Tag: tickmill
UK Inflation Falls Again Good news today for UK consumers, and also the BOE, with the latest UK economic data reflecting a third consecutive monthly decline in consumer prices. Annualised inflation printed at 10.1% last month, down from the prior month’s 10.5% and now down a full 1% from the peak inflation reading of 11.1% […]
Kape Higher on Monday Shares in Kape Technologies are trading sharply today as the stock gapped higher at the London open on news of a takeover bid. Majority shareholder Unikmind Holdings has reportedly offered $1.51 billion to purchase all remaining shares in the company ($3.44 per share). Unikmind, owned by Teddy Sagi, is unable to […]
Airbnb Reporting Today Along with January US CPI we also have two big US earnings reports due today with Coca Cola and Airbnb reporting Q4 results. Looking at the latter, shareholders are hoping for a seventh consecutive positive set of earnings results. Given that the market is looking for both EPS and revenues to have […]
GBP Weakening GBP looks to be under pressure at the start of the week following on from the selling we saw last week. Despite the NIESR reporting that it no longer expects the UK to suffer a recession this year, the economy (seen flat in Q4) is still reeling from the ongoing political uncertainty and […]
US Inflation in Focus Today Today’s US inflation reading couldn’t have more meaning attached to it. We’ve seen a seismic shift in market sentiment on the back of the surprisingly strong US labour reports for January. With the NFP coming in almost 300% above forecasts alongside the unemployment rate dropping to its lowest levels since […]
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 level of 2% will be not so predictable. It was naive to think that after the 500K jobs added in January, considering the relationship […]
Equities Firmer Ahead of US CPI Global equities benchmarks have seen a mostly positive start to the week ahead of today’s headline US inflation data. Markets came under pressure at the open yesterday as traders reacted to forecasts of an increase in monthly inflation, projected at 0.5% from -0.1% prior. However, annual inflation forecast to […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleGBPJPY Potential for bullish rise towards overlap resistance TypeBullish Bounce Preference:Looking at the H4 chart, my overall bias for GBPJPY is bullish due to the current price being above the Ichimoku cloud, […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleCHFJPY Potential for bullish rise towards overlap resistance TypeBullish Bounce Preference:Looking at the H4 chart, my overall bias for CHFJPY is bullish due to the current price being above the Ichimoku cloud, […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleNZDUSD, H4 | Potential for Bearish Drop to recent swing low TypeBearish Reversal Preference:Looking at the H4 chart, my overall bias is bearish as there is a key resistance level. Looking for […]