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Sterling rallies on Brexit talks - EMEA brief 11 Sep

GBP rallies on Brexit talks and a hope for a deal before the year is out. Whilst there seems to be a break in tariff hostilities, it seen by most as only temporary. A softer yen helped support Japan's Nikkei. Asian overnight: Chinese and Hong Kong stocks were the two weak spots in a mixed overnight session, with strong gains for Japanese and Australian markets. The expected imposition of a whole raft of new US tariffs on Chinese goods has brought about further pressure on bus

JamesIG

JamesIG

Facebook to create a Cryptocurrency for Whatsapp- EMEA Brief 21 Dec

Facebook Inc. works on its plans to create a cryptocurrency allowing money to be transferred on Whatsapp, focusing on the remittances market in India first Chinese stocks become one of the worst performers globally as the Shanghai composite and Shenzhen index fall over 20% and 30% respectively this year US Futures show a slight incline in performance for stocks on Wall Street, following a fall for the second day in a row. Dow Jones Industrial Average suggests an opening gain over a

KatherineIG

KatherineIG

Apple Announcement to take place in Brooklyn today - EMEA Brief 30 Oct

Apple hosting event in Brooklyn today, starting at 2pm UK time. New iPad announcements expected UK Chancellor Philip Hammond announced plans to implement Digital Services Tax from April 2020 UK government’s “Cryptoasset Taskforce" published its final report yesterday outlining a range of regulatory steps around crypto assets  Bitcoin dropped $200 after two weeks stagnating around $6,400. Having achieved earlier this month a 17-month low volatility rate the perception that i

MichaelaIG

MichaelaIG

Trump backs tariffs and threatens to quit WTO - EMEA brief 31 Aug

Trump back introduction of tariffs on $200 billion worth of Chinese goods in ongoing trade dispute with China US president also threatens to withdraw the United States from the World Trade Organisation "if they don't shape up", claiming unfair treatment US & Canadian leaders optimistic in reaching revised NAFTA agreement by today's deadline Panasonic are set to move their European base outside of London to mitigate risk going into Brexit Argentinian government rai

Hassan

Hassan

'Bellwether' copper slides - EMEA brief 6th July

Trump tariffs now in effect, however markets have generally priced this in. Fed hints at last nights FOMC that it could raise rates twice more this year. Greenback gains removing some of the earlier gains from GBPUSD. Carney warns that Trumps trade tariffs could damage the global economy knocking up to 2.5 percentage points of global growth over three years, but has warned Trump that these tariffs will hurt the US the most. Carney still upbeat about UK growth. New figures sh

JamesIG

JamesIG

ProRealTime Automated Strategy Email Notifications

Hi all - I just wanted to update you on a great new feature which has been implemented on the back of client feedback! For all ProOrder automated trading users of ProRealTime, you can now have an email automatically sent whenever your trading strategy is: Stopped (for any reason) Due to expire in x days This is obviously a great new addition to the PRT offering helping you keep in control of your automated strategies whilst they're running but you're not at your computer. We'

WillA

WillA

China to cut US car tariffs from 40% to 15%- EMEA Brief 12 Dec

Asia stocks were higher Wednesday morning; Nikkei 225 rising over 2%, ASX 200 up by 1.25% and Hang Seng Index around 1.36%. This was followed by the news of China to cut US car tariffs from the planned 40% to 15%, the same tax charge on car imports from other countries May traveled on Tuesday back to Europe to try and gain a few more concessions from the European side, in regards to the Brexit deal. It is rumoured that 48 letters of no longer supporting May have been sent. May to face a v

KatherineIG

KatherineIG

Could Bitcoin have finally found stability? - EMEA Brief 19 Dec

Bitcoin could have bottomed as its priced stabilized after the big disappointment it gave earlier this year. As the cryptocurrency has corrected 80-90% multiple times in the past, the slump this year could only be another bump in the road. However, scalability issues flog the currency as its promoters try to entail it in the real economy. Is the crypto market ready for another roller-coaster? Oil temporarily bottomed after falling 7%, amidst concerns over the strength of global trade. Wes

IG-Andi

IG-Andi

Trump and Mexico to replace NAFTA - EMEA brief 28 Aug

Trump and Mexico reach trade to key parts of a trade deal to replace the current ‘NAFTA’ agreement. S&P 500 and Nasdaq closing at record highs for the second consecutive session. Dow finished above 26000 for the first time since February. Turkish lira sees a fresh sell off after a week long national holiday as investors don’t see an end to the US row. Netflix sees the appointment of a new communications officer, previously top executive to Facebook. Statement issu

NadelinaIG

NadelinaIG

Dividend Adjustments 31 Dec - 7 Jan

Expected index adjustments  Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 31 Dec 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 ad

MaxIG

MaxIG

USMCA replaces NAFTA, CAD rises - EMEA Brief 1 Oct

The U.S. and Canada agreed to a trade deal that would preserve a three-way bloc with Mexico, setting the stage for their leaders to sign the accord by the end of November. The new deal will be called the U.S.-Mexico-Canada Agreement, or USMCA. Mexican peso and Canadian dollar gains as uncertainty is lifted and greater stability takes hold of the Americas. The euro was hit by worries about a rise in Italy's fiscal deficit after the Italian government agreed to set a higher than expe

IG-Andi

IG-Andi

Trade wars grow more global; Dollar reserve risks; a host of fundamental themes - DailyFX Key Themes

Trump Using Mexico as a Trade War Warning to China? In a surprise move, the United States is now fighting a full trade war on two fronts as of this past week. With the path to a US-China compromise still lacking any clear hand holds, US President Donald Trump announced a wholly unexpected  economic move against neighbor Mexico this past Thursday evening. According to his tweet, the United States would charge a 5 percent import tax on ALL Mexican goods coming into the country as of June 10th

JohnDFX

JohnDFX

ECB and BoE Rate Decisions, New Territory in Trade Wars, Global Political Risks - DFX key themes

Important European Central Bank Rate Decisions As we find distraction in trade wars and political risk, it is important to remember that we are still dealing with more traditional fundamental issues in the background. One of the most systemically important and extremely underpriced risks is the global market’s long-standing dependency on massive stimulus from the world’s largest central banks. That wave of easy money through massive rate cuts and largest stimulus programs has noticeably rec

JohnDFX

JohnDFX

Economic stagnation; ECB and other central banks; range trading - DailyFX Key Themes

Growth Takes Center Stage with Peoples’ Congress and OECD Forecasts  Most investors and traders attempt to project into the future in order to take advantage of large market moves before they are priced in and the trend potential is spent. That is perhaps the most basic precept of speculation, yet it also brings with it a range of collective cognitive biases. One such mass psychological distortion is a prioritization of the means over the ends. When looking back to the 2008 financial crisis

JohnDFX

JohnDFX

Legalisation results in Cannabis Stock Slip - EMEA Brief 18 Oct

Following Brussels summit Theresa May hints the UK may consider longer transition period resulting in the UK remaining tied to the Euro bloc's rules for a period of 21 months after the exit day Trump escalates economic confrontation with Beijing by announcing his intention to withdraw the US from China Shipping Treaty Cannabis stocks slipped after Canada’s legalisation. Aurora Cannabis Inc posting a 15% slide shortly after market opened yesterday. Popular ETFs  ETFMG Alternative Ha

MichaelaIG

MichaelaIG

Conservative Conference, Cable in Spotlight - EMEA Brief 02 Oct

Hong Kong’s Hang Seng index pulled back last night with gambling shares having a bad time after falling revenues in Macau's casino region. US-Sino tensions rise as a US ship enters Chinese territory. Stay on top of currency markets as trade war tensions rise with #IGForexChat. The financial and healthcare sectors pushed the ASX lower whilst China remained closed for another public holiday. Bank of Australia holds cash rate at 1.5%. Japan’s Nikkei was the lone star in the Asian over

IGAaronC

IGAaronC

US Sanctions, Currency Wars and Financial Crises - DFX Key Themes

It is Not Wise to Start Financial Fires in a Market so Parched for Value The financial markets find themselves in between two storm fronts. On the one hand, there is the seasonal liquidity drain that is associated with Summer trade. More historical norm than actual exchange closures, the ‘Summer Doldrums’ present a consistent curb on volume, open interest, volatility and productive trend year after year. However, the restraint is not guaranteed. Though not as common as those Fall (for the N

JohnDFX

JohnDFX

Galaxy Fold: Future or Gimmick Feature? - EMEA Brief 21 Feb

Samsung announced the Galaxy Fold the first consumer available phone to feature a folding display. The new phone also comes with a $1,980 price tag.   Barclays report full-year net profit of £1.4 billion for 2018, pulling back from 2017's significant losses.  Theresa May reports positively about Brussels talks but is it too little too late after three Tory MPs quit the party to join an independent group yesterday. Google have stated that the omission of the Nest Guard home a

MichaelaIG

MichaelaIG

Brexit is a hell of a ride - EMEA Brief 07 Feb

Theresa May is set to meet with European leaders today to have crucial talks about amending her Brexit proposal with all of the focus on the Irish backstop. She flies to Brussels a day after European Council president Donald Tusk faced backlash after he claimed there is 'a special place in hell for Brexiteers'. The Bank of England is set to announce its rate decision today at noon, with forecasts expecting rates to be unchanged until some of the Brexit uncertainty has passed. US in

DanielaIG

DanielaIG

Barrick Gold Announces Plan to Acquire Newmont Mining - EMEA Brief 26 Feb

Barrick Gold has announced an unsolicited plan to merge with Newmont Mining in a $19 billion all-share transaction. The merger, if successful, would create the world's largest gold mining company and could potentially re-shape the industry, along with gold prices. This comes after Barrick completed their $6.1 billion acquisition of Randgold Resources last month.  Tesla shares fell almost 5% yesterday after the SEC asked a judge to hold CEO, Elon Musk, in contempt for failing to abide by a

JoeIG

JoeIG

Trade War 'Relief', Key Rate Decisions and Apple Earnings - DailyFX Key Themes

Trade War Relief, But How Much? Finally, some trade war respite. Or at least, what looks like relief. Following week after week of steadily escalating threats and a few decisive actions (and retaliations) along the way, there was finally a joint statement of agreement between key global leaders. Following their meeting in Washington DC, US President Donald Trump and European Union President Jean Claude-Juncker issued a statement of success this past Wednesday. Any pause in this quickly bal

JohnDFX

JohnDFX

Markets bounce on US - China trade talks - EMEA brief 17 Aug

Asian shares gain on US - China trade talks, whilst USD dips. Rating agency Fitch warned that the chance of a Brexit no deal is a ‘growing possibility’, and uncertainty is so great that it’s impossible to accurately predict a likely outcome. Reports that Amazon is looking to launch its own comparison site sent ripples through the UK listed rivals moneysupermarket, gocompare, and confused.com owner Admiral. Aftershocks of World Cup fever and the good weather are seen in risin

JamesIG

JamesIG

China-US cease-fire in jeoprady as Huawei CFO is arrested in Canada - EMEA Brief 06 Dec

Huawei CFO Meng Wanzhou was arrested in Canada where she faces extradition to the US for violating US sanctions, leading to growing tensions between the China and US that create further doubt about the cease-fire on the tariff war declared over the weekend. Shares in Asian suppliers to Huawei sank on Thursday after the arrest was made pubic. Asian markets fell on Thursday ahead of the highly awaited OPEC meeting to be held in Austria today. The Hang Seng was down 2.62%, the Nikkei fell 1.

DanielaIG

DanielaIG

Will 2018's turbulence continue into the New Year? - EMEA Brief 31 Dec

China's stock market leads 2018 losses with both major indexes, the Shanghai composite and the Shenzhen component each facing annual declines of over 24%. 2018 saw both Australia and Hong Kong's benchmark indexes face annual declines. The ASX 200 falling 6.9% compared to its 2017 closing, whilst the Hang Seng index saw around a 13% decline compared to 2017.  China's manufacturing sector contracted for the first time in two years.. The official Purchasing Manager's Index reporting a

MichaelaIG

MichaelaIG

Trump and Rouhani exchange words - EMEA brief 26 Sep

Asian stocks are broadly higher ahead of the Fed rate decision later today, whilst the NZ dollar is buoyed by higher business confidence.  Trump and Iranian President Hassan Rouhani came to a head at the UN General Assembly on Tuesday with the US President vowing more sanctions against Tehran, whilst President Rouhani suggested that Trump suffers from a "weakness of intellect." Trump is really trying to bring the price of oil into play before the midterms as high oil prices could hit the

JamesIG

JamesIG

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