Our Picks

The FTSE 100 media company’s shares have nearly halved since 11 February, as strong financial results were overshadowed by its increased investment in streaming.

US and Chinese CPI are key events for the week, along with the ECB’s latest decision. While no change in policy is expected, the bank will have to comment on moves in energy prices, as well as the steady rise in headline inflation. UK corporate news includes updates Greggs and insurers Legal & General and Prudential.

Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 7th March 2022. These are projected dividends and likely to change. IG cannot be held responsible for any changes made.
Dividends highlighted in red include a special dividend, therefore some or all of the amount will not be adjusted. Amount in brackets is the expected adjustment after special dividends excluded (where shown on major indices). Dividend adjustments due to be posted on a bank holiday will usually be posted on the previous working day. 

The FTSE 100 index’s prospects for 2022 are faltering as Russia’s war with Ukraine looks set to become a protracted economic disaster.

The gold spot price is approaching a record high as investors seek an inflationary hedge. And as Russian gold stocks crater, Barrick Gold's long-term prospects continue to brighten.

The London trading session accounts for around 35% of total average forex turnover*, the largest amount relative to its peers. The London forex session also overlaps with the New York session throughout the year.

The IAG share price has fallen 22% from 178p on 10 February to 139p today. A complex cocktail of headwinds and tailwinds make further volatility inevitable.

As 2022 arrived, investors began to realise that a new market environment was beginning to dawn. After a decade of (mostly) low inflation and record-low interest rates, prices are rising and interest rates are beginning to move higher in response.

As the Russian invasion of Ukraine intensifies, these three heavily affected FTSE 100 stocks have become excellent watchlist additions for March 2022 and beyond.

March is poised to be a history-making 31 days. Apart from the fierce conflict between Ukraine and Russia, the financial world is also expecting critical decisions to change the game.

Imminent margin increase for Russia-exposed stocks

Pre-Warning: Imminent margin changes to FX positions

It is a busy week of data and earnings. Additional PMI readings from the US and China are joined by the monthly ADP and NFP reports for the US, providing the chance for further market volatility. Meanwhile, a host of earnings reports include full-year results from a variety of sectors, such as housebuilders, asset managers and also ITV, as well as some of the last US earnings reports for this season.

Rolls-Royce's share price fell 20% to 96p yesterday as CEO Warren East announces his departure. Meanwhile, the Ukrainian crisis threatens further disruption to the company's key civil aerospace division.

The price of oil, natural gas, and gasoline all jumped significantly despite the peace talks between Russia and Ukraine today.

Client sentiment, which looks at the number of long and short trades on a particular market, is a useful tool in a trading strategy. It is often said that clients look to sell into rising markets and buy into falling ones. There is an element of truth to this, but it is also important to look at turning points in sentiment, when the number of long positions begins to rise or fall. When combined with price analysis, the foundation of all good trading, a useful picture can emerge.

Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 28th February 2022. These are projected dividends and likely to change. IG cannot be held responsible for any changes made.
Dividends highlighted in red include a special dividend, therefore some or all of the amount will not be adjusted. Amount in brackets is the expected adjustment after special dividends excluded (where shown on major indices). Dividend adjustments due to be posted on a bank holiday will usually be posted on the previous working day. 

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.<br style="color:#353c41; font-size:14px; text-align:center">A dividend adjustment is a cash neutral adjustment on your account.

Index

Bloomberg Code

Effective Date

Summary

Dividend Amount

SX5E

KNEBV FH

2/03/2022

Special Div

0.35

SPX

CTRA US

4/03/2022

Special Div

0.41


How do dividend adjustments work?  

In the below article we look at near-term targets and update our trend assumptions for the S&P 500, Nasdaq 100 and Dow Jones Industrial Average in lieu of the Russia-Ukraine crisis impacting markets.

Euro tumbles as Russia attacks Ukraine, geopolitical tensions simmer; all eyes are on Western response as 2022 ECB rate hike bets dwindle and EUR/USD still remains in a key range, will breakout lower follow?

Shell and BP shares could soar as oil prices continue to rise. But both are exposed to volatility if Russia chooses to cut production.

Palantir shares are approaching a record low as investors recalibrate away from growth technology stocks. But strong full-year earnings and an escalating crisis on the Russia-Ukraine border could see them soar.

Synairgen shares shot up in July 2020 as it announced the discovery of a promising new pandemic treatment. But phase III trial results of its SNG001 medication yielded unexpectedly poor results yesterday.

Rolls-Royce (RR: LON) reports full-year (FY) earnings on Thursday 24 February.

Despite last week's de-escalation efforts, a possible escalation between Russia and Ukraine now looks almost inevitable. Markets will now have to face challenges not seen in decades.

The week begins quietly with a holiday in the US, but flash PMIs from around the globe will provide important updates on the economic recovery. US durable goods orders and consumer sentiment are other key events on the economic side, while in the UK plenty of full year results are released, including from major banks Lloyds and Barclays and miners Rio Tinto and Anglo American.