Our Picks

With market participants still largely trying to comprehend the Fed’s policy path ahead, rate expectations had fluctuated widely overnight.

Nvidia shares have rocketed in 2023 as investors seek the capital growth of the AI revolution. Is this just another bubble?

We are pleased to provide you with a table that shows the number of days' worth of overnight funding fee you will be charged if you keep a forex position open on a particular day.

Despite speculation of a minor rebound, the Euro continues to struggle against the dollar as an excess of long positions and disappointing Euro area economic figures add pressure.

Holidays in the US and UK brought about a relatively quiet start to the new trading week, while US equity futures this morning pointed to modest gains as an attempt to follow through with its rally last week.

Debt ceiling talks have dominated the sentiment since early May. With the "X-date" fast-approaching, what could be the impact on investment markets?

A quieter week lies ahead for the most part, though US job numbers on Friday provide the potential for some volatility. But with the debt ceiling now nearly reached, investors will be watching to see if US politicians can sort a deal before the 1 June ‘X Day’.

Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 29th May 2023. These are projected dividends and are likely to change. IG cannot be held responsible for any changes made.

Please find our expected trading hours for Memorial Day (US) / Spring Bank Holiday (UK)  in the table below. All times BST:

We would love to hear from you, vote on the chip giants poll. Share any analysis with the Community and comment on this blog which is a better stock to hold?

Lloyds’ share price could start to rise after delivering a solid financial performance in Q1. But the FTSE 100 bank may be overexposed to the UK's domestic economy.

The DXY is on the rise amidst ongoing debt ceiling negotiations; the Euro Area faces its own economic woes, further propelling the USD's value and China's slowdown fears are adding to the increasing support for the USD.

Gold rebounded on Friday after Fed chair Powell’s remarks; however, the drop to a six-week low could be a sign that cracks have started to emerge in gold’s uptrend and what is the outlook and key levels to watch in XAU/USD?

This week sees the release of UK consumer price index (CPI) and Federal Reserve Bank (Fed) minutes, potentially major drivers for GBP/USD and indeed for many other dollar crosses. Flash purchasing managers index (PMI) on Tuesday will also provide some more insight into the state of the global economy. There is plenty of corporate data too, including Ryanair and Marks & Spencer in the UK, plus the insurer Aviva, while in the US Nvidia and Gap are also worth watching.

We are pleased to provide you with a table that shows the number of days' worth of overnight funding fee you will be charged if you keep a forex position open on a particular day.

Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 22nd May 2023. These are projected dividends and are likely to change. IG cannot be held responsible for any changes made.

Greggs, JD Wetherspoon, and Centamin could constitute the three best FTSE 250 stocks to buy next month.

Signs of progress on the US debt ceiling had provided some much-needed relief overnight, which translated to a mid-day bounce in the major US indices.

It would be premature to call the US dollar’s recent rebound a reversal of the downward; recent Fed speak has been hawkish, putting the spotlight on Powell’s speech coming Friday and what’s next for EUR/USD, GBP/USD, and USD/JPY?

Gold’s rally is showing signs of fatigue; hawkish commentary from Fed officials is leading to a reassessment of rate cuts this year and what is the outlook and key levels to watch in XAU/USD?

The UK labour market data may indicate a cooling trend and the ZEW economic survey is expected to show a decline in current business conditions and economic expectations in Germany.

Despite a turbulent past three years, Alibaba Group Holding Limited (BABA) is now being closely watched by investors as China reopens and the company's AI-powered ecosystem continues to make exciting progress.

This week is quieter overall on the corporate and economic fronts, though earnings from Imperial Brands, Burberry and easyJet will be worth watching in the UK. Aside from the German ZEW index, the main focus will be on the US debt ceiling, which will likely dominate markets for the next month.

With broad expectations for an impending rate pause and mounting probability of a US recession, ‘bad news (on the economy) is bad news (for markets)’ seems to be the current underlying theme.

The uncertainty created by the debt ceiling has played a part in the lack of movement in the S&P 500; the Nasdaq has seen fresh cycle highs and the Dow Jones could see a deeper decline towards support at 32,800.