After printing back-to-back major misses in jobs data, will Canada finally see a rebound in hiring this time? Or will the downward momentum in employment carry on? Here’s what you need to know when trading this top-tier report. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free…
Hedge funds are stepping up bullish bets on the U.S. dollar, positioning for its rebound to extend through year-end, according to traders cited by Bloomberg. Activity in options for December has surged, signalling expectations of further euro, yen, sterling, and New Zealand dollar weakness. The Australian dollar remains an outlier, supported by the RBA’s hawkish tone after its September…
China’s Commerce Ministry said on Thursday that the country will tighten rules on rare earth exports. Foreign businesses and individuals must obtain a dual-use items export license for rare earth exports. The official further stated that domestic exporters who ship certain dual-use items must indicate the ultimate destination country or area as needed. These measures will take effect from…
2025.10.08 2025.10.08 Gold (XAU/USD) Price Forecast for Today, Tomorrow, Next Week, and the Next 30 Days Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Gold (XAU/USD) is generally regarded as a safe-haven asset. The price of gold is influenced by geopolitical events, inflation rates, and shifts in interest rates. In the face of global economic uncertainty, the precious metal remains the primary defensive asset in…
Markets maintained their resilient tone on Wednesday despite the ongoing U.S. government shutdown entering its eighth day, with equities and alternative assets posting gains as traders digested Federal Reserve meeting minutes that revealed a divided committee but confirmed the path toward further easing. The session was marked by contrasting signals: gold extended its historic rally past $4,000 per ounce,…
Trump says Israel and Hamas have both signed off on the first Phase of our Peace Plan: No detail offered up as yet. — If this does become a reduction in Middle East tensions it should mean some of the bid in gold dissipating, easier oil prices still, lower yen and CHF, at the margin. A benefit for ‘risk’…
EUR/USD extends its losses for three straight consecutive days, down 0.32% as the US government shutdown extends, and the Federal Reserve’s last meeting minutes showed that officials remain cautious on inflation, despite easing policy. At the time of writing, the pair trades at 1.1622 after hitting a daily high of 1.1661. France political turmoil and German data push the…
2025.10.08 2025.10.08 Brent Steady After OPEC+ Modest Output Hike. Forecast as of 08.10.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Generally, the surplus in the oil market presents an opportunity to earn by accumulating reserves and selling them at higher prices. However, in 2025 and 2026, it will be challenging to benefit from this opportunity. Let’s discuss this topic and make a trading plan…
Market expectations were for the RBNZ to lower rates by 0.25% this week, but the central bank surprised with an even larger 0.50% reduction. This brought the OCR down from 3.00% to 2.50% – its lowest level in three years. Key Takeaways from the RBNZ Decision OCR cut by 50bp to 2.5%, exceeding market expectations of 25bp Inflation projected…
The price of crude oil is settling at $62.55. That is up $0.82 or 1.33%. The high for the day reached $62.92. The low was at $62.05. From a technical perspective, today’s price action has been encouraging for buyers. The market held above a swing area floor that previously acted as a barrier in both August and September (see…
