The surge in GameStop has caught the market’s attention, and that of financial media. A small retail stock, in an industry in long-term decline, has seen its market value rise very rapidly, as retail traders, coordinating via the website Reddit, have bought into the stock using options, forcing the hedge funds that have taken short positions in it to close out their trades, pushing the stock yet higher.
What is a short squeeze?
This short squeeze is a classic market move, familiar
Dow Jones and Nasdaq 100 suffering as Fed faces credibility test; will a 75-basis point rate hike, or more, restore risk appetite next? Both indices are trying to confirm breakouts under key support.
Source: Bloomberg
Indices Shares Central bank Dow Jones & Company Risk Inflation
Investors and traders would do well to remember that there are plenty of markets to choose from – it’s not always necessary to follow the crowd.
The recent volatility in certain stocks has sparked renewed interest in the market across all sections of the media. The names of these stocks, and others that might be viewed as possible candidates, have been emblazone
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 30th May 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 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
US Reporting Season has begun, and will continue until the middle of February.
The market data that matters:
EPS Growth Expected (YoY)
Revenue Growth Expected (YoY)
Current Price-to-Earnings
Est. FY1 Price-to-earnings
Current Dividend Yield
S&P 500 AND DOW JONES TALKING POINTS:
S&P 500 and Dow Jones rally and wipe out most of Monday’s losses
Tech and financial-oriented companies lead the charge higher
Traders now await the September NFP report, which could influence the FOMC’s decision on when to taper assets purchases
Most read: Nasdaq 100 Nears One-Year Channel Support, Key Technical Levels to Watch
After a broad-based sell-off at the start of the week, U.S. stoc
Source: Bloomberg
Forex Australia Economy of Australia Australian dollar AUD/USD United States dollar
The economic data that matters
What is the market expecting fr
Shares of Australia’s national carrier Qantas and travel agencies Flight Centre Travel Group and Webjet rallied strongly to start the week.
Source: Bloomberg
Shares Qantas Webjet Flight Centre Australia New South Wales
As Chinese tech stocks face pronounced selling pressure, analysts continue to view Alibaba favourably.
Source: Bloomberg
Shares Alibaba Group Sell side China Stock United States
IAG's share price has dropped some 8% in the last one week.
Source: Bloomberg
Shares International Airlines Group Airline Market sentiment Market trend Price
‘We remain positive on stocks with iron-ore exposure due to strong cash flow yields and earnings upgrade momentum.’
Source: Bloomberg
Iron ore price run reverses
Iron ore prices were the hot
On Wednesday, Macquarie told the market that 'We currently expect the 1H22 result to be slightly down on 2H21.’
Source: Bloomberg
Shares Macquarie Group Price Stock CFD Citigroup
Airline stocks are on the rise after months of downside. With air traffic expected to benefit from strong vaccination rates, could this represent a good buying opportunity?
Source: Bloomberg
Shares Airline Air traffic control Europe United Kingdom EasyJet
Although Alibaba shares have pared last week’s losses, the stock still remains undervalued.
Source: Bloomberg
Indices Shares Alibaba Group Stock Price United States
EV giant Tesla’s stock price rallied on a potential positive development in its plans to enter India.
Source: Bloomberg
Shares Tesla, Inc. United States Price Nvidia Elon Musk
Semiconductor plays Nvidia and AMD got a boost to their share prices after news of the US government possibly buying a machine based on their chips.
Source: Bloomberg
Shares Nvidia Advanced Micro Devices United States Supercomputer Price
A strong period for US corporate earnings is expected as companies reflect the continued recovery in the US economy, with further growth expected in coming quarters.
Source: Bloomberg
Indices S&P 500 Index Inflation Price–earnings ratio Valuation United States
FX markets are susceptible to a range of factors which affect their volatility, and many traders look to tailor their strategies to capitalize on the most volatile currency pairs.
Currency volatility, often measured by calculating the standard deviation or variance of currency price movements, gives traders an idea of how much a currency might move relative to its average over a given time period. Traders can also gauge volatility by looking at a currency pair’s average true range or
Although the GSK share price has underperformed against its close competitors in the past year, signs are starting to improve following positive moves from an activist investor and the release of highly anticipated new products.
GSK shares down 2% year to date
Shares reached £13.48 this morning but slumped afterwards
GSK retains operation
Amazon and Twitter to report earnings shortly after 9pm (UK time)
The multinational tech giant and the popular social media platform will release earnings tonight. Keep an eye on these stocks to see how the market reacts.
Twitter earnings – What to expect
Advertising services account for close to 90% of Twitter’s revenue, which saw a dip in 1H 2020 as businesses cut back on marketing spend in times of Covid-19. However, investors may note that on the back of improving econo
Roblox share price surges following direct listing
Online games company Roblox has joined a long-list of companies from the last year – including the likes of Snowflake, Bumble and Unity – which have enjoyed a strong day one pop following their listing on public markets.
Unlike those three companies however, Roblox skipped the IPO process completely, instead choosing to take the direct listing approach. Compared to an IPO, under a direct listing, a company sells its shares directly wit