• 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 […]

  • 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 […]

  • 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. […]

  • 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, […]

  • 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.

  • AUD Rally Dragging GBPAUD Lower

    GBPAUD Under Pressure Despite an impressive rally at the start of the year, the COVID-19 crisis has seen a devastating reversal in GBPAUD which has now fallen 14.26% from 2020 highs and is now -4.64% on the year. The main driver behind the stark reversal in GBPAUD is the firm performance in AUD over recent […]

  • USDCHF Falls Amidst Bearish Fed Comments

    Fed’s Daly Warns of “Bumpier” Recovery Comments from some members of the Fed this week have stoked expectations of further easing from the US central bank as it continues to battle the negative economic impact of COVID-19. San Francisco Fed president Mary Daly warned on Tuesday that the loss of employment in areas such as […]

  • Big Surprise from ISM Data Stokes Inflation Concerns in the US

    European markets trimmed Monday gains, USD recovered some lost ground after yesterday sell-off as the uncertainty remains high associated with the partial reinstation of lockdown in the United States.

  • USDCNH Falls As US/China Tensions Rise

    Fresh Sanctions Coming? Tensions between the US and China are at risk of boiling over once again this week as President Trump reportedly prepares to announce fresh sanctions against China. Speaking with reporters this week, White House chief of staff Mark Meadows said: “We’ve got a number of executive orders. We’re looking at how we […]

  • The IndeX Files 07-07-2020

    Investors Shrugging Off Virus Concerns Global equities benchmarks started the week in a positive manner with most indices rallying on Monday. However, gains have proved short lived and sentiment has soured somewhat on Tuesday as emerging risk factors temper bullish momentum. The chief concern among investors currently is that of a potential second wave of […]