• Key economic events for the week ahead

    Monday, July 6, 2020 – Construction PMI (Jun)(GBP), ISM Non-Manufacturing PMI (Jun)(USD).

  • US Senate Approves Another Hong Kong Related Bill, Sparking Concerns About US-China Relations

    The US Senate unanimously approved a bill on Thursday on sanctions against banks doing business with Chinese officials who are introducing Beijing’s new tough national security law in Hong Kong.

  • Trump Praises June Jobs Data, Tries To Downplay Second Wave

    June NFPs Highest on Record The latest US jobs report, released a day early yesterday ahead of the holiday weekend in America, marked yet a further, dramatic recovery in employment last month. The headline June NFPs marked a bumper growth of 4.8 million jobs last month. This increase, which is the largest monthly jobs gain […]

  • Chart of the Day EURJPY

    Chart of the Day EURJPY EURJPY  Potential Reversal Zone – Probable Price Path Another blockbuster US labour market report with nonfarm payrolls adding 4.8 million jobs in June and the unemployment rate falling by 2.2% points to 11.1%. The June improvement was led by leisure, hospitality and retail, and followed an upwardly revised 2.7 million […]

  • June NFP report: Returning Workers Back is one Thing, it’s Another Thing to Keep Them

    So yesterday we saw another big surprise in the US macro data: June Payrolls jumped 4.8M (3.2M exp), unemployment fell to 11.1%.

  • The Friday Forex Takeaway – Episode 41

    Key Points from This Week Lockdown Measures Reintroduced in Places Fears of an emerging second wave of the COVID-19 virus have seen the return of lockdown measures in some areas around the world. The governor of California this week ordered the closure of bars and restaurants in 19 counties there while Texas has halted plans […]

  • Daily Commodity Outlook, July 3 2020

    Asian stocks began Friday by following Wall Street modestly higher after a better-than-expected U.S. jobs report overshadowed concerns that new coronavirus hotspots could disrupt the economic recovery. The market is still risk-on as the stock market keeps going higher. But today is the U.S. holiday, we might see a thin volume in both stock and […]

  • Daily Market Outlook, July 03, 2020 

    Daily Market Outlook, July 03, 2020  Risk tone was positive in the Asian market after US equity markets closed higher, including a new record for the Nasdaq, although futures markets point to a slightly weaker open in Europe. Yesterday’s US June nonfarm payrolls beat expectations, rising by 4.8mln. Overnight, Chinese services PMI increased to 58.5 […]

  • Tickmill’s Investing Diva, USDJPY Daily Outlook 03-07-20

    Catch up on all the latest updates on global markets by following Tickmill’s Investing Diva Daily Market Outlook.

  • How Long will the Fed Keep Interest Rates low?

    The minutes of the Fed meeting in June showed that officials want to give more certainty to investors about the path of interest rates.

  • China Warns UK Over Hong Kong Visa Offer

    First National Security Arrests Made China’s new, highly controversial, National Security Law came into effect in Hong Kong this week. The law, which received a great amount of criticism from the national community, marks the first time that Chinese law has been written into the Hong Kong penal code and has essentially given China the […]

  • USD/RUB: Potential Drop Ahead?

    Today we review the potential future of Russian ruble, British pound, and Swiss franc.

  • Chart of The Day GBPAUD

    Chart of the Day GBPAUD GBPAUD  Potential Reversal Zone – Probable Price Path The third quarter has kicked off on a positive note for risk appetite, with modest gains in European and US equity markets, higher global rates and the risk FX  pushing higher against a backdrop of a soft USD and other safe-haven currencies. […]

  • The Crude Chronicles – Episode 45

    Oil Demand Outlook Improving The CFTC COT positioning report shows that institutional traders increased their net long positions in WTI last week by 14,611 contracts. This latest round of buying brought the total position up to 560,883 positions and reflects the better sentiment seen in oil markets recently as the easing of lockdown measures lifts […]

  • Daily Commodity Outlook, July 2 2020

    Asian stocks saw modest gains on Thursday after S&P 500 rose for the third day and the Nasdaq Composite jumped to a record on Wednesday night. Pfizer and German biotechnology company BioNTech said they had developed a Covid-19 vaccine whose first trial showed it was safe, which has brought back the risk-on sentiment to the […]