Gold prices fell in Philippines on Thursday, according to data compiled by FXStreet. The price for Gold stood at 6,068.03 Philippine Pesos (PHP) per gram, down compared with the PHP 6,080.62 it cost on Wednesday. The price for Gold decreased to PHP 70,784.72 per tola from PHP 70,923.19 per tola a day earlier. Unit measure Gold Price in PHP…
2025.07.03 2025.07.03 Challenge Midway Review: Exploring Strategies for Earning Points Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ We are currently halfway through the LiteFinance 20th Anniversary Challenge, and the competition is becoming more intense: participants accumulate more points in the weekly challenge with each passing month. In other words, the number of trades and referrals is soaring. Today, we are reviewing the contest’s midterm…
Will the upcoming NFP release spark market fireworks before the Fourth of July? Expectations are for a slightly slower pace of hiring gains in June, but leading indicators are giving mixed signals. Here’s what you need to know when trading the official U.S. employment report. This Article Is For Premium Members Only Become a Premium member for…
This is a strong signal from the market. The US dollar leaped higher on the stronger non-farm payrolls report, climbing 40-100 pips across the board. The peak in those moves came immediately after the report and have now largely reversed despite the Fed funds curve continuing to reprice. Year-end Fed funds futures show 52 bps in easing compared to…
India HSBC Composite PMI remains unchanged at 61 in June
2025.07.03 2025.07.03 Pound Plummets on Chancellor’s Tears. Forecast as of 03.07.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ After Rachel Reeves appeared tearful in parliament, markets experienced a decline due to concerns regarding her potential resignation as finance minister. The current Chancellor of the Exchequer may be replaced by someone who will adopt a more relaxed fiscal policy. Let’s discuss this topic and develop…
The U.S. private sector unexpectedly lost 33,000 jobs in June, a big miss compared to the forecast for a 95,000 gain. That’s the first drop since March 2023, and to make things worse, May’s figure was revised down to 29,000 from 37,000. Most of the weakness came from services, with professional and business services down 56,000 and education and…
With tensions in the Middle East subsiding and trade talks stalled with little visible progress, market attention is focused on one big issue: Trump’s “big, beautiful bill” of tax cuts and spending cuts, which Republican lawmakers appear to be aiming to pass before July 4, Independence Day. The problem is that, if passed, it would add more than $3…
India HSBC Services PMI came in at 60.4, below expectations (60.7) in June
2025.07.03 2025.07.03 US On Road to Weaker Dollar. Forecast as of 03.07.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The US dollar needs to be devalued by 30–35% to balance US foreign trade. However, this would likely result in inflation exceeding 4%, which would necessitate the Fed to maintain elevated interest rates. However, this strategy is not aligned with the US administration’s strategic plans….
