US ISM Services PMI drops to 50.1 in July

The US ISM Services PMI missed consensus in July. The US Dollar clings to its daily gains on Tuesday. Data from the Institute for Supply Management (ISM) showed the Services PMI receded to 50.1 in July, down from 50.8 in the previous month and falling behind analysts’ forecasts of 51.5. Meanwhile, the Prices Paid Index—which tracks inflation—advanced to 69.9…

Read more

The Dollar Gets Lost in the Crowd. Forecast as of 05.08.2025

2025.08.05 2025.08.05 The Dollar Gets Lost in the Crowd. Forecast as of 05.08.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ After a wave of “sell America” sentiment, the markets have returned to buying everything US-related, helping EUR/USD bears push back. Still, weakness in the US economy and capital outflows from the United States to Europe will continue to support the euro. Let’s discuss it…

Read more

Citi upgrades gold forecast to $3,500/oz; expects new all-time highs in next 3 months

Citi has raised its 0–3 month gold price target to $3,500/oz (from $3,300), now expecting gold to trade in a $3,300–$3,600/oz range in the near term. The shift comes amid a deteriorating US cyclical outlook, higher-than-expected tariffs, weakening labor market trends, and growing concerns over Fed and data independence. Key Points: Target Raised to $3,500/oz:Citi upgrades its near-term gold…

Read more

Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 05.08.2025

2025.08.05 2025.08.05 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 05.08.2025 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: Correction continues. Consider selling with a target of 107,842.00. XRPUSD: A bullish impulse is expected to end near a high…

Read more

Event Guide: New Zealand Employment Report (Q2 2025)

Tuesday’s jobs report could set the tone for NZD’s weekly performance, especially with the RBNZ already leaning dovish. What are traders expecting from the release anyway? Here are points to know if you’re planning on trading the event! This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience…

Read more

Technology sector mixed, financials face downturn, and healthcare stocks gain

Stock heatmap by FinViz.com Tue, 05 Aug 2025 14:46:16 GMT Technology sector mixed: A focus on emerging trends in today’s market The technology sector displayed mixed signals today, reflecting varied investor sentiment. While Oracle (ORCL) surged by 1.14% due to positive earnings reports, other tech giants like Microsoft (MSFT) faced a dip of 0.35%, indicating cautious sentiment among investors….

Read more