• Key Economic Events and Reports of the Upcoming Week

    Monday, October 21, 2019 – PBoC Interest Rate(CNY). Tuesday, October 22, 2019 – Core Retail Sales (MoM) (Aug)(CAD), Existing Home Sales (Sep)(USD). Wednesday, October 23, 2019 – Crude Oil Inventories(Oil). Thursday, October 24, 2019 – German Manufacturing PMI (Oct)(EUR), ECB Interest Rate Decision (Oct)(EUR), Core Durable Goods Orders (MoM) (Sep)(USD), New Home Sales (Sep)(USD). Friday, […]

  • Markets are Skeptical about QE but Draghi is Adamant about the September move

    The new ECB’s stimulus package will not significantly help bring inflation back to target, economists surveyed by Reuters said, adding that the risk of recession in the eurozone has increased over the next two years. According to the September meeting, the ECB announced the resumption of asset-purchases for an indefinite period and took the deposit […]

  • The “Smart way” to Calculate GDP in China Could Hype the Real Growth Rate

    The “Official” pace of economic expansion in China in 3Q once again fell short of expectations, dropping to its lowest level in 30 years. Growth equaled the lower limit of the range set by the government at 6.0 – 6.5%. In order to maintain the growth rate in 4Q in the target range the government […]

  • Interview with a Tickmill Expert: Head of Global Business Development.

    At Tickmill, transparency is paramount. So, we’re inviting our traders in to find out more about the functioning of our brokerage, to meet out heads of department, and get to know Tickmill just that bit better! In this three part series we’ll give you an inside look into the Business Development, Partners and Marketing department […]

  • The Friday Forex Takeaway – Episode 5

    Key points This week As with last week, the standout performer over the week has been the British Pound which has seen strong gains on increased optimism over a potential Brexit deal. The Japanese Yen has been the weakest currency of the G10 bloc this week as better risk appetite has seen a lack of […]

  • Chart of The Day: Bearish EURCHF

    Chart of The Day: Bearish EURCHF EUR: Flows have been more Euro supportive of late, with the single currency getting a lot of that prop from some broad based profit taking on US Dollar longs. The Euro has also been supported on ECB Guindos comments that the risk for a Euro area recession is very […]

  • Traders Nervous Ahead of Parliament Brexit Vote

    EU Backs PM’s Deal Three years and two Prime Ministers after the UK electorate narrowly voted in favour of leaving the European Union, the UK government is now on the verge of finally agreeing a Brexit deal. The Brexit deal offered to the EU by Boris Johnson this week was officially approved by EU leaders […]

  • Daily Market Outlook, October 18, 2019 

    Daily Market Outlook, October 18, 2019  Main Market Themes Daily Market Outlook: stocks rebounded overnight on upbeat corporate earnings, positive US-China trade news and EU’s approval of Boris Johnson’s Brexit deal which overshadowed weaker US economic data. Key indexes gained by 0.1% to 0.4%, as China maintained that it would increase its purchase of US […]

  • Daily Commodity Currencies: 18 Oct, Friday

    USDCHF Technical Analysis:   NZDUSD Technical Analysis: USDCAD Technical Analysis: USDNOK Technical Analysis:

  • Pound Jumps on UK-EU Brexit Deal

    Taking to Twitter this morning, in a move which echoes that of Trump, the UK PM wrote “We’ve got a great new deal that takes back control — now Parliament should get Brexit done on Saturday so we can move on to other priorities like the cost of living, the NHS, violent crime and our […]

  • The Crude Chronicles – Episode 9

    Trade Deal Delay Bearish for WTI Benchmark WTI prices have been broadly lower over the week as concerns for the global economy have once again weighed on the outlook for oil demand. The week commenced with a note of uncertainty over US-Sino trade relations. Late last week, On the back of two days of meetings […]

  • Trade of the Day Buy NZDCAD

    Trade of the Day Buy NZDCAD SELL NZDCAD .8350 stop .8280 target .8550 (Risk 0.50%, valid to 5PM EST ) NZD: The NZD got a boost from NZ CPI yesterday, but subsequent comments from RBNZ Deputy Governor Bascand, that OCR cuts were a “reasonable prospect”, has seen the NZD underperform over the past 24 hours. […]

  • Daily Market Outlook, October 17, 2019 

    Daily Market Outlook, October 17, 2019  Main Market Themes US stocks finished lower overnight as poor retail sales data and renewed concerns over US-China relations overshadowed upbeat corporate earnings. Major indexes slipped around 0.1-0.3% after official data reported that retail sales contracted tor the first time in seven months.  The House of Representatives passed a […]

  • Daily Commodity Currencies: 17 Oct, Thursday

    USDCHF Technical Analysis:   NZDUSD Technical Analysis:   USDCAD Technical Analysis: USDNOK Technical Analysis:      

  • Trade of the Week & Trade of the Day Tally

    Trade of the Week & Trade of the Day Tally As we have completed the first month of our Trade of the Week & Trade of the Day calls, for the sake of consistency and transparency, we want to take a check on how the trades have performed. As it isn’t possible to give real […]