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CRUDE OIL, COVID-19, FED, IGCS, TECHNICAL ANALYSIS - TALKING POINTS:
Growth-linked crude oil prices weakened alongside energy stocks on Wall Street.
Rising global Covid-19 cases, speech from Fed’s Clarida dented energy prices.
WTI at risk of developing bearish technical signals as retail traders go long.

Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 2nd August 2021. If you have any queries or questions on this please let us know in the comments section below. For further information regarding dividend adjustments, and how they affect  your positions, please take a look at the video.


NB: All dividend adjustments are forecasts and therefore speculative. A dividend adjustment is a <br style="background-color:#ffffff; color:#262629; font-size:14px; text-align:center">cash neutral adjustment on your account.

                                                                                           

Special Dividends

 


 


 


 





Index

Bloomberg Code

Effective Date

Summary

Dividend Amount

RTY

SHEN US

3/08/2021

Special Div

18.75

RTY

GSHD US

6/08/2021

Special Div

1.63

RTY

JBSS US

9/08/2021

Special Div

2.3

SPX

COF US

6/08/2021

Special Div

0.6


How do dividend adjustments work? 

This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

US DOLLAR, ADP EMPLOYMENT, FED, NFP, EUR/USD – TALKING POINTS:
US Dollar little-changed since last week’s Fed-inspired selloff.
ADP jobs data eyed as preview of Friday’s official NFP release.
EUR/USD struggling to make good on bullish Wedge breakout.

GBP PRICE, NEWS AND ANALYSIS: GBP/USD is continuing its modest climb higher that began a fortnight ago, and could hit the psychologically important 1.40 level soon.

The Tencent share price is off more than 40% from February’s highs due to regulatory headwinds, but is now the time to buy?

The Bank of England grows steadily more hawkish, but questions remain over whether rising inflation will force its head towards a tapering stage.

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Spot prices and future prices have some things in common, but it’s essential to understand the differences between futures vs spot when trading any asset. Learn more in this guide.

BP’s share price has retraced more than 14% from its one-year high since June. Can its upcoming results boost its share price?

When is the Reserve Bank of Australia (RBA) meeting next? The RBA will meet on Tuesday, 3rd August at 2.30pm.

Another busy week ahead, with both economic and corporate earnings playing a significant role in driving volatility as we move through the week. Central banks will once again be in focus as the RBA and BoE release their latest rate decisions, while the week ends with the latest US jobs report.
On the corporate front, earnings data from the likes of HSBC, BP, Fresnillo, and Taylor Wimpey bring updates across a wide spectrum of the economy. In the US, keep an eye out for data from Uber, Virgin Galactic, and Moderna

With Q2 earnings season in full swing, Microsoft, Barclays, and Rio Tinto provide us with potential trading opportunities. This article looks at some of the big movers off the back of recent earnings announcements to try and find stocks that seem to provide a good trading opportunity.

The dollar edged higher in early European trading Friday, but looks set to register a negative week after a dovish Federal Reserve meeting and some disappointing growth data. 

Amazon (NASDAQ:AMZN) reported Thursday softer third-quarter revenue guidance and mixed second-quarter results as earnings beat, but revenue fell short of expectations.

In this series we will piece together the anatomy of a swing trade and discuss the tools along with the methodology used to construct a basic trade setup. While no one single strategy is perfect, these best practices can be utilized in conjunction with your own trading strategy to identify more favorable entry / exit points in trending market environments.

The dollar weakened in early European trading Thursday, falling to two-week lows after further indications that U.S. interest rate hikes are still a distant event following the conclusion of the latest Federal Reserve meeting. 

The Federal Reserve kept interest rates, and acknowledge that while progress had been made toward its threshold to start tapering monthly bond purchases, more time was needed to assess the progress at upcoming meetings. 

Pfizer (NYSE:PFE) stock came off earlier lows in premarket trading Wednesday and was down 0.4% as the company raised its annual guidance and pegged revenue from sale of its COVID-19 vaccines at approximately $33.5 billion.

With the delta variant posing a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell and his colleagues are likely to emphasize patience on scaling back the central bank’s massive policy support.

The Bank of England looks set to keep its stimulus running at full speed next week despite two policymakers breaking ranks to suggest that its nearly 900 billion pound ($1.2 trillion) bond-buying scheme might have to end early as inflation speeds up.

European Central Bank policy makers have acknowledged that their new push to boost inflation expectations could take quite a while to kick in, according to officials familiar with the discussions.

When your forex trading adventure begins, you’ll likely be met with a swarm of different methods for trading. However, most trading opportunities can be easily identified with just one of four chart indicators. Once you know how to use the Moving Average, RSI, Stochastic, & MACD indicator, you’ll be well on your way to executing your trading plan like a pro. You’ll also be provided with a free reinforcement tool so that you’ll know how to identify trades using these forex indicators every day.

The U.S. dollar hovered below recent peaks on Tuesday, as investors turned to this week's Federal Reserve meeting for clues on the policy outlook, while cryptocurrencies pulled back sharply from an attempt to break out of a monthslong range.

TOKYO (Reuters) - The safe-harbour yen and dollar started the week firmer against riskier currencies like the Aussie as rising COVID-19 cases and a decline in Asian equities set a cautious tone ahead of the Federal Reserve's meeting this week.

Oil prices fell on Monday as concerns about fuel demand from the spread of COVID-19 variants and floods in China offset expectations of tight supplies through the rest of the year. Brent crude futures for September fell 44 cents, or 0.6%, to $73.66 a barrel by 0432 GMT while U.S. Texas Intermediate crude was at $71.62 a barrel, down 45 cents.