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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.

IGTV (@IGTV) | Twitter

Today’s coverage:

 

Indices: Europe expected up as mkts recover. NDAQ finds 200SMA support but still closes in correction. China cuts rates helping ppty & techs across Asia

FX: AUDUSD up after strong Aussie jobs data. USDCNH near 3¾ yr lows as China’s central bank cuts mortgage rates

Equities: Earnings AJB SDRY ABF PFD ROO, in the US AAL then NFLX after the close. GOOG partners COIN as some say Google will soon accept crypto payments

Commods: Gold finally sees upside breakout. Oil small retracement from 7yr highs

 

https://community.ig.com/igtv/

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Early Morning Call: Indices rebound; USD down; and awaiting Netflix results

Europe expected up as markets recover; NDAQ finds 200 SMA support but still closes in correction; China cuts rates helping property, techs across Asia. AUD/USD up after strong Aussie jobs data. Earnings from AJB, ROO, AAL, NFLX.

https://www.ig.com/uk/market-insight-articles/early-morning-call--indices-rebound--usd-down--and-awaiting-netf-220120

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This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.

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Charting the Markets: 20 January

The Nasdaq stabilises near psychological support - we also look at Wall Street, China A50 and Hang Seng Index. In FX we look at the DXY, GBP/USD and USD/JPY. And gold looks for gains after surge, while oil prices consolidate.

https://www.ig.com/uk/market-insight-articles/charting-the-markets--20-january-220120

 

16 Candlestick Patterns Every Trader Should Know | IG US

This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.

 

 

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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.

IGTV (@IGTV) | Twitter

 

Today’s coverage:

 

Indices: Europe expected to open lower as NDAQ and INDI both crash through 200day SMA. Techs lead the drop but sell-off across the board            

FX: Watching GBP around UK retail sales. Yen close to 1mth high following Japan CPI. DFX with us looking ahead to a risk event for next week – US & Canada rate decisions

Equities: Awaiting US earnings today from SLB. Covid stock mkt ‘darling’ PTON sinks 27%, below IPO, as it suspends prodn of ‘connected’ fitness products. NFLX down 21% on Q4 earnings

Commods: Gold up 3rd day in a row. Oil new 7mth highs then reversal. Base metals doing well on tight supply: Copper back up over $10k. Aluminium, Zinc & Iron Ore near 3mth highs. Nickel new decade high

 

https://community.ig.com/igtv/

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Early Morning Call: Europe expected to open down; PTON sinks 27%; and crypto pressure hits blockchain stocks

Europe expected to open lower as NDAQ and INDI crash through 200-day SMA; techs lead the drop but sell-off seen across the board. Peloton (PTON) sinks 27%, below IPO; NFLX down 21% on Q4 earnings. And gold up for a 3rd day.

https://www.ig.com/uk/market-insight-articles/early-morning-call--europe-expected-to-open-down--pton-sinks-27--220121

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This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.

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Charting the Markets: 21 January

With indices under pressure, the traditional safe havens look attractive, but gold is still not motoring. What about the US dollar?

IGTV’s Jeremy Naylor caught up with IG technical analyst, Axel Rudolph MSTA, who looks at charts of gold, silver, EUR/USD, EUR/GBP, USD,JPY and AMZN.

https://www.ig.com/uk/market-insight-articles/charting-the-markets--21-january-220121

16 Candlestick Patterns Every Trader Should Know | IG US

This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.

 

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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.

IGTV (@IGTV) | Twitter

Today’s coverage:

 

Indices: 24-hr mkts show a recovery from Friday’s lows with Europe near to Friday’s cash mkt close. VIX partially retraces Friday’s 6-week high  

FX: Flash PMI data released will revel effects of global Omicron effect. watching all the main crosses EURUSD GBPUSD USDJPY AUDUSD. Japan factory orders 4yr high. Watching USD ahead of Fed and CAD ahead of BoC both Wednesday

Equities: Earnings today PHIA IBM SLB. Watching crypto proxys like COIN & ARB as Bitcoin hits 50% retracement from record high and Ether crashes support

Commods: Gold consolidates at last week’s high. Oil waiting for direction. Heafty declines for Lumber  

 

https://community.ig.com/igtv/

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Early Morning Call: Indices recover; watching USD ahead of Fed; and bitcoin down 50%

24-hour markets show recovery from Friday’s lows with Europe near the cash market close. Watching USD and CAD ahead of Wednesday's Fed and BoC meetings. And watching crypto proxies as bitcoin hits 50% retracement from record high.

https://www.ig.com/uk/market-insight-articles/early-morning-call--indices-recover--watching-usd-ahead-of-fed---220124

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This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.

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Charting the Markets: 24 January

FTSE 100, DAX and Nasdaq at or near major support ahead of FOMC. EUR/USD and GBP/USD are under pressure while EUR/GBP consolidates. And gold is still making headway - we also look at Brent and lumber. 

https://www.ig.com/uk/market-insight-articles/charting-the-markets--24-january-220124

16 Candlestick Patterns Every Trader Should Know | IG US

This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.

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Market data to trade on Tuesday: DAX; MSFT

IGTV’s Daniela Sabin Hathorn looks at a chart of the DAX ahead of the latest IFO business climate data out in Germany as the equities selloff continues into the new week.

On the corporate calendar, Microsoft (MSFT) will be looking to impress investors with its Q4 earnings after a rather disappointing start to the US earnings season.

https://www.ig.com/uk/market-insight-articles/market-data-to-trade-on-tuesday--dax--msft-220124

look ahead Tuesday.PNG

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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.

IGTV (@IGTV) | Twitter

Today’s coverage:

 

VIX hits near 1yr highs as geo-political issues add to traders concerns about higher rates

Indices: Buyers step in from Monday’s deep lows but 24 hour markets remain under pressure, Europe may open higher but downdraught continues

FX: EURUSD down BUT continues to see rising support, JPY hits 5wk highs on haven buying vs USD EUR & GBP. AUDUSD little support even as CPI rises to 1.3% (est 1%)

Equities: earnings today - MC, MSFT, AMD, JNJ. Last night IBM rose as much as 7% but then closed up just 1.6% after Q4. CSGN takes Sfr500mln legal hit now Q4 expected breakeven

Commods: Gold buying as Ukraine tensions rise, oil also up on supply concerns

 

https://community.ig.com/igtv/

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Early Morning Call: Markets recover; gold at 6-week highs; and earnings continue

Buyers step in from Monday’s deep lows, but 24-hour markets remain under pressure; Europe may open higher, but downdraught continues. Gold rises as Ukraine tensions rise, oil also up. And earnings today: MC, MSFT, AMD, JNJ.

https://www.ig.com/uk/market-insight-articles/early-morning-call--markets-recover--gold-at-6-week-highs--and-e-220125

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This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.

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Charting the Markets: 25 January

Stock markets endured wild swings yesterday, but have managed to edge higher in morning trading. EUR/GBP bottoms out while EUR/USD and USD/JPY await FOMC. And gold and oil look healthy amidst global risk-off sentiment.

https://www.ig.com/uk/market-insight-articles/charting-the-markets--25-january-220125

16 Candlestick Patterns Every Trader Should Know | IG US

This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.

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Market data to trade on Wednesday: SPX; TSLA

All eyes on the US Federal Reserve on Wednesday for the January FOMC interest rate decision. IGTV’s Daniela Sabin Hathorn looks at charts of the US Dollar Basket and S&P 500 as volatility creeps into markets ahead of the meeting.

On the corporate calendar, Tesla (TSLA) will be looking to convince investors of its growth potential.

https://www.ig.com/uk/market-insight-articles/market-data-to-trade-on-wednesday--spx--tsla-220125

look ahead Wednesday.PNG

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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.

IGTV (@IGTV) | Twitter

Today’s coverage:

 

Indices: Europe looking to open a little higher amid recent wild volatility. Asia mixed after Wall St closed lower with techs remaining the mkt whipping boy

FX: Rate day - watching EURUSD (hit 5wk lows then recovered) ahead of the Fed and USDCAD ahead of the BoC

Equities: Looking at earnings last night from MSFT (down 1.4%). Looking ahead to TSLA, INTC, LEVI, BA & T

Commods: Gold small drop into Tuesday’s 19 Nov high while silver down for 4th day. Oil little moved near recent 7yr highs

 

https://community.ig.com/igtv/

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Early Morning Call: Small gains in Europe; EUR/USD recovers; and MSFT beats forecasts

Europe looking to open a little higher amid recent wild volatility; Asia mixed after Wall Street closed lower. Watching EUR/USD ahead of the Fed and USD/CAD ahead of BoC. And looking at earnings last night from MSFT (down 1.4%).

https://www.ig.com/uk/market-insight-articles/early-morning-call--small-gains-in-europe--eur-usd-recovers--and-220126

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This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.

 
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Charting the Markets: 26 January

FTSE 100, DAX and Dow bounce off major support zones ahead of FOMC. EUR/USD, EUR/GBP are meanwhile neutral ahead of that meeting but GBP/USD has formed a bullish reversal pattern. And gold and oil head higher once again.

https://www.ig.com/uk/market-insight-articles/charting-the-markets--26-january-220126

16 Candlestick Patterns Every Trader Should Know | IG US

This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.

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Market data to trade on Thursday: NZD/AUD; AAPL

As central banks become the centre of attention this week, IGTV’s Daniela Sabin Hathorn looks at NZD/AUD as the currency pair completes a head and shoulders pattern ahead of the latest CPI data from New Zealand.

On the corporate calendar, Apple earnings will be in focus on Thursday as markets start to turn from growth to value.

https://www.ig.com/uk/market-insight-articles/market-data-to-trade-on-thursday--nzd-aud--aapl-220126

look ahead Thursday.PNG

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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.

IGTV (@IGTV) | Twitter

Today’s coverage:

 

VIX back up at near 1yr highs after Fed confirms its plans to raise rates

Indices: Fed takes global indices down. Bearish engulfing candles on all major mkts many now at multi-month lows. S&P testing critical support. UKX continues to hold up best

FX: USD gains after Fed’s indication that its first rate rise will come in March. EURUSD breaks rising support to go to 8wk lows

Equities: Earnings today – EZJ DGE DBK AAPL MCD. Last night TSLA &  INTC both beat, but both caught in the general sell-off  

Commods: Gold takes a tumble as USD gains traction. Brent & WTI hit new 7yr highs

 

https://community.ig.com/igtv/

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Early Morning Call: global indices tumble; USD climbs; and earnings updates

Fed takes global indices down; bearish engulfing candles on all major markets, many now at multi-month lows. USD gains after Fed said its first rate rise will come in March. And earnings today: EZJ, DGE, DBK, AAPL, MCD.

https://www.ig.com/uk/market-insight-articles/early-morning-call--global-indices-tumble--usd-climbs--and-earni-220127

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This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.

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Charting the Markets: 27 January

Indices hit hard in the wake of FOMC with the FTSE 100, DAX and S&P 500 sliding on the Fed’s hawkish stance. EUR/USD trades at two-month lows, EUR/GBP slips and USD/JPY rallies post FOMC. And gold falls but oil keeps on rising.

https://www.ig.com/uk/market-insight-articles/charting-the-markets--27-january-220127

16 Candlestick Patterns Every Trader Should Know | IG US

This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.

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Market data to trade on Friday: DAX; DXY

As equity markets remain volatile post-FOMC, IGTV’s Daniela Sabin Hathorn looks at how the DAX is trading ahead of the release of the German Q4 GDP growth rate on Friday.

With some more inflation data out from the US, the Dollar Basket continues to attract bullish momentum on the back of Jerome Powell’s hawkish speech.

https://www.ig.com/uk/market-insight-articles/market-data-to-trade-on-friday--dax--dxy-220127

look ahead Friday.PNG

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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.

IGTV (@IGTV) | Twitter

Today’s coverage:

 

Indices: Broadly holding Thursday’s gains. UKX continues to brush off the recent rout to trade within 40pts of 2yr highs

FX: As EURUSD closes below 19mth support of 1.1168… USD looking to complete the best week in 2mths. It comes as US GDP showed best annual growth in 4 decades

Equities: Apple rose 4% all sessions as it beat fiscal Q1 earnings ests almost across the board. LVMH reported record annual revenue and beat profit forecasts

Commods: Oil on for 6th week of gains. Gold closes below 5mth rising support

 

https://community.ig.com/igtv/

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Early Morning Call: Indices climb; AAPL's record revenue; and oil gains continue

Indices broadly holding Thursday’s gains; UKX continues to brush off the recent rout to trade within 40 points of 2-year highs. Apple rose 4% all-sessions as it beat fiscal Q1 earnings estimates. And oil on for 6th week of gains.

https://www.ig.com/uk/market-insight-articles/early-morning-call--indices-climb--aapl-record-revenue--and-oil--220128

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This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.

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Charting the Markets: 28 January

Indices struggle to establish a direction. The slide in EUR/USD, EUR/GBP is ongoing while USD/CAD surges higher. And Brent crude oil encounters month end profit-taking while gold plummets.

https://www.ig.com/uk/market-insight-articles/charting-the-markets--28-january-220128

16 Candlestick Patterns Every Trader Should Know | IG US

This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.

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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.

IGTV (@IGTV) | Twitter

Today’s coverage:

 

Indices: VIX down for a second day reflects a rise in risk assets. Late gains on Wall St on Friday likely to boost Europe at the start of the week. Techs the best performers

FX: USD consolidates after big gains last week. GBPUSD defends 1.2253 support ahead of BoE rate decision on Thursday. EURUSD flirts with new 18mth lows ahead of ECB and watching AUDUSD ahead of RBA tomorrow  

Equities: Ryanair Q3 earnings worse than expected. Awaiting Sthree

Commods: Crude oil back from new 7yr highs on Friday. Gold 4th day in a row of losses as Cotton hits 11½ yr high

 

https://community.ig.com/igtv/

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Early Morning Call: Awaiting several central bank decisions; and crude oil back from new 7-year highs

GBP/USD defends 1.2253 support ahead of BoE rate decision on Thursday; EUR/USD flirts with new 18-month lows ahead of ECB; watching AUD/USD ahead of RBA tomorrow. And crude oil back from new 7-year highs on Friday.

https://www.ig.com/uk/market-insight-articles/early-morning-call--awaiting-several-central-bank-decisions--and-220131

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This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.

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Charting the Markets: 31 January

Indices start the week positively: we look at FTSE 100, DAX40, S&P500 and Nasdaq 100. EUR/USD and AUD/USD stabilise ahead of BoE and RBA rate decisions. And gold’s decline slows while oil holds steady - we also look at NY Cotton.

https://www.ig.com/uk/market-insight-articles/charting-the-markets--31-january-220131

 

16 Candlestick Patterns Every Trader Should Know | IG US

This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.

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Market data to trade on Tuesday: RBA rates; GOOG, XOM earnings

With the first of three rate decisions this week coming in the early hours of Tuesday, FX traders will be keenly watching to see if last week’s USD strength gets further unwound.

First up is the Reserve Bank of Australia on rates and while it’s not expected to move up from current levels of 0.1%, it will all be about the hawkishness of the rhetoric.

Then on the corporate side US techs Alphabet (GOOG), Advanced Micro Devices (AMD) and PayPal (PYPL) bring Q4 numbers, while Exxon Mobil (XOM) publishes its numbers before the bell.

https://www.ig.com/uk/market-insight-articles/market-data-to-trade-on-tuesday--rba-rates--goog--xom-earnings-220131

look ahead Tuesday.PNG

 

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    • Gold price holds steady, oil bounces, but platinum remains under pressure Gold has been little-affected by the volatility in stocks, while oil prices have regained some ground. Platinum, meanwhile, remains under pressure. Source: Bloomberg   Commodities Gold Recession Platinum Price of oil Oil  Chris Beauchamp | Chief Market Analyst, London | Publication date: Thursday 19 May 2022  Gold calm despite renewed risk-off moves The sudden drop in stocks yesterday does not appear to have provided much of a lift for gold, which has remained around yesterday’s levels without much of a bounce. Indeed, attempts at a bounce appear to have stalled entirely, with little appetite to even test the highs seen at the beginning of the week. Of course, the stronger dollar plays a big part here, as high inflation readings drive investors to the greenback in the expectation that the tightening of monetary policy in the US will be an extended process. As a result gold is out of favour, ignored in the rush to move into higher-yielding bonds at the very moment when it might have been expected to shine. Admittedly the bearish case hasn’t got much traction here either, with little inclination evident at present to move lower towards $1800 and then $1780. Meanwhile, a sustained bounce requires the price to move back above $1836, Tuesday’s high, and then move on above the 200-day simple moving average (SMA) which is currently $1837. Source: ProRealTime Brent crude hovers above 50-day MA Two days of losses have stalled here, as buyers attempt to move back into oil. The battle of the supply and demand outlooks continues, with the latter and its expected weakening of global demand holding sway over the previous two days. Expectations of weaker growth across the glove, and even a recession, have meant that the bull case for oil has taken a knock, even with expectations of a European ban on Russian imports providing support to the price. Price action this week has seen Brent unable to push on through the area of resistance around $114. The price needs to clear this to open the way to $120.50, the high from late March, and then above this the February peak at $131 comes into view. Sellers will look to push the price back to $101.50 and then the $99.20 support zone, which has held since early April. Source: ProRealTime Platinum prices slump once again Expectations of strong supplies of platinum continue to drive the price lower, reinforced by the more negative economic outlook. As with other risk assets, platinum has been under pressure as forecasts of economic growth are revised down, while the dollar’s strength provides another driving factor for losses. The slump over the past week has seen the price falter at the 50-day SMA, and it is now on the cusp of returning to the support zone around $915. Additional declines below this level would bring the lows of late 2020 into view around $840. Source: ProRealTime
    • European indices open lower after worst Wall Street rout in two years Technical outlook on FTSE 100, DAX 40, and Dow after disappointing US retailers’ earnings. Source: Bloomberg   Indices Dow Jones Industrial Average Market sentiment Inflation /business/market_index FTSE 100  Axel Rudolph | Market Analyst, London | Publication date: Thursday 19 May 2022  FTSE 100 drops as inflation hits 40-year high The FTSE 100’s 5% rally from last week’s 7,157 low, made close to the February low amid volatile trading due to recession fears, abruptly ended yesterday as the UK annual inflation rate rose to a 40-year high of 9% in April, up from 7% in March. The 200-day simple moving average (SMA) at 7,324 may act as support today, together with the 7,299 April low. While this is the case, the 55-day SMA at 7,423 may be revisited. Only a rise above yesterday’s high at 7,545 would push the 7,621 early May high back to the fore. Above this level key resistance remains to be seen in the 7,657 to 7690 region which is made up of the January 2020, February, and April highs and as such is likely to cap. Source: ProRealTime Bearish Engulfing day points to lower levels The DAX 40’s 6% recovery rally from last week’s 13,275 low, triggered by investors buying stocks at discounted levels in sectors such as commodities, healthcare and utilities, came to a sudden end yesterday when a Bearish Engulfing pattern was formed on the daily candlestick chart. This occurs when the red (bearish) body of the candle – the distance between the open and close of that day – “engulfs” the previous day’s body. Further slips are thus in store with the April low at 13,538 representing a possible downside target. Below it the three-month support line can be found at 13,410 and the current May low at 13,275. While the index remains above this month’s low at 13,275 on a daily chart closing basis, however, this week’s and the early May high at 14,282 to 14,315 may still be revisited. If bettered, the late April peak at 14,599 would be next in line. For a longer-term bullish picture to emerge, a rise and daily chart close above the late April high at 14,599 needs to take place, though. Source: ProRealTime Worst fall in the Dow for two years has the 31,227 current May low in its sights The rout in the Dow Jones Industrial Average is ongoing with it posting its biggest decline since June 2020 - over 3.5% - as disappointing quarterly earnings from major retailers weighed on the index. The sharp sell-off came as major US retailers’ earnings indicated that inflation squeezed corporate profits. Target shares tumbled 25% in their worst drop since 1987 after the company missed analyst expectations amid higher prices and supply bottlenecks while cutting its profit forecast due to a surge in costs. Walmart stocks fell by 6.8% due to similar issues. A slip through the current May low at 31,227 would engage the March 2021 low at 30,545 and possibly the major 29,871 to 29,194 support area which consists of the February 2020 pre-pandemic and August 2020 highs, December 2020 and January 2021 lows, 38.2% Fibonacci retracement of the 2020-to-2022 advance and 200-week SMA. Were the Dow to stabilise around its 31,227 recent May low, the February low at 32,234 may be retested. Source: ProRealTime
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