UoM Consumer Sentiment rose to 60.5 in June

Consumer confidence rose sharply in June, according to the Michigan Consumer Sentiment Index. One-year inflation expectations eased to 5.1%. American consumer confidence regained its smile in early June, as households grew more optimistic about current conditions and the broader economic outlook, according to preliminary data from the University of Michigan. The closely watched consumer sentiment index rose to 60.5…

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Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 13.06.2025

2025.06.13 2025.06.13 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 13.06.2025 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 the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The correction continues. The price may decline to a low of 100,408.78. Consider sales with Take Profit at 100,408.78….

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The IAEA (International Atomic Energy Agency) Grossi: Key Iranian Uranium plant destroyed

The IAEA (International Atomic Energy Agency) Grossi is saying: Above ground plant where Iran was producing uranium enriched of up to 60% uranium has been destroyed No indication of attack on underground enrichment halls at Natanz, but an attack on the power supplies may have damages centrifuges There is radiological and chemical contamination inside facilites at Natanz Iran says…

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USD/СAD: Elliott wave analysis and forecast for 13.06.25 – 20.06.25

2025.06.13 2025.06.13 USD/СAD: Elliott Wave Analysis and Forecast for 13.06.25 – 20.06.25 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 1.3865 with a target of 1.3425 – 1.3108. A sell signal: the price holds below 1.3865. Stop Loss: above 1.3900, Take Profit: 1.3425 – 1.3108. Alternative…

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Central bank meetings will dominate the economic calendar next week

Next week will be a pivotal one for global monetary policy, with key central banks scheduled to announce their latest decisions. The Bank of Japan (Tuesday), Federal Reserve (Wednesday), Swiss National Bank (Thursday), and Bank of England (Thursday) will all hold policy meetings. While the BOJ, Fed, and BOE are widely expected to keep rates unchanged, the Swiss National…

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Gold remains firm above $3,400 amid heightened geopolitics

Gold prices remain firm as markets focus on Israel’s attacks on Iran.  XAU/USD continues to climb, with prices holding firm above $3,400 while US equities and risk assets plunge. Michigan consumer sentiment and expectations beat estimates, with inflation expectations falling. But ‘risk-off’ tone remains. Gold (XAU/USD) is extending its gains as Israel’s attacks on Iran continue, supporting demand for…

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USD/CHF: Elliott wave analysis and forecast for 13.06.25 – 20.06.25

2025.06.13 2025.06.13 USD/CHF: Elliott Wave Analysis and Forecast for 13.06.25 – 20.06.25 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 0.8250 with a target of 0.7800 – 0.7600. A sell signal: the price holds below 0.8250. Stop Loss: above 0.8290, Take Profit: 0.7800 – 0.7600. Alternative…

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Global Market Weekly Recap: June 9 – 13, 2025

What a week it’s been for global markets. We kicked things off with renewed optimism around US-China trade talks in London, which helped Bitcoin surge past $108,000 and kept risk assets buoyant. Wednesday’s softer-than-expected US inflation data had traders pricing in Fed rate cuts, sending the dollar tumbling to three-year lows against major currencies. But Friday morning changed…

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