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KoketsoIG

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Blog Entries posted by KoketsoIG

  1. KoketsoIG

    Dividend Adjustments
    Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 14th Aug 2023. These are projected dividends and are 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. The amount in brackets is the expected adjustment after special dividends are 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. 

    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 the full non-independent research disclaimer and quarterly summary.
     
  2. KoketsoIG

    Dividend Adjustment
    Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 07th Aug 2023. These are projected dividends and are 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. The amount in brackets is the expected adjustment after special dividends are 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. 

    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 the full non-independent research disclaimer and quarterly summary.
     
  3. KoketsoIG

    Dividend Adjustments
    Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 18th Sep 2023. These are projected dividends and are 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. The amount in brackets is the expected adjustment after special dividends are 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. 

    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 the full non-independent research disclaimer and quarterly summary.
  4. KoketsoIG

    Dividend Adjustments
    Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 25th Sep 2023. These are projected dividends and are 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. The amount in brackets is the expected adjustment after special dividends are 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. 

    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 the full non-independent research disclaimer and quarterly summary.
  5. KoketsoIG
    Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 4th March 2024. These are projected dividends and are 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. The amount in brackets is the expected adjustment after special dividends are 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. 
    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 the full non-independent research disclaimer and quarterly summary.
     
  6. KoketsoIG
    Changes to trading hours over the US Thanksgiving period
    There will be some changes to our normal opening hours over the US Thanksgiving period. Check the table below to find out how these could impact your trading. Note that all times listed below are UK time.
    Thanksgiving
     
    Thursday 23 November
    US equity markets are closed.
    US index futures close early at 6 pm. We’ll offer out-of-hours prices on Wall Street, US 500, US Tech 100 and US Russell 2000 until index futures reopen at 11 pm.
    The Volatility Index (VIX) closes early at 4.30 pm and reopens at 11 pm.
    Brent Crude, London Gas Oil and ICE WTI will close early at 6.30 pm.
    US rates close at 6 pm.
    Metals and US energies, including NYMEX Crude and Spot Gold, close at 7.30 pm.
    US soft commodities are closed.
    London Sugar closes early at 5 pm.
    Lumber and Livestock are closed.
    Black Friday
     
    Friday 24 November
    US equity markets close early at 6 pm, and there’ll be no post-market trading.
    US index futures close early at 6.15 pm. We’ll offer out-of-hours prices on Wall Street, US 500, US Tech 100 and US Russell 2000 until 9 pm.
    The Volatility Index (VIX) closes early at 6.15 pm.
    Brent Crude, London Gas Oil and ICE WTI will close at 7 pm.
    US rates and the US Dollar Index close at 6.15 pm.
    Metals and US energies, including NYMEX Crude and Spot Gold, close at 6.45 pm.
    New York Cotton opens late at 1 pm. New York Cotton and Orange Juice closes early at 6.30 pm.
    Normal trading hours on New York Sugar, New York Coffee and New York Cocoa.
    US grain futures open late at 2.30 pm and close early at 6.05 pm.
    Lumber trades from 3 pm to 6.05 pm, and Livestock trades from 2.30 pm to 6.05 pm.
    The futures desk and all 24-hour indices close at 9 pm, and FX closes at 10 pm.

    These hours are accurate to the best of our knowledge, but it’s possible that they could change.
     
  7. KoketsoIG
    Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 26th Feb 2024. These are projected dividends and are 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. The amount in brackets is the expected adjustment after special dividends are 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. 
    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 the full non-independent research disclaimer and quarterly summary.
  8. KoketsoIG

    Trading hour changes
    There will be a few changes to our opening hours over Christmas and the New Year. Please make sure that you’re familiar with the changes, as they may affect your trades. Please note that all times are listed in UK time.
    Date
    Market hours
    Friday 22 December
    UK equities, close early at 12.30 pm.
    UK agricultural commodities close at 12.23 pm.
    Gilts stop trading at 1 pm, and 3m-SONIA will close at 12.15 pm.
    The FTSE 100 Index will be quoted out-of-hours from 12.50 pm.
    Brent Crude, ICE WTI, and London Gas Oil close at 8 pm.
    UK and EU natural gas stop trading at 5 pm.
    FX and our out-of-hours markets close at 10 pm
    Saturday 23 December
    Weekend markets are available.
    Sunday 24 December
    Weekend markets are available.
    Monday 25 December
    All markets are closed. FX markets reopen at 9 pm. Out-of-hours markets, US rates, US metals, US energies and the VIX reopen at 11 pm
    Tuesday 26 December
    UK markets are closed (except Brent Crude, ICE WTI, and London Gas Oil which will follow regular hours)
    Hong Kong and Australian markets are closed. European indices are closed and will be quoted out-of-hours.
    NY Coffee, NY Cocoa, NY Sugar and Cotton open late at 12.30 pm
    Grains and livestock reopen at 2.30 pm.
    Wednesday 27 December
    Normal trading hours on all markets
    Thursday 28 December
    Normal trading hours on all markets
    Friday 29 December
    UK equities close early at 12.30 pm.
    Gilts and 3m-SONIA stop trading at 12.15 pm.
    The FTSE 100 Index will be quoted out-of-hours from 12.50 pm.
    Brent Crude, ICE WTI, and London Gas Oil close at 8 pm.
    UK and EU natural gas stop trading at 5 pm.
    London Cocoa closes at 4.55 pm, Robusta Coffee at 5.30 pm, and London Sugar at 6 pm. 
    Saturday 30 December
    Weekend markets are available.
    Sunday 31 January
    Weekend markets are available.
    Monday 1 January
    All markets are closed. FX markets reopen at 9 pm. Out-of-hours markets, US rates, US metals, US energies and the VIX reopen at 11 pm
    Tuesday 2 January
    Japanese markets are closed.
    Grains open at 2.30 pm.
    Normal trading hours resume in other markets
    Wednesday 3 January
    Japanese markets are closed.
    These hours are accurate to the best of our knowledge, but it’s possible that they could change.
  9. KoketsoIG

    Dividend Adjustment
    Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 18th Dec 2023. These are projected dividends and are 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. The amount in brackets is the expected adjustment after special dividends are 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. 
    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 the full non-independent research disclaimer and quarterly summary.
  10. KoketsoIG

    Trading Hour Update
    There will be changes to certain markets on Monday 19 February 2024 and Tuesday, February 2024 as it's a US federal holiday.
    Please have a look at the table below to see how your trading could be impacted. All times listed below are in UK time (GMT).
     
    Monday 19 February 2024
    US and Canadian equity markets are closed.
    US index futures close early at 6 pm. We'll offer out-of-hours prices on Wall Street, the US 500, US Tech 100 and the US Russell 2000 until futures reopen at 11 pm.
    The Volatility Index (VIX) closes early at 4.30 pm and reopens at 11 pm.
    Metals, including Gold and Silver, and US energies close early at 7.30 pm and reopen at 11 pm.
    US bonds and interest rates close at 6 pm and reopen at 11 pm.
    US soft commodities are closed.
    London Sugar closes early at 5 pm.
    Lumber and Livestock are closed.
    Tuesday 20 February 2024
    Livestock trades open at 2.30 pm and Lumber opens at 3 pm.
    US Grain futures open at 1 am.
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    These hours are accurate to the best of our knowledge, but it’s possible that they could change.
     
    More resources:
    CME Futures: https://www.cmegroup.com/trading-hours.html#trading-holiday-hours&foi=F&tradeDate=2024-02-19&pageNumber=1 US Equities: https://www.nyse.com/markets/hours-calendars & https://www.nasdaq.com/market-activity/stock-market-holiday-schedule Canadian equities: https://www.tsx.com/trading/calendars-and-trading-hours/calendar ICE Futures: Oil, Utilities & Agricultural: https://www.ice.com/publicdocs/Trading_Schedule.pdf Fixed income, Equity & Indices: https://www.ice.com/publicdocs/futures/Trading_Schedule_Migrated_Liffe_Contracts.pdf ICE Futures US https://www.ice.com/publicdocs/futures_us/exchange_notices/ICE_Futures_US_2024_PresidentsDayHoliday_20231218.pdf LBMA Gold Fix: https://www.ice.com/publicdocs/Gold_Holiday_Calendar_2024.pdf CBOE VIX: https://www.cboe.com/about/hours/us-futures/
  11. KoketsoIG
    Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 1st April 2024. These are projected dividends and are 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. The amount in brackets is the expected adjustment after special dividends are 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. 
    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 the full non-independent research disclaimer and quarterly summary.
  12. KoketsoIG

    Dividend Adjustment
    Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 4th Dec 2023. These are projected dividends and are 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. The amount in brackets is the expected adjustment after special dividends are 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. 
    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 the full non-independent research disclaimer and quarterly summary.
  13. KoketsoIG
    Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 25th March 2024. These are projected dividends and are 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. The amount in brackets is the expected adjustment after special dividends are 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. 
    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 the full non-independent research disclaimer and quarterly summary.
  14. KoketsoIG

    Dividend Adjustments
    Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 1st Jan 2024. These are projected dividends and are 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. The amount in brackets is the expected adjustment after special dividends are 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. 
    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 the full non-independent research disclaimer and quarterly summary.
     
  15. KoketsoIG

    Dividend Adjustment
    Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 11th Dec 2023. These are projected dividends and are 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. The amount in brackets is the expected adjustment after special dividends are 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. 
    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 the full non-independent research disclaimer and quarterly summary.
  16. KoketsoIG

    Dividend Adjustments
    Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 25th Dec 2023. These are projected dividends and are 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. The amount in brackets is the expected adjustment after special dividends are 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. 
    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 the full non-independent research disclaimer and quarterly summary.
  17. KoketsoIG
    Please be advised that our opening hours will be adjusted on 1 May 2024 for International Workers’ Day and 6 May 2024 for the UK Early May Bank Holiday. Where appropriate, the times listed are in BST.
    Date
    Market hours
    Wednesday 1 May

    International Workers' Day
    European, Hong Kong & South African equity markets will be closed.
    We’ll offer out-of-hours pricing on European, Hong Kong and South African indices until 10 pm BST.
    European rates and bonds will be closed.
     
    Monday 6 May

    Early May Bank Holiday
    UK equities, indices, rates and bonds and commodities will be closed, except for Brent Crude and London Gas Oil. We’ll offer out-of-hours pricing on the FTSE 100.
    Corrected: New York Cocoa, New York Coffee and New York Sugar will open later at 12.30pm BST.
    Disclaimer: The information provided above is accurate to the best of our knowledge. They are subjected to change and should only be used as guidance.
  18. KoketsoIG

    Market News
    The Week Ahead
    Read about upcoming market-moving events and plan your trading week

    Week commencing 25 December
    Chris Beauchamp's insight
    Unsurprisingly, little is happening this week. US data continues to come through, though it is unlikely to move markets.
    Economic reports
    Weekly View
    Monday
    Christmas Day – UK, US and European markets closed
    11.30 pm – Japan unemployment (November): expected to hold at 2.5%. Markets to watch: JPY crosses

    Tuesday
    Boxing Day – UK markets closed
    1.30 pm – US Chicago Fed index (November): index forecast to rise to 0.2. Markets to watch: USD crosses

    Wednesday
    None

    Thursday
    1.30 pm – US initial jobless claims (w/e 23 December). Markets to watch: USD crosses
    3 pm – US pending home sales (November): sales forecast to rise 0.6% MoM. Markets to watch: USD crosses
    4 pm – US EIA crude oil inventories (w/e 22 December): stockpiles rose by 2.9 million barrels in the preceding week. Markets to watch: Brent, WTI

    Friday
    2.45 pm – US Chicago PMI (December): index expected to fall to 50. Markets to watch: USD crosses
      Dividends
    FTSE 100: BT
    FTSE 250: Grainger
    Dividends are applied after the close of the previous day’s session for each market. So, for example, the FTSE 100 goes ex-dividend on a Thursday, but the adjustment is applied at the close of the previous day, e.g. Wednesday. The table below shows the days in which the adjustment is applied, not the ex-dividend days.
  19. KoketsoIG
    Please see the interest rates that are used when IG calculates the overnight funding rate (per annum) on shares and indices. This does not include the IG admin fee. The information provided is an indication as of 18th Dec 2023 and will be published weekly on Mondays.

    *** It's important to note that the rates are subject to daily changes and are based on the currency of the underlying market, not the contract currency.
  20. KoketsoIG
    Outlook on FTSE 100, DAX 40 and S&P 500 amid S&P Global U.S. bank downgrades, U.S. long dated yields surging higher and Zoom beating estimates.
    Source: Bloomberg  Axel Rudolph FSTA | Senior Financial Analyst, London | Publication date: Tuesday 22 August 2023 10:28 FTSE 100 continues to hover above support
    The FTSE 100 continues to precariously hover above key support which sits between its March and July lows at 7,228 to 7,204 as the UK’s public sector net borrowing came in slightly weaker-than-expected at 3.5 bn versus a forecast 3.8 bn.
    On Monday UK homebuilders fell following a downbeat update from Crest Nicholson Holdings but so far the UK blue-chip index continues to stabilise. Further low volatility trading above its 7,228 to 7,204 major support zone is expected to be seen on Tuesday, ahead of Thursday’s U.S. Jackson Hole symposium. Minor resistance above Monday’s 7,317 high sits at the 24 March low at 7,331 and more significant resistance between the May and June lows at 7,401 to 7,433.
    Source: ProRealTime DAX 40 probes accelerated downtrend line
    The DAX 40’s slide has taken it to marginally above its 15,455 July low last week before the index tried to recover despite U.S. 10-year yields rising to levels last seen in November 2007 and S&P Global downgrading several U.S. banks. In case of a break through the July-to-August accelerated downtrend line at 15,705 taking place, minor resistance around the 4 August low at 15,780 could be reached next. Further up meanders the 55-day simple moving average (SMA) at 16,001.
    While the index remains below the next higher 10 August high at 16,062, overall downside pressure remains in play, though. Strong support remains to be seen between the July and current August lows and the 200-day simple moving average (SMA) at 15,469 to 15,420.
    Source: ProRealTime S&P 500 recovers from near two-month low
    The S&P 500 is expected to recover further from last week’s 4,337 low, made marginally above its 4,328 late June low, and is seen heading back up towards the 55-day simple moving average (SMA) at 4,447 ahead of Thursday’s Jackson Hole symposium.
    Speeches by Federal Open Market Committee (FOMC) members Goolsbee and Bowman as well as U.S. existing home sales may still throw a spanner in the works beforehand. Having said that, rallies in Tesla, Zoom and Nvidia stocks, the former technology company having beat its Q2 earnings and revenue estimates and the latter announcing its Q2 earnings on Wednesday, currently underpin more positive market sentiment. Minor support can now be spotted at Friday’s 4,382 high and major support at 4,337 to 4,328.
    Source: ProRealTime  
  21. KoketsoIG
    Please see the interest rates that are used when IG calculates the overnight funding rate (per annum) on shares and indices. This does not include the IG admin fee. The information provided is an indication as of 13th Nov 2023 and will be published weekly on Mondays.

    *** It's important to note that the rates are subject to daily changes and are based on the currency of the underlying market, not the contract currency.
  22. KoketsoIG

    Market News
    The Week Ahead
    Read about upcoming market-moving events and plan your trading week
      Week commencing 14 August
    Chris Beauchamp's insight
    This week sees the release of UK inflation data, along with figures on employment and wages plus monthly retail sales. Minutes from the latest Federal Reserve bank (Fed) and Reserve Bank of Australia (RBA) meetings will be worth monitoring, along with the German ZEW reading. On the earnings front, UK insurers such as Legal & General and Aviva report, and in the US Home Depot, Cisco and Walmart provide earnings updates.
     
     
     
    Economic reports
    Weekly View
    Monday
    None
    Tuesday
    12.50am – Japan GDP (Q2): growth expected to be 3.2% YoY and 1% QoQ. Markets to watch: JPY crosses
    2.30am – RBA meeting minutes: these will cover the decision to leave rates unchanged at 4.1%. Markets to watch: AUD crosses
    7am – UK employment data: June unemployment rate to hold at 4%, while average earnings including bonus to rise 6.8%. Markets to watch: GBP crosses
    10am – German ZEW index (August): index to fall to -16. Markets to watch: EUR crosses
    1.30pm – US retail sales (July): expected to rise 0.3% MoM. Markets to watch: USD crosses
    1.30pm – Canada CPI (July): prices to rise 2.8% YoY and 0.1% MoM, in line with last month. Markets to watch: CAD crosses
    Wednesday
    7am – UK CPI (July): prices in the UK expected to rise 7.4% YoY, from 7.9% in June, and 0.1% MoM, in line with the previous month. Core CPI to be 6.8% YoY, down from 6.9%. Markets to watch: GBP crosses
    3.30pm – US EIA crude oil inventories (w/e 11 August): stockpiles rose by 5.8 million barrels in the previous week. Markets to watch: Brent, WTI
    7pm – FOMC minutes: these will cover the July meeting and the decision to raise rates by 25bps. Markets to watch: US indices, USD crosses
    Thursday
    2.30am – Australia employment data (July): unemployment rate to hold at 3.5%. Markets to watch: AUD crosses
    1.30pm – US initial jobless claims (w/e 12 August): claims to rise by 241K, down from 248K in the previous week. Markets to watch: USD crosses
    Friday
    12.30am – Japan CPI (July): prices to rise 3.4% YoY and core CPI to rise 3.1%. Markets to watch: JPY crosses
    7am – UK retail sales (July): sales rose 0.7% MoM in June. Markets to watch: GBP crosses
    3pm – US Michigan consumer sentiment (August): index to drop to 70.9 from 71.6. Markets to watch: USD crosses
     
     
     
    Company announcements
     
     
     
    Monday
    14 August
    Tuesday
    15 August
    Wednesday
    16 August
    Thursday
    17 August
    Friday
    18 August
    Full-year earnings
              Half/ Quarterly earnings
      Legal & General,
    Just Group ,
    Home Depot Balfour Beatty,
    Admiral,
    Aviva,
    Target,
    Cisco Walmart
    Trading update*
          * Please note these can change without notice
        Dividends
    FTSE 100: Pershing Square, Imperial Brands, GlaxoSmithKline, Schroders, Anglo American, Convatec, London Stock Exchange, Abrdn, Hiscox, Entain, Berkeley Group
    FTSE 250: Investec, Chemring, ICG Enterprise Trust , Bridgepoint, Keller, Rotork, Tritax Eurobox, 4imprint, Lancashire Holdings, TI Fluid Systems
  23. KoketsoIG
    Please see the interest rates that are used when IG calculates the overnight funding rate (per annum) on shares and indices. This does not include the IG admin fee. The information provided is an indication as of 18th Sep 2023 and will be published weekly on Mondays.

    *** It's important to note that the rates are subject to daily changes and are based on the currency of the underlying market, not the contract currency.
  24. KoketsoIG
    The resumption of the FANG stocks long-term uptrend calls for new record highs.
    Source: Bloomberg   Shares Big Tech Meta Platforms Artificial intelligence Market trend Google    Axel Rudolph FSTA | Senior Financial Analyst, London | Publication date: Thursday 24 August 2023 13:47 Where to next for FANG stocks?
    Following much-better-than expected results by the chip maker Nvidia and a surge in its after-hours share price by close to 10%, taking it to an all-time record high, how do FANG stocks fare?
    (Former) Facebook (Meta), Apple, Amazon, Netflix and Google (Alphabet) shares have benefitted from the ongoing Artificial Intelligence (AI) mania and have resumed their collective long-term uptrend when looking at the FANG index.
    FANG Daily Chart
    Source: ProRealTime The fact that the July-to-August resistance line at 7,660 has been breached and that a daily chart close above the 55-day simple moving average (SMA) at 7,747 has also been made with Wednesday’s close, indicates with a high probability that the recent correction has run its course.
    Once the June peak at 7,925 has also been overcome, not only is the current July all-time high at 8,298 likely to be exceeded but a new record high is also expected to be hit before the end of the year.
    FANG Weekly Chart
    Source: ProRealTime Only a currently unexpected slip back and fall through last week’s low at 7,179 would question the bullish outlook.
    Which stocks are likely to outperform?
    When looking at the FANG constituents one can clearly see that Meta has been a great outperformer year-to-date with its shares rising by 135%, driven by AI- and Threads- related profits, followed by Amazon’s near 58% rise, ahead of the other FANG companies’ around 45% advance.
    FANG comparison chart
    Source: Google Finance Over the past month Alphabet and Amazon have outperformed Meta, though, rising respectively by around 9% and 5%, compared to Meta’s 1% advance, as their AI projects have also gained investors’ attention and Meta’s share price took a nosedive over the past few weeks.
    Since much of the past month was spent in a downward corrective phase for all U.S. stocks, the relative out- or underperformance of individual FANG stocks during this time might not be representative. It is therefore hard to say which of these stocks will outperform on a relative basis until the year end.
    What about Microsoft?
    Stocks like Microsoft, although also involved with AI, still lag FANG stocks with a year-to-date gain of around 37% and are unlikely to outperform these in the near future.
    And Nvidia?
    Nvidia’s stellar share price rise of around 240% year-to-date dwarfs all others with the share expected to open above the psychological $500 mark in new record highs on Thursday.
    A 170% increase in Nvidia sales this quarter, doubling of its revenue quarter-on-quarter and significantly increased profits due its 60% market share and the growth in AI have propelled it and other technology mega stocks significantly higher.
    This upward momentum is likely to continue for the foreseeable future.
     
  25. KoketsoIG
    Outlook on the Nvidia share price ahead of its upcoming Q2 results.
    Source: Bloomberg   Shares Nvidia Price Share price Integrated circuit Graphics processing unit  
     Axel Rudolph FSTA | Senior Financial Analyst, London | Publication date: Wednesday 16 August 2023 17:00 When are Nvidia’s results expected?
    Nvidia is set to release its second quarter (Q2) 2023 results on 23 August 2023. The results are for the quarter ending July 2023.
    What is ‘The Street’s’ expectation for the Q2 results?
    ‘The Street’ expectations for the upcoming results are as follows:
    Revenue of $11.160 billion : +66.47% year-on-year (YoY)
    Earnings per Share (EPS) : $2.07: +405.88% (YoY)
    Nvidia – the great outperformer
    The ongoing global surge in the demand for Artificial Intelligence (AI) chips continues to squeeze the supply of these with gulf states such as Saudi Arabia and the United Arab Emirates (UAE) entering the fray and buying up thousands of high-performing Nvidia chips.
    According to the Financial Times (FT), “Saudi Arabia has bought at least 3,000 of Nvidia’s H100 chips — a $40,000 processor described by Nvidia chief Jensen Huang as “the world’s first computer [chip] designed for generative AI.”
    The FT furthermore reported that “the UAE has also secured access to thousands of Nvidia chips and has already developed its own open-source large language model, known as Falcon.”
    According to the newspaper, Nvidia is expected to sell over half a million of its high-end H100 computer graphic processing units (GPUs), raking in tens of billions of dollars in 2023.
    The period from October 2022 onwards saw increased recession fears and worries about declines in earnings, neither of which has yet occurred on a wider scale.
    With so much negative news baked into the share price, there was plenty of room for Nvidia to outperform forecasts, which it duly has. The question for investors now is whether the company’s exceptional gains can be sustained and whether Nvidia can live up to the undeniable hype surrounding AI.
    Since AI chip shipments are forecast to increase next year and beyond, Nvidia with a significant market share of around 60%, is expected to benefit massively. With gaming revenue picking up as well, another valuable revenue stream for the company could be further exploited.
    But just as Nvidia benefited from the lack of good news last year, this year it continues to face an uphill struggle, even if its share price has so far more than doubled.
    Investors remain positive with regards to the company’s coming quarters, but at today’s multiples Nvidia trades at 228 times current earnings. That is an awful lot of good news in the share price, and it seems reasonable to expect that the gravy train will at some stage come to a halt. The question is when exactly this will be.
    How to trade Nvidia into the results
    Source: Refinitiv Refinitiv data shows a consensus analyst rating of between ‘buy’ for Nvidia – 15 strong buy, 29 buy, 6 hold and 1 sell - with the median of estimates suggesting a long-term price target of $500.00 for the share, roughly 13.8% higher than the current price (as of 16 August 2023).
    Source: IG IG sentiment data shows that 52% of clients with open positions on the share (as of 16 August 2023) expect the price to fall over the near term, while 48% of clients expect the price to rise. Trading activity over this week and month shows 54% and 51% of sells, respectively.
    Nvidia – technical view
    The Nvidia share price has risen by an impressive 207% year-to-date, but has given back around 16% from its mid-July $480.88 all-time high before recouping half of these losses in the course of this week.
    According to the 9-Day Relative Strength Index (RSI), the share price is currently bouncing off its oversold level of around 27%. The last time it did so was in January, at the beginning of this year’s impressive bull run.
    Nvidia Daily Chart
    Source: Tradingview It looks as if the Nvidia share price has ended its recent consolidation phase and has resumed its ascent towards the $500 region.
    Only a fall through and daily chart close below not only this year’s uptrend line at $383.90 but also the post Q1 earning’s results low at $366.35, would question our medium-term bullish outlook.
    In this scenario the Nvidia share price is expected to at least partially fill the May price gap. The area between the November 2021 high and the mid-May high at $346.47 to $318.28 would then represent a great long-term buying opportunity.
    Nvidia Weekly Chart
    Source: Tradingview
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