The UK Prime Minister Theresa May made a speech in the CBI conference yesterday, expressing that businesses don’t want a sudden and overnight transformation in ¬trading conditions, and she wants to avoid ‘cliff edge’ after the Brexit. She also suggested that the corporation tax can be cut to a record low. The statement pushed Sterling […]
EURUSD has retraced 2.99% from the US presidential election date, to 18th Nov, as a result of the strengthening of the dollar. It has marked 10 consecutive losing days from 7th to 18th Nov. EURUSD hit an eleven-month low of 1.0568 on 18th Nov, yet the price has rebounded after testing the long term significant […]
USDJPY has seen a substantial gain of 4.95% rally since the US presidential election, due to the firming of the dollar. The price has been moving along the upper band of the Bollinger Band indicator post the election, indicating strong bullish momentum. The trend remains bullish, yet the current price is nearing the mid-term major […]
Sean Corrigan, Hinde Capital, looks first at the implications of the steepening yield curve and then turns to China. He says China’s reserve drain has coincided with a ‘market acceleration’ in money supply, causing another bubble. Website: https://www.ig.com/uk?CHID=9&SM=YT Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom Google Play: https://play.google.com/store/apps/details?id=com.iggroup.android.cfd&hl=en_GB iTunes: https://itunes.apple.com/gb/app/ig-trading-spread-betting/id406492428 LinkedIn: https://www.linkedin.com/company/igcom Google +: https://plus.google.com/u/0/108999047065291192896 IG is a […]
Ursula Marchioni, chief strategist EMEA iShares BlackRock, says the ETP flows are heading into developed market equities and outflows from fixed income, EM assets and commodities. Website: https://www.ig.com/uk?CHID=9&SM=YT Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom Google Play: https://play.google.com/store/apps/details?id=com.iggroup.android.cfd&hl=en_GB iTunes: https://itunes.apple.com/gb/app/ig-trading-spread-betting/id406492428 LinkedIn: https://www.linkedin.com/company/igcom Google +: https://plus.google.com/u/0/108999047065291192896 IG is a global leader in retail forex, providing fast and flexible access […]
Orkan Kuyas is a scalper, he explains how he uses pivot points to direct his trades. Kuyas was speaking at World of Trading where he was one of the speakers at the IG exhibit. Website: https://www.ig.com/uk?CHID=9&SM=YT Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom Google Play: https://play.google.com/store/apps/details?id=com.iggroup.android.cfd&hl=en_GB iTunes: https://itunes.apple.com/gb/app/ig-trading-spread-betting/id406492428 LinkedIn: https://www.linkedin.com/company/igcom Google +: https://plus.google.com/u/0/108999047065291192896 IG is a global leader […]
Steve Curtis, Caledonia Mining CEO, explains how the company can continue to push costs down as it continues to drive new record high gold production. Steve also says that the recent financial alert will not affect the company’s 4% dividend yield. Website: https://www.ig.com/uk?CHID=9&SM=YT Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom Google Play: https://play.google.com/store/apps/details?id=com.iggroup.android.cfd&hl=en_GB iTunes: https://itunes.apple.com/gb/app/ig-trading-spread-betting/id406492428 LinkedIn: https://www.linkedin.com/company/igcom Google […]
Malcolm Graham-Wood, HydroCarbon Capital, says Donald Trump’s oil strategy has the potential to put prices under pressure as he opens up drilling opportunities in the US and looks to help settle some of the strains in the Middle East. Website: https://www.ig.com/uk?CHID=9&SM=YT Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom Google Play: https://play.google.com/store/apps/details?id=com.iggroup.android.cfd&hl=en_GB iTunes: https://itunes.apple.com/gb/app/ig-trading-spread-betting/id406492428 LinkedIn: https://www.linkedin.com/company/igcom Google +: https://plus.google.com/u/0/108999047065291192896 […]
Malcolm Graham-Wood, HydroCarbon Capital, says OPEC is currently speaking to its members and will want to deliver the promised cut in production. Malcolm says, though, when it comes to it will members implement the cuts agreed? Website: https://www.ig.com/uk?CHID=9&SM=YT Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom Google Play: https://play.google.com/store/apps/details?id=com.iggroup.android.cfd&hl=en_GB iTunes: https://itunes.apple.com/gb/app/ig-trading-spread-betting/id406492428 LinkedIn: https://www.linkedin.com/company/igcom Google +: https://plus.google.com/u/0/108999047065291192896 IG is a […]
AUD/USD has turned bearish, and has seen a substantial fall since the US election night, due to the sharp reversal of the dollar. Yesterday AUD/USD broke the psychologically important support level at 0.7500, due to a further rally of the dollar. This morning we have seen the release of Australian Unemployment Rate and Employment Change […]
The S & P 500 index has seen substantial gain post the US election. The trend remains bullish, yet the current price is trading below the near term major resistance zone, between 2190 – 2200, the selling pressure is heavier at this level. The bullish momentum is like to be restrained at this level. The […]
Warren Buffett is now keen to snap up airline stocks despite vowing just three years ago to stay clear of them and warning others to do the same. Russ Mould from AJ Bell explains the change in direction for this embattled industry. Website: https://www.ig.com/uk?CHID=9&SM=YT Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom Google Play: https://play.google.com/store/apps/details?id=com.iggroup.android.cfd&hl=en_GB iTunes: https://itunes.apple.com/gb/app/ig-trading-spread-betting/id406492428 LinkedIn: https://www.linkedin.com/company/igcom […]
Despite stock price pressure for some retailers John Stevenson, Peel Hunt, says consumers remain upbeat. John says, though, 2017 could be a difficult year for retail as shoppers will be increasingly reluctant to pay higher prices. Website: https://www.ig.com/uk?CHID=9&SM=YT Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom Google Play: https://play.google.com/store/apps/details?id=com.iggroup.android.cfd&hl=en_GB iTunes: https://itunes.apple.com/gb/app/ig-trading-spread-betting/id406492428 LinkedIn: https://www.linkedin.com/company/igcom Google +: https://plus.google.com/u/0/108999047065291192896 IG is a […]
Ron William, RW Advisory, looks at past experiences around the US presidential elections and highlights the downside risk as we look to 2017. Ron considers possible long drawn out declines through 2017 and, possibly, into 2018. More on the US election: https://www.ig.com/uk/us-presidential-election?CHID=9?QPID=1414138388&QPPID=1 Website: https://www.ig.com/uk?CHID=9&SM=YT Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom Google Play: https://play.google.com/store/apps/details?id=com.iggroup.android.cfd&hl=en_GB iTunes: https://itunes.apple.com/gb/app/ig-trading-spread-betting/id406492428 LinkedIn: https://www.linkedin.com/company/igcom […]
GBPUSD has been bullish since the end of October, trading along the downside uptrend line support. This morning we saw the release of a set of important UK economic figures, including CPI and Core CPI YoY (Oct), were 0.9% and 1.2%, both lower than expectations of 1.1% and 1.5%. The underperforming CPI figures weighed on […]
Peter Dixon, Commerzbank, says Trumponomics represents ‘good old fashioned economic pump priming’. As such it will expand the economy, but at the expense of an already overstretched budget deficit. More on the US election: https://www.ig.com/uk/us-presidential-election?CHID=9?QPID=1414138388&QPPID=1 Website: https://www.ig.com/uk?CHID=9&SM=YT Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom Google Play: https://play.google.com/store/apps/details?id=com.iggroup.android.cfd&hl=en_GB iTunes: https://itunes.apple.com/gb/app/ig-trading-spread-betting/id406492428 LinkedIn: https://www.linkedin.com/company/igcom Google +: https://plus.google.com/u/0/108999047065291192896 IG is a global […]
As gold approaches $1207 support, Jeremy Naylor looks at the MACD, relative strength index and price action and highlights the moves for the commodity across a weekly, daily and hourly time frame. Website: https://www.ig.com/uk?CHID=9&SM=YT Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom Google Play: https://play.google.com/store/apps/de… iTunes: https://itunes.apple.com/gb/app/ig-tr… LinkedIn: https://www.linkedin.com/company/igcom Google +: https://plus.google.com/u/0/108999047… IG is a global leader in retail […]
EURUSD hit 10 months low, broke two significant support levels during Asian sessions today, which are the mid-term and long term levels at 1.0850 and 1.0800 respectively, due to the recent substantial gain of the dollar. The upside selling pressure has been increasing. On the 4 hourly chart, the price has been moving along the […]
The FTSE100 rallied higher this morning gaining 1% along with other european markets, after being supported by decent results from both DCC (DCC.L) and Taylor Wimpey (TW.L), both shares jumped off of the back of positive statements. DCC (DCC.L), the international sales, marketing, distribution and business support services group was up more than 6 percent […]
Philip Letts, CEO of blur Group, says international corporates will have to rethink their strategies, but there is a hint that globalisation will win out. Philip says blur will continue to drive efficiencies for clients. Website: https://www.ig.com/uk?CHID=9&SM=YT Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom Google Play: https://play.google.com/store/apps/details?id=com.iggroup.android.cfd&hl=en_GB iTunes: https://itunes.apple.com/gb/app/ig-trading-spread-betting/id406492428 LinkedIn: https://www.linkedin.com/company/igcom Google +: https://plus.google.com/u/0/108999047065291192896 IG is a global […]
Steven Woodcock, Plutus FX, discusses his bullish stance on the dollar especially against EUR and JPY. His long-term call for 150 on USD/JPY remains, but he’s looking for slow gains rather than moving back down towards 100. More on the US election: https://www.ig.com/uk/us-presidential-election?CHID=9?QPID=1414138388&QPPID=1 Website: http://www.ig.com/uk?CHID=9&SM=YT Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom Google Play: https://play.google.com/store/apps/de… iTunes: https://itunes.apple.com/gb/app/ig-tr… LinkedIn: […]
All sessions stock Walt Disney reports after the Wall Street close today. Chris Beauchamp and Jeremy Naylor look at the potential for the numbers themselves and the price action on the chart. More on Disney: https://www.ig.com/uk/ig-shares/disney-DIS-US?CHID=9?QPID=1414138388&QPPID=1 Website: http://www.ig.com/uk?CHID=9&SM=YT Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom Google Play: https://play.google.com/store/apps/de… iTunes: https://itunes.apple.com/gb/app/ig-tr… LinkedIn: https://www.linkedin.com/company/igcom Google +: https://plus.google.com/u/0/108999047… IG is a […]
Ben Crawford, CEO of domain name specialist CentralNic, says recurring revenues make for a compelling investment case. Ben discusses the importance of the .xyz domain name and that it has been picked up by Facebook and Alphabet, Googles parent company. He also says he’s confident that the doubling of profits and revenues per year can […]
EURGBP has retraced 1.3% since 3rd November as Sterling strengthened. The current trend for EURGBP remains bearish, yet It is trading above the 50 SMA, where the support line at 0.8760 converges. The bearish momentum is likely to be held at this level. The downturn will likely test this level, if it is confirmed broken, […]
Trifast has just posted some impressive results in its half-yearly financial report with a total revenue increase of 14.9% at actual exchange rates. The chairman and CEO Malcolm Diamond talks to IGTV about how the US election and Brexit are challenges going forward. Website: http://www.ig.com/uk?CHID=9&SM=YT Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom Google Play: https://play.google.com/store/apps/de… iTunes: https://itunes.apple.com/gb/app/ig-tr… LinkedIn: […]
Financial market undergo one of the biggest reversals ever, with the market seeing growth as a result of Trump’s polices. Chris Weston takes a look at the moves and what are the investment and trading opportunities as a result. More on the US election: https://www.ig.com/uk/us-presidential-election?CHID=9?QPID=1414138388&QPPID=1 Website: http://www.ig.com/uk?CHID=9&SM=YT Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom Google Play: https://play.google.com/store/apps/de… iTunes: […]
Despite the fears and warning of market turmoil in the event of a Donald Trump victory we are yet to see this emerge either side of the Atlantic. Mr Trump was uncharacteristically calm in his acceptance speech and perhaps has muted the reaction. Mike Ingram, Market Strategist at BGC Partners, comments Trump’s success and the […]
Richard Hunter, Wilson King Investment Management, offers his thoughts on the Trump speech and those stocks he’s watching; including pharmaceuticals, miners, luxury goods and retailers. More on the US election: https://www.ig.com/uk/us-presidential-election?CHID=9?QPID=1414138388&QPPID=1 Website: http://www.ig.com/uk?CHID=9&SM=YT Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom Google Play: https://play.google.com/store/apps/de… iTunes: https://itunes.apple.com/gb/app/ig-tr… LinkedIn: https://www.linkedin.com/company/igcom Google +: https://plus.google.com/u/0/108999047… IG is a global leader in retail forex, […]
AUDUSD rallied since 28th October after testing the support line at 0.7550. The range between 0.7500 – 0.7550 is the major support zone. Yesterday the price broke the resistance level at 0.7700, yet it retraced after testing the mid-term major resistance zone between 0.7730 – 0.7760. Today the price fell below the level at 0.7700. […]
AUDUSD rallied since 28th October after testing the support line at 0.7550. The range between 0.7500 – 0.7550 is the major support zone. Yesterday the price broke the resistance level at 0.7700, yet it retraced after testing the mid-term major resistance zone between 0.7730 – 0.7760. Today the price fell below the level at 0.7700. […]
