Fundamental Analysis - Tickmill Expert Blog - Forex Traders Blog

Upside surprise in US CPI paves the way for more rate hikes from the Fed

The January US CPI report was yet another signal that the US economic expansion could experience a surprising reacceleration in January and that the path of consumer inflation towards the target...

Precious Metals Monday 13-02-2023

Metals Traders Brace for US CPI A quiet start for the metals complex on Monday. On the back of the recent selling we’ve seen, this isn’t necessarily a bad thing. Bumper US jobs data looks to have put...

Discount Rate is Again the Key Factor that Keeps US Equities Under Pressure and Dollar Bid

Shares of the Asia-Pacific region were trading mostly in the red today, taking over the bearish baton from the American session on Thursday. The US Dollar Index (DXY) rose to 103 amid a decline in...

FOMO Friday: S&P Flies Too Close To the Sun

S&P Slips From HighsIt’s fair to say that it’s been a relatively quiet week across markets. We’ve seen decent volatility, just little in the way of clear directional moves. Much of what has gone...

Russian crude oil cuts underpin oil prices

Oil prices rebounded on Friday to the highest level in 10 days on reports that Russia is going to voluntarily cut crude oil output. The news increased anxiety about potential market deficit especially...

Fed speakers maintain hawkish rhetoric capping USD downside

Newly minted dollar bulls after the NFP report did not hear anything encouraging from Powell on Tuesday, but other Fed representatives tried to meet market’s request for hawkish comments. Four Fed...

The Crude Chronicles - Episode 170

Crude Still Caught in RangeIt’s been a much better week for crude bulls with crude futures rallying around 9% off initial lows on the week. These moves will no doubt be cheered by bulls on the back of...

Fed caps dollar growth steering clear from a hawkish surprise

Jay Powell chose not to rock the markets yesterday, acknowledging that stronger economic data could lengthen the tightening cycle, while also saying that 2023 will be "a year of slowing...

FTSE Breaks Out To Record Highs On Shifting UK Outlook

FTSE Shrugs Off BOE Rate HikeDespite the Bank of England recently hiking UK rates to their highest level in 14 years, the FTSE has today hit a new all-time high. The index had been higher on the back...