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.
Source: Bloomberg
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.
Source: Bloomberg
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.
Source: Bloomberg
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.
Source: Bloomberg
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.
Source: Bloomberg
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.
Source: Bloomberg
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.
Source: Bloomberg
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.
Source: Bloomberg
Indices Shares Commodities Inflation United States Consumer price index
The US equity markets were met with an intensified sell-off towards the latter half of the trading session, reflecting some paring back in risk exposure to position for any upside surprise in US inflation later today.
Source: Bloomberg
Indices United States Inflation Central bank Consum
DocuSign launched its Initial Public Offering in April 2018 at $29 per share. By 3 September 2021, they struck a record $310, a tenfold return in just over three years.
Source: Bloomberg
Shares DocuSign Revenue Recession Chief financial officer Gross margin
Roku shares are rising as speculation intensifies over a possible takeover bid from streaming giant Netflix.
Source: Bloomberg
Shares Roku Netflix Advertising Financial analyst Subscription business model
Expectations are to see the year-over-year figure drop to 8.2%, which can be viewed as a slight cool-down in price growth from April’s 8.3% yearly rise.
Source: Bloomberg
Indices Commodities Consumer price index United States Inflation S&P 500
Some paring back of risk positions ahead of the key US CPI release and a series of downbeat tone on the macroeconomic front have kept US equity markets under pressure.
Source: Bloomberg
Forex Indices Shares United States Consumer price index European Central Bank
British Land’s share price could be a buying opportunity for defensive investors after strong full-year results.
Source: Bloomberg
Indices Shares Real estate investment trust United Kingdom FTSE 100 British Land
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 13th 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
Has the Amazon share price resumed its uptrend for good?
Source: Bloomberg
Shares Amazon Price Stock Stock split Counterfeit
Axel Rudolph | Market Analyst, London | Publication date: Wednesday 08 June 2022
Uncertainty has become a new norm for the global and domestic economy. Today we look into the following markets: AUD/USD, JPY/USD and Bitcoin.
Source: Bloomberg
Forex United States dollar Australian dollar Japanese yen Inflation AUD/USD
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?
Source: TradingView
Forex Shares Commodities Australian dollar Inflation
The euro could be vulnerable to selling pressure as retail traders increase their long exposure in EUR/USD and EUR/JPY.
Source: Bloomberg
Forex Shares Euro EUR/USD EUR/JPY Japanese yen
Meta’s share price is being weighed down by disproportionately negative investor sentiment over the CEO's fixation on the Metaverse.
Source: Bloomberg
Shares Meta Platforms Metaverse Mark Zuckerberg Facebook Social media
Outlook for the FTSE 100 post Prime Minister, Boris Johnson’s no confidence vote.
Source: Bloomberg
Indices Shares Boris Johnson Motion of no confidence FTSE 100 Prime minister
Axel Rudolph | Market Analys
Major US indices eked out slight gains overnight but the sharp paring back of early gains and the in-tandem rise of the VIX suggests that some caution remains.
Source: Bloomberg
Forex Indices S&P 500 Interest rate AUD/USD United States