The Australian economy expanded 0.6% quarter-on-quarter in Q2 2025, surpassing expectations for a 0.5% growth figure and also seeing an upgrade for the earlier period. On a year-on-year basis, the economy grew 1.8% in the June quarter, marking the fastest pace of growth since September 2023. In addition, the previous GDP figure was revised higher from 0.2% to 0.3%…
Prior 51.8 Final Composite PMI 53.5 vs 53.0 prelim Prior 51.5 Key findings: Output growth accelerates during August Rebound in new order intakes Business optimism rises to a 10-month high Comment: Tim Moore, Economics Director at S&P Global Market Intelligence, said: “August data highlights a welcome acceleration of output growth and a swift rebound in order books after July’s…
Australian Dollar remains subdued despite stronger-than-expected Q2 GDP. China’s Caixin Services PMI rose to 53.0 in August, against the expected 52.5 reading. The CME FedWatch tool indicates that more than 91% of a 25-basis-point Fed rate cut is expected in September. The Australian Dollar (AUD) moves little against the US Dollar (USD) on Wednesday after registering 0.5% gains in…
2025.09.03 2025.09.03 Short-Term Analysis for Oil, Gold, and EURUSD for 03.09.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Short-term forecast for oil, gold, and euro-dollar…
Missed the double top breakdown on bitcoin? Price is now back to testing the former support zone, which could hold as resistance moving forward. Take a look at these inflection points on the 4-hour time frame: Bitcoin (BTC/USD) 4-hour Chart by TradingView BTC/USD recently fell through support at the $112,500-$115,000 zone, suggesting a potential reversal from the uptrend earlier…
Exchanged views with PM Ishiba on economy, financial markets in a regular meeting Had discussion on various topics about the economy, forex Exchange rate should move in a manner that is reflecting fundamentals No change to our stance on rate hikes No change to the stance of raising interest rates if economy, prices move in line with forecast Want…
The Pound Sterling plunges below 1.3400 against the US Dollar as the Greenback gains ahead of the US opening. Investors await the US ISM Manufacturing PMI data, which is expected to have declined again. The BoE is unlikely to cut interest rates in the monetary policy meeting this month. The Pound Sterling (GBP) underperforms its major peers in a…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
Gold retreated from fresh record highs beyond $3.500 but remains steady above $3,470. The US Dollar appreciates amid higher US yields and a risk-averse market. XAU/USD is correcting lower after a six-day rally. Gold is trading higher for the sixth consecutive day on Tuesday, but the precious metal found sellers at all-time highs right above the $3,500 level, and…
2025.09.02 2025.09.03 Weekly Economic Calendar for 08.09.2025–14.09.2025 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Volatility continues to stir up the markets as investors try to get a clearer picture of the Fed’s monetary policy outlook. Next week, the Fed is scheduled to hold its meeting, and market participants are sure that the central bank will cut interest rates. In the upcoming week of September…
