New Zealand’s Budget Release: Forecasts 2.3% GDP growth in 2026/27

New Zealand’s Finance Minister Nicola Willis delivered the government’s Budget 2026 on Thursday with the details below. Key quotes NZ sees 2025/26 operating balance before gains, losses NZ$-15.06 bln (hyefu NZ$-16.93bln). NZ sees 2026/27 OBEGAL balance NZ$-14.09 bln (hyefu NZ$-12.99bln). NZ 2025/26 cash balance NZ$-9.31 bln (hyefu NZ$-14.80). NZ sees 2026/27 GDP +2.3% (hyefu +3.4%). NZ sees 2025/26 net debt 42.4%…

Read more

Gold flatlines near $4,450 on US-Iran uncertainties, US PCE inflation data looms

Gold price (XAU/USD) trades on a flat note around $4,455 during the early Asian session on Thursday. The precious metal steadies as US-Iran peace negotiations face uncertainties. Traders prefer to wait on the sidelines ahead of the US Core Personal Consumption Expenditures (PCE) Price Index report, which is due later on Thursday.  US President Donald Trump said on Wednesday…

Read more

Financial & Forex Market Recap – May 27, 2026

Markets faced a tug-of-war on Wednesday between lingering optimism that a US-Iran agreement was imminent and a steady drumbeat of contradictory signals that kept traders from fully committing in either direction. WTI crude oil bore the deepest losses of the session as conflicting headlines from Washington and Tehran created whipsaw price action, while equities managed to hold near record…

Read more

Crude Oil prices a deal the White House calls a lie

Iran’s state broadcaster said Wednesday that Tehran had received an initial draft of a 14-point Memorandum of Understanding (MOU) framework with the United States, one that would reopen the Strait of Hormuz, lift the US naval blockade on Iranian ports, and pull US forces back from Iranian territory. Within hours the White House posted on X calling the report…

Read more

Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 27.05.2026

2026.05.27 2026.05.27 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 27.05.2026 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 Elliott Wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The final part of a bullish impulse continues developing. Consider long positions with a Take Profit at 82,500.00. XRPUSD: The price is…

Read more

US sells 5-year notes at 4.182% vs 4.181% WI

Prior was 3.955% Bid to cover at 2.34 vs 2.33 prior Primary Dealers 12.8% Direct 12.3% Indirect 74.9% A negligible tail of 0.1 bps. Treasury yields have been falling steadily since the May 19 highs. The optimism regarding a US-Iran deal helped ease inflation concerns as it also contributed to lower oil prices. Nevertheless, an agreement has not been…

Read more