

Read more

How to Buy Rivian Stock (RIVN): Step-by-Step Guide

2026.06.03 2026.06.03 How to Buy Rivian Stock (RIVN) Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ Electric vehicle companies continue to attract significant investor demand, and Rivian Automotive is one of the most closely watched players in the industry. Whether you are researching how and where to buy Rivian stock, this guide will explain how to invest in Rivian stock. In this quick overview, we…

Read more

Financial & Forex Market Recap – June 2, 2026

Tuesday’s session extended the AI-fueled equity rally to a ninth consecutive advance, with the S&P 500 crossing 7,600 for the first time as semiconductor names surged on Nvidia CEO Jensen Huang’s bullish outlook on Marvell Technology. Crude oil reversed earlier session losses to settle modestly higher, sustained by a geopolitical risk premium that remained firmly intact as the U.S.-Iran…

Read more

State-led commodity shift reshapes risks – MUFG

MUFG’s Lloyd Chan highlights that Indonesia is undergoing a structural regime shift as the state moves toward direct control of key commodity exports via Danantara Sumberdaya Indonesia. The report stresses high near-term implementation risks for the Rupiah, but notes that over the medium term, effective execution could bolster external stability while poor execution could weigh on the currency. State…

Read more

Australian Dollar Seeks Support from S&P 500 and Chinese Yuan. Forecast as of 03.06.2026

2026.06.03 2026.06.03 Australian Dollar Seeks Support from S&P 500 and Chinese Yuan. Forecast as of 03.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The rally in the S&P 500 and the yuan continues to create tailwinds for the AUD/USD pair, while the RBA’s pause in its monetary tightening cycle is weighing on the Australian dollar. Let’s discuss these topics and develop a trading plan….

Read more

US factory orders for April 4.8% versus 4.6% estimate

Prior month factory orders 1.5% Factory orders for April 4.8% vs 4.6% estimate Durable Goods revision for April 8.0% vs 7.9% preliminary Durable Goods ex defense 8.1% vs 8.1% preliminary. Last month -0.3% Durable goods ex Transportation 1.1% versus 1.1% preliminary. Last month 1.1% Non defense Capital goods ex Air -1.0% versus -1.1% preliminary. Last month 3.9% factory orders…

Read more

Gold declines as Middle East tensions and higher-for-longer Fed outlook weigh

Gold (XAU/USD) trades lower on Wednesday as escalating tensions in the Middle East dampen hopes for a near-term US-Iran peace deal. At the time of writing, XAU/USD is trading around $4,455, down nearly 1.85% so far this week. US Central Command said American forces intercepted multiple Iranian ballistic missiles and drones targeting Kuwait and Bahrain on Tuesday. In response,…

Read more

Best Indicators for Trading Gold (XAU/USD) in 2026

2026.06.03 2026.06.03 Best Indicators for Trading Gold: Guide for XAU/USD Traders Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ Gold trading is unique for two reasons. First, unlike purely speculative assets, gold is supported by industrial demand, contributing to its long-term value. Second, its sensitivity to fundamental factors makes it highly volatile. Gold’s high volatility creates opportunities for quick profits during strong price swings. To…

Read more