A review of last week, and a look at the week ahead: corporate earnings are beginning to reflect recession risks.
Kyle Rodda | Market Analyst, Australia | Publication date: Tuesday 08 November 2022
This issue of Investor Spotlight is brought to you by IG, with Kyle Rodda, Market Analyst and ausbiz presenter.
Corporate earnings are beginning to reflect recession risks.
Major US indices ended last Friday on a positive tone but remains down for the week after the Fed’s hawkish guidance drove a recalibration of rate hike expectations.
Source: Bloomberg
Forex Indices United States Inflation United States dollar Federal Reserve
Rolls-Royce shares are still hailed the FTSE 100 ‘jewel in the crown’ of British engineering. But the short-term focus will be on cash flow and civil aerospace.
Source: Bloomberg
Indices Shares FTSE 100 Roll-Royce Debt Interest
A recalibration of market expectations for a more hawkish Fed post-meeting translated to a fourth consecutive day of decline for US indices, as Treasury yields continued its way higher and uplifted the US dollar.
Source: Bloomberg
Forex Indices Commodities United States GBP/USD Federal
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 7th November 2022. These are projected dividends and likely to change. IG cannot be held responsible for any changes made.
Dividends highlighted in red include a special dividend, therefore some or all of the amount will not be adjusted. Amount in brackets is the expected adjustment after special dividends excluded (where shown on major indices). Dividend adjustments due to be posted o
The Australian Central Bank has now raised interest rates by 2.75% over seven months and continues to signal further tightening with a focus on the labour market and domestic demand.
Source: Bloomberg
Forex Inflation AUD/USD United States dollar Australian dollar Interest
While the Federal Reserve delivered its fourth straight 75 bps increase on Wednesday, the “slower but higher” prospect saw the S&P 500 suffer its worst loss on a Fed decision day since January 2021.
Source: Bloomberg
Forex Indices Shares Jerome Powell United States Inflation
Friday’s US jobs report at risk of finally showing weakness in the employment market as rising rates and elevated inflation take a toll
Source: Bloomberg
Joshua Mahony | Senior Market Analyst, London | P
Find out what to expect from Uber’s earnings results, how they will affect Uber share price, and how to trade Uber’s earnings.
Source: Bloomberg
Shares Price Uber Employment Relative strength index Lyft
Mo
IAG shares are in the spotlight as the FTSE 100 carrier returns to profitability amid speculation it’s eyeing up a potential takeover of easyJet.
Source: Bloomberg
Indices Shares International Airlines Group British Airways EasyJet FTSE 100
US two-year Treasury yields pushed higher overnight, reflecting increased doubts that the Fed may not signal for a clear downshifting in rate hikes as what many would expect.
Source: Bloomberg
Forex Indices Shares Federal Open Market Committee Dow Jones Industrial Average United States
Walt Disney earnings put the spotlight back on Disney+ subscribers, with park earnings back to pre-pandemic levels
Source: Bloomberg
Joshua Mahony | Senior Market Analyst, London | Publication date: Tuesday 01 November 2022
Cautious sentiments seem to have caught up with further yields rise this week, coupled with some de-risking in the lead-up to this week’s FOMC meeting.
Source: Bloomberg
Forex Indices Commodities Federal Reserve United States dollar Federal Open Market Committee
The Federal Reserve are likely to raise rates by 75-basis points, but volatility looks likely as we look for signals of where rates will end up.
Source: Bloomberg
Joshua Mahony | Senior Market Analyst, London | Publication date: Monday 31 October 2022
The oil and bank-heavy FTSE 100 index has stood firm through most of 2022. But windfall taxes and global recession could see the tides turn soon.
Source: Bloomberg
Indices Shares Commodities Lloyds Banking Group Shell plc FTSE 100
Advanced Micro Devices is expected to report its earnings on November 1st after the market closes.
Source: Bloomberg
Shares Advanced Micro Devices Price Nvidia Revenue Lisa Su
Hebe Chen | Market Analyst, Melbourne | Publication date: Friday 28 October 2022
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 31st October 2022. These are projected dividends and likely to change. IG cannot be held responsible for any changes made.
Dividends highlighted in red include a special dividend, therefore some or all of the amount will not be adjusted. Amount in brackets is the expected adjustment after special dividends excluded (where shown on major indices). Dividend adjustments due to be posted o
Australia reported 32-year high inflation at 7.3% on Wednesday, beating market expectations and sparking questions over the central bank’s monetary policy shift.
Source: Bloomberg
Forex Inflation Consumer price index Australia Central bank Bank
Hebe Chen | Market Analyst, Melbourne
An initial rally in Wall Street eventually fizzled into the close, as a defensive lean was presented with further big tech earnings releases on the calendar.
Source: Bloomberg
Forex Indices United States dollar United States S&P 500 GBP/USD
Persimmon, Vodafone, and Rio Tinto could be three of the best FTSE 100 stocks to buy next month for UK dividend investors.
Source: Bloomberg
Indices Shares Commodities Dividend United Kingdom Vodafone
Near-term reprieve in the US dollar and broad-based decline in Treasury yields provided some room for US equities to continue with its rally, but after-market sentiments saw some jitters.
Source: Bloomberg
Forex Indices United States dollar United States USD/CNH Mar
The ECB look likely to implement a 75bp rate hike, with traders looking out for clues over where policy and economic data goes from here
Source: Bloomberg
Joshua Mahony | Senior Market Analyst, London | Publication date: Tuesday 25 October 2022
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