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Expected Index Dividend Adjustments 27 Aug - 31 Aug

Expected index adjustments  Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 27 Aug 2018. 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 adjustment on your account. Special Divs are highlighted in orange. How do dividend adjustments work?  As you know, constituent stocks of an index will periodically pay dividends to shareholders. When they do, the overall value of the index is effected, causing it to drop by a certain amount. Each week, we receive the forecast for the number of points any index is due to drop by, and we publish this for you. As dividends are scheduled, public events, it is important to remember that leveraged index traders can neither profit nor lose from such price movements. This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

JamesIG

JamesIG

Dividend Adjustments 25 June - 29 June

Expected index adjustments  Please see the expected dividend adjustment figures for a number of our major indices for the week commencing the 25th of June 2018. 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: Special Divs are highlighted in orange  Special Dividends No special dividends expected this week.  How do dividend adjustments work?  As you know, constituent stocks of an index will periodically pay dividends to shareholders. When they do, the overall value of the index is effected, causing it to drop by a certain amount. Each week, we receive the forecast for the number of points any index is due to drop by, and we publish this for you. As dividends are scheduled, public events, it is important to remember that leveraged index traders can neither profit nor lose from such price movements. This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

JamesIG

JamesIG

Dividend Adjustments 13 Aug - 17 Aug

Expected index adjustments  Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 13 Aug 2018. 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: Special Divs are highlighted in orange  How do dividend adjustments work?  As you know, constituent stocks of an index will periodically pay dividends to shareholders. When they do, the overall value of the index is effected, causing it to drop by a certain amount. Each week, we receive the forecast for the number of points any index is due to drop by, and we publish this for you. As dividends are scheduled, public events, it is important to remember that leveraged index traders can neither profit nor lose from such price movements. This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

JamesIG

JamesIG

Dividend Adjustments 18 June - 22 June

Expected index adjustments  Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 18th June 2018. 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: Special Divs are highlighted in orange  Special Dividends No special dividends expected this week.  How do dividend adjustments work?  As you know, constituent stocks of an index will periodically pay dividends to shareholders. When they do, the overall value of the index is effected, causing it to drop by a certain amount. Each week, we receive the forecast for the number of points any index is due to drop by, and we publish this for you. As dividends are scheduled, public events, it is important to remember that leveraged index traders can neither profit nor lose from such price movements. This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

JamesIG

JamesIG

Dividend Adjustments 16 July - 20 July

Expected index adjustments  Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 16th July 2018. 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: Special Divs are highlighted in orange  Special Dividends No special divs this week. How do dividend adjustments work?  As you know, constituent stocks of an index will periodically pay dividends to shareholders. When they do, the overall value of the index is effected, causing it to drop by a certain amount. Each week, we receive the forecast for the number of points any index is due to drop by, and we publish this for you. As dividends are scheduled, public events, it is important to remember that leveraged index traders can neither profit nor lose from such price movements. This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

JamesIG

JamesIG

Expected Index Dividend Adjustments 03 Sep - 07 Sep

Expected index adjustments  Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 03 Sep 2018. 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 adjustment on your account. Special Divs are highlighted in orange. Special dividends  Index Bloomberg Code Effective Date Dividend Amount UKX ADM LN 06/09/2018 19.2 AS51 WHC AU 04/09/2018 13.0 AS51 TME AU 06/09/2018 22.0 AS51 ABC AU 07/09/2018 4.0 RTY PBIP US 06/09/2018 35.0   How do dividend adjustments work?  As you know, constituent stocks of an index will periodically pay dividends to shareholders. When they do, the overall value of the index is effected, causing it to drop by a certain amount. Each week, we receive the forecast for the number of points any index is due to drop by, and we publish this for you. As dividends are scheduled, public events, it is important to remember that leveraged index traders can neither profit nor lose from such price movements.   This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

JamesIG

JamesIG

S&P hits an intraday high - EMEA brief 22 Aug

Despite Tuesday being referred to as the worst day in the Presidency of Donald Trump, the S&P touched an intraday record high and equaled its longest bull run of 3452 days, with the record expected to tumble today, baring a disaster. Dollar steady overnight following yesterday’s dip, with forex markets pretty calm across the board, although we did see a weakening in AUD, which was down 0.2%. Brent rose 0.3%, whilst US crude was up 0.5% following industry group data that signaled a larger than expected decline in US stockpiles. Gold flat 1195.56 an ounce, whilst nickel and aluminum pushed base metals up. The UK's Office for National Statistics (ONS) recorded its largest July surplus for 18 years pointing to a robust deficit reduction on the back of low unemployment and good economic growth. Morgan Stanley have removed their ratings and equity coverage of Tesla yesterday hinting that they’ve possibly joined Goldman Sachs as an advisor on the deal to take the company private. The UK’s HMRC have released figures showing the YoY change for July's residential property transactions are down 3.2% adding fuel to fear of a stagnant UK property market. Asian overnight: Japanese markets were the big outperformer overnight, as a bearish session across Chinese and Australian markets pointed towards growing fears over the outcome of today’s trade talks between the US and Chinese. The dollar remains under pressure following comments from Donald Trump who was highly critical of Jerome Powell’s handling of monetary policy. Yesterday’s record highs for the S&P 500 didn’t do enough to boost sentiment in Asia, and this apprehensive theme looks likely to continue in Europe ahead of a bearish open.  UK, US and Europe: We finally see a ramp up in economic releases, if only from the US session given the absence of any European figures. Keep an eye out for the Canadian retail sales and US existing home sales coming into play in the afternoon. Also look out for the latest crude inventories figure, with energy prices in focus amid the recent Iran and Venezuela focused volatility. Finally, the latest FOMC minutes are released at the end of the day, bringing dollar volatility back into play. The Federal Reserve meeting minutes from the last policy meeting will see investors looking for further clues relating to the pace of monetary tightening in the US. South Africa: This morning will see local inflation data released at 10am to help guide the South African Reserve Banks monetary policy program. This afternoon will see US crude inventory data out which could be  a possible catalyst for oil prices. Tencent Holdings is up 2% in Asia, suggestive of a positive start for major holding company Naspers. BHP Billiton is down another 1.2% in Australia suggestive of a negative start for the local listing this morning.  Economic calendar - key events and forecast (times in BST) 3pm – US existing home sales (July): forecast to rise 0.4% MoM from a 0.6% drop a month earlier. Markets to watch: US indices, USD crosses 3.30pm – US EIA crude inventories (w/e 17 August): expected to see stockpiles fall by 520,000 barrels. Markets to watch: Brent, WTI 7pm – FOMC minutes: no change at the latest meeting means these minutes may not provide too much in the way of new information, but given the rally in the dollar over the past month the minutes will need to strike a hawkish tone to avoid provoking a possible selloff in the greenback. Markets to watch: US indices, USD crosses Source: Daily FX Economic Calendar Corporate News, Upgrades and Downgrades Grafton Group said that pre-tax profit was 18% higher for the first half, to £57.6 million, while revenue was 9% higher at £1.45 billion.  Diploma said that it acquired FS Cables for £18 million.  Blue Label Telecoms Ltd FY18 results showed core headline earnings per share to have increased by 4% from the previous year. Bid Corporation FY18 results  showed headline earnings from continuing operations to have increased by 9.1% from the previous year. Danske Bank raised to overweight at Morgan Stanley
Lancashire upgraded to hold at Berenberg
Provident upgraded to hold at Berenberg
Rio Tinto upgraded to hold at Liberum
DNB downgraded to equal-weight at Morgan Stanley
Implenia downgraded to neutral at MainFirst
MorphoSys downgraded to hold at Commerzbank IGTV featured video Information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary. 

JamesIG

JamesIG

Expected Index Dividend Adjustments 20 Aug - 24 Aug

Expected index adjustments  Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 20 Aug 2018. 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 adjustment on your account. Special Divs are highlighted in orange  How do dividend adjustments work?  As you know, constituent stocks of an index will periodically pay dividends to shareholders. When they do, the overall value of the index is effected, causing it to drop by a certain amount. Each week, we receive the forecast for the number of points any index is due to drop by, and we publish this for you. As dividends are scheduled, public events, it is important to remember that leveraged index traders can neither profit nor lose from such price movements.   This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

JamesIG

JamesIG

Dividend Adjustments 6 Aug - 10 Aug

Expected index adjustments  Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 6 Aug 2018. 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: Special Divs are highlighted in orange  How do dividend adjustments work?  As you know, constituent stocks of an index will periodically pay dividends to shareholders. When they do, the overall value of the index is effected, causing it to drop by a certain amount. Each week, we receive the forecast for the number of points any index is due to drop by, and we publish this for you. As dividends are scheduled, public events, it is important to remember that leveraged index traders can neither profit nor lose from such price movements. This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

JamesIG

JamesIG

Dividend Adjustments 23 July - 27 July

Expected index adjustments  Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 23rd July 2018. 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: Special Divs are highlighted in orange  Special Dividends Index Bloomberg Code Effective Date Summary Dividend Amount HSI 151 HK 27/07/2018 Special Div 1.25 STI KEP SP 25/07/2018 Special Div 5 SIMSCI KEP SP 25/07/2018 Special Div 5 How do dividend adjustments work?  As you know, constituent stocks of an index will periodically pay dividends to shareholders. When they do, the overall value of the index is effected, causing it to drop by a certain amount. Each week, we receive the forecast for the number of points any index is due to drop by, and we publish this for you. As dividends are scheduled, public events, it is important to remember that leveraged index traders can neither profit nor lose from such price movements. This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

JamesIG

JamesIG

Dollar drops, four-week high for GBP - EMEA brief 30 Aug

Asia stocks pull back as weakness in China outweighs NAFTA trade U.S. - Canada trade talks are making progress Dollar drops, whilst the pound is trading at a four-week high Extend overnight rally by oil prices German and Spanish inflation stabilization in August with economists estimating a rate of 2.1% for Germany and 2.3% for Spain Brexit talks remain deadlocked  Asian overnight:  A largely bearish session overnight has seen losses across China, Australia, and Hong Kong, as the optimism sparked by the breakthrough in talks between the US and Mexico fades ahead of Friday’s deadline for Canada to ratify a new NAFTA pact. The Nikkei was the one outlier, with the index gaining marginally after a better than expected Japanese retail sales figure overnight (1.5% from 1.7%). Conversely, the Australian data releases shifted into the opposite direction, with the fall in ANZ business confidence, private capital expenditure, and building approvals helping drag the AUD lower over the session. UK, US and Europe: Looking ahead, the growth story continues, with the Canadian GDP figure following on from yesterday’s strong GDP reading out of the US. Given the context of ongoing talks between the US and Canada over trade, markets will be interested to see the shape of the Canadian economy. Markets are looking for a sharp drop in the Canadian GDP figure, from 0.5% to 0.1%. Also keep an eye out for the US core PCE inflation number, alongside the personal spending and personal income figures. South Africa: After realising record highs last night, US Index Futures are trading lower this morning as are most Asian markets, suggestive of a slightly softer start for the Jse All Share Index today. US President Donald Trump has suggested that China has been disrupting the progress relating to disarming North Korea of its Nuclear weapons, furthering geo political and trade tensions. The dollar has remained firm and in turn put some pressure on metal prices and emerging market currencies such as the rand. BHP Billiton is trading 0.2% lower in Australia, suggestive of a marginally softer start for local resource counters. Tencent Holdings is trading 1.2% lower in Asia, suggestive of a similar start for major holding company Naspers.  Economic calendar - key events and forecast (times in BST) Source: Daily FX Economic Calendar 8.55am – German unemployment (August): rate forecast to remain at 5.2%, while unemployment is expected to rise by 5000, from a 6000 drop in July. Market to watch: EUR crosses

10am – eurozone business confidence (August): expected to fall to 1.25 from 1.29. Market to watch: EUR crosses

1pm – German CPI (August, preliminary): forecast to be 1.8% YoY from 2%. Market to watch: EUR crosses

1.30pm – Canada GDP (Q2): expected to be 0.6% QoQ from 0.3%, while the annualised rate rises to 2.3% from 1.3%. Market to watch: CAD crosses

1.30pm – US personal income & spending (July), initial jobless claims (w/e 25 August): income to rise 0.3% MoM from 0.4%, and spending to rise 0.4%, in line with last month. Initial claims to rise to 212K from 210K. Markets to watch: US indices, USD crosses Corporate News, Upgrades and Downgrades WH Smith continues to see strong performance across their travel focused business, with the company continuing to open new stores in the UK and abroad. They now have 286 stores open internationally following the opening of eight stores in Madrid airport and one of six opening in Rio de Janeiro. Meanwhile, the high street continues to perform in line with expectations, with a continued focus on cost savings and margin improvements. Hays announced record international profits and total dividends for the year ended in June 2018, with net fees surpassing the £1 billion for the first time. The year saw operating profit (15%) and pre-tax profit (17%) both grow healthily, helping drive a, 18% rise in EPS. Deutsche Telecom Upgraded to buy at BofAML Vodafone downgraded to neutral at BofAML
KPN downgraded to neutral at BofAML
Worldline downgraded to hold at Berenberg Information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.   

NadelinaIG

NadelinaIG

Trader's View - APAC brief 27 Aug

Powell in Jackson Hole: Markets ended last week with all attention on US Federal Reserve Chairperson Jerome Powell’s speech at the Jackson Hole symposium. Following weeks of scrutiny from the US President Trump, particularly as it relates to the Fed’s gradual rate hiking cycle and its effects on the US Dollar, investors sat poised for insights into whether the political heat, along with growing global financial risks would derail the bank’s plans. On balance, the speech delivered by Chairperson Powell was neutral if not a little more to the dovish side, emphasizing the data dependence of the Fed’s decision making, especially regarding target-inflation.   Interest rates: Interest rate traders were hyper sensitive to the news, as they assessed what could possibly be inferred from Chairperson Powell’s speech regarding interest rate moves moving into the end of 2018 and the start of 2019. Markets changed little in terms of its pricing for the path of rate hikes at the end of this year, practically fully pricing in a rate hike at September’s meeting, and keeping steady bets that of a hike in December at around 60%. The disconnect remains in the outlook for 2019, with markets only pricing about 1 hike versus the Fed’s flagged 3, indicating traders’ lack of conviction that rates can be hiked too steeply into next year.   Tightening spreads: The remarkable move in bond markets in response to Chairperson Powell’s speech was again in the 10 Year US Treasuries, and the spread between that asset and its 2 Year equivalent. Yields on 10 Year Treasuries hovered around 2.81% to 2.82% throughout late week trade, as market’s continued to diminish the term premium on long term bonds; while the yield on the 2 Year note edged higher to 2.63%, as traders continued to factor in 2018’s flagged rate hikes from the Fed. Naturally, the effect of this dynamic narrowed the bond spread to new lows of about 19 points, reaffirming concerns of an inverted yield curve and a medium term economic slow-down.       The Greenback: The US Dollar once again eased its recent bullish run in response to the more dovish Fed, with the DXY shedding 0.54 per cent in the immediate aftermath of the news. The EUR/USD was the greatest beneficiary in the dovish Fed, tearing through the 1.15 handle to presently trade around 1.1617. The local unit also managed to recover territory against the greenback, pushing above 0.7310 resistance to end the week at 0.7330 itself. Arguably the most noteworthy move in currency markets, however, was the oft-maligned USD/CNH, which hit a near-month-long-low on the back of the dovish Fed, coupled with the statement from the PBOC earlier on Friday it would undertake “counter-cyclical” measures to support the Chinese currency.     Wall Street records: The prospect of lower long-term rates and slightly easier monetary policy pushed Wall Street to all-time highs late on Friday. The benchmark S&P500 broke through the resistance level at 2874 established during January’s record number, to close only slightly above that mark, while the booming tech-space pushed the NASDAQ to its own intraday record. The Dow Jones sits someway off its highs, with perhaps the new narrative there one of whether it can also reclaim all-time records. The expectation of lower discount rates in the US provides credence to the share-market bulls calling this market higher, with an acceleration in consumer discretionary stocks underpinning the notion that the fundamental strength of an increasingly confident US consumer will underpin further equity market gains.     ASX today: Despite the overwhelmingly positive lead handed to it by Wall Street, SPI futures are pointing to an effectively flat start to the week for the ASX200. After what must be described as a distracting week for the local share market, the futures market and our out of hours pricing indicates further sluggishness for the ASX today, surely due to confidence-sapping effects of Canberra’s leadership struggle. The index sits now just above an upward support line near 6255, which coincides with its 50-day exponential moving average. A close below here today would be quite bearish signal and would open-up a breach of support at the significant 6240-mark.   Information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

JasmineC

JasmineC

Dividend Adjustments 5 Nov - 12 Nov

Expected index adjustments  Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 5 Nov 2018. 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 adjustment on your account. Special Divs are highlighted in orange. Special dividends this week Index Bloomberg Code Effective Date Summary Dividend Amount RTY COLB US 6/11/2018 Special Div 14 RTY HFWA US 6/11/2018 Special Div 10 RTY MPX US 8/10/2018 Special Div 10 RTY NHTC US 9/11/2018 Special Div 18 SPX ROL US 8/11/2018 Special Div 14   How do dividend adjustments work?  As you know, constituent stocks of an index will periodically pay dividends to shareholders. When they do, the overall value of the index is affected, causing it to drop by a certain amount. Each week, we receive the forecast for the number of points any index is due to drop by, and we publish this for you. As dividends are scheduled, public events, it is important to remember that leveraged index traders can neither profit nor lose from such price movements. This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.     

MaxIG

MaxIG

Dividend Adjustments 30 Jul - 03 Aug

Expected index adjustments  Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 30 July 2018. 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: Special Divs are highlighted in orange  Special Dividends Index Bloomberg Code Effective Date Summary Dividend Amount RUSSELL MC US 01/08/2018 Special Div 1.5 RUSSELL JBSS US 02/08/2018 Special Div 2 RUSSELL UFCS US 02/08/2018 Special Div 3 As you know, constituent stocks of an index will periodically pay dividends to shareholders. When they do, the overall value of the index is effected, causing it to drop by a certain amount. Each week, we receive the forecast for the number of points any index is due to drop by, and we publish this for you. As dividends are scheduled, public events, it is important to remember that leveraged index traders can neither profit nor lose from such price movements.How do dividend adjustments work?  This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

JamesIG

JamesIG

Dividend Adjustments 17 Sep - 21 Sep

Expected index adjustments  Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 17 Sep 2018. 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 adjustment on your account. Special Divs are highlighted in orange. Special dividends  You can see the special dividends listed below. Unfortunately we do not have granular insight on the effect on the index for the index in question, however the below maybe helpful for some. Please note the dates below are the stock adjustments in the underlying individual instrument, whilst the index div adjustments are taken out the day before on the IG platform at the cash close. Index   Bloomberg Code Effective Date Dividend Amount AS51   QUB AU 18/09/2018 28.571 TOP40   OMU SJ 19/09/2018 100 AS51     SPK AU 20/09/2018 19.375 XIN9I   601857 CH 21/09/2018 2.22 HIS   27 HK 21/09/2018 50 AEX   RAND NA 24/09/2018 69 How do dividend adjustments work? As you know, constituent stocks of an index will periodically pay dividends to shareholders. When they do, the overall value of the index is affected, causing it to drop by a certain amount. Each week, we receive the forecast for the number of points any index is due to drop by, and we publish this for you. As dividends are scheduled, public events, it is important to remember that leveraged index traders can neither profit nor lose from such price movements. This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

JamesIG

JamesIG

Dividend Adjustments 29 Oct - 02 Nov

Expected index adjustments  Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 29 Oct 2018. 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 adjustment on your account. Special Divs are highlighted in orange.   Special dividends this week You can see the special dividends listed below. Unfortunately we do not have granular insight on the effect on the index for the index in question, however the below maybe helpful for some.  Index Bloomberg Code Effective Date Summary Dividend Amount AS51 IAG AU 31/10/2018 Special Div 7.8571 IBEX ITX SM 31/10/2018 Special Div 21 SX5E ITX SM 31/10/2018 Special Div 21 RTY COLB US 06/11/2018 Special Div 14 RTY HFWA US 06/11/2018 Special Div 10 How do dividend adjustments work?  As you know, constituent stocks of an index will periodically pay dividends to shareholders. When they do, the overall value of the index is affected, causing it to drop by a certain amount. Each week, we receive the forecast for the number of points any index is due to drop by, and we publish this for you. As dividends are scheduled, public events, it is important to remember that leveraged index traders can neither profit nor lose from such price movements. This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

JamesIG

JamesIG

Dividend Adjustments 02 July - 06 July

Expected index adjustments  Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 2nd July 2018. 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: Special Divs are highlighted in orange  Special Dividends You can see the special dividends listed below. Unfortunately we do not have granular insight on the effect on the index for the index in question, however the below maybe helpful for some. Please note the dates below are the stock adjustments in the underlying, whilst the index div adjustments are taken out the day before on the IG platform at the cash close. How do dividend adjustments work?  As you know, constituent stocks of an index will periodically pay dividends to shareholders. When they do, the overall value of the index is effected, causing it to drop by a certain amount. Each week, we receive the forecast for the number of points any index is due to drop by, and we publish this for you. As dividends are scheduled, public events, it is important to remember that leveraged index traders can neither profit nor lose from such price movements. This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

JamesIG

JamesIG

What will happen to the price of bitcoin if the SEC approve an ETF?

Cryptocurrencies have been going through a period of relative stability, which is almost unheard of for the asset class that gained notoriety for its volatile price movements. The stock market selloff that punished the tech sector in the first half of October coincided with Bitcoin losing 7.5% of its value in a single day. Does this correlation in market movements suggest that as Bitcoin and other cryptos have become more mainstream, and adoption by centralised financial institutions has risen, the price is now at the mercy of the same institutions and financial markets it was seeking to circumvent? Or could the selloff be more indicative of general investor sentiment at that time when confidence in the markets was low? One interpretation of the current market movement suggests that the correlation between the crypto class to the major indices are largely unrelated. This interpretation may be supported by the fact that as the more traditional markets have continued to fall through October (with tech having its worst month in a decade) bitcoin’s price action has remained stable, whilst simultaneously seeing a 17-month low volatility rate, even with yesterday’s 2% fall. Technical analysis of the price of Bitcoin shows that the coin was hitting its resistance line and the markets were already likely to turn bearish. The below chart illustrates a falling wedge formation with an almost horizontal support of $6000 that has developed since the February market sell off which shows bitcoins price consolidate and volatility reduce. The wedge shows that the support and resistance lines are expected to congregate by early November but it’s important to remember that a breakout can occur at any time as the price boundaries tighten as investors may take any breach of these lines as an indication of the future price of Bitcoin over the medium to long term. The fake-out of Monday the 10th suggests that investors are poised for any news that can drive price action.      Coinciding with this November timeline is a deadline set by the SEC to allow the public to submit opinions on whether to allow Bitcoin ETF’s in the United States. The deadline, which has been moved from October 26th to November 5th follows the SEC’s original decision to reject the ETF’s citing a lack of compliance to prevent market manipulation. This decision by the securities authority could fundamentally define how investors perceive the currency as a further integration into financial markets is either halted again or finally given the green light. The ability for this type of announcement to move prices should not be underestimated as bitcoin hit its all-time high just six days after the first Bitcoin futures contract was announced by the CBOE. Granted this happened during an upwards trending bull market, but it undeniably added to that movement. The announcement to review the initial decision just one day after rejecting the first application, as well as a published statement of official dissent by commissioner Pierce of the SEC, could indicate a potential swing in judgement from the SEC. However, this may not represent a full shift of opinion by the commission as it only takes one commissioner to open a review. Following the deadline, an official decision will not come from the SEC until they have had a chance to review the public submissions, but investors will be listening intently for any early indication of how the decision might go. More recently, reports that some of the concerns that the SEC have over introducing the ETF have been mitigated by the organisations producing the ETF’s have saw speculators expectations heighten for a prospect that at one point seemed rather unlikely. The concerns of the SEC include market liquidity, volatility, pricing and market manipulation. However, proponents have argued that the SEC’s demand for a ‘significant’ futures market allowed them to be non-committal as they have not defined what they classify as significant. The imminence of impending large technical and fundamental focal points implies we may be on the brink of a spike in volatility but what price can investors reasonably expect the currency to move to if the market were to shift? The previous decision by the SEC preceded a $400 dip in the price of the coin in one day and fell back down almost $2000 in the following two weeks to the previously mentioned support level of $6000. Speculators may be hoping a reversal in the decision could see Bitcoin return to $8000 or higher. It’s hard to predict how low the price could go as these prices haven’t been seen since before the all-time high but proponents of the technology wishing for continued stability will be hoping that the lack of a bitcoin ETF is already priced into the market.  

IGAaronC

IGAaronC

Dividend Adjustments 09 July - 13 July

Expected index adjustments  Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 9th July 2018. 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: Special Divs are highlighted in orange  Special Dividends No special dividends this week. How do dividend adjustments work?  As you know, constituent stocks of an index will periodically pay dividends to shareholders. When they do, the overall value of the index is effected, causing it to drop by a certain amount. Each week, we receive the forecast for the number of points any index is due to drop by, and we publish this for you. As dividends are scheduled, public events, it is important to remember that leveraged index traders can neither profit nor lose from such price movements. This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

JamesIG

JamesIG

Dividend Adjustments 12 Nov - 19 Nov

Expected index adjustments  Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 12 Nov 2018. 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 adjustment on your account. Special Divs are highlighted in orange. Special dividends this week Index Bloomberg Code Effective Date Summary Dividend Amount RTY GRC US 14/11/2018 Special Div 200 RTY TSBK US 15/11/2018 Special Div 10 RTY CFFN US 15/11/2018 Special Div 39 RTY RILY US 15/11/2018 Special Div 8 RTY CNS US 16/11/2018 Special Div 250 RTY SBSI US 20/11/2018 Special Div 2 How do dividend adjustments work?  As you know, constituent stocks of an index will periodically pay dividends to shareholders. When they do, the overall value of the index is affected, causing it to drop by a certain amount. Each week, we receive the forecast for the number of points any index is due to drop by, and we publish this for you. As dividends are scheduled, public events, it is important to remember that leveraged index traders can neither profit nor lose from such price movements. This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.  

MaxIG

MaxIG

Expected Index Dividend Adjustments 10 Sep - 15 Sep

Expected index adjustments  Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 10 Sep 2018. 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 adjustment on your account. Special Divs are highlighted in orange. Special dividends  Index Bloomberg Code Effective Date Summary Dividend Amount AS51 WOW AU 13/09/2018 Special Div 14.2857 AS51 QUB AU 18/09/2018 Special Div 2.8571 HSI 857 HK 13/09/2018 Special Div 2.22 HSCEI 857 HK 13/09/2018 Special Div 2.22   How do dividend adjustments work?  As you know, constituent stocks of an index will periodically pay dividends to shareholders. When they do, the overall value of the index is effected, causing it to drop by a certain amount. Each week, we receive the forecast for the number of points any index is due to drop by, and we publish this for you. As dividends are scheduled, public events, it is important to remember that leveraged index traders can neither profit nor lose from such price movements.   This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

JasmineC

JasmineC

Dividend Adjustments 1 Oct - 5 Oct

Expected index adjustments  Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 1 Oct 2018. 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 adjustment on your account. Special Divs are highlighted in orange. Special dividends  You can see the special dividends listed below. Unfortunately we do not have granular insight on the effect on the index for the index in question, however the below maybe helpful for some. Please note the dates below are the stock adjustments in the underlying individual instrument, whilst the index div adjustments are taken out the day before on the IG platform at the cash close. Index Bloomberg Code Effective Date  Amount   UKX BDEV LN 11/10/2018 17.3 AS51 ASL AU 03/10/2018 2.8571 RTY KRNY US 02/10/2018 16 As you know, constituent stocks of an index will periodically pay dividends to shareholders. When they do, the overall value of the index is affected, causing it to drop by a certain amount. Each week, we receive the forecast for the number of points any index is due to drop by, and we publish this for you. As dividends are scheduled, public events, it is important to remember that leveraged index traders can neither profit nor lose from such price movements. How do dividend adjustments work?    This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

JamesIG

JamesIG

Dividend Adjustment 08 Oct - 12 Oct

Expected index adjustments  Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 8 Oct 2018. 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 adjustment on your account. Special Divs are highlighted in orange. Special dividends  You can see the special dividends listed below. Unfortunately we do not have granular insight on the effect on the index for the index in question, however the below maybe helpful for some. Please note the dates below are the stock adjustments in the underlying individual instrument, whilst the index div adjustments are taken out the day before on the IG platform at the cash close. Index Bloomberg Code Effective Date Summary Dividend Amount UKX BDEV LN 11/10/2018 Special Div 17.3
How do dividend adjustments work? As you know, constituent stocks of an index will periodically pay dividends to shareholders. When they do, the overall value of the index is affected, causing it to drop by a certain amount. Each week, we receive the forecast for the number of points any index is due to drop by, and we publish this for you. As dividends are scheduled, public events, it is important to remember that leveraged index traders can neither profit nor lose from such price movements. This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

JamesIG

JamesIG

Expected Index Dividend Adjustments 25 Sep - 01 Oct

Expected index adjustments  Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 25 Sep 2018. 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 adjustment on your account. Special Divs are highlighted in orange. Special dividends  You can see the special dividends listed below. Unfortunately we do not have granular insight on the effect on the index for the index in question, however the below maybe helpful for some. Please note the dates below are the stock adjustments in the underlying individual instrument, whilst the index div adjustments are taken out the day before on the IG platform at the cash close. Index Bloomberg Code Effective Date Summary Dividend Amount UKX MRW LN 27/09/2018 Special Div 2 UKX HL/LN 27/09/2018 Special Div 7.8 NKY 1803 JP 26/09/2018 Special Div 600 HIS 1109 HK 24/09/2018 Special Div 13 AEX RAND NA 24/09/2018 Special Div 69 RTY PCH US 26/09/2018 Special Div 354 RTY KRNY US 02/10/2018 Special Div 16 How do dividend adjustments work?  As you know, constituent stocks of an index will periodically pay dividends to shareholders. When they do, the overall value of the index is effected, causing it to drop by a certain amount. Each week, we receive the forecast for the number of points any index is due to drop by, and we publish this for you. As dividends are scheduled, public events, it is important to remember that leveraged index traders can neither profit nor lose from such price movements. This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

JasmineC

JasmineC

Dividend Adjustments 26 Nov - 3 Dec

Expected index adjustments  Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 26 Nov 2018. 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 adjustment on your account. Special Divs are highlighted in orange. Special dividends this week Index Bloomberg Code Effective Date Summary Dividend Amount AS51 TNE AU 29/11/2018 Special Div 2.6429 RTY FIZZ US 29/11/2018 Special Div 290 RTY RLI US 29/11/2018 Special Div 100 RTY FULT US 30/11/2018 Special Div 4 RTY HVT US 30/11/2018 Special Div 100 RTY ITIC US 30/11/2018 Special Div 1060 RTY DHIL US 30/11/2018 Special Div 800   How do dividend adjustments work?  As you know, constituent stocks of an index will periodically pay dividends to shareholders. When they do, the overall value of the index is affected, causing it to drop by a certain amount. Each week, we receive the forecast for the number of points any index is due to drop by, and we publish this for you. As dividends are scheduled, public events, it is important to remember that leveraged index traders can neither profit nor lose from such price movements. This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.   Entry Actions  Report Entry  

MaxIG

MaxIG

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