Forex United States dollar Currency Bank of Japan Pound sterling Federal Reserve
Global financial markets moved diligently to price in the latest action from the Federal Reserve last week when Mr. Powell’s FOMC raised the US benchmark rate by 75-basis-points. The jumbo rate hike tempered inflation expectations, and perhaps returned some credibi
Stocks have struggled during the first half of 2022, but the second half doesn’t appear to offer much relief from fears about high inflation, slowing growth and falling earnings.
Shares Stock Inflation Central bank Stock market Investor
Sainsbury’s shares are down 25% year-to-date. But the FTSE 100 company could be an attractive buying opportunity for private equity firms.
Indices Shares Commodities Sainsbury's FTSE 100 Private equity
Central Banks: Market Recap
1. RBA Market Recap
The RBA have made it clear that the inflation fight is on, hiking 0.5%; AUD/USD leapt half a cent on the news, but is struggling to hold the gains and the RBA have joined the race. Will AUD/USD be the beneficiary?
The Australian dollar flew higher after the RBA joined the jumbo rate hike brigade by lifting the cash rate by 50 basis points to 0.85% from 0.35%.
The market had mostly been
The knee-jerk rally coming after the FOMC meeting has proven to be short-lived as sentiments quickly took a turn yesterday, following the surprise hike from the SNB.
Forex Indices Inflation Bank of Japan Central bank Euro
Dear IG Community,
Please find below the changes of trading hours for Juneteenth bank holiday (US)
All times are UK Time. Monday 20th June
Brent Crude and Gas Oil futures close early at 6.30pm.
US index futures close early at 6pm. We’ll make an out-of-hours price on Wall Street, US 500, US Russell 2000, FANG Index and US Tech 100 from 6pm until the futures reopen at 11pm.
US equities and soft commodities are closed.
US interest rates close early at 6pm.
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 20th June 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 on a
The US dollar is backing down even after the Fed’s 75 bp hike and GBP/USD is breaking out despite the Bank of England disappointing with a 25 basis point move while expecting inflation to hit as high as 11% later this year.
The US government asked Aussie baby food maker Bubs to send 1.25 million tins to feed America’s youngest and hungriest. Bubs shares soared 40% on the news. But can these little American babies support this valuation past July?
Valuation Revenue United States Profit Ma
The share prices of both ASOS and Boohoo are plunging as the cost-of-living crisis begins to bite into fast fashion.
Shares Boohoo.com ASOS Price Profit United Kingdom
Charles Archer | Fi
Apple share price rout continues. Now is probably not the right time (yet) to buy the stock despite the company entering the BNPL space.
Shares Apple Inc. Apple Pay Credit Price Apple Worldwide Developers Conference
The BoJ is set to hold their monetary meeting across 16 – 17 June 2022, with the central bank expected to remain an outlier among other global central banks in monetary policies.
Forex Bank of Japan Central bank Bank Japanese yen Interest
The FOMC meeting outcome was met with a positive reaction from the US equity markets despite the Fed delivering a 75 basis-point hike to a range of 1.5% and 1.75%.
Forex Indices Shares Federal Reserve United States S&P 500
Some pre-FOMC dollar weakness has allowed the euro and sterling to make some gains against the dollar, while USD/JPY is lower in early trading.
Forex United States dollar Euro Japanese yen Pound sterling USD/JPY
EUR/USD makes headway
The US equity markets came in mixed overnight, largely taking a breather from their recent sell-off, along with some wait-and-see ahead of the FOMC meeting outcome.
Forex Indices Shares Federal Reserve China GBP/USD
Dow Jones and Nasdaq 100 suffering as Fed faces credibility test; will a 75-basis point rate hike, or more, restore risk appetite next? Both indices are trying to confirm breakouts under key support.
Indices Shares Central bank Dow Jones & Company Risk Inflation
Australian dollar falls versus US dollar as markets prep for Fed action; natural gas markets see volatility surge after US terminal incident and AUD/USD approaches critical point of resistance near May low.
Forex Commodities United States AUD/USD United States dollar
The panic selloff triggered by stagflation fear is spreading wildly across global equity markets. S&P 500 is in the bear market while the ASX 200 entered the correction zone this week.
Indices S&P 500 ASX Hang Seng Index
A near term crash in the S&P 500 Index price has seen bear market territory tested, suggestive of an economic recession to follow.
Shaun Murison | Senior Market Analyst, Johannesburg | Publication date: Monday 13 June 2022
Broad-based declines in the US equity markets have driven a close in bear market territory for the S&P 500, while the rate-sensitive Nasdaq registered its 9th largest single-day drop ever.
Forex Indices Market trend S&P 500 AUD/USD United States dollar
EUR/USD trades to a fresh monthly low as it extends the series of lower highs and lows from last week and the exchange rate appears to be on track to test the yearly low as the Fed is expected to implement higher interest rates.
Forex Shares United States dollar EUR/U
Alibaba’s share price resumed its descent following quashed rumours of an Ant Group IPO amid a general tech rout.
Axel Rudolph | Market Analyst, London | Publication date: Monday 13 June 2022
Risk sentiments took a beating towards the latter half of last week, as previous hopes of peaking US inflation were overturned with the release of the higher-than-expected US CPI print.
Indices Shares Commodities Inflation United States Consumer price index
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