ArvinIG

Hi @Jules_B, You can find details on how to transfer shares into IG. If you have an active IG share dealing or ISA account, you can request to transfer your personal shares or ISAs to IG from another UK-based broker from My IG. For Europe-based or US-based brokers to IG, you will need to contact your broker you wish to transfer from to initiate the request. They’ll guide you accordingly and contact our transfers team. More details here. Robinhood might be processing transfers as per US broker to broker regulations and procedures, but unfortunately we will need them to contact our transfer team. I hope that this information helps. All the best - Arvin

Hi @Onthecurve, We apologies for the inconvenience caused. Our IT team advised that they expecting a fix from Vodafone in the morning UK time. We will then be able to run test on the iOS app. Thank you for your patience - Arvin

S&P 500, DOW JONES, TECHNICAL ANALYSIS, RETAIL TRADER POSITIONING - TALKING POINTS Retail Traders continue to increase short bets on Wall Street Will S&P 500 and Dow Jones extend recent gains as a result? Keep a close eye on key near-term trendlines for resistance Looking at IG Client Sentiment (IGCS), retail traders recently increased bets that equities on Wall Street may decline ahead. Downside exposure is rising in the S&P 500 and Dow Jones. At times, IGCS can function as a contrarian indicator. If this trend in positioning continues, then the overall market may continue recovering from the volatility seen in January. S&P 500 SENTIMENT OUTLOOK - BULLISH The IGCS gauge shows that about 55% of retail traders are net-long the S&P 500. Since most traders are biased higher, this hints prices may continue falling. However, downside exposure has increased by 7.89% and 5.65% compared yesterday and last week respectively. The combination of current and recent changes in positioning is producing a bullish contrarian trading bias. S&P 500 FUTURES 4-HOUR CHART On the 4-hour chart, S&P 500 futures continue to trade under a near-term falling trendline from the beginning of this year. A bullish Golden Cross between the 20- and 50-period Simple Moving Averages (SMAs) remains in play, offering an upside technical bias. Clearing the trendline exposes the 61.8% Fibonacci retracement level at 4580 before targeting the 78.6% level at 4680. Downtrend resumption entails a close under the 4212 – 4266 support zone. Chart Created in Trading View DOW JONES SENTIMENT OUTLOOK - BULLISH The IGCS gauge reveals that about 42% of retail traders are net-long the Dow Jones. Since most traders are biased to the downside, this suggests prices may keep rising. This is as downside exposure increased by 28.75% and 16.09% compared to yesterday and last week respectively. The combination of current and recent changes in positioning are offering a bullish contrarian trading bias. DOW JONES FUTURES 4-HOUR CHART On the 4-hour chart, Dow Jones futures are attempting to breach a near-term descending trendline from the beginning of this year. A confirmatory close above the early February high at 35590 may hint at uptrend resumption. That would expose the January 13th peak at 36390 before this year’s high at 36832 comes into focus. Downtrend resumption entails a break under the 33031 – 33613 support zone. Chart Created in Trading View *IG Client Sentiment Charts and Positioning Data Used from February 8th Report DailyFX provides forex news and technical analysis on the trends that influence the global currency markets. DISCLOSURES Daniel Dubrovsky, Strategist for DailyFX.com 09 February 2022

Hi @Sartois, Both stocks are now live for share dealing. All the best - Arvin

Hi @pipsqueak, It seems that 2FA is not activated on your account, please go to My IG and follow the steps: If it doesn't work, we might need to inactivate and re-activate your 2FA from our end or get the IT team involved. Please reach out to helpdesk.au@ig.com or use the live chat feature on https://www.ig.com/au/contact-us All the best - Arvin

Hi @Archishard, That is correct for every new symbol it will open a new window. All the best - Arvin

CENTRAL BANK WATCH OVERVIEW: Both the Bank of Canada and Reserve Bank of New Zealand are expected to hike rates at their next meeting. Meanwhile, the Reserve Bank of Australia may wait to raise rates until mid-year, after Australian federal elections take place. Retail trader positioning suggests that the Australian Dollar and Canadian Dollar have bullish biases while the New Zealand Dollar is on neutral ground. INFLATION IN FOCUS, NOT OMICRON In this edition of Central Bank Watch, we’re examining the rates markets around the Bank of Canada, Reserve Bank of Australia, and Reserve Bank of New Zealand. While the COVID-19 omicron variant remains a concern, it has become less of a public health issue and more of a supply chain problem, exacerbating some of the highest inflation readings in decades. With labor markets around the world proving resilient, each of the three major central banks covered in this report are expected to hike interest rates relatively soon. For more information on central banks, please visit the DailyFX Central Bank Release Calendar. BOC OVERLOOKING WEAKER DATA The COVID-19 omicron variant may have led to weakness in the January Canada employment change report and a sharp rise in the unemployment rate, but that doesn’t mean that the Bank of Canada will be backing away from its hawkish stance anytime soon. In fact, BOC policymakers continue to downplay the impact of omicron on the path of interest rates; if anything, omicron has prolonged supply chain issues that are pushing inflation rates higher. And with oil prices continuing to surge, the Canadian economy is expected to regain its footing rather quickly. BANK OF CANADA INTEREST RATE EXPECTATIONS (FEBRUARY 8, 2022) (TABLE 1) One month ago, there was a 102% chance of a 25-bps rate hike in March (100% chance of a 25-bps rate hike plus a 2% chance of a 50-bps rate hike). Now, in spite of the weaker January Canadian labor market data, the odds of a 25-bps rate hike in March are 112% (100% chance of a 25-bps rate hike plus a 12% chance of a 50-bps rate hike). The next 25-bps hike is most likely to arrive in April (100% chance of a 25-bps rate hike and a 23% chance of a 50-bps rate hike). IG CLIENT SENTIMENT INDEX: USD/CAD RATE FORECAST (FEBRUARY 8, 2022) (CHART 1) USD/CAD: Retail trader data shows 67.08% of traders are net-long with the ratio of traders long to short at 2.04 to 1. The number of traders net-long is 9.59% higher than yesterday and 17.45% higher from last week, while the number of traders net-short is 5.11% higher than yesterday and 13.55% lower from last week. We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests USD/CAD prices may continue to fall. Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CAD-bearish contrarian trading bias. RBA TO HIKE RATES MID-YEAR The Reserve Bank of Australia is increasingly likely to raise interest rates in the first half of the year after several months of better than expected economic data. The current Australian unemployment rate is 4.2%, already-matching the RBA’s 2022 year-end forecast. But there is a potential hurdle that is delaying action by the RBA sooner: Australian federal elections have to be held by May at the latest. Once the elections pass, the RBA will be freer to act. RESERVE BANK OF AUSTRALIA INTEREST RATE EXPECTATIONS (FEBRUARY 8, 2022) (TABLE 2) RBA rate hike odds for 2022 have continued to rise in recent weeks, with five rate hikes now due before the year is over – this is up from three 25-bps rate hikes discounted one month ago. The timing of the rate hikes has been compressed in the second half of the year, in part due to the aforementioned Australian federal elections. The first 25-bps rate hike is expected to arrive in June (78% chance), with a second hike in August (94% chance), a third hike in September (57% chance), a fourth hike in November (93% chance), and the fifth and final hike in December (74% chance). IG CLIENT SENTIMENT INDEX: AUD/USD RATE FORECAST (FEBRUARY 8, 2022) (CHART 2) AUD/USD: Retail trader data shows 55.93% of traders are net-long with the ratio of traders long to short at 1.27 to 1. The number of traders net-long is 5.84% lower than yesterday and 5.27% lower from last week, while the number of traders net-short is 18.26% higher than yesterday and 29.54% higher from last week. We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests AUD/USD prices may continue to fall. Yet traders are less net-long than yesterday and compared with last week. Recent changes in sentiment warn that the current AUD/USD price trend may soon reverse higher despite the fact traders remain net-long. RBNZ RETAINS AGGRESSIVE EXPECTATIONS The Reserve Bank of New Zealand has yet to meet in 2022, but will do so in two weeks and bring forth its first 25-bps rate hike of the year. The New Zealand unemployment rate is the lowest since 1985, and inflation is persisting at its highest level in 30-years. House prices increased by +27.6% in 2021, an important consideration given that housing is part of the RBNZ’s remit. RESERVE BANK OF NEW ZEALAND INTEREST RATE EXPECTATIONS (FEBRUARY 8, 2022) (TABLE 3) There is a 129% chance of the RBNZ raising rates later this month (a 100% chance of a 25-bps rate hike and a 29% chance of a 50-bps rate hike). The next hike is expected to arrive at the following meeting in April, and then again in May. Overall, the RBNZ is expected to raise rates at six of its seven meetings in 2022. It remains the case that rates markets are discounting the quickest pace of rate hikes by any major central bank in the post-Global Financial Crisis era. IG CLIENT SENTIMENT INDEX: NZD/USD RATE FORECAST (FEBRUARY 8, 2022) (CHART 3) NZD/USD: Retail trader data shows 62.50% of traders are net-long with the ratio of traders long to short at 1.67 to 1. The number of traders net-long is 3.70% higher than yesterday and 7.69% lower from last week, while the number of traders net-short is 1.20% higher than yesterday and 42.37% higher from last week. We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests NZD/USD prices may continue to fall. Positioning is more net-long than yesterday but less net-long from last week. The combination of current sentiment and recent changes gives us a further mixed NZD/USD trading bias. DailyFX provides forex news and technical analysis on the trends that influence the global currency markets. DISCLOSURES Christopher Vecchio, CFA, Senior Strategist

We look at three of the big companies reporting this week on the ASX, as the reporting period enters its second week. Sources: Bloomberg Australia Shares Stock Technical analysis Commonwealth Bank of Australia (CBA) What are the markets expecting from CBA? Investors approach the CBA’s with a level of caution following a quarterly trading update last year the saw the share plunge from record highs. According to data published by CommSec, analysts are estimating Net Profit After TAX (NPAT) of 4.5B, and a dividend per share (DPS) of $1.81. Following bumper profits after a housing boom in Australia, tighter margins from a low interest rate environment are expected to be a headwind for revenues going forward. Analysts are also bearish on the stock. Out of 14 surveyed brokers by Reuters, the average rating is a sell, with 9 recommending a sell, 1 recommending a strong sell, 2 a hold, 1 a buy, and 1 a strong buy. Technical analysis of CBA shares Momentum is skewed to the downside for CBA shares currently, with the weekly RSI below 50 and trending lower. After hitting a record high at the back end of 2021, the stock’s uptrend has broken down, with the bears increasingly in control of the price. Going into earnings, key support for the stock sits around $92.20, which if broken, may open up a drop towards $US89.30. On the upside, the first major level of resistance is around $96.10. AGL Energy (AGL) What are the markets expecting from AGL? AGL is expected to post a steep loss when it posts half-year profits this week, with analysts estimating a $-70.7m bottom-line result. Despite this, the company is still tipped to pay out a dividend of $0.126 for the half. The weak financials are underpinned by a drop in wholesale power prices during the half, as lockdowns across Australia and the warmer weather reduced demand for energy. Currently, across surveyed brokers, analysts have an average hold rating on the stock, with 6 recommending to hold, 4 to buy, and 1 to sell. The average price target is implying the stock is trading at a discount however, with the consensus 12-month target at $9.93. Technical analysis of AGL shares AGL shares are showing signs of long-term reversal right now. After breaking-out of its downtrend, the share price is putting in a rounded bottom, with RSI showing positive momentum as it holds above 50. The stock is meeting resistance at its 50-week moving average right now, which if broken, could see it push towards $8.00. While on the downside, key technical supports exists at around $6.30. AMP (AMP) What are the markets expecting from AMP? Another loss for the financial year 2021 is expected from AMP, as the company continues to try and mend the damages inflicted by the Banking and Financial Services Royal Commission. Analysts are tipping a $-266.5m for the year, and no dividend to be paid out by the company, as net cash outflows from Australian Wealth and AMP Capital continues to impact the company’s performance. At present, broker analysts have an average hold rating on the company (2 buys, 7 holds, 3 sells) and consensus price target of $1.17. Technical analysis of AMP shares The trend for AMP shares remains lower, as investors stay largely bearish on the stock. Despite this, there are signs that downside momentum is slowing, with the weekly RSI showing a bullish divergence, and price carving out a descending wedge. Key technical resistance sits around 1.03 right now for AMP stock, while support sits around the most recent lower-low at $0.85. Take your position on over 13,000 local and international shares via CFDs or share trading – and trade it all seamlessly from the one account. Learn more about share CFDs or shares trading with us, or open an account to get started today. Kyle Rodda | Market Analyst, Australia 08 February 2022

Hi @Amrhossam @CPD4 @ScorpionTrader @Rh23, The IT team is working on the matter. It has been identified that the issue only affects clients using Vodafon as their ISP. More generally, some Vodafon clients have not been upload images or videos on Twitter for few days now. We are trying to get a fix on Vodafon ends but we are awaiting for a fix. A workaround would be to use a Wifi network at the moment. We will keep you updated once fixed by Vodafon. Thank you for your patience - Arvin

Hi @maxoliver100 @money-machine, We reached out to the development team to have an update on the MT5 integration as we are moving into 2022. We will keep you updated as soon as we have more information. Thank you - Arvin

AUSTRALIAN DOLLAR, AUD/USD - TALKING POINTS AUD/USD has steadied back in the range after some volatility The Aussie might have bearish momentum unfolding Will a trend eventually assert itself in AUD/USD? AUD/USD TECHNICAL ANALYSIS The Australian Dollar has been making lower lows and lower highs since making a peak just above 0.8000 in February last year. This is illustrated by descending trend lines above and below the price. Last week, a spinning top candlestick formation occurred and the price went more than 1% lower the next day. It has since recovered almost all of those loses, but a number of potential resistance levels are just above the price. The recent high of 0.71684 fell just short of a pivot point at 0.71700. It was also below the prior high of 0.71812. These all remain possible resistance levels. In addition, the 21, 34 and 55-day simple moving averages (SMA) are clustered nearby and may also offer resistance. Further up, resistance might be found at the descending trend line which is just below the 100-day SMA, currently near 0.7250. Previous highs at 0.72768 and 0.73143 could also offer resistance. A bearish triple moving average (TMA) formation requires the price to be below the short term SMA, the latter to be below the medium term SMA and the medium term SMA to be below the long term SMA. All SMAs also need to have a negative gradient. Looking selectively across multiple SMA time frames, a TMA formation might be in place. The 21, 55 and 100-day SMAs tick these boxes. However, the 10-day and 34-day SMAs are out of order for a TMA formation. Should the price move below the 10-day SMA and stay there, the order and gradient across all SMAs would fulfill the criteria for a bearish TMA. On the downside, support could be at the recent lows of 0.70518 and 0.69676 or at the pivot that is between those levels at 0.69913, the latter is the low from November 2020. Support may also be found at the descending trend lines, currently near 0.6960 and 0.6920. DailyFX provides forex news and technical analysis on the trends that influence the global currency markets. DISCLOSURES Daniel McCarthy, Strategist, DailyFX 08 February 2022

Hi @Max_, I reached out to the development team for an update as we are moving into 2022. Thank you - Arvin

Hi @Amrhossam @CPD4, Thank you for your messages, I raised the issue to IT. Could you please both confirm who is you provider? It could be an ISP issue. Thank you for confirming - Arvin

Hi @Archishard, Thank you for your message. You can split the charts : You will have two or more charts showing the same symbol. The split chart won't be able to change symbols as this window is specific to a particular symbol. You will need to add the symbol to your workspace and split the charts again. You can save the layout of a chart by right clicking on the chart > Layouts > Save as: If you need further assistance, feel free to reach out to helpdesk.uk@ig.com. All the best - Arvin

Hi @Amrhossam, Thank you for your post. It is possible that the 4G connection is unstable or to weak to support the data feed. Could you please confirm which Iphone model and iOS version you are using? We will be able to raise it to IT or App developer for some feedback. Thank you - Arvin

Hi Sartois, Your request has been submitted to the dealing desk. All the best - Arvin

Hi @FedeFede, I believe that there is no keyboard shortcuts to open and close positions to avoid any fat-finger error and limit trade disputes. All the best - Arvin

Find out what to expect from Disney’s earnings results, how they will affect Disney share price, and how to trade Disney’s earnings. Source: Bloomberg Shares The Walt Disney Company Price Streaming media Relative strength index Netflix When is Disney’s results date? It’s felt like a long wait since competitor Netflix’s earnings results last month, but we’ll get fourth quarter (Q4) figures from the more diversified media conglomerate this coming Wednesday, February 9, after the market close. Disney share price: forecasts from Q4 results And investors will be hoping that it isn’t just a gap in its timing release, but also that it won’t share the same fate as the streaming company whose Q4 results beat on earnings but flashed warning signs on upcoming Q1 subscriber growth, citing “added competition” that could impact additional growth. Disney+ is seen as the leader in that category of added competition, and just as the plummet in Netflix’s price dragged its streaming rivals down with it (though by a smaller percentage), investors in the sphere will be noting how Disney fares on that front and whether it’ll avoid mirroring the story of slow growth on the streaming front. It doesn’t help that it missed last time around on both earnings (37 cents vs. estimates of 51 cents) and revenue ($18.53 billion vs. $18.79 billion expectations), subscriber growth of just 2.1 million for a total of 118.1 million. And its chief executive officer (CEO) then expected “low single-digit millions” when it came to Q4 streaming subscriptions. The theme following Netflix’s earnings has seemingly highlighted the end to that Covid-19 pandemic push. But where those whose business relies solely on streaming might not enjoy significant growth in a phase of reopening, it’s here where the conglomerate’s more diversified offering might shine, even if Covid-19 Omicron is expected to impact it somewhat in the past quarter. Putting it all together, and expectations are for a higher earnings per share figure of $0.61 (after being revised lower over the past quarter), and for revenue averaging $18.74 billion (source: finance.yahoo.com). When it comes to analysts’ ratings, the number of holds has increased threefold, with downgrades since taking some into underperform and sell territory, the latter absent a few months ago amongst the majors. Overall, it’s no longer a majority advocating either a buy or strong buy, for a more mixed outlook instead (finance.yahoo.com). Trading Disney’s Q4 results: Disney weekly chart with key technical indicators, technical overview and trading strategies The overview a few months ago on the weekly time frame was consolidatory but with negative technical bias, and since then the picture hasn’t gotten any rosier. The prices have managed to partially recover off of the lower end of its weekly Bollinger Band, thus far beneath nearly all of its main moving averages (MAs) in this longer-term time frame, oscillating within its weekly bear trend channel, an ADX (Average Directional Movement Index) reading in trending territory, its negative Directional Movement (DI-) holding a healthy margin over its positive Directional Movement (DI+), and a relative strength index (RSI) figure above but not far off oversold territory as seen in the chart below. Source: ProRealTime A technical overview that’s usually classified as a stalling bear trend, in the sense that most weeks haven’t offered sell-breakout strategies much momentum beyond key support levels, with intraweek movement mostly limiting save for the week of the 8 November and the 17th of last month. And while that usually translates into conformist sell-breakouts and contrarian buy-breakout strategies getting tested absent volatility with reversals enjoying better performance, let’s not forget that fundamental updates like Wednesday’s earnings have a tendency to fall into the volatile category. As a reminder, technicals hold less relevance in the face of significant events and a company’s earnings definitely falls within the scope of major fundamentals influencing its share price. Current technical overview Bear Trend - Stalling Technical overview conformist strategies Sell 1st resistance after reversal, sell 1st support upon breakout from above Technical overview contrarian strategies Buy 1st support at/before price, buy 1st resistance upon breakout from below S/L for 2nd resistance 157.98 2nd Resistance 154.98 S/L for 1st resistance 151.97 1st Resistance 148.97 Relative starting point 142.97 1st Support 136.97 S/L for 1st support 133.97 2nd Support 130.96 S/L for 2nd support 127.96 IG Client sentiment* and short interest for Disney shares For traders and investors alike, the past quarter’s share price decline has been a real test, extreme buy bias held amongst retail traders little changed since we did the Q3 earnings preview released last November, down a notch at 98% from what was a near full majority long bias. Short interest has dropped since, as it was above 24 million in the previous commentary a few months back, while the latest (out of shortsqueeze.com) shows a drop to over 20 million, though in the grand scheme of things is still slightly above 1% of the total. Source: IG charts * The percentage of IG client accounts with positions in this market that are currently long or short. Calculated to the nearest 1%, as of the start of the week for the outer circle. Inner circle is from the previous earnings preview on Friday, November 5, 2021. Monte Safieddine | Market analyst, Dubai 05 February 2022

Hi @Drfr3ak, To follow up on your application you can email newaccounts.au@ig.com or call 1800 601 799 The account opening team will be able to provide you with an update on your application. All the best - Arvin

NASDAQ 100,HANG SENG INDEX, ASX 200 INDEX OUTLOOK: Dow Jones, S&P 500 and Nasdaq 100 closed -0.56%, +0.08%, and +0.75% respectively on Friday US 10-year Treasury yields reached 2-year high, weighing on the technology sector Asia-Pacific markets look set to open modestly higher. US markets will reopen after a holiday Nasdaq 100, Hang Seng Index, Treasury Yield, BOJ, Asia-Pacific at the Open: US markets will resume trading on Tuesday after a break. Investors will continue to monitor banks’ earnings for clues about rising costs and higher net interest margin down the road. Last week, JPMorgan and Citigroup announced disappointing results as they both highlighted cost ‘headwinds’ and moderating Wall Street Revenue. Today, GoldmanSachs will release its Q4 earnings. The rate of 10-year US treasuries climbed to a fresh two-year higher of 1.81%, exerting downward pressure on equities as bonds offer an alternative to risk assets. Treasury yields are viewed as risk-free benchmark, which will affect rates on bonds and other assets. Higher yields translate into rising borrowing costs for leveraged corporates and individuals, potentially squeezing their profit margin. This renders the Nasdaq 100 index more susceptible to selling compared to the Dow Jones, as many tech companies are highly leveraged and do not generate positive cash flow. US 10-Year Treasury Yield Chart created with TradingView Asia-Pacific markets look set to trade higher following a positive lead from European markets. A string of upbeat data from Japan and China boosted sentiment on Monday, underscoring resilience of the world’s second- and third- largest economy against the headwind of the Omicron variant. China’s central bank, the PBOC, cut the borrowing cost of 1-year MLF by 10 bps, exceeding market expectations. Futures in Japan, mainland China, Australia, Hong Kong, Taiwan, Singapore, Thailand and Indonesia are in the green, whereas those in South Korea, Malaysia and India are in the red. Looking ahead, the BoJ interest rate decision dominates the economic docket alongside UK jobs report and German ZEW economic sentiment index. Find out more from theDailyFX economic calendar. Hong Kong’s Hang Seng Index (HSI) fell 0.68% on Monday, with technology shares leading the decline. Hong Kong stocks have largely lagged behind global peers throughout 2021. Many investors are eyeing them for bargain hunting, including mainland investors. Exchange data showed that HKD 1.46 billion have flowed into the Hong Kong market on Monday via stock connections, marking a ninth consecutive session of net inflow (chart below). Southbound Flow vs. Hang Seng Index Source: Bloomberg, DailyFX Nasdaq 100 IndexTechnical Analysis The Nasdaq 100 index risks breaching below a key support level of 15,550 – the lower bound of the range-bound zone it traded over the last few months. Failing to hold above this level would bring the next support level of 15,310 and then 14,800 into focus. The MACD indicator is trending lower, suggesting that downward momentum may be prevailing. Nasdaq 100 Index– Daily Chart Chart created with TradingView Hang Seng Index Technical Analysis The Hang Seng Index (HSI) is attempting to breach a “Falling Wedge” pattern from the upside, as highlighted in the chart below. A successful attempt may signal a bullish trend reversal and open the door for further gains. Prices have pulled back to the upper trendline looking for immediate support. The MACD indicator is trending higher below the neutral midpoint, suggesting that bullish momentum may be building. Hang Seng Index – Daily Chart Chart created with TradingView ASX 200 Index Technical Analysis: The ASX 200 index pulled back to a range-bound zone between 7,200 to 7,500 after a ‘false breakout’ last week. The floor and ceiling of the range may be viewed as immediate support and resistance levels respectively. The overall trend remains bullish-biased, as prices formed consecutive higher highs and higher lows over the past three months. A meaningful breach above 7,500 may intensify buying pressure and expose the next resistance level of 7,760. ASX 200 Index – Daily Chart Chart created with TradingView DailyFX provides forex news and technical analysis on the trends that influence the global currency markets. DISCLOSURES Margaret Yang, Strategist, DailyFX 18 January 2022

The Bank of Japan is set to hold their monetary meeting across 17 – 18 January 2022, with the meeting bringing about its latest outlook on growth and inflation. Source: Bloomberg Forex Bank of Japan Inflation Japan Japanese yen United States dollar Policy tools to remain unchanged, but outlook will be in focus The upcoming meeting is largely expected to see the Bank of Japan (BOJ) keeping its current policy stance unchanged. This includes keeping in place its target of -0.1% for short-term rates and 0% for the 10-year bond yield, under its policy of negative interest rate policy (NIRP) and yield curve control (YCC). This comes as the country faces a fresh wave of virus resurgences, seemingly on track to surpass its virus peak in August last year. With Japan extending most border restrictions until end of February to tackle virus spreads, a step away from its accommodative stance seems unlikely and the BOJ has the room to exercise patience in its policy settings with inflation still way below its target. Its latest core consumer price index (CPI) figure pointed to a 0.5% increase year-on-year (YoY), compared to the central bank's goal of 2%. The focus for the upcoming meeting will instead lie on its latest outlook report, with fresh updates on growth and inflation expectations. While the economy continues to be on the path of recovery, global supply chain disruptions and a resurgence in Covid-19 pandemic cases pose near-term downside risks to its fiscal 2021 growth outlook. That said, any downward revision may likely be offset by an upward revision into fiscal 2022, with Japan PM Fumio Kishida’s upcoming fiscal stimulus package expected to provide some support for growth ahead. With the large divergence between the firms’ costs and consumer prices, further cost pass-through to consumers may also likely lead to an upward revision to inflation forecast. For now, this may still seem to be positive for Japan by pulling away from its previous struggle with deflation and the absence of any significant jump near the 2% mark may likely bring about little surprise. Source: Statistics Bureau of Japan With global central banks increasingly shifting towards policy normalisation, any longer-term policy outlook guidance from the BOJ will also be on watch. While its accommodative policy is largely expected to remain near-term, the BOJ has increasingly taken some steps towards normalisation. The previous meeting saw the central bank revealing plans to scale back its purchases of corporate bonds and commercial paper after the March 2022 timeline. Recent reports suggest that there may be some discussions between policymakers on how soon they can start telegraphing an eventual interest rate hike. With markets riding on the belief that the BOJ may keep rates unchanged until inflation nears 2%, any hints from the BOJ meeting which challenge this view may provide a positive surprise for the yen by suggesting that the markets may have been underestimating the shift in the BOJ’s stance. Japan 225 riding on some cautious mood On the four-hour chart, an upward trendline seems to be serving as a support line for Japan 225 index, having held prices up on at least five previous occasions. That may seem to put the 28,000 level on watch. Recent bottoms are also met with higher lows on the moving average convergence divergence (MACD) indicator, suggesting that prices may attempt to go higher in the near-term. That said, the longer-term movement remains uncertain for now, considering that the index has been largely trading within a consolidation pattern since January last year. Any upside ahead may potentially face resistance at the 28,800, where prices failed to break above in two occasions over the past week. Source: IG charts USD/JPY seeing recent downward pressure The USD/JPY has pulled back from its recent higher highs, with a bearish MACD crossover suggesting near-term momentum to the downside. Past instances seem to suggest that USD/JPY movement may be driven by external factors, with a lesser extent coming from the BoJ meeting. Despite Federal Reserve (Fed) officials supporting a tighter monetary policy and US CPI at its highest level in nearly 40 years, the US dollar has been seeing some selling pressure, with market expectations having largely priced for a March’s Fed rate hike and overall three to four hikes through 2022. That said, continued climbs in the US Treasury yields may be a catalyst to limit further downside for US dollar, with the 113.10 level on watch as potential support for the USD/JPY pair. Source: IG charts Yeap Jun Rong | Market Strategist, Singapore 17 January 2022

There are three major forex trading sessions which comprise the 24-hour market: the London session, the US session and the Asian session. Each major geographic market center can exhibit vastly unique traits and tendencies that can allow traders to effectively execute strategies at any time. Although the forex market is the most liquid of all asset classes, there are periods whereby volatility is constant, and others subdued. Understanding these different forex session times can improve the reliability of a forex trading strategy. In this article, we will explore each of these forex market sessions including their key characteristics – forex time zones and how they affect trading. WHAT ARE THE MAIN FOREX TRADING SESSIONS? Customarily, the forex market is divided into three market sessions: Asian session (Tokyo) European session (London) US session (New York) The forex market is seen as highly functional/dynamic during these trading sessions as major banks, institutions and retail traders are operational. Noting the specific times of each trading session will assist forex traders in developing their trading strategies around this data. SESSION MAJOR MARKET TIME (GMT) US NEW YORK 13:00 - 22:00 ASIAN TOKYO 00:00 - 09:00 EUROPEAN LONDON 08:00 - 17:00 ASIAN TRADING SESSION Tokyo is the first forex session to open, and many large participants use the trade momentum In Asia to develop their strategies and utilise as a gauge for future market dynamics. Approximately 6% of the world's FX transactions are enacted in the Asian trading session. EUROPEAN TRADING SESSION London is the largest and most important forex trading session in the world, with roughly a 34% market share of the daily forex volume. Most of the world's largest banks keep their dealing desks in London because of the market share. The large number of participants in the London forex market and the high value of the transactions makes the London session more volatile than the other two forex sessions. The onslaught of liquidity coming in from London can greatly increase the ‘average hourly move’ of major currency pairs such as EUR/USD. The chart below illustrates this statistic based on the time of day - notice the increase that takes place as the European trading session begins at 03:00 ET (08:00 GMT). Source: DailyFX Traits of Successful Traders research (2010-2012) US TRADING SESSION The second largest trading market, New York handles approximately 16% of the world's forex transactions. Many of the transactions in New York occurs during the US/Europe overlap, with transactions slowing as liquidity dries up and European traders exit the forex market. Notice the green dot on the previous chart around 08:00 ET (13:00 GMT) when US comes online and when the market has the Europe/US overlap, the average movement increases even further until London falls offline (denoted by the red dot) near 12:00 ET (17:00 GMT). WHEN IS THE BEST TIME TO TRADE? DailyFX data has shown over the last 10 years, European currency pairs have shown greater success when traded during the 19:00 -11:00 GMT period. As mentioned previously, the liquidity during this time is relatively low as the US session has little/no affect. This lower liquidity allows for range bound trading strategies with greater use of indicators such as RSI. Day traders who like ranges, meaning buying at support and selling at resistance should consider trading the European currencies during the late US session into the Asian session (19:00-07:00GMT). Day traders who like breakouts and trends should consider trading when Europe comes online to when the Europe moves offline (08:00-17:00GMT). Secondarily, trading Asian currencies (AUDor NZD) during the Asian session may provide some breakouts too as that is the active business day for those home currencies. If you try to trade breakouts of European currencies during the Asian session, you will likely find it frustrating as those markets tend not to move as much since that is ‘off hours’ for those currencies. For more insights on forex trading sessions, read “When is the best time of day to trade forex?” SUPPORTING PAGES AND GUIDES TO ENHANCE YOUR FOREX TRADING EXPERIENCE If you are just starting out on your trading journey it is essential to understand the basics of forex trading in our free New to Forex trading guide. We also offer a range of trading guides to supplement your forex knowledge and strategy development. Our research team analyzed over 30 million live trades to uncover the traits of successful traders. Incorporate these traits to give yourself an edge in the markets. Traders often look to retail client sentiment when trading popular FX markets. DailyFX provides such data, based on IG client sentiment. DailyFX provides forex news and technical analysis on the trends that influence the global currency markets. DISCLOSURES Warren Venketas, Analyst, DailyFX 18 January 2022

Hi @rcchen, You will indeed be entitled for franking credits for any dividends received on your shares. Whilst they are not included in the daily statements, all details regarding franking credits will be available in your annual tax statement which will be sent out at the end of the tax year. I hope that it helps All the best - Arvin

Hi @mildydaz, Trading cryptocurrency CFDs involves speculating on whether a cryptocurrency’s price will go up or down – without taking ownership of any underlying coins. Therfore you won't be able to add them to your wallet. You can find further information on : https://www.ig.com/au/cryptocurrency-trading I hope that it helps! All the best - Arvin

Hi @andreas16, You can reach out to webapisupport@ig.com fo further assitance on APIs. All the best - Arvin