Global equity markets moved lower after central bank rate hike bets increased; the week ahead includes rate decisions from the FOMC, BoJ, BoE and SNB and market sentiment likely hinges on how traders interpret the FOMC decision.
Source: Bloomberg
Forex Federal Open Market Committee Rec
The Australian dollar may have to deal with a relatively dovish RBA; unterest rate differentials and commodities are working against the Aussie and if the Fed kicks in a jumbo hike this week, will AUD/USD go lower?
Source: Bloomberg
Forex Commodities Federal Reserve Australian dollar A
The attempt for the S&P 500 to hold above an upward trendline yesterday proved to be short-lived, with the trendline break suggesting no sign of relief for risk sentiments.
Source: Bloomberg
Indices Shares Commodities United States S&P 500 Petroleum
Crude oil and gold prices fell sharply on Thursday as volatility struck; supportive US economic data bolstered the case for a hawkish Fed and traders eyeing University of Michigan sentiment before the weekend.
Source: Bloomberg
Commodities Forex Gold Price Petroleum Federal Reserve
In this week’s Trading the Trend, Axel Rudolph FSTA looks at the downward trend of GBP/USD, going short with a stop-loss at $1.1740 with a downside target of $1.10, and the potential to reach lows not seen since 1985.
Forex GBP/USD
Jeremy Naylor | Writer, London 16 September 2022 13:26
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 19th September 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
The recent lift in Australia’s unemployment rate may allow the RBA to consider slowing down the rising interest rate as early as October.
Source: Bloomberg
Indices Unemployment ASX Australian Securities Exchange Labour economics Australian Bureau of Statistics
Lumber prices start to recover as we approach key Friday deadline for US freight negotiations. Should they fail, nationwide strikes could help bring a renewed bottom as supply grinds to a halt
Source: Bloomberg
Joshua Mahony | Senior Market Analyst, London | Publication date: Wednesday 14 September 2022
Some late-night dip-buying revealed an attempt by major US indices to stabilise, coming after their worst sell-off since June 2020.
Source: Bloomberg
Forex Indices United States Japanese yen USD/JPY Inflation
Hotter-than-expected August inflation print in the US had overturned hopes of a quicker Fed policies’ pivot, with talks of a 100 basis-point hike in September on the table.
Source: Bloomberg
Forex Indices Shares Commodities Inflation United States
Lake Resources shares have been in sensational form over the past three months as share prices climbed 20% last week, 80% higher since mid-July.
Source: Bloomberg
Indices Lithium ASX Technical analysis Stock market
Lake
EUR/USD and GBP/USD regain more of their recent losses while EUR/GBP looks to be capped.
Forex Euro Pound sterling EUR/USD GBP/USD EUR/GBP
EUR/USD probes resistance after last week’s 75-basis point ECB rate hike
Four stocks to watch following the end of August's earnings period.
Indices Shares Stock ASX Market sentiment
This issue of Investor Spotlight is brought to you by IG, with Kyle Rodda, Market Analyst and ausbiz presenter.
The FTSE 250 is taking the brunt of the cost-of-living crisis and recession fears with it heading towards its biggest ever annual underperformance versus FTSE 100.
Source: Bloomberg
Forex Indices Shares Commodities FTSE 100 United Kingdom
Darktrace shares have collapsed once again after Thoma Bravo exits takeover talks, despite posting excellent full-year results.
Source: Bloomberg
Shares Darktrace Mike Lynch HP Autonomy Takeover Hewlett-Packard
Weak earnings could make DroneShield shares an interesting buying opportunity for investors with a healthy risk appetite.
Source: Bloomberg
Indices Shares Australian Securities Exchange Software as a service ASX War
Are WTI and Brent crude oil prices a trading opportunity as they move to oversold territory after G7 and OPEC+ news?
Source: Bloomberg
Shaun Murison | Senior Market Analyst, Johannesburg | Publication date: Wednesday 07 September 2022
The euro has had some reprieve against a staunch US dollar; a hawkish ECB might suit the euro against the Japanese yen and if the ECB raises rates by 75 bp today, where will it send EUR/USD?
Source: Bloomberg
Forex European Central Bank Federal Reserve United States dollar Central bank
USD/JPY rallies to a fresh yearly high as it extends the series of higher highs and lows from earlier this week.
Source: Bloomberg
Forex United States dollar Japanese yen USD/JPY Federal Reserve Exchange rate
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 12th September 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
Coming back from the holiday break, intermittent attempts to rebound for the major US indices overnight failed to sustain as selling pressure continues to overcome previous dip-buying efforts.
Source: Bloomberg
Forex Indices Japanese yen USD/JPY Federal Reserve China
The ECB are widely expected to implement a 75bp rate hike, but an ongoing energy crisis and euro devaluation mean that inflation will likely continue to rise.
Source: Bloomberg
Forex Inflation European Central Bank Euro Monetary policy Eurozone