Jump to content

Blogs

FANG Stocks Update: Netflix Earnings Buzz, Facebook Rebrand & Margin Woes

FANGS ANALYSIS: Hit series ‘Squid Game’ expected to drive subscriber growth into year end. Facebook to consider name change in line with Zuckerberg’s ‘metaverse’ vision. FANG index reaches all-time high, remains elevated.   NETFLIX’S Q3 EARNINGS AS EXPECTED - HIT SERIES ‘SQUID GAME’ TO ELEVATE SUBSCRIBER COUNT The popular online streaming service reported an increase in revenue of 16% ($7.5 billion) for Q3 – in line with estimates. Much of the increase has

MongiIG

MongiIG in Market News

FTSE 100 Price Outlook: UK Stocks Well Placed to Advance Further

FTSE 100 PRICE, NEWS AND ANALYSIS: The FTSE 100 index of leading London-listed stocks is in a good position to climb further, helped by Wall Street strength, risk-on sentiment in the markets, earnings optimism and news of an unexpected drop in UK inflation. Those factors should outweigh continuing market expectations of an imminent tightening of UK monetary policy and bad Covid-19 data.   LONDON STOCKS UPSIDE BECKONS London’s FTSE 100 index is modestly lower in e

MongiIG

MongiIG in Market News

Japanese Yen Jitters as US Treasury Yields Move Higher Amid Commodity Woes. More Yen Weakness Ahead?

JAPANESE YEN, US DOLLAR, USD/JPY, COAL, CHINA, ENERGY - TALKING POINTS The Japanese Yen continued lower with little resistance for now. China continues to address energy shortages, like everyone else. Higher yields and energy are Yen negative. Will USD/JPY break up?   The Japanese Yen and Swiss Franc were the underperformers today as risk appetite remained healthy after more positive earnings results from the US. APAC equities were all in the green. Government

MongiIG

MongiIG in Market News

Crude Oil Price Forecast: Extended with Levels to Watch

CRUDE OIL TECHNICAL HIGHLIGHTS: Trading well above major long-term resistance. Watching levels that lie just ahead from years prior. Outlook remains generally bullish until proven otherwise. Energy has been on a tear, with crude oil having recently broke above a major long-term threshold. Right around 77 was big resistance from a decade ago, a level we discussed as being pivotal for the broader outlook on oil. Now that it is well above that level we need to tur

MongiIG

MongiIG in Market News

Canadian Dollar Forecast: USD/CAD Sell-Off Continues, Retail Traders Increase Short Bets

USD/CAD slides lower on US dollar weakness, while retail traders increase their USD/CAD short bets Canadian Dollar Price, Chart, and Analysis Brent crude oil eyes a new three-year high. USD/CAD traders increase short bets. The US dollar continues to lose ground against its Canadian counterpart with the pair touching a new three-month low earlier in the session.The recent trend lower is dominated by red candles, producing lower highs and lower lows, as the pair continu

MongiIG

MongiIG in Market News

British Pound Bolts Higher on Soft US Dollar and BoE Hawks. Will it Keep Going?

BRITISH POUND, GBP/USD, US DOLLAR, BOE, CHINA, RBA, AUD/USD - TALKING POINTS The British Pound has found strength as rate hikes appear likely. Softer US yields saw risk assets and currencies move up on the day. US Dollar weakness saw Sterling rally. Is it going to continue?   The British Pound moved higher as the US Dollar weakened in the Asian session today. US yields fell over-night and markets generally went for a ‘risk on’ approach. Commodity currencies led

MongiIG

MongiIG in Market News

US Dollar Technical Outlook: DXY Sitting Solid Support

USD TECHNICAL OUTLOOK: DXY fell back to support late last week. Trust support until broken. A break is seen as leading to modest selling.   US DOLLAR TECHNICAL OUTLOOK: DXY SITTING SOLID SUPPORT In last week’s commentary we discussed how the US Dollar Index (DXY) looked headed higher out of a developing wedge, and that outlook had some legs – for a minute. The wedge breakout quickly failed just ahead of a significant area of resistance (94.67) formed durin

MongiIG

MongiIG in Market News

Gold Price Forecast: XAU/USD Struggles as the US Dollar Regains its Poise

Gold Price, Chart, and Analysis 10-year US Treasury yields back above 1.60%. Gold sitting on a prior resistance level.   Keep up to date with all market-moving data releases and events by using the DailyFX Calendar Gold has given back nearly all of last Wednesday’s post-CPI release rally and is now back at an important chart level that has steered price action over the last few weeks. The precious metal’s main driver remains the US dollar which in turn is being d

MongiIG

MongiIG in Market News

British Pound (GBP) Latest: BoE Rate Hike Bets Soar, GBP Volatility to Rise

GBP Analysis and News: Governor Bailey Reiterates that BoE Must Act to Curb Inflation. BoE Tightening Bets Increase Further. GBP to Find Rate Support vs Low Yielders. Another round of commentary from the BoE over the weekend with Governor Bailey signalling yet again that the BoE will have to act in order to curb down inflation. The Governor noted that while monetary policy cannot solve supply-side problems, which the UK economy is currently facing, the Bank will hav

MongiIG

MongiIG in Market News

S&P 500 & Nasdaq 100 Forecast: Netflix & Tesla Earnings to Set the Tone for the Market

S&P 500 AND NASDAQ 100 WEEKLY FORECAST: SLIGHTLY BULLISH Corporate earnings will be key for the U.S. stock market in the near term Netflix and Tesla’s quarterly results will be in focus in the week ahead, following strong profits from major banks in the last few days If the tech sector performs well and issues positive guidance, there is scope for the S&P 500 and Nasdaq 100 to continue their recovery   Most read - S&

ArvinIG

ArvinIG in Analyst article

S&P 500, DAX 40, FTSE 100 Forecasts: Bank Earnings Trigger Risk-on Mood

KEY TALKING POINTS: Global stocks rally as US earnings push back stagflation concerns. Investors must be aware of inflation effects in different sectors. Global stocks have rallied significantly in the last two sessions as upbeat sentiment returns to markets. Continued growth in earnings from major US banks and asset managers have seen investors take a break from concerns about growth and stagflation, focusing also on improving jobs data and a small decrease in the rate of

MongiIG

MongiIG in Market News

Dividend Adjustments 18th October 2021 - 25th October 2021

Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 18th October 2021. 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

ArvinIG

ArvinIG in Dividend Adjustment

Netflix share price: Q3 2021 earnings preview

Investors are hoping to see a recovery in net paid subscriptions from Netflix’s UCAN region in the upcoming Q3 results, while also hoping to learn more about the group’s investment into online gaming. Source: Bloomberg    Shaun Murison | Senior Market Analyst, Johannesburg | Pu

MongiIG

MongiIG in Market News

FTSE 100 Technical Analysis: Looking to Break Multi-month Range

FTSE 100 TECHNICAL HIGHLIGHTS: The FTSE is working towards a breakout, but… Can’t jump the gun as we need to see confirmation. Multi-month consolidation could lead to 2020 highs and better.   The FTSE 100 is working on breaking out of the multi-month range it has been building since around May. If we see a close above 7220 the market may indeed string together a run that takes it back towards the pre-pandemic highs and possibly better. But before getting t

MongiIG

MongiIG in Market News

×
×
  • Create New...
us