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Spread of trade wars; Dovish monetary policy; Dollar offsetting influences - DailyFX Key Themes

Don’t Forget Trade Wars Aren’t Isolated to US-China Trade wars remain my greatest concern for the health of the global markets and economy. There have been threats in the past where a localized fundamental virus has turned contagious to the rest of the world by unforeseen circumstances – such as the Great Financial Crisis whereby a US subprime housing derivative implosion infected the wider financial markets by destabilized a foundation built on excess leverage throughout the system. When i

JohnDFX

JohnDFX

Lacklustre Lunar New Year - EMEA Brief 11 Feb

Chinese markets were mixed during the Monday session after being offline for much of last week due to the Lunar New Year holiday. The Shanghai composite gained 0.8% whilst the Hang Send index rose 0.23%. However following Samsung electronic decline of 0.67% the Kospi remained slightly lower after promising recovery from earlier losses.  Oil prices fell over 1% despite refinery fire in Illinois which resulted in shutdown of large crude distillation unit. International Brent Crude futures d

MichaelaIG

MichaelaIG

Facets of the global growth story - APAC brief 11 Feb

Not with a bang, but with a whimper? Without all the fire and fury that we saw in December, markets are pricing in once again a slow down in global economic growth. It could be strongly argued this is evidence of how important US Fed support is to equity market strength – but that’s a drum to beaten (over-and-over-again) for another day. Fundamentally, traders are quietly re-pricing for a world where economic growth will be weaker than once thought. Such behaviour has been long evident in Chines

MaxIG

MaxIG

Dividend Adjustments 11 Feb - 18 Feb

Expected index adjustments  Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 11 Feb 2019. If you have any queries or questions on this please let us know in the comments section below. For further information regarding dividend adjustments, and how they affect  your positions, please take a look at the video.  NB: All dividend adjustments are forecasts and therefore speculative. A dividend adjustment is a cash neutral ad

MaxIG

MaxIG

UK economy; could this be the worst year since the financial crisis? - EMEA Brief 08 Feb

Bank of England believes the UK economy is set for the worst year since the financial crisis, as its growth forecasts for 2019 decline from 1.7 percent to 1.2 percent due to a slow economy and Brexit doubt Trump to sign order to ban Chinese telecommunication equipment from US wireless networks May travels to Dublin to discuss Brexit negotiations as she believes a deal could be agreed with Parliament if binding changes can be made to the backstop Asian stocks decline after co

Guest KatherineIG

Guest KatherineIG

Brexit is a hell of a ride - EMEA Brief 07 Feb

Theresa May is set to meet with European leaders today to have crucial talks about amending her Brexit proposal with all of the focus on the Irish backstop. She flies to Brussels a day after European Council president Donald Tusk faced backlash after he claimed there is 'a special place in hell for Brexiteers'. The Bank of England is set to announce its rate decision today at noon, with forecasts expecting rates to be unchanged until some of the Brexit uncertainty has passed. US in

Guest DanielaIG

Guest DanielaIG

ASX overbought; but clear-air ahead APAC brief 7 Feb

ASX overbought; but clear-air ahead: The ASX200 ought to add another 22 points this morning, according to SPI futures. There is a lot of enthusiasm about Aussie stocks presently – something surely attractive for the contrarians who like to run counter to prevailing market sentiment. It’s been said so much that it’s become facile: a pull-back must come soon to test the strength of the market’s recovery. Of course, it is a matter of when this eventuates – timing is always the toughest thing to pre

MaxIG

MaxIG

Beauty and the Beast; Disney beat earnings whilst Snap posts 4 cents per share loss - EMEA Brief 06 Feb

Despite announcing a loss of 4 cents per share Snap shares soared in after-hours trading as the social media giant beat analysts expectations, the general consensus was that the company would report a net loss of 8 cents per share in Q4.  Disney also beat expectations aided by the launch of its streaming service ESPN+ and sales increases in its theme park businesses, earning per share came in at $1.84 vs $1.55 expected. The Dow rose by 172 points, followed by a 0.47% increase in th

GeorgeIG

GeorgeIG

The bulls keep control - APAC brief 6 Feb

The bulls keep control: SPI futures are indicating that the ASX200 will climb another 20 points at the open, adding to yesterday’s bank-led 1.95 per cent rally. Another solid day on Wall Street can also be pointed-to for the market’s start in the green, with US shares continuing their run-higher. Quietness in Asia courtesy of the Chinese New Year holiday has kept some negative headlines way, aiding the bullishness. Global bond markets are steady, gold is off its highs, and credit spreads keep na

MaxIG

MaxIG

A to Z: Alphabet Falls Over Rising Costs - EMEA Brief 05 Feb

Alphabet, Google's parent company, saw its share prices fall over 3% in extended trading on the back of continuing pressure on advertising prices and decreasing margins - adding to the concern over the company's periodic surges in spending. This comes despite the company beat expectations across the board in its Q4 results.  Theresa May will travel to Ireland today to try to ease concerns over a hard border situation in Ireland upon Brexit. Meanwhile, UK Steel has warned that a no-deal Br

Guest JoeIG

Guest JoeIG

US government shutdown ends; Brexit Plan B vote; heavy data week - DailyFX Key Themes

With the Fed’s Language, Global Central Banks Signal Softening Policy Global monetary policy has shifted more noticeably to the dovish extreme of the scale over the past months, but investors were overlooking this questionable support because the markets were under serious duress. Yet, after the three-month tumble leveled out into a meaningful recovery into January, market participants began to look for fundamental reasoning to justify their growing confidence for their exposure. With the F

JohnDFX

JohnDFX

Global markets - APAC brief 5 Feb

Global markets relatively still: Wedged between the beginning of Chinese New Year and Superbowl Sunday in the US, financial markets, on a global scale, have been a relatively quiet place in the past 24-hours. The excitement, anxiety and anticipation that has catalysed movement and activity in global markets lately was noticeably absent. Last week was a hard act to follow, what with the Fed, US corporate earnings, trade-war negotiations, Brexit, and a litany of fundamental data to keep traders oc

MaxIG

MaxIG

Markets prepare for the Lunar New Year - EMEA Brief 04 Feb

Asian equities are modestly up as investors price in strong US job report and president Trump’s optimism on trade talks. The top performer was Japan’s Topix index which was up 1% at 3:32 GMT, following a weaker Yen. Major markets across Asia will close for part or all of the week as the region heads into Lunar New Year holidays. India NSE Nifty 50 is down 0.5% as of 5:15 GMT as investors evaluate the populist push in the government’s last federal budget. India is set to cut taxes to middl

Guest IG-Andi

Guest IG-Andi

Dividend Adjustments 4 Feb - 11 Feb

Expected index adjustments  Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 4 Feb 2019. If you have any queries or questions on this please let us know in the comments section below. For further information regarding dividend adjustments, and how they affect  your positions, please take a look at the video.  NB: All dividend adjustments are forecasts and therefore speculative. A dividend adjustment is a cash neutral adj

MaxIG

MaxIG

US economy still leads the pack - APAC brief 4 Feb

US economy still leads the pack: The bounce in global equity markets has been uniform, but the economic data is pointing to a return of the “diverging global growth” narrative. It was what dominated the latter half of 2018: the US is humming, while the rest of the world economy languishes. The difference in economic fortunes isn’t quite so stark now, however it remains conspicuously extant. It becomes a matter of how long such a dynamic can last. Frankly, market participants had resigned themsel

MaxIG

MaxIG

When it rains, it pours; Amazon shares decline - EMEA Brief 01 Feb

Amazon announced a rise in investments, causing shares to fall over 5 percent , however beats earnings per share expectations and revenue, reporting $6.04 per share in comparison to an estimate of $5.68 per share and a revenue of $72.4billion versus %71.9billion. Caxin Manufacturing PMI falls below expectations to 48.3 in January in comparison to 49.7 in December, its lowest reading since 2016 Stocks in Asia mostly traded higher, with the Shanghai Composite increasing around 1.3 pe

Guest KatherineIG

Guest KatherineIG

Lunar New Year market hours

Dear IG community,  There will be some changes to some of our Asian markets over the upcoming Lunar New Year, starting Monday 4 Feb. We will continue to make out of hours index prices throughout any breaks (excluding Taiwan and Malaysia). See the table below for the relevant information.

MaxIG

MaxIG

Fed sparks bullish sentiment - APAC brief 1 Feb

Fed sparks bullish sentiment: Traders were bullish overnight, but as far global equities go, the ultimate results were mixed. Activity has been very high, that’s irrefutable. Volumes flowing into stocks have been much higher than average, no matter where you look. Fundamentally, the Fed has lit a fire under markets, and traders are repositioning to adjust to a new set of circumstances. The fundamentals have shifted in quite a meaningful way. It’s the notion that the Fed will maintain monetary po

MaxIG

MaxIG

Facebook Earnings "LIKED" by Shareholders - EMEA Brief 31 Jan

Facebook shares soared 12% after Earnings report of $2.38 per share crushed $2.19 expectation. Facebook's revenue forecast of $16.39 billion was also outdone coming it at a reported $16.91 billion Tesla shares fell 5% in after hours trading after disappointing earnings report of $1.93  per share. This came after a 3.8% share rise in the regular session pre-results. Microsoft also saw underwhelming results report. Despite beating earnings expectation of $1.09 by 1 cent per share, Mi

MichaelaIG

MichaelaIG

#IGEMChat - an Emerging Markets live broadcast - submit your questions

Who has an interest in Emerging Markets? How would you like the opportunity to have direct access to a panel who will be able to answer your questions directly? You can be part of the latest IG chat by leaving your EM question on social media using the #IGEMchat hashtag, or by simply leaving a comment on this blog post. Even if you don't have an account with IG you can leave your comments below! The live broadcast will be available within the dealing platform, or on this page, on Wednesday the 6

JamesIG

JamesIG

Brexit Amendments and Apple Earnings - EMEA Brief 30 Jan

MP’s have voted to remove the Irish backstop and remove the possibility of a No-Deal Brexit in the latest round of Commons voting.  Venezuela’s Maduro is reported to have said he is ready to talk to the opposition. This could hopefully stop the escalation of unrest in Venezuela which yesterday saw defectors calling on the Trump administration to arm them against Maduro, labelling him a dictator. The FTSE gained 1.75% yesterday whilst the Dow gained 0.8% Meanwhile the Hang Se

Guest IGAaronC

Guest IGAaronC

UK MPs hold their own 'Super Tuesday' - EMEA Brief 29 Jan

As MPs prepare to vote on amendments to the Brexit Plan, Theresa May has set the 13th of Feb as the date to hold a second round of voting on her Brexit deal. Apple is set to release its Q4 earnings after market close today. According to Zacks Investment Research, the EPS is expected to be $4.17, an increase of 7% YoY. This will be a crucial earnings report for Apple, as it pre-announced its December results on January 2nd, lowering revenue expectations by 8%, and blaming the slowdown on w

Guest DanielaIG

Guest DanielaIG

Dividend Adjustments 28 Jan - 04 Feb

Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 28 Jan 2019. If you have any queries or questions on this please let us know in the comments section below. For further information regarding dividend adjustments, and how they affect  your positions, please take a look at the video.  NB: All dividend adjustments are forecasts and therefore speculative. A dividend adjustment is a cash neutral adjustment on your account. Specia

Guest JeremyC

Guest JeremyC

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