Fundamental Analysis - Tickmill Expert Blog - Forex Traders Blog

Eurozone & UK PMIs See Big Factory Sector Declines

Mixed Data Poses Questions For Economic OutlookThe latest set of UK and eurozone PMI readings released today offered mixed views over the economic outlook for both. Service sector readings for both...

The Crude Chronicles - Episode 179

Oil Traders Increase Longs – Price FallsThe latest CFTC COT institutional positioning report shows that oil traders increased their net long positions again last week. Total upside exposure rose from...

GBP Soaring On Hot UK Inflation

UK CPI Still Too HighOn the back of a higher-than-expected wage growth figure earlier this week, today’s UK CPI data has effectively confirmed a further .25% hike from the BOE next month. Headline CPI...

NY Empire State Manufacturing Index Surprises with Acceleration in April

The NY Empire State Manufacturing Index surprised with its acceleration in April, as the main index not only did not decrease as predicted by the forecast from -11.5 to -18.0 points, but even jumped...

Dollar Rises on Hawkish Comments from Fed Official, but Risk Assets Stay Resilient

The dollar went up on Friday thanks to hawkish comments from a Fed representative, Waller. The events and reports calendar for this week is not particularly noteworthy, so market participants are...

Precious Metals Monday 17-04-2023

Metals Correct As USD Demand ReturnsBoth gold and silver are starting the week just off recent highs following the correction lower we saw on Friday in response to fresh USD strength. The Dollar found...

Traders Brace For US Banking Sector Earnings - JPM Up First

JPM Earnings DueUS earnings season heats up today with JP Morgan, the biggest US bank by assets, due to report Q1 earnings. The bank’s earnings are always seen as a bellwether for the broader...

US Bond Yields Rise Despite Dovish Retail Sales Figures

The chances of the Federal Reserve keeping its policy unchanged in May have increased after the release of US production inflation data for March. Overall production inflation unexpectedly turned...

Positive market reaction to the CPI report may be short-lived and here's why

The labour market report for March left mixed feelings, as it did not confirm the slowdown in employment growth that seemed to be evident in a number of other reports (initial jobless claims, ISM in...