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Gloomy Days Ahead as IMF Cuts Global Forecasts - EMEA Brief 22 Jan

The IMF has cut its forecasts for growth as it says the global economic expansion is losing its momentum, projecting a 3.5% growth rate worldwide for 2019, 0.2 percentage points less than its forecasts in October. This comes just hours after China announced its slowest economic growth in almost three decades. Meanwhile, over at the World Economic Forum in Davos, there are ongoing talks over an array of current or potential crises, from the US-China trade war to the uncertainty surrounding

JoeIG

JoeIG

Bullishness settles - APAC brief 22 Jan

Bullishness settles: The ASX200 was sold into the close on a day where the market's bullishness stalled. Nevertheless, the index ended the day in the green, adding 10 points. It's a very headline driven market currently, and the finger is being pointed to news that the US and China are squabbling over intellectual property protections as the cause for the cooler sentiment. US markets were closed for the Martin Luther King Day public holiday, so the lack of tradeable information probably hindered

MaxIG

MaxIG

Chinese Growth Lowest in 28 Years - EMEA Brief 21 Jan

Chinese growth has officially fallen to its slowest in 28 years. Fourth quarter figures have been announced which confirm analysts’ expectations that growth would be 6.4%, averaging 6.6% for the year. The US shutdown has now entered its 30th day. Trump offered protections for ‘Dreamers’ in an attempt to negotiate but this was quickly rejected by democrats as inadequate. Analysts now believe the shutdown will cause a 0.25% reduction in growth figures for the first quarter of 2019. J

IGAaronC

IGAaronC

Trade wars improving?, topics for Davos, Brexit timelines - DailyFX Key Themes for the EMEA region

Trade War Rumors are Generating as Much Reaction as Official Announcements  The trade war remains one of the most far-reaching and economically-threatening themes currently assailing the global markets. After more than a year of escalation whereby the market has acclimated to a steady flow of stories detailing the malaise this conflict has sown, it should come as little surprise that the market has grown somewhat deadened to hints that conditions may grow marginally worse. Yet, in contrast,

JohnDFX

JohnDFX

The bulls are coming back: APAC brief 21 Jan

The bulls are coming back: Traders received the greenlight to jump into risk assets on Friday. It culminated in a substantial jump across global equities and a certain “risk-on” attitude to trading. The impetus was arguably more technical than fundamental. The boost in sentiment in being attributed mostly the leaked news that Treasury Secretary Stephen Mnuchin was planning to lift US tariffs on China. Whatever the motive, nefarious or simply untrue, that story was quickly denied by the White Hou

MaxIG

MaxIG

Dividend Adjustments 21 Jan - 28 Jan

Expected index adjustments  Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 21 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 ad

MaxIG

MaxIG

Stranger Things Have Happened: Netflix Earnings and More – EMEA Brief 18 Jan

Netflix announced subscriber growth of 8.8 million over the past year giving them a total of more than 139 million. Meanwhile, their quarterly revenue was up 27% from the same period in 2017 but the share price is down 3% as they failed to hit analysts’ expectations. Theresa May has rejected calls of Jeremy Corbyn to rule out a no deal Brexit whilst the FTSE yesterday stayed flat. American Indices were up yesterday with the Dow gaining 0.67% despite no resolution to the US governme

IGAaronC

IGAaronC

Mixed trade - APAC brief 18 Jan

Mixed trade across the globe: Global equity indices have traded mixed in the last 24 hours. Asian trade was soft, European trade was poor, while US indices look as though they will deliver another day in the green. This may not be such a bad thing: perhaps the differing performance across regional indices is a sign of a more discerning market place. Panic about the global economic landscape has subsided for now, allowing traders to take a more nuanced view of the asset class. There is a degree o

MaxIG

MaxIG

May Day: Theresa survives but for how long?

Theresa May's government holds onto power, winning a no-confidence vote in parliament last night by 325 votes to 306. The Prime Minister has now set out to reach a cross-party solution for Brexit, although this will be extremely difficult as the PM was snubbed by the leader of the opposition last night saying that she is in charge of a "zombie government". Sterling remained steady as the currency traded around the 1.2875 mark against the dollar after, as expected, Mrs May's government won

GeorgeIG

GeorgeIG

Bullishness rolls on - APAC brief 17 Jan

Bullishness rolls on: The bullish correction in financial markets continues, and global equity markets are rolling on. It’s a matter of contention as to why this rally hasn’t been faded, just in the short term. Stocks were oversold on a technical basis, and the market internals were very over-stretched at the deepest trough of the recent sell-off. An elastic band effect was expected – a brief snap back in to place. Perhaps complacency will bite at some stage, and the rally in risk-assets will pr

MaxIG

MaxIG

Double defeat: Will May survive no confidence vote? - EMEA Brief 16 Jan

May's Brexit deal rejected by 230 votes making may's defeat the biggest in UK history of sitting governments. The no vote saw the GBP rise 0.05% to $1.28. As a result of the landslide defeat May is to face vote of no confidence, the vote is expected to be held at 19:00 GMT. Asian Stocks saw a mixed reaction following the Brexit news. Japan's Nikkei 225 fell 0.55% to 20,442.75 and the Topix index followed suit falling by 0.32% to 1,537.77 whilst the Kospi rose 0.43% to 2,106.1.

MichaelaIG

MichaelaIG

The Brexit-vote fall-out - APAC brief 16 Jan

ASX’s looming recovery: The ASX200 has clawed itself to a level on the cusp of validating the notion that the market has bottomed. It might feel that we ought to already be at that stage, given we sit 7-and-a-half per cent of the markets lows. But turnarounds take time to be confirmed, and now having broken psychological-resistance at 5800, Australian equities are inches away from that point. There are counterarguments to be made, to be fair: the recent rally has come on the back of lower volume

MaxIG

MaxIG

#IGBrexitChat - submit your questions to our panel - EMEA trading session

Tuesday the 15th will see a UK Parliamentary vote in the Commons regarding Brexit. There is considerable uncertainty surrounding the vote, however one thing is known: this could make or break Theresa May's Brexit deal. The political uncertainty has flowed over into the financial markets with a number of assets seeing significant volatility. A ratified deal is likely to display stability and confidence resulting in a strengthening GBP, and possibly a short term boost to British stock prices and i

JamesIG

JamesIG

The meaningful vote: not-so-bad outcome or disaster? - EMEA Brief 15 Jan

Crude oil bounced higher overnight after a free-fall since Friday. WTI floated past $51.50 a barrel, after gaining 1.29%, as the markets struggle to balance out the OPEC production cuts with concerns over global growth and increased US production.  Gold prices held steady as investors balance out the strong trading session in Asia with expectations of fewer interest rate hikes by the US Fed. The yellow metal lost about 0.2%, trading at $1,291.33 at 6am GMT. Asian equities gained as

IG-Andi

IG-Andi

A (shallow) sea of red - APAC brief 15 Jan

A (shallow) sea of red: There is a lot of red across the board for global equity indices to start the week, but the extent and strength of the downside swings have so far proven quite benign. The theme dominating markets yesterday and overnight was that of slower global growth. It kicked-off more-or-less following the release of some abysmal Chinese trade figures, that added further concern that the Chinese, and therefore global economy is heading for a significant slow-down. The data sparked a

MaxIG

MaxIG

Clouds Loom as Chinese Economy Falters - EMEA Brief 14 Jan

Asian stocks fell as China's export data indicated a shock contraction, declining by 7.6% since July 2016. This points to deepening cracks in the world's second largest economy and increased fears of a significant slowdown in global growth and businesses.  The CSI 300 was down 0.8%, falling from a 3 week high reached on Friday. The Hang Seng slipped 1.4% as both the financial and technology sectors took a hit. US equities ended Friday with marginal losses, however the S&P 500 m

JoeIG

JoeIG

Trade war hopes; US government shutdown; key Brexit vote - DailyFX Key Themes - EMEA and Americas

Ending a Trade War is a Windfall for Growth?  US and Chinese trade officials met this past week to lay the groundwork for another attempt to push for a breakthrough in the superpowers’ ongoing trade war. These are lower level meetings aimed at finding concessions and terms for which Trump and Xi would eventually sign off on. With over $350 billion in goods from both countries saddled with import taxes, the economic toll the engagement is exacting is starting to show through in data. In the

JohnDFX

JohnDFX

Dividend Adjustments 14 Jan - 21 Jan

Expected index adjustments  Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 14 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 ad

MaxIG

MaxIG

Global stocks - APAC brief 14 Jan

Global stocks: Global equities will be forced to prove their mettle this week. Price action suggests that for many equity indices, the market is ambling at a cross-road. The macro-economic challenges moving markets in general haven't been resolved. That remained true during last week's trade, which saw global stocks move higher, in general. The difference this week is there are more numerous and higher impact risk-events that could make or break the stock market's recovery. There will be no shor

MaxIG

MaxIG

Using IG alerts to identify trading opportunities

The IG web trading platform has several alert functions which can be used to notify you of potential trading opportunities and market volatility. We have different alerts for all types of traders, from the technical analyst to the long-term investor. Before we get into the different alert types it’s worth making sure your Notification Preferences on MyIG are set up correctly and notifications are turned on within your mobile settings area. The blog article on the right may be of help if you

JamesIG

JamesIG

How to turn on notifications for 'Price Alerts'

Alerts are great for keeping you up to date with broad market movements and macroeconomic news events. To make sure you receive the alert on mobile or via email requires an opt-in setting within MyIG, along with settings on your mobile (Push only).    Turning on notifications in MyIG When you’re logged in to your IG account go to your Communication Preferences in MyIG. On the 'Prices & Dealings' tab make sure you have turned on your Email and Push notification options. You can

JamesIG

JamesIG

Will the New Year Blues continue? - EMEA Brief 11 Jan

Yesterday saw further pessimism from corporate giants as the likes of Jaguar Land Rover, Macy's Inc and BlackRock Inc cut profit forecasts. Geely Group halves 9.7% stake in Daimler AG.  Virgin Atlantic and Stobart Group to buy Flybe for £2.2million after Flybe profit warning saw shares prices tumble in October 2018. A fall from which it hasn't recovered.  Trump announced intention to bypass Congress by declaring a national emergency in order to fund wall. This comes as gover

MichaelaIG

MichaelaIG

Sentiment cooling - APAC brief 11 Jan

Written by Kyle Rodda - IG Australia Sentiment cooling: Sentiment is cooling and the drivers that have sustained global equity's recovery are subsiding. It's no cause for alarm (yet) by any means. The markets are demonstrating a level of short-term exhaustion after its chaotic December. The same risks remain; traders have just shifted their views. The concerns regarding a slow-down in global growth have abated somewhat, though the issue is still simmering. The outlook for how the Fed will a

MaxIG

MaxIG

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