Sun: US clocks change (LDN-NY gap reverts to 5hrs); OPEC-8 Meeting. Australian Final PMIs (Oct) Mon: Japan Culture Day Holiday; Swiss CPI (Oct), EZ, UK & US Final Manufacturing PMI (Oct), US ISM Manufacturing PMI (Oct), Construction Spending (Sep) Tue: RBA Announcement & SoMP, French Assembly Budget (PLF/Revenue) Vote; Canadian Trade Balance (Sep), New Zealand Unemployment (Q3) Wed: US…
Federal Reserve Bank of Atlanta President Raphael Bostic is scheduled to participate in a fireside chat at the Evolving Landscape of Bank Funding Conference, hosted by the Federal Reserve Bank of Dallas on Friday. Bostic said that he supported the cut because he still feels the economy is in restrictive territory and that “we have to see more progress…
2025.10.31 2025.10.31 USD/CAD: 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 1.4040 with a target of 1.3723 – 1.3570. A sell signal: the price holds below 1.4040. Stop Loss: above 1.4100, Take Profit: 1.3723 – 1.3570. Alternative…
On Air Force One, Trump said he would love to get rid of the remaining 10% fentanyl tariff on China. At this rate, China is going to have the lowest tariffs in the world. Also: Says there are no strikes on Venezuela I wonder if that leak to the Miami Herald was just to see what kind of alarms…
Federal Reserve (Fed) Bank of Cleveland President Beth Hammack is due to participate in a fireside chat at the Evolving Landscape of Bank Funding Conference hosted by the Federal Reserve Bank of Dallas on Friday. She said that she would not have cut rates and that all of us would go out into the districts, getting a robust picture…
2025.10.31 2025.10.31 UK Budget Crisis Pushes GBP Lower. Forecast as of 31.10.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Will the Bank of England manage to save the economy? Goldman Sachs urges it to cut rates as early as November. Tax hikes and budget spending cuts will likely slow both GDP and inflation. What lies ahead? Let’s discuss it and make a trading plan…
Fed’s Bostic is saying: Eventually got behind the cut this week Dual mandates are in tension supported a cut because it still feels we are in restrictive territory. Need to get inflation to 2%. Lesson half of upward price pressure is being reported as from tariffs. We have to see more progress before comfortable getting rates to neutral. Really…
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.
2025.10.31 2025.10.31 Is Forex Trading Halal or Haram? Islamic View on Trading Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ Trading on the stock exchange is not easy: it requires a deep understanding of the Forex market and the ability to make well-reasoned decisions. For Muslims who strive to live according to Sharia law, the question often arises: Is it even allowed to trade in…
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…
