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Current Market Update ( Quick Thread) (10-06-2021)


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      10/06/21 10:53

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    Joined 29/07/21 06:45
  • Posts

    • For more up to date news on how markets will open, the latest earnings and economic news, watch IGTV live in the platform at 07:30am UK. Today’s coverage:   China’s Hang Seng tech index rebounds sharply on reports China is responding to investor concerns over regulatory outlook. UK earnings: Lloyds Q2 pretax profit tops estimates, announces acquisition of Embark Shell to resume share buybacks targeting $2bn by year-end BT Q1 earnings top estimates, AZN, Diageo also report US earnings: Facebook warns on growth outlook, shares lower, PayPal disappoints, Amazon ATB Europe earnings: VW raises FY outlook Credit Suisse Q2 net income falls short of estimates Fed last night, rates unchanged, considers tapering bond purchases , US quarterly GDP later today Brent crude closing in on $75 as EIA inventories fall short of estimates.
    • Hi @ChocoIG, thanks for your question. Please reach out to our client facing team as we can't assist with these queries on the community, the client facing team will be able to check with the desk and see why your orders are not valid and give you feedback, but we do apologise for the inconvenience. You can reach them on helpdesk.uk@ig.com All the best - MongiIG
    • Yeah I can see that - from experience if the 50% level is going to work it'll go through in 1-3 attempts at most which means you can afford a tight stop, but you can use the swing low point, whatever suits you
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