The numbers via oilprice.com — Expectations I had seen centred on: Headline crude -2mn barrels Distillates -0.6mn bbls Gasoline -1.1mn This data point is from a privately-conducted survey by the American Petroleum Institute (API). It’s a survey of oil storage facilities and companies The official report is due Wednesday morning US time. The two reports are quite different. The…
GBP/USD rebounds from 1.3332 lows 1.3442 as US Dollar slips after Tuesday’s sharp rally above DXY 98.50. US JOLTS report shows July job openings fell sharply, highlighting tariffs’ drag on hiring and manufacturing weakness. UK Services PMI jumps to 54.2, easing fiscal worries, while BoE officials stress inflation risks and policy caution. The GBP/USD advances during the North American…
2025.09.03 2025.09.03 Best Technical Analysis Books For Every Trader Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ This article presents what the author modestly considers to be the best books on technical analysis. All of these books reveal the art of trading from different angles. The reading list is compiled in such a way that every trader can find a suitable guide based on their…
Sterling’s broad weakness took GBP/NZD below a key area of interest earlier this week! Can the pair go back to its August uptrend? We’re looking at a previous area of interest for potential pullback opportunities: GBP/NZD 4-hour Forex Chart by TradingView In case you missed it, worries about the U.K.’s fiscal mess pushed bond yields to levels we haven’t…
Oil sank earlier today after a Reuters report said OPEC+ was considering a fresh output hike this weekend. Later, a report from Bloomberg said OPEC had pumped an additional 400k bdp in August, which is in line with the planned production hike. In the past few minutes though, oil prices have bounced in a big way, with WTI quickly…
USD/CHF struggles ahead of US JOLTS Job Openings and the Fed Beige Book due on Wednesday. The CME FedWatch tool indicates that more than 89% of a 25-basis-point Fed rate cut is expected in September. Thursday’s Swiss CPI data will likely provide insights into the SNB’s policy outlook for September. USD/CHF struggles after two days of gains, trading around…
2025.09.03 2025.09.03 Best Uranium Stocks to Buy Now: Investment List for 2025 Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ Over the past five years, top uranium stocks have more than tripled in price, delivering an annual return of around 60%, making them a recurring theme in stock market news alongside other uranium stocks. For comparison, the S&P 500 index has yielded about 94% over…
Vacation’s over, and it’s time to face reality! Whether you spent the summer living your best life or binge-watching The Summer I Turned Pretty in your basement, the markets kept moving while you were checked out. And now you’re about to jump back in with all the grace of a belly flop. Unfortunately, a lot of traders I’ve had…
Prior was +0.2% (revised to -0.1%) This is the worst quarter since Q4 2022. This article was written by Adam Button at investinglive.com.
US Dollar (USD) rose overnight but range remains confined to recent levels. DXY last at 98.28 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note. Daily momentum turned mild bullish “Markets are still waiting to see how NFP data (Friday) and BLS prelim benchmark revision to establishment survey (next Wed) turn out to be. The latter will show…
