NFPs Beat ForecastsThe US Dollar has managed to avoid a more aggressive sell-off as we head into the weekend. Following softness ahead of the data, USD rallied yesterday as the June US labour market...
Copper Falls As Trade Fears Return
Firmer USD Hurts CopperFollowing a strong upside move on Wednesday, copper prices are falling back ahead of the weekend with the futures market now down around 2% from the week’s highs. Price had...
Crude Rally Stalls As OPEC+ Expectations Weigh
US Economic FearsCrude prices are pulling back today with the futures market in the red as yesterday gains start to reverse. Price had spiked higher initially yesterday amidst a broad pickup in risk...
Gold Rallying Over Trump Spending Bill Concerns
Gold Support HoldingGold prices remain bid mid-week with the futures market up firmly of the 3,254.65 level. A weaker US Dollar and ongoing uncertainty around global geopolitical issues has seen...
Gold Higher As USD Breaks Down
Gold Higher on US Fiscal UncertaintyGold prices continue to rebound sharply today, helped by a weaker US Dollar, with the futures market now up almost 3% off initial weekly lows yesterday. The rally...
Will US Jobs Data Drive USD Lower This Week?
Dollar Weak on MondayThe US Dollar is starting the week in languid fashion with the DXY holding just above the YTD lows on Monday. Optimism over the US trade agenda has seen market focus turning back...
Perfect Storm for Copper Bulls
Copper Inventories PlungingCopper prices are soaring on Thursday, bolstered by a broad improvement in risk sentiment, a weaker US Dollar and falling global copper inventories. News of Trump’s...
Oil Sold As Ceasefire Holds
Oil Remains Down MidweekOil prices remain firmly lower through the middle of the week with crude futures sitting down 16% off the week’s highs. Prices had already begun unwinding the initial spike...
Downside Dollar Risks Ahead of Powell Testimony
USD Testing LowsThe US Dollar is under heavy selling pressure today on the back of news of a US-brokered ceasefire between Iran and Israel. While there are conflicting reports around the timeline of...
Cookie Policy: The Tickmill website uses cookies. By continuing browsing the page you automatically agree to our use of cookies. For more information on our cookie usage, on how to change cookies and their settings see our Cookies Policy.