Market Analysis - Tickmill Expert Blog - Forex Traders Blog

Market Spotlight: BOC Announces Largest Rate Hike in 24 Years

BOC Raises Rates 1%The Bankof Canada took markets by surprise yesterday, announcing a full percentagepoint increase in interest rates. Taking its headline cash rate from 1.5% to2.5%, the BOC surpassed...

Market Spotlight: Two-Way Bitcoin Risks Into Today's US CPI

US CPI Up NextToday’s US inflation print is drawing a huge amount of market attention. With hawkish expectations well anchored ahead of the upcoming July FOMC meeting traders are looking to today’s...

Market Spotlight: Trading EURCAD Around Today's BOC Meeting

BOC Up NextThe Bank of Canada July rates meeting will be the main focus for traders today. On the back of the RBNZ hiking rates overnight, the BOC is widely expected to hike rates also, with the...

Market Spotlight: China Casino Stocks Crash on Macau Lockdown News

COVID Backlash in ChinaShares in Sands China Ltd, the leading developer and owner of integrated resorts and casinos in Macau are in freefall today. The drop in the stock’s price comes in response to...

Market Spotlight: EURUSD Sinks Following Hawkish ECB Minutes

Hawkish ECB Minutes Fuel Growth ConcernsYesterday’s ECB meeting minutes clearly highlighted the extent to which the bank has turned hawkish. The minute showed the bank focusing on inflation concerns...

Market Spotlight: Trading Today's NFP Release

NFP In FocusToday’sUS labour data will be in sharp focus as traders brace for the upcoming JulyFOMC meeting. With the FOMC minutes this week confirming the Fed’s plans topush ahead with aggressive...

Market Spotlight: GBP Rallies on Johnson Exit News

UK PM Exiting OfficePerhaps the final insult for disgraced, and soon to be former, UK PM Boris Johnson, is the reaction we’re seeing in FX markets to news of his resignation. On the back of a sudden...

Market Spotlight: USD Cools Following FOMC Minutes

Fed To Slow After Summer?The June FOMC minutes released yesterday gave some vital clues as to the Fed’s likely plans over coming months. There was a great deal of discussion around upside inflation...

Market Spotlight: Amazon Shares Rebounding

Amazon Shares ReboundingAmazon shares are turning higher today with the company’s stock price once again attempting to break out above the bear channel from YTD highs. The move comes amidst news that...