Loading...

Fundamental Analysis

GBP Rallying On Solid UK Labour Data - Bailey Up Next
GBP Rallying On Solid UK Labour Data - Bailey Up Next

Unemployment DropsGBP is rallying today on the back of the latest set of UK labour market figures. The unemployment rate was seen falling to 3.8% from 3.9%, in contrast to expectations for a 4%...

Markets Increasingly Bet on the End of the Fed Tightening Cycle
Markets Increasingly Bet on the End of the Fed Tightening Cycle

The dollar correction is in full swing as sellers explore new June lows, and this was largely influenced by the moderately positive CPI report for May:The core inflation retreated from 5.5% to 5.3%,...

Nasdaq Soaring Ahead of US CPI
Nasdaq Soaring Ahead of US CPI

CPI On WatchUS stocks are soaring today as traders look to the upcoming US CPI print to confirm a Fed pause this week. Headline CPI is projected to print at 4.1% YoY, down from 4.9% prior. Looking at...

How Will US CPI Impact Gold This Week?
How Will US CPI Impact Gold This Week?

FOMC In ViewThe US Dollar is having a quieter start to the week as traders prepare for the June FOMC meeting on Wednesday.  Market expectations are generally built around the Fed pausing rates at this...

GBP Rallying As UK Sentiment Shifts
GBP Rallying As UK Sentiment Shifts

GDP Outlook ImprovingGBPUSD is trading back up towards the YTD highs today, extending gains seen across the back of last week, as sentiment towards the UK currency turns more favourable. The latest...

Dovish BOJ Comments Ahead of Friday Meeting
Dovish BOJ Comments Ahead of Friday Meeting

BOJ In Focus this WeekBank of Japan watchers and JPY traders are gearing up for the first BOJ rates meeting since new BOC chief Ueda ordered a review of monetary policy. The move taken at the last...

tickmill logo
Chinese Banks Slash Rates As PBoC Easing Expectations Build

Deposit Rates SlashedIn the latest sign that the Chinese economy is struggling, its six state-owned commercial lenders have been required to cut deposit rates once again. Yuan-denominated deposit...

China’s prospects of a “lost decade” leads to capital outflows from local stock market
China’s prospects of a “lost decade” leads to capital outflows from local stock market

According to the Atlantic Council, foreign investors have been selling Chinese stocks in large numbers over the past two years, disappointed by the strengthening influence of Xi Jinping and the...

Markets Struggle to Pin Down a Turning Point in US Expansion
Markets Struggle to Pin Down a Turning Point in US Expansion

The dollar hit a corrective low yesterday following the release of US labor market data:The US Dollar Index (DXY) fell below the 104.40 level, marking a low point in the retracement since the...