.png.de256ca002ab6ba1e57b6a5b6fab5244.png)
Indices and Macro Events
Everything from FTSE and Wall Street to the VIX. Technical or fundamental analysis. Discuss macro events such as elections, economic data, and global movements.
243 topics in this forum
-
- 2 replies
- 1,277 views
-
- 1 reply
- 716 views
-
- 2 replies
- 1,005 views
-
- 0 replies
- 610 views
-
- 0 replies
- 844 views
-
- 2 replies
- 962 views
-
- 13 replies
- 2,947 views
-
- 59 replies
- 5,026 views
-
- 5 replies
- 1,617 views
-
- 4 replies
- 2,482 views
-
- 7 replies
- 3,326 views
-
- 2 replies
- 1,237 views
-
- 3 replies
- 1,107 views
-
- 2 replies
- 949 views
-
- 32 replies
- 5,340 views
-
- 0 replies
- 604 views
-
- 1 reply
- 925 views
-
- 30 replies
- 3,762 views
-
- 10 replies
- 3,040 views
-
- 19 replies
- 2,773 views
-
- 295 replies
- 9,775 views
-
- 0 replies
- 780 views
-
- 0 replies
- 649 views
-
- 6 replies
- 1,416 views
-
- 4 replies
- 1,899 views
-
- 0 replies
- 651 views
-
- 1 reply
- 710 views
-
- 3 replies
- 944 views
-
- 2 replies
- 887 views
-
- 3 replies
- 1,330 views
-
Our picks
-
APAC brief - 21 Mar
MaxIG posted a blog entry in IG Community Blog,
Market action proves it again: this market hinges on the Fed: The US Fed has proven itself as the most important game in town for traders. The FOMC met this morning, and lo-and-behold: the dovish Fed has proven more dovish than previously thought; the patient Fed has proven more patient that previously thought. Interest rates have remained on hold, but everyone knew that was to be the case today. It was about the dot-plots, the neutral-rate, the economic projections, and the balance sheet run-off. On all accounts, the Fed has downgraded their views on the outlook. And boy, have markets responded. The S&P500 has proven its major-sensitivity to FOMC policy and whipsawed alongside a fall in US Treasury yields, as traders price-in rate cuts from the Fed in the future.
The US Dollar sends some asset classes into a tizz: The US Dollar has tumbled across the board consequently, pushing gold prices higher. The Australian Dollar, even for all its current unattractiveness, has burst higher, to be trading back toward the 0.7150 mark. Commodity prices, especially those of thriving industrial metals, have also rallied courtesy of the weaker greenback. Emerging market currencies are collectively stronger, too. This is all coming because traders are more-or-less betting that the Fed is at the end of its hiking cycle, and financial conditions will not be constricted by policy-maker intervention. Relatively cheap money will continue to flow, as yields remain depressed, and allow for the (sometimes wonton) risk-taking conditions that markets have grown used to in the past decade.
-
-
- 0 replies
Picked By
MaxIG, -
-
APAC brief 20 Mar
MaxIG posted a blog entry in Market News,
Another trade-war headline downs sentiment: There’s some news floating through the wires that sentiment has taken a hit overnight courtesy of some unfavourable trade-war headlines. It’s been reported that Chinese officials aren’t co-operating with their US counterparts, as it applies to certain sensitive elements of trade-negotiations. The S&P500, which had been developing some intraday momentum prior to the release, has retraced throughout trade, consequent to the news. It’s closed flat for the day, but despite this fall, moves in rates and bond markets suggest the fundamentals currently remain the same. The all-important balance between financial conditions and growth expectations is still there, ultimately supporting the bullishly inclined, as markets now prepare for tomorrow morning’s meeting of the US Federal Reserve.
The unresolvable issues: It’s perhaps an assumption alone, but the (very vague) report leaked to the market about trade negotiations surely pertains to one of the well-understood, seemingly intractable issues embroiling the US and China. Those, at its core, unrelated to economics, but to strategic, and somewhat philosophical differences. These are intellectual property theft, currency manipulation, and Chinese military posturing in the Asian region – especially the South China Sea. These differences are relevant because they boil down to brutal power-politics, and an essential clash of ideologies. This isn’t to suggest a trade-deal, and future bilateral cooperation can’t exist between both parties; but that whatever deal is struck, it’s unlikely to put an end to geopolitical tensions.-
- 0 replies
Picked By
MaxIG, -
-
Debenhams / Mike Ashley
Debbers posted a topic in Shares and ETFs,
Join the discussion: "It seems likely to me that what will actually happen here is that Mike Ashley will bid, because aside from anything else, the House of Fraser is not of critical size without combining with Debenhams and is losing money heavily.
As Mr Ashley does not have access to enough luxury brands, so he is having to fill the House of Fraser stores with Sports Direct stock which is badly weakening the House of Fraser brand. He needs to combine Debenhams with the House of Fraser fairly urgently I would say, especially now that Debenhams has signed off the Li + Fung deal which promises a pipeline of decent quality items into its stores."-
-
- 3 replies
Picked By
JamesIG, -
-
-
Member Statistics
-
Total Topics6,391
-
Total Posts28,414
-
Total Members37,298
-
