As the leaders respective planes land on the tarmac in Alaska, and the world awaits the vision of both leaders on US soil, the US has reportedly readied a suite of options to punish Russia if the talks fail. Including sanctions on Rosneft and Lukoil if Putin balks on cease-fire. The hype has been laid for this type of…
Gold price consolidates around $3,340 as investors await a meeting between US President Trump and Russian leader Putin. US Trump hinted that Russia’s Putin might agree to end the war in Ukraine. Traders remain confident that the Fed will reduce interest rates in September. Gold price (XAU/USD) trades with caution around $3,340 during the European trading session on Friday….
2025.08.15 2025.08.15 GBP/USD: Elliott Wave Analysis and Forecast for 15.08.25 – 22.08.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 1.3132 with a growth target of 1.3850 – 1.4000. A buy signal: the price holds above 1.3132. Stop Loss: below 1.3090, Take Profit: 1.3850 – 1.4000….
U.S. equities ended the session with a mixed performance as investors weighed hopes for peace, hopes for a rate cut, but concerns about inflation continue to weigh as import prices rose sharply. The Dow Jones Industrial Average managed to avoid finishing in negative territory largely due to a sharp gain in UnitedHealth Group (UNH), which jumped 11.98%. The rally…
The United States Census Bureau will release Retail Sales data on Friday. US Retail Sales are expected to have increased by 0.5% in July, in line with June’s 0.6% rise. These figures are unlikely to significantly alter the consensus for a Fed rate cut in September. The United States Census Bureau will publish the country’s Retail Sales report on…
2025.08.15 2025.08.15 Gold Returns to Its Golden Age. Forecast as of 15.08.2025. Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ In the previous Fed rate-cutting cycle amid rising inflation in 2007–2008, gold surged 47%. History is repeating itself, and the outlook for the precious metal remains optimistic. Let’s discuss it and make a trading plan for XAUUSD. The article covers the following subjects: Major Takeaways…
U.S. retail sales for the month rose 0.5%, matching expectations, following a revised 0.9% increase in June (originally reported at 0.6%). The ex-auto reading also came in as expected, but the prior month was revised higher to 0.8% from 0.6%. The control group, which strips out volatile components and is a key input for GDP calculations, rose 0.5%, slightly…
American consumer confidence lost momentum in early August, as households grew more pessimistic about current conditions and the broader economic outlook, according to preliminary data from the University of Michigan. The closely watched Consumer Sentiment Index dropped to 58.6 from 61.7 in July, missing economists’ expectations and signalling a poor backdrop in public confidence. Furthermore, the Current Conditions index…
2025.08.15 2025.08.15 WTI Crude Oil: Elliott Wave Analysis and Forecast for 15.08.25 – 22.08.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 61.00 with a growth target of 77.65 – 85.00. A buy signal: the price holds above 61.00. Stop Loss: below 59.90, Take Profit: 77.65…
GBP surged while Swiss franc drops amid Trump’s tariffs. Data & the Fed signaled September cuts to bring bearish sentiment onto USD into the weekend.
