Shares of ASPI are jumping today after a report that the sons of Donald Trump — Eric and Don Jr — invested in the convertible notes of its subsidiary. Quantum Leap Energy is wholly owned by ASPI and raised about $64.3 billion, according to Bloomberg. Among those investors were Trump’s sons and naturally, shares of the parent company are…
United States Consumer Credit Change above expectations ($10B) in September: Actual ($13.09B)
2025.11.07 2025.11.07 EUR/USD: Elliott Wave Analysis and Forecast for 07.11.25 – 14.11.25 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 1.1587 with a target of 1.1380 – 1.1200. A sell signal: the price holds below 1.1587. Stop Loss: above 1.1587, Take Profit: 1.1380 – 1.1200. Alternative…
If I had to try to pin down a catalyst for the comeback it would be the news on a few fronts: More dovish UMich survey Lower 1-year inflation expectations in the NY Fed survey Signs of a deal on a US government shutdown The thing is, that all hit around 10 am ET and the market didn’t bottom…
Federal Reserve Governor Stephen Miran spoke about stablecoins and monetary policy at the Blockchain & Venture Capital Summit in New York on Friday. He said that a lot of stablecoin usage would likely lower the neutral rate, and that Widespread stablecoin usage could push up the dollar’s value. Key Takeaways Widespread stablecoin usage could increase risk of hitting zero…
2025.11.07 2025.11.07 GBP/USD: Elliott Wave Analysis and Forecast for 07.11.25 – 14.11.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 1.3280 with a target of 1.2936 – 1.2740. A sell signal: the price holds below 1.3280. Stop Loss: above 1.3280, Take Profit: 1.2936 –…
Crude oil futures are settling at $59.75 up $0.32 on the day. For the trading week, the price is down $-1.06 or -1.74%. Technically, the price high on Monday extended above the falling 200 bar moving average on the 4-hour chart but found willing sellers against the low of the swing area at $61.45. The upper swing area codes…
Gold price (XAU/USD) advances during the North American session on Friday, up 0.64% as the US government shutdown extends, while risk aversion keeps US equity markets poised for weekly losses. At the time of writing, Bullion trades at $4,002 after bouncing off daily lows of $3,974. Bullion gains 0.64% amid risk aversion and growing bets for a December Fed…
2025.11.07 2025.11.07 Silver Sends a Signal. Forecast as of 07.11.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ There have been three major spikes and subsequent declines in silver’s history, each tied to a surge in demand followed by its exhaustion. What could the latest XAG/USD plunge in autumn be signaling? Let’s discuss it and make a trading plan. The article covers the following subjects:…
Next week, the data will be highlighted by UK (Tuesday at 2 PM ET) and Australian jobs reports (Wednesday at 7:30 PM ET/Thursday in Australia. UK GDP will be released on Thursday (at 2 AM ET). If it were a normal week, US CPI would’ve been released along with, retail sales, unemployment claims and PPI data. However the US…
