People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range,…
Gold now appears to have entered a consolidative phase around the $4,150 region per troy ounce on Thursday. The move higher in the yellow metal appears supported by a cautious mood ahead of the US CPI data, while a firm Dollar, mixed Treasury yields, and easing trade worries are keeping price action fairly contained.
2025.10.23 2025.10.23 Short-Term Analysis for Oil, Gold, and EURUSD for 23.10.2025 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Oil is rising in a correction within…
Geopolitical tensions took center stage on Thursday as sweeping U.S. sanctions on Russian oil producers sent crude prices surging, while equity markets rallied on optimism surrounding upcoming U.S.-China trade talks and expectations for continued Federal Reserve easing. Oil’s dramatic spike dominated market attention, though gains moderated by session’s end, while confirmation of next week’s Trump-Xi meeting provided a counterweight…
China is using Venezuela for fentanyl smuggling Reports of B1 bombers near Venezuela are not accurate Will be seeing land action in Venezuela soon Rand Paul is the only one speaking up against these assassinations in the caribbean. He makes the point that it’s impossible for the outboard motor boats to reach the US without refuelling 20 times. It’s…
The Dow Jones Industrial Average (DJIA) found slim gains on Thursday, climbing around 150 points and clawing back some of the losses that pummeled the major equity index the previous session. Investors remain leery of a fresh steepening of the ongoing trade spat between the US and China, but another bumper earnings season and hopes for additional Federal Reserve…
2025.10.23 2025.10.23 Best Bank Stocks to Buy Right Now: Expert Analysis Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ Bank stocks are often used to diversify investment portfolios and allocate money when the economy recovers. However, due to high volatility, only a few of them can be considered the best bank equities to buy for long-term investors. This article explores cases in which even the…
What’s up with the market whiplash these days? One day, prices are soaring because of geopolitical fear; the next, they crash on hopes of a truce. It’s confusing, it’s noisy, and it’s still mostly centered around the ongoing trade struggle between the U.S. and China. Over the past few days, financial headlines highlighted a fresh round of aggressive tariffs…
Freddie Mac is reporting that the 30 year fixed-rate mortgage rate averaged 6.19% in the October 23 week. That is down from 6.27% last week and is the lowest since October 3 week. The 10 year yield moved to a low yesterday at 3.936% which was the lowest level going back to April 7. The yield today is back…
United States Kansas Fed Manufacturing Activity up to 15 in October from previous 4
