It was a positive day for US equities until Trump blew it up at 10:30 am ET with a tweet threatening new tariffs on China because of rare earth controls. Details have been light since then but the market isn’t waiting for details. The last few months have been a smashing success for bulls and at this point, asset…
Alibaba (BABA) stock traded lower for its sixth straight session on Friday as shares of the Chinese mega-cap gave up more than 8% to momentarily trade below $159 for the first time since September 16. US President Donald Trump sent the market off the cliff on Friday morning by threatening a renewed trade war with the globe’s second-biggest economy….
2025.10.10 2025.10.10 Silver Price Forecast & Predictions for 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Silver is a tangible commodity with real value, and its price cannot fall to zero. The metal is highly malleable, harder than gold, and softer than copper. It conducts electricity and heat well and remains in high demand across various industries. Silver is an…
Markets: Gold up $38 to $4012 US 10-year yields down 9.3 bps to 4.055% WTI crude oil down $2.70 to $58.81 Bitcoin down $4224 to $116,950 S&P 500 down 2.7% JPY leads, AUD lags It was looking like a quiet end to the week early in the day. Canadian employment data was strong and that led to a nice…
The EUR/USD pair recovers some ground on Friday, climbing above 1.1600 as the Greenback plunges, driven by an escalation of the trade war between the US and China. However, gains seem capped by the political turmoil and weaker-than-expected data in the Eurozone (EZ). The pair trades at 1.1606, up 0.37% at the time of writing. Dollar slumps on renewed…
2025.10.10 2025.10.10 EUR/USD: Elliott Wave Analysis and Forecast for 10.10.25 – 17.10.25 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 1.1782 with a target of 1.1380 – 1.1200. A sell signal: the price holds below 1.1782. Stop Loss: above 1.1845, Take Profit: 1.1380 – 1.1200. Alternative…
It’s something of a Black Friday in the crypto market with extreme selling in some names after Trump announced an additional 10% tariff on Chinese exports late in the day. Bitcoin is down 6% on the day to $113,700 but much-larger moves are happening in smaller names, starting with the 11.5% drop in ethereum and escalating from there to…
US President Donald Trump hit markets with a fresh tariff threat on Friday, continuing his lashout at China over their decision to impose even stricter export licensing requirements on foreign entities trying to move critical rare earths minerals out of China. Donald Trump declared via social media post that he will be imposing a new 100% tariff on all…
2025.10.10 2025.10.10 GBP/USD: Elliott Wave Analysis and Forecast for 10.10.25 – 17.10.25 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…
Dollar strengthened this week as Japan’s Takaichi election weakened the yen, RBNZ’s surprise rate cut lowered the Kiwi, French politics pressured the euro, and Trump’s tariff threats triggered risk-off flows.
