The U.K. jobs report reflected a worsening picture of the labor market, as the October claimant count change came in higher than expected at 29K versus the 17.6K consensus while the unemployment rate rose to 5.0%. Wage growth also slowed, with the average earnings index slipping from 5.0% to 4.8% instead of holding steady for the three-month period ending…
more to come — Expectations I had seen centred on: Headline crude +2 mn barrels Distillates -2 mn bbls Gasoline -1.9 mn — This data point is from a privately-conducted survey by the American Petroleum Institute (API). It’s a survey of oil storage facilities and companies The official report is due Wednesday morning US time. Shut down permitting. The…
The US Dollar (USD) remains under pressure as investors tilt into a risk-on stance ahead of an expected vote to re-fund the US government on a short-term basis. A vote on a short-term funding solution on the floor of the lower US House of Representatives is expected during the overnight session. A successful vote will likely see risk appetite…
2025.11.12 2025.11.12 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 12.11.2025 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 cryptocurrencies continue to move in a downtrend. The article covers the following subjects: Major Takeaways BTCUSD: The final part of the bearish impulse appears to be forming,…
The UK job market just took a nose dive, and traders everywhere are wondering what’s next for the Pound. Will the Bank of England rescue the economy in December with a rate cut? With unemployment spiking, wage growth slowing, and a big budget decision looming, GBP looks stuck in “wait and see” mode. Dive in as we break…
Fed’s Miran is speaking and said: Fed policy is to restrictive Yesterday Miran spoke on CNBC and said that inflation data is becoming stale and continues to move lower, with evidence since September suggesting the Fed should be more dovish than its earlier stance. He argued that policy should be forward-looking rather than reactive, noting that some colleagues remain…
The Euro (EUR) edges higher against the US Dollar (USD) on Wednesday, reversing earlier losses as the Greenback’s rebound loses steam ahead of a critical congressional vote to end the record-long US government shutdown. At the time of writing, EUR/USD is trading around 1.1589, extending its winning streak for the sixth consecutive day after bouncing off an intraday low…
2025.11.12 2025.11.12 US Dollar Strengthens Amid Stocks Rally. Forecast as of 12.11.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Due to the current high debt rates, the US dollar has been labeled a risky currency. Carry traders have adopted it as a key instrument in their transactions. As a result, when the S&P 500 index rises, the EUR/USD pair falls. Let’s discuss this topic…
One of the most popular discussions about trading is how much a trader should risk per trade. A lot of them go by the standard 1% to 2% while the more aggressive ones sometimes recommend risking as much as 5%. What you should understand is that taking risks is not a one-dimensional pursuit. Sure, there are basic rules you…
Prior was -1.2% Total value of building permits at $11.7 billion Residential +4.8% Non-residential +4.0% Q3 permits down -5.4% There has been a slow, steady decline in inflation-adjusted building permits since 2020. In the latest budget, the Federal Government splurged on spending for capital projects but that’s going to take awhile to get into the pipeline given approval lags….
