The RBA is expecting inflation to peak at around 7% in December and begin to cool down early next year so why is the RBA's Governor Lowe positive that a recession is unlikely for Australia?
Source: Bloomberg
Inflation Central bank Recession Australia Demand CFD
As the recession concern spreads across the financial market, which sectors and stocks have the potential to demonstrate their resilience? Today we are looking at three ASX stocks.
Source: Bloomberg
Indices Shares Price Woolworths Supermarkets Australia and New Zealand Banking Group Di
Rolls-Royce shares could be an undervalued FTSE 100 opportunity after Morgan Stanley judges them ‘woefully mispriced.’
Source: Bloomberg
Indices Shares Roll-Royce Revenue Investment FTSE 100
Charles Archer
The below-average volume during the shortened trading week saw the US futures moving higher, driving some expectations of a near-term reprieve following the recent weeks of sell-off.
Source: Bloomberg
Forex Indices United States AUD/NZD S&P 500 Central bank
The sell-off in Wall Street took a breather last Friday as outperformance in growth sectors did much of the heavy-lifting, with the Nasdaq up 1.43%.
Source: Bloomberg
Forex Indices Market sentiment Bank of Japan United States USD/JPY
FTSE 100 Tesco shares remained broadly flat after solid Q1 results were punctured by economic warnings from CEO Ken Murphy.
Source: Bloomberg
Indices Shares Tesco FTSE 100 United Kingdom Aldi
Charles Arche
Hello IG Community,
IG is always looking for ways to improve our clients’ experience. We are currently looking at how we can improve your experience before you place a trade. We would love to hear what market and pre-trade analysis you currently explore, as well as additional features, changes or improvements you would like to see to the platform in this area. Our goal is to make your analysis quicker and easier whilst remaining focused and in-depth.
Your poll vote matters! We are work
Source: Bloomberg
Forex United States dollar Currency Bank of Japan Pound sterling Federal Reserve
Global financial markets moved diligently to price in the latest action from the Federal Reserve last week when Mr. Powell’s FOMC raised the US benchmark rate by 75-basis-points. The jumbo rate hike tempered inflation expectations, and perhaps returned some credibi
Stocks have struggled during the first half of 2022, but the second half doesn’t appear to offer much relief from fears about high inflation, slowing growth and falling earnings.
Source: Bloomberg
Shares Stock Inflation Central bank Stock market Investor
Sainsbury’s shares are down 25% year-to-date. But the FTSE 100 company could be an attractive buying opportunity for private equity firms.
Source: Bloomberg
Indices Shares Commodities Sainsbury's FTSE 100 Private equity
Central Banks: Market Recap
1. RBA Market Recap
The RBA have made it clear that the inflation fight is on, hiking 0.5%; AUD/USD leapt half a cent on the news, but is struggling to hold the gains and the RBA have joined the race. Will AUD/USD be the beneficiary?
Source: TradingView
The Australian dollar flew higher after the RBA joined the jumbo rate hike brigade by lifting the cash rate by 50 basis points to 0.85% from 0.35%.
The market had mostly been
The knee-jerk rally coming after the FOMC meeting has proven to be short-lived as sentiments quickly took a turn yesterday, following the surprise hike from the SNB.
Source: Bloomberg
Forex Indices Inflation Bank of Japan Central bank Euro
Dear IG Community,
Please find below the changes of trading hours for Juneteenth bank holiday (US)
All times are UK Time. Monday 20th June
Brent Crude and Gas Oil futures close early at 6.30pm.
US index futures close early at 6pm. We’ll make an out-of-hours price on Wall Street, US 500, US Russell 2000, FANG Index and US Tech 100 from 6pm until the futures reopen at 11pm.
US equities and soft commodities are closed.
US interest rates close early at 6pm.
U
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 20th June 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 on a
The US dollar is backing down even after the Fed’s 75 bp hike and GBP/USD is breaking out despite the Bank of England disappointing with a 25 basis point move while expecting inflation to hit as high as 11% later this year.
Source: Bloomberg
The Fede
The US government asked Aussie baby food maker Bubs to send 1.25 million tins to feed America’s youngest and hungriest. Bubs shares soared 40% on the news. But can these little American babies support this valuation past July?
Source: Bloomberg
Valuation Revenue United States Profit Ma
The share prices of both ASOS and Boohoo are plunging as the cost-of-living crisis begins to bite into fast fashion.
Source: Bloomberg
Shares Boohoo.com ASOS Price Profit United Kingdom
Charles Archer | Fi
Apple share price rout continues. Now is probably not the right time (yet) to buy the stock despite the company entering the BNPL space.
Source: Bloomberg
Shares Apple Inc. Apple Pay Credit Price Apple Worldwide Developers Conference
The BoJ is set to hold their monetary meeting across 16 – 17 June 2022, with the central bank expected to remain an outlier among other global central banks in monetary policies.
Source: Bloomberg
Forex Bank of Japan Central bank Bank Japanese yen Interest
The FOMC meeting outcome was met with a positive reaction from the US equity markets despite the Fed delivering a 75 basis-point hike to a range of 1.5% and 1.75%.
Source: Bloomberg
Forex Indices Shares Federal Reserve United States S&P 500
Some pre-FOMC dollar weakness has allowed the euro and sterling to make some gains against the dollar, while USD/JPY is lower in early trading.
Forex United States dollar Euro Japanese yen Pound sterling USD/JPY
EUR/USD makes headway
The US equity markets came in mixed overnight, largely taking a breather from their recent sell-off, along with some wait-and-see ahead of the FOMC meeting outcome.
Source: Bloomberg
Forex Indices Shares Federal Reserve China GBP/USD