Our Picks
Top content from across the community, hand-picked by us.
Dollar and Dow Wound Up Before NFPs and Holiday Drain
MongiIG posted a blog entry in Market News,
Dow, NFP, EURUSD, USDCAD and USDJPY Talking Points:
Markets have been remarkably restrained this week – on point with the seasonal expectations but also an ominous lead in to Friday’s concentrated event risk.
While US NFPs are the top listing for the week, the ISM service sector activity report can similarly tap into Fed taper expectations.
As liquidity thins out before the US event risk Friday, be mindful of sudden and possibly extreme volatility in Dollar pairs and risk assets (eg Dow).
Markets have been remarkably restrained this week – on point with the seasonal expectations but also an ominous lead in to Friday’s concentrated event risk.
While US NFPs are the top listing for the week, the ISM service sector activity report can similarly tap into Fed taper expectations.
As liquidity thins out before the US event risk Friday, be mindful of sudden and possibly extreme volatility in Dollar pairs and risk assets (eg Dow).
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MongiIG,
Post in Trade against customer
MongiIG posted a post in a topic,
Hello, your questions are being answered - IG community.
Thank you all for your contributions and asking questions to the 'Trade against customer' forum. We wanted to let you know we have picked up questions from this forum and we thought it was best for Adam Blemings, IG’s Head of trading, to address them in a webinar.
Thank you all for your contributions and asking questions to the 'Trade against customer' forum. We wanted to let you know we have picked up questions from this forum and we thought it was best for Adam Blemings, IG’s Head of trading, to address them in a webinar.
Picked By
MongiIG,
US jobs report preview: ADP and PMI hint at potential payrolls disappointment
MongiIG posted a blog entry in Market News,
Friday’s US jobs report could bring weaker outlook as ADP and PMI surveys hint at potential NFP disappointment.
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MongiIG,
Dollar Forecast Leans Further on NFP after ADP, Dow Quiet Hits Extreme
MongiIG posted a blog entry in Market News,
DOW, NFP, EURUSD, AUDUSD AND USDTRY TALKING POINTS:
Despite the long-awaited transition from August to September, the first day of trade in the new month didn’t bring a sudden resurgence of activity.
The US ADP private payrolls report and the employment component of the ISM’s manufacturing survey have leveraged the importance of Friday’s NFPs.
EURUSD and AUDUSD have put in for more convincing technical breaks, but what is the real capacity for this market to develop a genuine trend?
Despite the long-awaited transition from August to September, the first day of trade in the new month didn’t bring a sudden resurgence of activity.
The US ADP private payrolls report and the employment component of the ISM’s manufacturing survey have leveraged the importance of Friday’s NFPs.
EURUSD and AUDUSD have put in for more convincing technical breaks, but what is the real capacity for this market to develop a genuine trend?
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MongiIG,
British Pound Technical Analysis: GBP/CHF, GBP/AUD, GBP/CAD, GBP/NZD
MongiIG posted a blog entry in Market News,
BRITISH POUND, GBP/CHF, GBP/AUD, GBP/CAD, GBP/NZD – TALKING POINTS:
GBP/CHF re-enters multi-month channel after bouncing off 200-DMA.
GBP/AUD breaks lower out of ascending channel, targeting 0.618 retracement.
GBP/CAD continues to oscillate above support, trend remains neutral.
GBP/NZD plummets through trendline, eyeing 200-DMA for fresh support.
GBP/CHF re-enters multi-month channel after bouncing off 200-DMA.
GBP/AUD breaks lower out of ascending channel, targeting 0.618 retracement.
GBP/CAD continues to oscillate above support, trend remains neutral.
GBP/NZD plummets through trendline, eyeing 200-DMA for fresh support.
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MongiIG,
Crude Oil Forecast: OPEC+ May Shelve Output Increases as Covid Dents Demand
MongiIG posted a blog entry in Market News,
CRUDE OIL, OPEC, COVID, EIA, API – TALKING POINTS:
Crude and Brent oil dropped in August as Covid fueled demand fears.
OPEC+ decision may see cartel reign in supply to support prices.
Technical outlook is slightly bullish after retaking key trendline.
Crude and Brent oil dropped in August as Covid fueled demand fears.
OPEC+ decision may see cartel reign in supply to support prices.
Technical outlook is slightly bullish after retaking key trendline.
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MongiIG,
Why is Tesla's share price rising?
ArvinIG posted a blog entry in Market News,
EV giant Tesla’s stock price rallied on a potential positive development in its plans to enter India.
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ArvinIG,
British Pound (GBP) Price Outlook: EUR/GBP Primed for Move Higher
MongiIG posted a blog entry in Market News,
GBP PRICE, NEWS AND ANALYSIS:
GBP/USD continues to edge higher as the US Dollar slips back.
Meanwhile, EUR/GBP looks ready for another upward move as a symmetrical triangle pattern on the charts suggests further gains ahead.
GBP/USD continues to edge higher as the US Dollar slips back.
Meanwhile, EUR/GBP looks ready for another upward move as a symmetrical triangle pattern on the charts suggests further gains ahead.
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MongiIG,
Crude Oil Prices May Struggle at Trend Top, Inventories and OPEC+ Eyed
MongiIG posted a blog entry in Market News,
CRUDE OIL OUTLOOK:
Crude oil prices up in risk-on trade as London reopens after bank holiday.
Follow-through may be limited as trend-defining chart barrier approaches.
API and EIA inventories data, OPEC+ meeting are in the spotlight ahead.
Crude oil prices up in risk-on trade as London reopens after bank holiday.
Follow-through may be limited as trend-defining chart barrier approaches.
API and EIA inventories data, OPEC+ meeting are in the spotlight ahead.
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MongiIG,
UK Pound Forecast: Sterling Setups for the Week Ahead, GBP/USD, EUR/GBP
MongiIG posted a blog entry in Market News,
POUND STERLING (GBP)TALKING POINTS:
UK bank holiday likely to result in lower trading volumes on Monday.
GBP Tech setups ahead of major risk events: GBP/USD, EUR/GBP.
Major risk events: EU Core inflation then US consumer confidence, PMIs and NFP.
UK bank holiday likely to result in lower trading volumes on Monday.
GBP Tech setups ahead of major risk events: GBP/USD, EUR/GBP.
Major risk events: EU Core inflation then US consumer confidence, PMIs and NFP.
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MongiIG,
Fed and ECB Accommodative as Euro Opens Flat
MongiIG posted a blog entry in Market News,
EUR/USD PRICE ANALYSIS:
EUR/USD unchanged post-Jackson Hole.
Euro tests key technical levels.
IGCS undecided as traders are equally split.
EUR/USD unchanged post-Jackson Hole.
Euro tests key technical levels.
IGCS undecided as traders are equally split.
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MongiIG,
US Dollar Weakens as Dovish Fed Lifts Stocks, Bonds, Commodities and Other Currencies. Where To From Here?
MongiIG posted a blog entry in Market News,
US DOLLAR, GOLD, CRUDE OIL, DOVISH FED, JACKSON HOLE AFTERMATH - TALKING POINTS:
The Jackson Hole symposium managed to deliver some action.
APAC equities slightly higher, joined by commodities and other currencies.
Undermined US Dollar boosts commodities. Where to for gold?
The Jackson Hole symposium managed to deliver some action.
APAC equities slightly higher, joined by commodities and other currencies.
Undermined US Dollar boosts commodities. Where to for gold?
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MongiIG,
The Week Ahead On The Markets
MongiIG posted a blog entry in Market News,
The end of the August holiday period sees the return of more important economic data, including the monthly US job surveys, the ADP and NFP reports. The NFP report is expected to show a slowdown in job growth, but at a still-strong pace, while the ADP report is forecast to show an increase in job creation. Other key data include Chinese PMI figures for August and US ISM PMIs for the same month. Earnings news is still quiet, but UK retailer Superdry and housebuilder Barratt Developments report full-year numbers. Video
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MongiIG,
Dividend Adjustments 30th August 2021 - 6th September 2021
ArvinIG posted a blog entry in Market News,
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 30th 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
TOP40
GLN SJ
01/09/2021
Special Div
0.04 USc
UKX
GLEN LN
02/09/2021
Special Div
0.04 USc
RTY
RMR US
02/09/2021
Special Div
7
SPX
PXD US
02/09/2021
Special Div
1.51
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.
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
TOP40
GLN SJ
01/09/2021
Special Div
0.04 USc
UKX
GLEN LN
02/09/2021
Special Div
0.04 USc
RTY
RMR US
02/09/2021
Special Div
7
SPX
PXD US
02/09/2021
Special Div
1.51
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.
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ArvinIG,
Zoom Q2 earnings: more than just a pandemic stock?
MongiIG posted a blog entry in Market News,
Zoom prepares to report Q2 earnings, but will the gradual easing of restrictions hinder its growth path? Zoom reports earnings for the second quarter (Q2) of their fiscal year after market close on Monday August 30, 2021.
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MongiIG,
US Dollar Price Action Set Up Ahead of Fed Chair Powell Speech
MongiIG posted a blog entry in Market News,
USD Price Analysis & News:
All Eyes on Fed Chair Powell.
Fed Hawks Out in Force.
All Eyes on Fed Chair Powell.
Fed Hawks Out in Force.
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MongiIG,
Dollar Traders Focused on Powell at Jackson Hole, EURUSD Capable of 1.1775-1.1650 Break?
MongiIG posted a blog entry in Market News,
S&P 500, VXX AND EURURSD TALKING POINTS:
Heading into the final trading day of the week – but still in the thick of the liquidity doldrums –Fed Chairman Powell’s statement and the PCE update are a beacon.
The S&P 500 and most other risk-leaning assets swooned this past session as market participants readied for this week’s top event risk.
Considering the Fed is actively attempting to avoid market volatility and there is still more than a week until the end of the market’s ‘summer’, is there potential for a serious trend?
Heading into the final trading day of the week – but still in the thick of the liquidity doldrums –Fed Chairman Powell’s statement and the PCE update are a beacon.
The S&P 500 and most other risk-leaning assets swooned this past session as market participants readied for this week’s top event risk.
Considering the Fed is actively attempting to avoid market volatility and there is still more than a week until the end of the market’s ‘summer’, is there potential for a serious trend?
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MongiIG,
EUR/USD Outlook: Will the Fed Move the Needle at Jackson Hole for the Most Liquid Currency Pair?
MongiIG posted a blog entry in Market News,
EUR/USD, FED, POWELL, INFLATION, US DOLLAR, CHINA, JACKSON HOLE - TALKING POINTS:
Markets remained subdued ahead of the Jackson Hole symposium.
Fed-speak around inflation expectations will be closely watched.
EUR/USD liquidity may be short on surprises. Will the Euro downtrend resume?
Markets remained subdued ahead of the Jackson Hole symposium.
Fed-speak around inflation expectations will be closely watched.
EUR/USD liquidity may be short on surprises. Will the Euro downtrend resume?
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MongiIG,
British Pound Outlook: GBP/USD Supported by USD Weakness, UK Covid Data Warns
MongiIG posted a blog entry in Market News,
British Pound (GBP) Price Outlook:
US dollar holds the key to the next GBP/USD move.
UK new covid cases continue to rise.
US dollar holds the key to the next GBP/USD move.
UK new covid cases continue to rise.
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MongiIG,
Hang Seng Index attempting to rebound from nine-month low
MongiIG posted a blog entry in Market News,
Hang Seng Index is down close to 6.5% year-to-date. Does its recent bounce indicate a longer-term shift in sentiments?
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MongiIG,
Nasdaq Hits Another High, GME and AMC Soar - Are They Telling Us Something?
MongiIG posted a blog entry in Market News,
NASDAQ PRICE, CHART, AND ANALYSIS:
Tech stocks may be betting on Jay Powell delaying a taper timetable announcement.
Meme stocks back in the spotlight.
Tech stocks may be betting on Jay Powell delaying a taper timetable announcement.
Meme stocks back in the spotlight.
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MongiIG,
Precious metals in focus ahead of Powell's Jackson Hole appearance
MongiIG posted a blog entry in Market News,
The long-term outlook highlights a propensity for gold to outperform. However, with treasury yields on the rise, could we be set for a period of relative silver strength?
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MongiIG,
Jackson Hole preview: tapering uncertainty expected to ensure market volatility
MongiIG posted a blog entry in Market News,
Tapering talk looks likely to dominate the Jackson Hole Symposium, but recent FOMC minutes highlight the potential for volatility given growing uncertainty.
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MongiIG,
SuperTrend and Volume Weighted Average Price Indicators now available
MongiIG posted a blog entry in IG Product Updates,
We're happy to announce that both Super Trend and Volume Weighted Average Price Indicators are now available to use on the web platform and mobile app.
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MongiIG,
How to Read a Candlestick Chart
MongiIG posted a blog entry in IG Community Blog,
READING CANDLESTICK CHARTS – TALKING POINTS:
Candlestick charts differ greatly from the traditional bar chart.
Traders generally prefer using candlestick charts for day-trading because they offer an enjoyable visual perception of price.
It’s important to understand the key components of a candle, and what they indicate, to apply candlestick chart analysis to a trading strategy.
Candlestick charts differ greatly from the traditional bar chart.
Traders generally prefer using candlestick charts for day-trading because they offer an enjoyable visual perception of price.
It’s important to understand the key components of a candle, and what they indicate, to apply candlestick chart analysis to a trading strategy.
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