United States Baker Hughes US Oil Rig Count increased to 414 from previous 413
United States Baker Hughes US Oil Rig Count increased to 414 from previous 413
United States Baker Hughes US Oil Rig Count increased to 414 from previous 413
The USDCAD saw a slew of economic data come out earlier today, painting a stronger-than-expected picture for the Canadian economy. Building permits for October were much stronger than expectations, surging 14.9% versus the forecasted -0.9% decline. Additionally, Capacity Utilization for the 3rd quarter came in at 78.5% (versus 77.6% revised from the last quarter), and Wholesale Trade for October…
The Australian Dollar (AUD) holds firm against the US Dollar (USD) on Friday as traders look past this week’s Reserve Bank of Australia and Federal Reserve (Fed) monetary policy announcements and reassess the near-term interest-rate outlook. At the time of writing, AUD/USD is trading around 0.6656, stabilising after a short-lived dip toward 0.6632. The Reserve Bank of Australia (RBA)…
The Great Rotation Continues The rotation in the US stock market is gaining momentum today, creating a tale of two markets. On one side, the Dow Jones Industrial Average is trading higher, finding support from major industrial and cyclical stocks that are attracting fresh capital. On the other side, the big technology heavyweights that have driven much of the…
Gold (XAU/USD) advances modestly on Friday as traders seem to book profits ahead of the weekend, yet clings to gains of over 0.51% after reaching a seven-week high of $4,353. At the time of writing, XAU/USD trades at $4,302 as traders digest comments from Federal Reserve (Fed) officials. Bullion trims gains ahead of the weekend, but remains supported by…
Order flow perspective as price tests a key downside level As market rotation may be intensifying and silver, the new black in metals (for quite some time now) skyrockets to a new high (don’t forget my long term target for silver), I wanted to access investingLive’s orderFlow Intel to see if the early selling today was intense under the…
Silver prices plunges after hitting an all-time high (ATH) of $64.65 losses 2.75% as investors book profits ahead of the weekend, as Federal Reserve officials remain divided about future monetary policy meetings. At the time of writing, XAG/USD trades at $61.84. XAG/USD Price Forecast: Technical outlook The grey metal remains upward biased but in the short-term could be headed…
Here is a snapshot of the US stock market today, Friday, December 12, 2025, highlighting the “Tech Wreck” narrative driving the major declines you are seeing. Market Summary: The Great Rotation Intensifies The divergence in the market has widened significantly today. Investors are aggressively rotating out of high-flying technology and AI stocks—sparked by disappointments from key sector leaders—and moving…
In an interview with the Wall Street Journal, the US President Donald Trump revealed that he is leaning on former Fed Governor Kevin Warsh and also on the National Economic Council Director Kevin Hassett to lead the Federal Reserve since May 2026. When asked if Kevin Warsh was at the top of the list Trump said “Yes, I think…
2025.12.12 2025.12.12 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 12.12.2025 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 may decline in wave (Z), targeting 80,842.00. Consider short positions. XRPUSD: Bearish wave may start unfolding soon. Consider…