Australian dollar eyed ahead of Chinese Services PMI numbers; crude oil may rise after Saudi Aramco raises July prices for Asia and AUD/USD may probe the May high if sentiment improves.
Source: Bloomberg
Forex Shares Commodities Australian dollar China AUD/USD
Triangle patterns have three main variations and appear frequently in the forex market. These patterns provide traders with greater insight into future price movement and the possible resumption of the current trend. However, not all triangle formations can be interpreted in the same way, which is why it is essential to understand each triangle pattern individually.
Forex triangle patterns main talking points:
Definition of a triangle pattern
Symmetrical triangles explained
Despite some retracement at the start of this week, the equity bulls are not giving up on the relief rally in Wall Street after paring back on initial weakness overnight and forming a new higher low for major US indices.
Source: Bloomberg
Forex Indices United States EUR/USD Retail OPEC
Source: Bloomberg
Indices Shares Forex S&P 500 Investment Stock
US equities staged a recovery in the final full week of May after a threatening theme enveloped stocks in the first four months of 2022 trade.
In the S&P 500, the index put in a really strong showing last week to wipe away the losses from earlier in the month. The net
The Hang Seng Tech index, which tracks the 30 largest tech-themed companies listed in Hong Kong, has delivered a drawdown of as much as 68% since its February’s peak last year.
Source: Bloomberg
Indices Shares China Risk Severe acute respiratory syndrome coronavirus 2 Hang Seng Index
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 6th 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 Hang Seng Tech Index, which tracks the 30 largest tech-themed companies listed in Hong Kong, has delivered a drawdown of as much as 68% since its February’s peak last year.
Source: Bloomberg
Indices Shares China Risk Severe acute respiratory syndrome coronavirus 2 Hang Seng Index
Major US indices opened the month of June in the red, although a slight attempt to pare back some losses was seen in the latter half of the trading session.
Source: Bloomberg
Forex Indices Inflation United States Market trend Central bank
Short-selling goes against the traditional mantra of buying low and selling high. But it can be a useful tool, helping traders to find opportunity even in falling markets. Find out what short-selling means and how it works.
Shares Forex Short Asset Stock Hedge
While the headline number of jobs created in May is expected to be slightly weaker, a rise in wages over the month suggests the employment picture is still healthy.
Source: Bloomberg
Forex Federal Reserve Inflation Unemployment United States Employment
BP, Unilever, B&M, Persimmon, and IAG make the list for this month’s top UK stocks to watch.
Source: Bloomberg
Indices Shares International Airlines Group Unilever BP FTSE 100
Charles Archer | Financia
Brent crude price hit their highest level in two months and moved toward the yearly high; the EUR/USD advanced ahead of the ECB meeting and Bitcoin showed a preliminary sign of bottoming out and a likely bullish trend reversal.
Source: Bloomberg
Forex Commodities Petroleum EUR/USD Bitco
Snap’s share price hit a record of $83 last September. But it’s now down by 82% to $15 a share, below its $17 IPO launch price.
Source: Bloomberg
Shares Snap Inc. Macroeconomics Spiegel (US retailer) Chief executive offi
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
Fundamental and technical outlook on the price of natural gas. Where to next?
Source: Bloomberg
Shares Commodities Natural gas Russia Gas Netherlands
Axel Rudolph | Market Analyst, London | Publication dat
Centrica’s share price will benefit from the company’s re-entry to the UK’s premier index, but the threat of windfall taxes remains high.
Source: Bloomberg
Indices Shares Centrica FTSE 100 Tax United Kingdom
AGL's shares tumbled after scrapping a longstanding demerger plan. How did this happen?
Source: Bloomberg
Shares AGL Energy Price Alibaba Group Tesla, Inc. China
Hebe Chen | Market Analyst, Mel
Instacart’s IPO could see the $24 billion pandemic darling’s growth story accelerate once more.
Source: Bloomberg
Indices Shares Instacart IPO Grocery store Amazon
Charles Archer | Financial Writer, London
Hello IG Community,
We are excited to announce that the community will be running a Top Contributors Competition which will be starting on the 1st June 2022 and ends 30th June 2022. We are giving away great prizes to be won for our top 3 contributors which will be awarded at the end of the month and we’ll be announcing the winners.
How does the competition work?
The rules are we will be selecting our top 3 contributors on the IG community based on both the quantity and qua
Dear IG Community,
Please be aware that due to Memorial Day (US) and the Platinum Jubilee (UK) bank holidays our trading hours will change.
All times are in UK time. Monday 30th May
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
USD/JPY remains range-bound after a move lower lacked follow through; JPY direction might be hostage to broader moves in the US dollar and yen weakening has paused.
Source: Bloomberg
Forex Shares Japanese yen USD/JPY United States dollar Market sentiment