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There’s a growing sense that, if Chinese government sticks to the reopening path, China’s economy will have the greatest potential to deliver a strong rebound throughout the 2023, given that it has been so damaged by the pandemic.

Amid the low-volume environment, US equity indices failed to find its way higher overnight as attempts for a Santa rally have been short-lived thus far.

The possibility of 25bp hike by the RBA tempers the recent highs of the ASX 200.

JPMorgan and US banks will have benefited from the rise in interest rates seen in recent months, but will they warn that a recession is on the way?

Expectations for earnings season remain muted at best, and a combination of slowing consumer spending and higher prices mean US companies could see their profit margins squeezed.

@tradinglounge shares: Investing in high yield dividend stocks can be a smart strategy for growing wealth, particularly through the power of compound interest.

The Invesco Physical Gold ETC, iShares Core FTSE 100 UCITS ETF, Vanguard FTSE All-World UCITS ETF, and the iShares UK Dividend UCITS ETF could constitute some of the best UK ETFs to consider in the new year.

In its first week of trading for 2023, the ASX 200 added 71 points (1.01%) to close at 7110. A respectable performance after a violent sell-off rocked the market on the first day of the New Year (Tuesday).

Trading styles refer to the different approaches that traders take in order to profit from the financial markets. There are four main types of trading styles: scalping, day trading, swing trading, and position trading.

Earnings season is upon markets once again, with US banks kicking off the quarter four (Q4) reporting period at the end of this week. UK trading statements come through thick and fast during the week as well, from a host of companies, including Sainsbury’s, Tesco and Marks & Spencer. While it is a less frenetic week on the economic front, consumer price index (CPI) figures from the US and China will keep the global focus on the key issue of inflation.

Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 9th January 2023. These are projected dividends and likely to change. IG cannot be held responsible for any changes made.

Outlook on EUR/USD, EUR/GBP and USD/CAD ahead of US NFP data.

London-listed Shell reports full-year earnings on 2 February and analysts say the company’s LNG operations, liquefied natural gas, are likely to be a big contributor.

Outlook on FTSE 100, DAX 40 and Nasdaq 100 ahead of US NFP data release.

While all eyes will be on the key US non-farm payroll report today to round up the week, several key events are closely watched in the coming week as well to provide further clues on the inflation and growth outlook

Outlook on EUR/USD, EUR/GBP and USD/JPY post hawkish Fed minutes.

Outlook on Brent crude oil, US natural gas and gold amid re-opening of China and clement weather forecasts.

European indices continue to leave their US peers behind, marking a radical departure from the norm of the past decade.

Outlook on EUR/USD, EUR/GBP and AUD/USD amid European inflation readings and China planning to resume Australian coal imports. 

What does Q1 2023 have in store for US equity indices?

It’s not all going to be easy this year, but the mining sector is expected to climb later in 2023 after a period of early volatility. That’s the view of mining sector veteran, John Meyer from SP Angel.

The dollar is on the up this morning, pushing down EUR/USD and GBP/USD while boosting USD/JPY off its session lows.

China remains a headwind for Tesla and concerns continue about CEO Elon Musk’s absence as he sorts out his other business interests, including Twitter and SpaceX.

After losing almost 48% in 2022, Rolls-Royce tops the leader board at the start of the new year. The aero engine maker was one of the gainers at the start of 2022 then lost its buoyancy.

Indices have kicked off the first full day of 2023 with gains, hoping to put a tough 2022 behind them.

FTSE 100 clambers back above 7600


DAX at two-week high


S&P 500 pushes higher