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Get this via email from another broker but thought it was a good copy/paste. Thought it was worth a share and could give a few trade ideas. Also should we get a 'quick trade ideas' section running again? Or maybe @JamesIG can sort a competition or something based on new trade ideas? ;)

  • Optimism is fading as the US’s power struggle with China and Iran continues. By Wednesday morning, markets across the globe were feeling deflated as investors signalled a lack of appetite for the current level of political risk. In the US, the Dow Jones, S&P 500 and Nasdaq closed on Tuesday down 0.6%, 1.1% and 1.8% respectively since the start of the week, while China’s Shanghai Composite had dropped 1.6% by its close on Wednesday. In Europe, the picture is slightly better, with the FTSE 100 remaining flat overall. Germany’s DAX is one of the few major markets to post a positive result: on Wednesday morning it spiked to €12,290.46, up 0.13% from the start of the week.
  • Disney shares to enter new magical era? Some analysts view the stock’s latest holding pattern as a signal to buy, anticipating a further breakout after the company’s shares reached a record-high of $143 last week. Meanwhile, the company’s streaming strategy is gaining steam as Hulu, which Disney owns 60% of, has racked up 3.8m US subscribers in the year to date – outpacing competitor Netflix. Can Disney shares retest last week's all-time high? 
  • Micron surprises investors with latest results. Shares rallied as much as 10% in after-hours trading after the chipmaker delivered adjusted EPS of $1.05 and revenues of $4.79bn last quarter – both exceeding consensus forecasts (although still representing a 39% year-on-year revenue drop). Overall, its shares are down 25.7% since its year-to-date high of $43.99 and 0.2% since the start of the year. Some analysts now view Micron as a buy opportunity – with BAML saying they see value in the company’s low valuation.
  • UK high streets still have their champions. While the high-profile turnaround struggles of Debenhams and New Look have been well-documented of late, stocks in sectors like sports retail and value apparel are bucking the trend with strong year-to-date growth. The 3 stocks bucking UK retail's spiralling decline.
  • Match Group enters buying territory. After a dip during the latter half of last week, the parent of dating app Tinder rebounded sharply, rising 7% to 71.48 through Monday. That puts the stock 5% below its flat-base buy point of $75.38, according to Investor’s Business Daily. Match’s stock has had a meteoric 58% rise year-to-date, powered by strong metrics around the Tinder app’s usage and plans to tap Asia’s legion of smartphone users.
  • FedEx reports estimates-beating results. On Tuesday, FedEx announced earnings of $5.01 per share based on revenues of $17.81bn, beating consensus EPS estimates by $0.20. The results do not seem to be enough to reverse the logistics company’s share price trajectory, though, which continued to fall in after-hours trading. On Monday, the Wall Street Journal reported that FedEx had been slashing prices to support its Express service – which also cut ties with Amazon earlier this month – sending the share value down 4.9% by Tuesday’s close.
  • Evercore switches tune on Spotify. Evercore ISI analysts downgraded the Swedish music streaming company from in-line to underperform, cutting its price target by $15 to $110, citing scepticism over the ability to meet Wall Street estimates. Spotify’s stock closed down 1% to $145.69 on Monday. Also on Monday Spotify was revealed to have been exaggerating the amount of “app tax” it pays on Apple’s App Store; Spotify’s CEO Daniel Ek has complained that Apple requires Spotify to pay a 30% tax on purchases made through Apple’s payment system; Apple responded by saying Spotify has never paid more than 15%. 
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  • Nike’s earnings missed expectations for the first time since 2012. The sneaker giant’s earnings fell short of Wall Street estimates, coming in at $0.62 for the quarter and $2.49 for the year, compared to the $0.66 and $2.55 expected, respectively. Analysts remain bullish on the stock, though, with Morgan Stanley’s Lauren Cassel saying ‘NKE remains our top pick’. 
  • Uber hits an all-time high. On Friday, the ride-hailing platform’s shares closed at $46.38, up 7% from Thursday’s open. The rally, which marks the first time Uber’s share price has closed above its IPO price of $45, followed news that the company plans to expand its services into West Africa. It remains to be seen if Uber can continue this momentum; its Q1 results, released on 3 June, showed net losses had more than doubled from $478m in 2018 to $1.01bn. 
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    • Hi KoketsolG, Thank you for your prompt response. However, that does not provide me the definitive understanding I desire.  1  Chart Price Units The first and fundamental question is what are the units of the chart price scale amount of 44,271.6 shown for High Grade Copper (US2.50) and High Grade Copper (A$1)? It is in US$, US cents, thousandths of 1 US$, ten thousandths of 1 US$ (what it looks like it could be), etc per Tonne or kilogram or pound? This leads to the question of "What is 1 point and 1 tick"? If the quoted 44,271.6 is in units of ten thousands of a US$, then is 1 Point = US$1.00, or  is 1 Point = 1/10,000th US$, (more generally, the digit unit immediately to the left of the decimal point)? It is assumed that the Tick value is the amount to the right of the decimal point. Similar questions apply to the Copper and Copper ($5 min) CFDs that are priced around 9,300. 2  Underlying Futures Contract Also, according to the IG Base Metals Contract specification the Copper Contract is 25 metric tonnes, and appears it is quoted in US Dollars. However, the only High Grade Futures Contract I've been able to find using Google is the CME Copper Futures Contract which provides a contract size of 25,000 pounds, which is specified as quoted in US Dollars. Thus it is unclear to me as to the actual underlying market upon which the IG Copper CFDs are based, and hence if the chart price unit being applied is price unit / kilogram or price unit / pound. There is a further complication with IG's Copper CFDs. There are 4 IG Copper CFDs: Copper, Copper ($5 mini) High Grade Copper ($2.50) High Grade Copper (A$1) The prices for the first 2 appear to be identical, currently around 9,300, while the later two have prices currently around 42,700. So what is the underlying Future Contract definition for each of these 4 CFDS? Cheers Trevor
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