The euro has had some reprieve against a staunch US dollar; a hawkish ECB might suit the euro against the Japanese yen and if the ECB raises rates by 75 bp today, where will it send EUR/USD?
Source: Bloomberg
Forex European Central Bank Federal Reserve United States dollar Central bank
USD/JPY rallies to a fresh yearly high as it extends the series of higher highs and lows from earlier this week.
Source: Bloomberg
Forex United States dollar Japanese yen USD/JPY Federal Reserve Exchange rate
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 12th September 2022. These are projected dividends and likely to change. IG cannot be held responsible for any changes made.
Dividends highlighted in red include a special dividend, therefore some or all of the amount will not be adjusted. Amount in brackets is the expected adjustment after special dividends excluded (where shown on major indices). Dividend adjustments due to be posted
Coming back from the holiday break, intermittent attempts to rebound for the major US indices overnight failed to sustain as selling pressure continues to overcome previous dip-buying efforts.
Source: Bloomberg
Forex Indices Japanese yen USD/JPY Federal Reserve China
The ECB are widely expected to implement a 75bp rate hike, but an ongoing energy crisis and euro devaluation mean that inflation will likely continue to rise.
Source: Bloomberg
Forex Inflation European Central Bank Euro Monetary policy Eurozone
We have a look at what's going on with DogeCoin, what's happened to the value of NFTs, and the state of digital assets.
Forex Shares Dogecoin Cryptocurrency Blockchain Economic bubble
Financial bubbles can only be seen in hindsight. Though the signs can be witnessed
VALUE AND GROWTH STOCKS:
Value and growth stocks valuations will be impacted differently by a shift in the monetary policy outlook
Value tends to outperform the growth factor when the Fed increases interest rates
When interest rates fall in the economy, growth companies outperform their value counterparts
Most Read: How Does the Stock Market Affect the Economy? A Trader’s Guide
When the Federal Reserve adjusts its m
The outlook on crude oil remains bearish despite a minor output cut from OPEC+.
Source: Bloomberg
Commodities Petroleum Price of oil Price Brent Crude OPEC
Axel Rudolph | Market Analyst, London | Publicati
With US markets closed for holiday, the European markets overnight provided a negative footing to digest, with stocks largely trended in the red.
Source: Bloomberg
Forex Indices Commodities GBP/USD United States Pound sterling
Apart from Nvidia's share price falling 16% last week and experiencing worse-than-expected quarterly results, the US government has stepped in to restrict AI chip sales to China and Russia.
Source: Bloomberg
Shares Nvidia United States China Integrated circuit Artificial intelligence
The global oil market is hurtling into a new cycle of volatility with opposing catalysts feeding into a highly uncertain outlook. What will be impact after OPEC+ cut production and the G7’s planed price cap?
Source: Bloomberg
Commodities Petroleum Price of oil OPEC Group of Seven Barre
We dig into the ASX-listed lithium miners to find out what’s driving demand and whether now’s the right time to invest.
Australia is the world’s largest exporter of lithium - and miners of the mineral have popped up more and more on the ASX in the past decade as global demand has surged. In th
Global equity markets tumbled last week, sending risk assets and gold prices lower. Central bank event risks fill the docket for the week, offering traders volatility.
Source: Bloomberg
Forex Commodities Risk Central bank Stock market United States
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 5th September 2022. These are projected dividends and likely to change. IG cannot be held responsible for any changes made.
Dividends highlighted in red include a special dividend, therefore some or all of the amount will not be adjusted. Amount in brackets is the expected adjustment after special dividends excluded (where shown on major indices). Dividend adjustments due to be posted
An initial move lower in major US indices was met with some dip-buying into the latter half, potentially with some paring back of shorts build-ups as we head into the all-important US job report today.
Source: Bloomberg
Forex Indices United States United States dollar S&P 500 Federa
If seasonality is of any guide, we are potentially heading into a period of increased volatility. With key economic data in focus ahead, how will the S&P 500 play out this month?
Source: Bloomberg
Indices Shares Federal Reserve S&P 500 Inflation S&P Global Ratings
A forex pivot point strategy could very well be a trader’s best friend as far as identifying levels to develop a bias, place stops and identify potential profit targets for a trade.
Pivot points have been a go-to for traders for decades. The basis of pivot points is such that price will often move relative to a previous limit, and unless an outside force causes the price to do so, price should stop near a prior extreme. Pivot point trading strategies vary which makes it a versatile tool for
Another lift higher for US Treasury yields overnight translated into the third straight day of negative performance for major US indices, as market pricing for a higher-for-longer tightening path remains the dominant theme.
Source: Bloomberg
Forex Indices United States USD/JPY China Fed
Although China’s policymakers appear to step in provide economic support through tangible measures, the rapidly deteriorating power crisis and extreme weather continues to complicate and challenge the Chinese economy.
Source: Bloomberg
Forex Indices Commodities United States dollar USD
In this week’s Trade of the Week, IG market analyst Josh Mahony looks to go short the German DAX with a stop-loss at 13,390 and a downside target at 12,705. He also looks at last week’s trade, which was short EUR/CHF.
Forex EUR/CHF
Joshua Mahony | Senior Market Analyst, London 31 August 2022