GBPUSD Analysis and Talking Points:
GBP So Far Unfazed by Rising Political Uncertainty
UK PM Johnson’s Tenure Hinges on Sue Gray’s Investigation
See our quarterly GBP forecast to learn what will drive prices through Q1
UK politics have been stealing the limelight in recent weeks following revelations that the UK government had been flaunting lockdown restrictions on various occasions over the last two years. In light of these revelations, voting intentions for the Con
The S&P 500’s bloated tech stocks could soon be hammered by tightening monetary policy. And with interest rates rising, it might finally be time for the FTSE 100 to shine.
Source: Bloomberg
Indices Shares FTSE 100 S&P 500 S&P Global Ratings Federal Reserve
Jan 18, 2022
By:Frank Kaberna, tastytrade
To many, crude oil trading looks like the wild west: it’s a singular marketplace lacking diversification seen in other risk-on markets like equities; its traditional futures products can swing $1,000s per day; and the energy source’s options boast twice the volatility of the S&P 500.*
/SMO \ Small Crude Oil Futures
Source: dxFeed
With all of that being said, it’s still one of the most popular assets among active traders
What to watch this earnings season
While Covid-19 dominated market sentiment in 2020 and 2021, earnings season outlooks are more nuanced for 2022.
In particular, many investors will be watching to see if 2022 boasts a reversal of the market conditions that dominated the pandemic, such as low interest rates, a bullish Wall Street and booms for the tech and big pharma industries.
Emphasis is likely to be on supposed ‘sure bets’ this season, with r
- Reviewed by James Stanley, Nov. 24, 2021
A forex trading journal is a log of your trades that can help you refine your strategies based on learning from previous experiences. Just as a business owner tracks inventory, a trader should also keep up with their closed positions.
While keeping a trading journal may be difficult at first, recording your trades can help answer some critical questions about your trading techniques. It can increase the consistency of your trading, keep you ac
The Bank of Japan is set to hold their monetary meeting across 17 – 18 January 2022, with the meeting bringing about its latest outlook on growth and inflation.
Source: Bloomberg
Forex Bank of Japan Inflation Japan Japanese yen United States dollar
The Unilever share price is volatile. And at 3,654p, worth exactly what it was five years ago. Increasing its £50 billion bid for GSK’s healthcare arm could see the FTSE 100 stalwart sink or soar.
Source: Bloomberg
Shares Unilever GlaxoSmithKline Health care Price Investor
Q4 US reporting season: 5 things to watch this upcoming earnings season
This reporting season is expected deliver more strong earnings growth, and cap off a year in which profits grew by 40% a share, but the future looks less certain with the rate of growth tipped to plateau into 2022.
Source: Bloomberg
QQQ NASDAQ 100 ETF, FED FORECAST, DOLLAR, USDJPY AND EARNINGS TALKING POINTS
Risk appetite is still elevated at the upper end of the spectrum, but the correction for the likes of the Nasdaq 100 and S&P 500 create a backdrop of instability
To determine where the markets are heading over the coming week, it is worthwhile to assess the dominant fundamental drive – and Fed speculation will recede this week
Aside from US monetary policy, China’s 4Q GDP release is top scheduled
Airlines have come a long way since early 2020 and enjoyed some great moments in 2021 before Omicron turned the market upside down. Investors are now eager to see what lies ahead in 2022.
Source: Bloomberg
Shares Airline American Airlines United States
Natural Gas is a highly popular commodity, particularly amongst day traders. The spread is reasonable with high liquidity, making it easy for traders to get in and out of trades with little difficulty. Nat gas also appeals to longer term traders because this macro asset has been known to trend for extended periods of time. Furthermore, natural gas is susceptible to pockets of volatility which lead to massive price spikes. The good news is these spikes tend to have a seasonal component to them wh
The ASOS share price is down more than 50% over the past year. But a cocktail of robust results, board changes, brand acquisitions and a plan to join the FTSE 250 is increasing the odds of recovery.
Source: Bloomberg
Indices Shares ASOS Price Boohoo.com Share price
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 17th January 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 o
- Reviewed by James Stanlely, Nov. 24, 2021
TECHNICAL ANALYSIS CHARTS: TALKING POINTS
Technical analysis of charts aims to identify patterns and market trends by utilising differing forms of technical chart types and other chart functions. Interpreting charts can be intimidating for novice traders, so understanding basic technical analysis is essential. This article reveals popular types of technical analysis charts used in forex trading, outlining the foundations and uses of these cha
CEO Alison Brittain strikes a positive tone as the FTSE 100 hotelier and restauranteur plans its recovery. But Whitbread shares remain 34% below their pre-pandemic point. And an inflationary spiral is not off the table yet.
Source: Bloomberg
Indices Shares Whitbread Inflation Premier I
- Reviewed by James Stanley, Nov. 24, 2021
The Morning Star candlestick is a three-candle pattern that signals a reversal in the market and can be used when trading forex or any other market. Correctly spotting reversals is crucial when trading financial markets because it allows traders to enter at attractive levels at the very start of a possible trend reversal.
This article explores the following talking points:
What is a Morning Star candlestick?
How to Identify a Morn
This reporting season is expected deliver more strong earnings growth, and cap-off a year which profits grew by 40% a share, but the future looks less certain with the rate of growth tipped to plateau into 2022.
Source: Bloomberg
Indices Shares Commodities S&P 500
LEARN TECHNICAL ANALYSIS: MAIN TALKING POINTS
Technical analysis is a popular field of study for FX and commodities traders as it can help to make trading decisions with an eye on risk management.
At DailyFX, our analysts and strategists share several different technical analysis methodologies and practices in their reviews of the markets, which can inform trading strategies and help to shape key decisions.
DailyFX technical analysis also includes a plethora of research and e
US RATES, S&P 500, NASDAQ 100 TALKING POINTS:
Yesterday saw both the S&P 500 and Nasdaq 100 put in strong bounces from support following early-session sell-offs.
US rates continue to run higher with even greater push on the shorter-end of the curve. This is a similar dynamic to what showed from late 2017 into late 2018. That scenario led to a pivot from the Fed, from a hiking stance in 2018 to a cutting phase in 2019.
Tomorrow brings CPI out of the US with the expecta
Tilray shares have spiked twice already; after its IPO in 2018 and during the meme stock craze early last year. But what are the long-term prospects for this divisive cannabis stock?
Source: Bloomberg
Shares Tilray Cannabis United States Medical cannabis Aphria
SPY S&P 500 ETF, QQQ NASDAQ 100 ETF, DOLLAR, USDJPY AND GBPUSD TALKING POINTS
The week opened to the momentum of Friday’s selloff for US equities with a QQQ bearish gap through support leading the way
By Monday’s close / Tuesday’s open, US equities fully reversed course with the SPY S&P 500 ETF posting a technically-clean reversal from channel support
For market motivation through the coming 24-48 hours, the focus intensifies on US monetary policy with hawkish Fed spe