Author: FX
Israel’s UN Ambassador Danon tells CNN the Lebanon ceasefire extension is “not 100%,” warning Hezbollah is firing rockets to sabotage the truce and the Lebanese government cannot control the group. (CNN/Truth Social).Summary:Trump announced via Truth Social that the Israel-Lebanon ceasefire has been extended by three weeks following an Oval Office meetingThe meeting included VP JD Vance, Secretary of State Marco Rubio, Ambassador to Israel Mike Huckabee and Ambassador to Lebanon Michel Issa, alongside high-ranking representatives from Israel and LebanonTrump said the US will work with Lebanon to help it protect itself from Hezbollah, and looked forward to hosting Netanyahu and…
The Trend Exhaustion MT5 Indicator measures the declining force behind a price move. Think of it this way: price can keep climbing, but if each push higher requires more effort and produces smaller gains, the trend is aging. This indicator quantifies that aging process. It typically combines elements of rate-of-change analysis with volatility measurement. Some versions use a modified momentum oscillator that tracks the acceleration (or deceleration) of price movement over a set lookback period — commonly 10 to 21 bars. When momentum slows relative to recent history, the indicator generates an exhaustion signal, often displayed as a colored dot,…
Japan’s Finance Minister Satsuki Katayama warned that officials are in close contact around the clock with their US counterparts over speculative moves that are keeping the Japanese Yen (JPY) weak. Katayama confirmed that there are no plans to alter Japan’s currency swap lines with the US.Katayama also flagged a visible increase in speculative activity linked to oil prices and vowed decisive action on speculation, citing an existing agreement with the US as the basis. Katayama stressed continued close coordination with the US and global financial authorities across multiple forums.Market Reaction:Katayama’s comments represent a classic verbal intervention but do little to…
CAD/CHF recently busted through its descending trend channel, and it looks like bulls could use a retest to gather more energy for a reversal. Check out these inflection points! Source link
Trump says the Israel – Lebanon ceasefire will be extended by three weeks.Social media post. This article was written by Eamonn Sheridan at investinglive.com. Source link
Oil surged over 4% on Thursday as stalled US-Iran peace talks and Strait of Hormuz uncertainty rattled global markets, pushing equities lower while lifting the US dollar. Source link
ING’s Senior Economist Min Joo Kang highlights that South Korea’s Gross Domestic Product (GDP) jumped 1.7% QoQ in 1Q26 on strong chip exports and AI-related investment, prompting an upgrade of the 2026 GDP forecast to 2.8% YoY. However, ING expects growth to slow in 2Q26 as energy disruptions bite, while rising inflation expectations and “chipflation” increase pressure on the Bank of Korea to hike rates in 2H26.K shaped recovery complicates policy path”We expect strong chip momentum to continue, but also a slowdown in 2Q26 growth as energy disruptions affect activity across petrochemicals and other manufacturing sectors. The Korean government implemented…
The S&P 500 just hit a fresh record high. Futures had been down more than 50 points at one time but the S&P 500 is now up 5 points to 7143 and the Nasdaq is close to unchanged. In Europe, it’s been more of a struggle as oil prices stay elevated (Brent up $1.36 today to $103.28) A look at the daily closes showsGerman DAX (DEU40): -0.1% France’s CAC 40 (CAC40): +1.0% UK’s FTSE 100 (UKX): -0.1% Spain’s IBEX 35 (IBC): -0.65% Italy’s FTSE MIB (FTMIB): +0.4% This article was written by Adam Button at investinglive.com. Source link
Scotiabank strategists Shaun Osborne and Eric Theoret note the Pound (GBP) is marginally softer versus the US Dollar (USD) but outperforming most G10 currencies, supported by better‑than‑expected United Kingdom (UK) Purchasing Managers’ Index (PMI) data. Markets have raised Bank of England (BoE) hike expectations for June and September, though no move is seen at the upcoming meeting. Technically, GBP/USD shows modestly bullish momentum within a 1.3450–1.3550 range.BoE expectations rise as PMIs surprise”Fundamental releases were mixed with slightly greater than expected public borrowing and weaker CBI sentiment however the markets appear to be celebrating the better than expected preliminary PMI’s with…
FUNDAMENTAL OVERVIEWSilver has come under renewed pressure on Tuesday after the markets got a bit scared following Iran’s refusal to participate in the Islamabad talks due to the US blockade in the Strait of Hormuz. Most of the losses were then pared after Trump extended the ceasefire to allow more time for Iran to put forward a proposal to end the war but didn’t lift the blockade. There’s no deadline for this latest extension, so we might just get stuck in this new situation until the bombs start dropping again or they finally reach a deal. For now, the short-term…