Make the most of tax-free saving with a Flexible ISA

Flexible ISAs allow you to take more control over your savings and investments and cover any unforeseen expenses in life

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High earners fail to claim £1.3 billion in pension tax relief

Millions of pounds of pension tax relief are left unclaimed by higher-rate and additional-rate taxpayers every year. We explain how to make sure you claim all the tax relief you’re entitled to.

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UK home sellers cut £14,000 off their asking prices as the buyers’ market returns

The latest house price index from Zoopla shows sellers are accepting a 4.5% discount on asking prices to secure a sale as the property market cools down.

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Total value of homes across the UK hits record highs

House prices may be showing signs of falling, but yet the total value of homes across the UK hit a fresh record by the end of 2022

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3 stocks to buy in a high interest rate environment

We take a look at three stocks to buy in a high interest rate environment that should be able to navigate economic uncertainty.

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Are housebuilder stocks looking cheap for dividend yields?

Housebuilders look like cheap dividend stocks, but can investors trust them to deliver? We look at Taylor Wimpey, Persimmon and Barratt Developments.

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The 10 cheapest countries to travel to

Looking to get away but want to keep costs low? Check out these 10 holiday destinations which remain cheap despite rising inflation.

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Ofgem announces new price cap - what does it mean for you?

Ofegm has lowered its energy price cap by around £1,000 for April - will this mean lower energy bills are coming?

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GBPJPY Potential for bullish rise to previous swing high

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 to previous swing highTypeBullish BreakoutPreferenceLooking at the H4 chart, my overall bias for GBPJPY is bullish with the current price being above the Ichimoku cloud. To add confluence to this bias, price is along an ascending trendline.Looking for price to rise from the pivot to ride the bullish momentum towards the resistance where the overlap resistance is.It’s also worth noting that there is an intermediate resistance here, where price might struggle to break though.

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/gbpjpy-potential-for-bullish-rise-to-previous-swing-high1
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Now is the time to visit Nicaragua

The Central American country has much to tempt tourists

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FOMO Friday: Copper Falls 5%

Copper Comes A CropperAs the last full trading week of February comes to a close, we’ve seen several key developments with the January FOMC minutes, the first comments from incoming BOJ head Ueda and the G20 summit getting underway. Looking across markets, we haven’t been treated to as many big moves as we’ve seen in prior weeks. However, there has still been some noteworthy action and chatting with traders ahead of the weekend it seems the big move capturing most attention is the almost 5% reversal lower in Copper from the week’s highs. So, let’s take a look at what caused the move and, as ever, if you caught it? Well done! If not? There’s always next week!What Caused the Move?Hawkish Fed ExpectationsThe main driver behind the decline in copper from the initial highs of the week has been the uptick in hawkish Fed expectations. On the back of the recent run of hot US data we’ve seen, the market has become increasingly wary of the Fed adopting a more hawkish stance. Having pivoted away from larger hikes twice now, the recent increase in January inflation has spooked markets a little, raising the risks of the Fed stepping back up the pace of its tightening campaign.FOMC MinutesThis week, the FOMC minutes on Wednesday were seen bolstering this hawkish narrative. The minutes showed that several members were in support of a larger hike in January, ahead of getting the news that inflation had spiked again. These details in line with the jump in CPI have seen market pricing for a larger .5% hike in March rising from less than 10% to around 25%.Downside Risks for CopperAs a result of the resultant strength in USD and US yields, commodities prices have been hit sharply with copper in particular suffering. Today the market will receive a further piece of US data with the latest core PCE reading due. Should we see strength in this reading, copper prices are likely to fall further near-term with sharpened focus on the chances of a larger hike in March or a more hawkish outlook from the Fed.Technical ViewsCopperThe second attempt at breaking above the 4.1185 has seen the market failing and falling back below the level. With momentum studies turned bearish here, the focus is on a further push lower while under the level with 3.9410 the next support to watch. A break of this level will open the way for a deeper move towards 3.6745.

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/fomo-friday-copper-falls-5
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High energy prices are here to stay

The rising cost of producing energy means high oil and gas prices are here to stay argues Max King

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Market Spotlight: USDCAD Breaking Out Ahead of Core PCE

Yellen Says US Can Avoid Hard LandingUS stocks were seen climbing off the lows yesterday as comments from Treasury Secretary Janet Yellen helped boost sentiment. The former Fed chair was speaking on the side-lines of the G20 summit and told reporters that she believes the US has the potential to avoid a hard landing. Citing the strength of the US labour market and a stronger balance sheet than pre-GFC, Yellen said that the economy is in good shape and noted the declines in inflation as a further encouraging sign.Core PCE Up NextYellen’s comments come just ahead of today’s US core PCE data. The market will be closely watching the release, given that it Is used by the Fed as a primary gauge of inflation, more so than CPI. On the back of the uptick in January inflation, expectations are for a similar lift with analysts projecting a 0.4% from 0.3% monthly increase. Any result at this level or above should keep the current narrative of hawkish Fed expectations intact, driving USD higher.Where To Trade?With Canadian CPI seen undershooting forecasts last month, in stark contrast to the US, the BOC’s current “on hold” guidance looks solid. With divergence opening up once again between the Fed and the BOC, USDCAD looks vulnerable to further upside if today’s data comes in hot.Technical ViewsUSDCADThe rally in USDCAD off the recent lows has seen price breaking out above the bear trend line from last year’s highs and above the 1.3501 level. While above here the focus is on a further push higher towards the 1.3683 level, in line with bullish momentum studies readings. Above 13683, 1.3839 is the bigger target to play for.

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/market-spotlight-usdcad-breaking-out-ahead-of-core-pce
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Market Spotlight: JPY Falls As Ueda Says Rates to Stay Low

Rates to Stay LowThe Japanese Yen has come under pressure across the European open on Friday following seemingly dovish comments from incoming BOJ governor Ueda. Speaking at the Japanese Diet, Ueda told members of parliament that he felt the BOJ’s ultra-loose monetary policy is still appropriate for now and signalled that he is in no rush to raise rates. There has been a great deal of speculation regarding Ueda’s views on monetary policy and with these comments marking his first formal remarks, traders have gained some important clarity. The initial market reaction has seen the Nikkei rallying while JPY comes off.Uncertainty Ahead for JapanWhile Ueda suggested there was room for adjusting the bank’s yield curve control target, urging the BOJ to be creative with monetary policy, timing was still the key issue to be resolved, according to Ueda. In terms of the broader outlook for the economy, Ueda cited his view that the surge in inflation was a function of elevated import costs, not heightened demand, and warned that there is a great deal of uncertainty in the Japanese economic outlook.Continuity For NowFurther out, Ueda said that while it will likely take some time before trend inflation is sustainably at or above 2%, once there the BOJ consider normalising monetary policy. Notably, Ueda said that this would be achieved through hiking rates on deposits held at the bank by financial institutions rather than selling bonds. The key message for now is one of continuity with Ueda clearly not looking to rock the boat. With this in mind, JPY is likely to remain pressured while Japanese asset prices should remain supported.Technical ViewsUSDJPYThe rally off the lows in USDJPY has seen the market breaking out above the bear channel from last year’s highs and above the 132.91 level. While above here, the focus is on a continuation higher towards the 139.33 level, in line with bullish momentum studies readings. Retail market remains heavily short, encouraging a further push higher.

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/market-spotlight-jpy-falls-as-ueda-says-rates-to-stay-low
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