• Car sales in China Jump Higher Thanks to Stronger Domestic Demand for Commercial Vehicles

    Car sales in China in June rose 11.6% year-on-year to 2.3 million units, according to China Automobile Manufacturers Association (CAAM).

  • US Labor Market on Steroids – How long will that last?

    Market bears decided to find a pressing point of stock buyers before the weekend amid a release of worrying US employment data.

  • BOJ Cuts Outlook On All Regional Economies For A Second Quarter

    Record Downgrade As part of the Bank of Japan’s quarterly Sakura report this week, the bank downgraded its view of all nine of the country’s regional economies for a second consecutive quarter. This marks the first instance of such a decision in over 11 years and highlights the severity of the negative impact the COVID-19 […]

  • Chart of the Day AUDJPY

    Chart of the Day AUDJPY AUDJPY Potential Reversal Zone – Probable Price Path Asian stock markets were negative following a lacklustre performance across global peers amid lingering coronavirus concerns and as US-China tensions were stoked by several escalatory reports such as the US enacting sanctions on 4 Chinese individuals for human rights abuses including the […]

  • The Friday Forex Takeaway – Episode 42

    Key Points from This Week RBA Holds Rates Steady The RBA opted to keep rates on hold this week at its July meeting and struck a broadly optimistic tone. The bank cited a firm rebound in domestic activity and better global financial conditions, despite noting a great deal of uncertainty in the outlook. Parts of […]

  • Daily Market Outlook, July 10, 2020 

    Daily Market Outlook, July 10, 2020  Market sentiment has turned more risk averse heading into the weekend. Asian equity markets are generally down today following declines yesterday in Europe and the US. In particular Chinese stocks, which have surged of late, recorded their first fall in nine days. Concerns about a continuing rise in Covid-19 […]

  • Tickmill’s Investing Diva, CADJPY Daily Outlook 10-07-20

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

  • USD Index: Focus on Signals from the Fed and Congress

    Exports and imports of Germany, the biggest economy of the EU, indicated an improvement in May compared with April.

  • Trump Campaign Rally Linked to Tulsa COVID-19 Spike

    Trump has been at the centre of further controversy this week over claims that his recent campaign rally in Tulsa “likely contributed”  to a fresh outbreak of COVID-19 there. The Tulsa City-County Health Department said that the event, held on June 20th, “more than likely” translated into the spike in cases seen over recent weeks. […]

  • Chart of the Day EURJPY

    Chart of the Day EURJPY EURJPY Potential Reversal Zone – Probable Price Path U.S. stocks remain supported for now, supporting the performance of a variety of risk currencies. The US dollar index closed down 0.5% to a low of 96.9 in the past month, and the 10-year US Treasury yield closed up more than 2 […]

  • Daily Commodity Outlook, July 9 2020

    Asian stocks went higher on Thursday as investors continued to embrace the global rally. Chinese stocks went higher to extend an eight-day winning streak. S&P 500 futures were flat after the gauge climbed to a one-month high on Wednesday night. USD dropped amid the global equity rally as investors have a firm belief in the […]

  • The Crude Chronicles – Episode 46

    WTI Longs Reduced Amidst Second Wave Fears The CFTC COT institutional positioning report showed that traders reduced their net long positions in WTI by 17,057 contracts last week, taking the total position to 543,826 contracts. This adjustment, which marks some of the largest selling since the peak of the oil slide earlier in the year, […]

  • Daily Market Outlook, July 09, 2020 

    Daily Market Outlook, July 09, 2020  Another record closing high in the Nasdaq, spurred on by technology stocks, followed through to stronger equities in Asia. The futures market points to a firmer open in Europe. Markets seemed to shrug off ongoing concerns about rising Covid-19 cases and deaths in the US, while the Fed’s Bostic […]

  • Tickmill’s Investing Diva, AUDUSD Daily Outlook 09-07-20

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

  • Fed’s Bostic hints next leg of sharp M2 expansion may be around the corner, Gold breaks $1800

    Gold futures climbed above $1800 level after one of the architects of the Fed’s current monetary stance, Rafael Bostik, made a less optimistic assessment of the US economic recovery than Fed Chairman Powell.