Markets navigated the first US government shutdown in seven years with surprising resilience on Wednesday, as equities posted a fourth consecutive gain despite the political dysfunction in Washington. The shocking negative ADP payrolls print intensified Fed rate cut expectations, sending Treasury yields lower while gold and Bitcoin marched higher. Check out the headlines and economic updates you may have…
Once again, Sanae Takaichi finds herself in a similar position to where she was last year. That being just one voting round shy of becoming Japan’s first ever female prime minister. This time around, the person standing in her way is Shinjiro Koizumi – who himself has the chance to become Japan’s youngest prime minister in the post-war era….
Federal Reserve (Fed) Board of Governors plant Stephen Miran doubled down on his belief that the Fed has a lot more room to cut its way to neutral interest rates. Miran also reiterated his opinion that Trump’s stark anti-immigration policies will entirely alleviate shelter price inflation, a policy approach that Miran has not backed up with any meaningful economic…
2025.10.03 2025.10.03 EUR/USD: Elliott Wave Analysis and Forecast for 03.10.25 – 10.10.25 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 1.1916 with a target of 1.1200 – 1.1000. A sell signal: the price holds below 1.1916. Stop Loss: above 1.1980, Take Profit: 1.1200 – 1.1000. Alternative…
The U.S. private sector unexpectedly shed 32,000 jobs in September versus the projected gain of 54,000, according to ADP’s National Employment Report, signaling mounting employer caution amid persistent economic uncertainty. The contraction marks a stark reversal from recent months and reinforces signs of a cooling labor market heading into the fourth quarter. The breadth of job losses across most…
Government, BOJ need to be aligned on economic policy Will closely coordinate with the BOJ on that It is too early to be relieved about Japan’s economy Government needs to bear responsibility in both fiscal and monetary policy Never denied the importance of fiscal prudence Need swift support for weak small to medium-sized companies in order to bolster wage…
The Dow Jones Industrial Average (DJIA) caught a firm bid on Friday, rising 482 points, or 1.04%, bottom-to-top. The Dow briefly pierced the 47,000 major price handle for the first time ever, before easing back to a more sedate +250 points (0.55%) on the day. Broad-market index gains were trimmed by a late-session pullback in familiar tech names such…
2025.10.03 2025.10.03 GBP/USD: Elliott Wave Analysis and Forecast for 03.10.25 – 10.10.25 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 1.3530 with a target of 1.3137 – 1.2936. A sell signal: the price holds below 1.3530. Stop Loss: above 1.3590, Take Profit: 1.3137 – 1.2936. Alternative…
The ISM manufacturing PMI for September inched up to 49.1 from 48.7 in August, slightly beating the 49.0 consensus but remaining in contraction territory for the seventh consecutive month. While the headline showed marginal improvement, underlying components painted a concerning picture of deteriorating demand. Key Takeaways from the September ISM Manufacturing Report Manufacturing contraction persists: The index rose to…
It looks like history won’t repeat itself from last year, as Sanae Takaichi comes out on top in this year’s runoff vote. She is now set to become Japan’s first ever female prime minister in taking over from Shigeru Ishiba, who has lost his standing after the dismal July upper house election results. As mentioned yesterday, Takaichi is often…
