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
The FTSE 100 is up 0.4% to 7,533 points year-to-date, comparing favourably to the S&P 500’s 12.9% decline, and the 22.2% fall of the Nasdaq Composite.
Source: Bloomberg
Indices Commodities COVID-19 pandemic FTSE 100 Monkeypox World Health Organization
Pilbara Minerals Limited shares closed 18% lower; Bubs share price was up 77% last week and Microsoft sent out a red flag warning last week, what is the key takeaway?
Source: Bloomberg
Shares Forex United States Microsoft European Central Bank Risk
Zoom shares rallied to $109 at the end of trading last week, bolstered by positive Q1 results and investor hopes of an overcorrection.
Source: Bloomberg
Shares Zoom Revenue Price Valuation Microsoft
Where to next for the Tesla share price as its CEO now says total headcount will increase?
Source: Bloomberg
Shares Tesla, Inc. Price Volkswagen Elon Musk Moving average
Axel Rudolph | Market Analyst, Lond
Australian dollar eyed ahead of Chinese Services PMI numbers; crude oil may rise after Saudi Aramco raises July prices for Asia and AUD/USD may probe the May high if sentiment improves.
Source: Bloomberg
Forex Shares Commodities Australian dollar China AUD/USD
Triangle patterns have three main variations and appear frequently in the forex market. These patterns provide traders with greater insight into future price movement and the possible resumption of the current trend. However, not all triangle formations can be interpreted in the same way, which is why it is essential to understand each triangle pattern individually.
Forex triangle patterns main talking points:
Definition of a triangle pattern
Symmetrical triangles explained