The U.S. private sector unexpectedly shed 32,000 jobs in September versus the projected gain of 54,000, according to ADP’s National Employment Report, signaling mounting employer caution amid persistent economic uncertainty. The contraction marks a stark reversal from recent months and reinforces signs of a cooling labor market heading into the fourth quarter. The breadth of job losses across most…
Government, BOJ need to be aligned on economic policy Will closely coordinate with the BOJ on that It is too early to be relieved about Japan’s economy Government needs to bear responsibility in both fiscal and monetary policy Never denied the importance of fiscal prudence Need swift support for weak small to medium-sized companies in order to bolster wage…
The Dow Jones Industrial Average (DJIA) caught a firm bid on Friday, rising 482 points, or 1.04%, bottom-to-top. The Dow briefly pierced the 47,000 major price handle for the first time ever, before easing back to a more sedate +250 points (0.55%) on the day. Broad-market index gains were trimmed by a late-session pullback in familiar tech names such…
2025.10.03 2025.10.03 GBP/USD: Elliott Wave Analysis and Forecast for 03.10.25 – 10.10.25 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…
The ISM manufacturing PMI for September inched up to 49.1 from 48.7 in August, slightly beating the 49.0 consensus but remaining in contraction territory for the seventh consecutive month. While the headline showed marginal improvement, underlying components painted a concerning picture of deteriorating demand. Key Takeaways from the September ISM Manufacturing Report Manufacturing contraction persists: The index rose to…
It looks like history won’t repeat itself from last year, as Sanae Takaichi comes out on top in this year’s runoff vote. She is now set to become Japan’s first ever female prime minister in taking over from Shigeru Ishiba, who has lost his standing after the dismal July upper house election results. As mentioned yesterday, Takaichi is often…
EUR/USD consolidates on Friday amid a quiet trading session due to the lack of a fresh catalyst, sponsored by a US government shutdown that seems poised to extend beyond the current week. The pair trades at 1.1738, up 0.28%, at the time of writing. Shared currency consolidates with light data and split Fed rhetoric keeping traders cautious The US…
2025.10.03 2025.10.03 USD/JPY: Elliott Wave Analysis and Forecast for 03.10.25 – 10.10.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Once the correction ends, consider long positions above the level of 142.50 with a target of 154.80 – 158.85. A buy signal: the correction ends and the price holds above 142.50. Stop Loss: below 142.50,…
NZD/CHF is bouncing from a major psychological level, setting up a run toward a key resistance zone. Will NZD/CHF extend a months-long downtrend if it hits the area of interest? We’re taking a closer look at the 4-hour time frame! NZD/CHF 4-hour Forex Chart by TradingView The New Zealand dollar is off to a solid start this October, boosted…
Both the Dow industrial average and the S&P closed at record levels today. The S&P just barely reached that record with a gain of 0.44 points or 0.01%. The NASDAQ index did move lower after closing at a record level yesterday. For the trading week, the major indices were higher: a summary of the day shows: Dow industrial average…
