RBA pauses rate hike for July but warns it may increase in the future.
Source: Bloomberg
Indices Inflation Market Wage growth Interest rate ASX
Tony Sycamore | Market Analyst, Australia | Publication date: Tuesday 04 July 2023
We are pleased to provide you with a table that shows the number of days' worth of overnight funding fee you will be charged if you keep a forex position open on a particular day. The overnight funding fee is the cost of holding a position overnight through 10 PM UK time, and it is charged at the end of each trading day. This fee is calculated based on the size of your position and the interest rate differential between the two currencies involved in the trade plus the IG admin fee.
To help
Please see the interest rates that are used when IG calculates the overnight funding rate (per annum) on shares and indices. This does not include the IG admin fee. The information provided is an indication as of 3rd July 2023 and will be published weekly on Mondays.
*** It's important to note that the rates are subject to daily changes and are based on the currency of the underlying market, not the contract currency.
Take a quick poll and vote
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 3rd Jul 2023. These are projected dividends and are 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. The amount in brackets is the expected adjustment after special dividends are excluded (where shown on major indices). Dividend adjustments due to be p
As we approach the halfway mark of 2023, the ASX200 is up a tepid 2.24% for the Calendar Year to Date (CYTD).
Source: Bloomberg
Indices Commodities S&P/ASX 200 Inflation Interest Interest rates
US stock indices rebounded overnight, supported by the release of robust US economic data that eased slowdown concerns. Find out below what comes next.
Source: Bloomberg
Indices Stock market index S&P 500 Dow Jones Industrial Average United States Federal Reserv
Market participants seem to take comfort in a series of stronger-than-expected economic data out of the US, with economic resilience being the takeaway and calmed some nerves for an impending recession.
Source: Bloomberg
Yeap Jun Rong | Market Strategist,
The Nasdaq100 has led global equity markets higher in the first half of 2023, but what happens next for technology heavy US index?
Source: Getty Images
Indices Shares Stock market index Nasdaq Nasdaq-100 Stock
After Wagner’s weekend getaway in Russia, commodity traders may wish to prepare for peace in Ukraine.
Source: Bloomberg
Forex Shares Commodities Russia Ukraine Wheat
Wall Street added to recent losses overnight, as the moderation from previous overbought technical conditions and extreme bullish sentiments continues.
Source: Bloomberg
Forex Indices European Central Bank EUR/GBP Euro Inflation
Last Friday brought another downbeat session in Wall Street, with the S&P 500 adding to recent losses to close 1.4% lower for the week.
Source: Bloomberg
Indices Commodities Personal consumption expenditures price index Natural gas Relative strength index Gas
The S&P 500’s 2023 growth appears dependent on slowing rate rises and AI advances. But with high inflation seemingly implacable, the FTSE 100 seems similarly uncertain.
Source: Bloomberg
Forex Indices Shares FTSE 100 Inflation S&P 500
Fed Chair Jerome Powell reiterated his hawkish tone but Wall Street seems to be taking it in stride this time, with the S&P 500 and Nasdaq overturning their three-day losing streak.
Source: Bloomberg
Forex Indices Commodities United States dollar Currency Bank o
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 26th Jun 2023. These are projected dividends and are 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. The amount in brackets is the expected adjustment after special dividends are excluded (where shown on major indices). Dividend adjustments due to be
While the Fed has largely retained its hawkish tone at the latest meeting, speculations for a quicker policy shift from the BoJ have not been receiving much validation by policymakers thus far.
Source: Bloomberg
Forex Bank of Japan Japanese yen USD/JPY Central bank
Nikkei 225 has been the clear outrunner year-to-date, surging more than 30% to cross the 33,000 level for the first time since 1990. What’s ahead for the index?
Source: Bloomberg
Indices Japan Investment Nikkei 225 Corporate governance Market trend
Hi All, There’ll be a few changes to our opening hours over the US Independence Day period (all times BST if not specified):
Monday 3 July 2023
US equities close early at 6 pm (1 pm ET). All Sessions shares will be available to trade until 10 pm (5 pm ET)
VIX futures close early at 6.15 pm (12.15 pm CT) and reopen at 11 pm (5 pm CT)
Tuesday 4 July 2023
US equities and soft commodities
How high can Microsoft’s stock climb?
Source: Bloomberg
Shares Microsoft Price Artificial intelligence Share price Market trend
Chris Beauchamp | Chief Market Analyst, London | Publica
Tesco's share price remains flat after the UK’s grocery market leader reported resilient first quarter earnings. Where next for the FTSE 100 stalwart?
Source: Bloomberg
Indices Shares Tesco Inflation Retail FTSE 100
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 19th Jun 2023. These are projected dividends and are 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. The amount in brackets is the expected adjustment after special dividends are excluded (where shown on major indices). Dividend adjustments due to be
The Federal Reserve maintained interest rates unchanged in June’s FOMC meeting. However, what came as a surprise to the market were the following three crucial signals delivered by the Federal Reserve.
Source: Bloomberg
Federal Reserve Forex United States Inflation
The conclusion of the June meeting has seen the Fed keeping rates on hold in a widely-anticipated move, but a high-for-longer rate outlook seems to be on the horizon.
Source: Bloomberg
Forex Indices Commodities Federal Reserve Federal Open Market Committee United St
The BoJ is set to hold their monetary meeting across 15 – 16 June 2023, while speculations for a quicker policy shift from the BoJ have not been receiving much validation by policymakers.
Source: Bloomberg
Forex Bank of Japan Japan Inflation USD/JPY United States do
Further cooling in US inflation reflects some degree of success in policy moves thus far and provides room for the Fed to put on some wait-and-see at the upcoming FOMC meeting.
Source: Bloomberg
Forex Indices Inflation Federal Reserve Federal Open Market Committee G