Our Picks
Top content from across the community, hand-picked by us.
Chinese Growth Lowest in 28 Years - EMEA Brief 21 Jan
Guest IGAaronC posted a blog entry in Market News,
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Guest,The bulls are coming back: APAC brief 21 Jan
MaxIG posted a blog entry in Market News,
The stock market’s biggest fan: There’s one market participant who is apparently willing that notion to be true: US President Donald Trump. The US President obviously uses the stock market’s performance as a measure of his success – rightly or wrongly. And over the weekend, amidst the very many Tweets that were Tweeted by Trump, this one outlined his view on the US economy and stock market: “the Economy is one of the best in our history, with unemployment at a 50 year low, and the Stock Market ready to again break a record (set by us many times)…” Quite a pledge to make – and one markets participants aren’t going to take too seriously. Regardless, it does provide a perversely comforting story for markets, to know that the US President is wishing this market higher.
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MaxIG,What's wrong with predictions?
Caseynotes posted a topic in General Trading Strategy Discussion,
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JamesIG,Stranger Things Have Happened: Netflix Earnings and More – EMEA Brief 18 Jan
Guest IGAaronC posted a blog entry in Market News,
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Guest,Mixed trade - APAC brief 18 Jan
MaxIG posted a blog entry in Market News,
US macro-outlook apparently strong: The notion the US economy is still on solid footing was supported by strong economic data last night. Both unemployment claims and the Philly Fed Manufacturing Index beat expectations, boosting confidence that the labour market and business activity is strong in the US. As has been repeated many-a-time throughout the recent stock-market funk, economic fundamentals could well be secondary or tertiary to other forces previously supporting equity markets.
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MaxIG,May Day: Theresa survives but for how long?
GeorgeIG posted a blog entry in Market News,
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GeorgeIG,Bullishness rolls on - APAC brief 17 Jan
MaxIG posted a blog entry in Market News,
Fear falling, confidence rising: Substance in the move higher is lacking, just at present. Fundamental justifications are emerging, though not in such way yet that justifies out-right bullishness in this market. Earnings season in the US has gotten off to a good start, with bellwether banks beating analyst forecasts thus far, and the overstated effects of Brexit have been contained. The meaty part of reporting season is still ahead of us, so evidence US corporates are in a better than expected shape remains wanting. The simple explanation for why market participants are more confident now is that they believe policymakers have their back. Separating the philosophical arguments about whether that ought to be proper reason to take-risk, invest and trade in a financial market, for self-interested traders, that’s enough of a cue to buy-in now.
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MaxIG,#IGBrexitChat - submit your questions to our panel - EMEA trading session
JamesIG posted a blog entry in IG Community Blog,
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JamesIG,Double defeat: Will May survive no confidence vote? - EMEA Brief 16 Jan
MichaelaIG posted a blog entry in Market News,
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MichaelaIG,The Brexit-vote fall-out - APAC brief 16 Jan
MaxIG posted a blog entry in Market News,
ASX today: SPI futures this morning is pointing to a gain on 7 points at the open, at time of writing. There are several risks that could undermine that outlook. As the laptop’s keys are being tapped, there is 2 hours left to go on Wall Street, and the UK Parliament have just begun the process to vote on UK Prime Minister May’s Brexit Bill. More on that later. ASX bulls today will be searching for a solid follow through from yesterday’s 0.71 per cent gain. The daily candle on the ASX200 chart showed a market controlled by buyers from start to finish: the market never dipped below its opening price, and it finished by leaping to a new daily (and 2-month high) at the close.
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MaxIG,Post in Brexit Countdown
Caseynotes posted a post in a topic,
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JamesIG,The meaningful vote: not-so-bad outcome or disaster? - EMEA Brief 15 Jan
Guest IG-Andi posted a blog entry in Market News,
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Guest,A (shallow) sea of red - APAC brief 15 Jan
MaxIG posted a blog entry in Market News,
A still quiet day: The VIX index jumped at the start of day’s session but is paring its gains. It remains below the 20 level still – far from its lofty December heights. Concerns about slower global growth is the theme as mentioned, however it’s not rattling trader nerves right now as much as it might have in the recent past. Activity has also been thin. Volumes in every major share market were markedly below average. The swings we have seen in prices too are very modest compared to what one might expect in a market still inhibited (somewhat) by thin holiday liquidity. Global growth is a major headwind, markets are sure of that. However, the behaviour of traders could just as readily be attributed positioning ahead of several weeks of event risk and possible uncertainty.
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MaxIG,Dividend Adjustments 14 Jan - 21 Jan
MaxIG posted a blog entry in Market News,
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JamesIG,Trade war hopes; US government shutdown; key Brexit vote - DailyFX Key Themes - EMEA and Americas
JohnDFX posted a blog entry in Market News,
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JamesIG,Clouds Loom as Chinese Economy Falters - EMEA Brief 14 Jan
Guest JoeIG posted a blog entry in Market News,
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Guest,Global stocks - APAC brief 14 Jan
MaxIG posted a blog entry in Market News,
US market’s cross-roads: The will of the Bulls was under scrutiny in the latter part of last week. The lingering question has yet to be answered: are we experiencing a recovery, or will this be a faded rally? The S&P500 couldn't manage to break the big-psychological resistance level of 2600. The bulls appeared to simply stall on Friday, with the US market according to the S&P500 closing a very narrow 0.01 per cent lower. Friday's trade amounted to the only negative session for the major-US stock index for the week. The upside-momentum is apparently waning for US equities. The VIX is lower it must be stated, so fear is diminishing in the market. But perhaps confidence is still rattled somewhat by December's market-rout.
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MaxIG,Using IG alerts to identify trading opportunities
JamesIG posted a blog entry in IG Community Blog,
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JamesIG,Will the New Year Blues continue? - EMEA Brief 11 Jan
MichaelaIG posted a blog entry in Market News,
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MichaelaIG,Sentiment cooling - APAC brief 11 Jan
MaxIG posted a blog entry in Market News,
ASX200’s crossroads: SPI futures are currently indicating a modest jump of 5 points for the ASX200 at the open. The conviction for Aussie-market Bulls will be tested today. The ASX200 stands before a reasonably significant wall, that if climbed, goes some way to validate that it's recent rally is more than a counter-trend. The zone between 5780 and 5800 has proven a marshy resistance area in the last two-days. The Bulls have done well to push the market through prevailing downward trend-line resistance, but now a meaningful push through 5800 is required to confirm the move higher. After a lukewarm day, the ASX managed to close at 5797, courtesy of a somewhat inexplicable 0.3 per cent jump in the index's price in the post-market auction.
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MaxIG,UK Retail Sales Average Flat Heading Into Super Thursday – EMEA Brief 10 Jan
Guest IGAaronC posted a blog entry in Market News,
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Guest,Bullish week continues - APAC brief 10 Jan
MaxIG posted a blog entry in Market News,
Confidence boosted by dovish Fed: That’s the perception, anyway. It could change but considering sentiment has vacillated recently on shifting “narratives”, a rosy outlook is apparently enough to pique risk-appetite. Combing through the fine-print of the Fed Minutes and few details jump out. Confidence about future growth has waned very slightly, and the need for higher interests has come into question. In fact, a few members voiced their belief the Fed should have kept rates on hold at the December meeting. The board also highlighted the disconnect between financial markets and the “real” economy, though it did add that downside risks to the US economy had increased. Without quoting line for line, the document contains the nuanced and market-sympathetic tone the bulls have been waiting for, vindicating this week’s upside turn in global equities.
Market response: The response by traders has been to buy stocks and bonds, sell the US Dollar, and seek out other risk-on-assets. The comprehensive S&P500 is dancing with the 2600 pivot point, and the reluctance to go beyond that level shows.
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MaxIG,Equities surge on trade talks progress; Oil rises - EMEA Brief 9 Jan
GeorgeIG posted a blog entry in Market News,
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JamesIG,Calmer trade, vigilance remains - APAC brief 9 Jan
MaxIG posted a blog entry in Market News,
US stocks await their test: An inflection point will arrive where market participants will have to decide whether to push this rally in global equities from simple bounce to true recovery. The United States stock market sits at the epicentre of financial market volatility right now and judging by the price action on the S&P500, we may be inching towards that point. Putting aside the nuance of individual geographies, the S&P500 has set the tone for trade in the rest of the world’s markets. As it stands, the index has demonstrated an initial higher low, following its recent bottom at 2350. The Bull’s fight really begins now, as traders eye a cluster of resistance levels between 2580 and 2630, which will determine in a big way whether this rally has legs.
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MaxIG,Combine drawings and indicators
JamesIG posted a blog entry in IG Product Updates,
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