The Reserve Bank of Australia on Tuesday released the minutes of its July board meeting, showing economic outlook deterioration as a result of the weaknesses of the labour market and inflation. The RMA stated that it would closely watch the economic data of the following month and to make any adjustment to the stance of […]
The New Zealand dollar slumped again this morning. The Reserve Bank of New Zealand （RBNZ）announced tighter lending restrictions across the nation from September 1, and will also reduce the limit of Loan to Value Ratios (LVR) from 80% to 60% for borrowers. The aim of the new measure is for mitigating risks to financial stability […]
GET THIS VIDEO EVERY DAY BEFORE THE MARKET OPENS – CLICK HERE Related Posts:Video market update for April 05, 2024 April 7, 2024 Potential for the further drop on NAS100 ….The material has…Forecast for EUR/USD pair on April 5, 2024 April 7, 2024 The EUR/USD pair on Thursday rose to the corrective level…Can Q1 earnings […]
The US retail sales and industrial production data released on last Friday outperformed and the dollar strengthened across the board. As a result, the dollar future index was helped by the outperformance of economic data and rallied 0.82% from 95.94 to 96.725. The bullish trend of the dollar remains unchanged post Brexit referendum, yet the […]
The US retail sales and industrial production data released on last Friday outperformed and the dollar strengthened across the board. As a result, the dollar future index was helped by the outperformance of economic data and rallied 0.82% from 95.94 to 96.725. The bullish trend of the dollar remains unchanged post Brexit referendum, yet the […]
The US retail sales and industrial production data released on last Friday outperformed and the dollar strengthened across the board. As a result, the dollar future index was helped by the outperformance of economic data and rallied 0.82% from 95.94 to 96.725. The bullish trend of the dollar remains unchanged post Brexit referendum, yet the […]
ftse 100 was trading slightly lower this morning despite some positive economic news coming out of Asia overnight, as news of latest French terror attack filtered through. However the index is current on the move to recover some of those gains. DCC (DCC.L) was trading higher after a positive statement, the company believes that the UKs […]
The Bank of England surprised the markets by leaving interest rates unchanged at 0.5%. The decision, which caught markets by surprise as they expected a 0.25% rate cut, caused the GBP to surge against USD and the JPY where it gained 250 and 400 pips respectively. Today the markets will continue to focus for any […]
GET MY ETF TRADE ALERTS – CLICK HERE Related Posts:Market Comment – Stocks slide, dollar soars as rate cut bets… April 16, 2024 Surging US retail sales dampen Fed rate cut expectations Wall…Video market update for April 16, 2024 April 16, 2024 Potential for the bigger drop on NAS100The material has been…Video market update for […]
At 12pm today, the Bank of England announced an unchanged interest rate of 0.50%, but gave a strong indication that easing measures were just around the corner at the next meeting in August. . GBPUSD pulled back from yesterday’s intra-day high of 1.3336 to a low of 1.31 this morning. After the announcement, GBPUSD soared […]
It was a relatively dull session yesterday (Monday July 11th) with stocks gapping higher only to trade sideways up till now. As I talked about in the morning’s video I expected stocks to grind higher, and for vix ETF to keep moving lower for another day or three. Coffee continues to be on caffeine-high today testing near today’s […]
The positive risk sentiment in global financial markets continued yesterday. SP 500 extended record run to close at 2152 up 0.7% on a combination of positive US data, hopes on the face of the new UK Prime Minister, and Japanese stimulus measures to weaken the JPY. As a result all risk assets including OIL & […]
12 July 2016: Richard Hunter, from Wilson King Investment Mgt, explains why there is the disparity in the FTSE 100 and the 250 index and says that to some degree the UK has been ‘picked on’. Richard says the frailties of the EU may soon be exposed. Related Posts:Technical Analysis – NZDUSD bulls show up […]
UBS today issued an upgrade for under pressure ITV (ITV) after its share price recently fell around 18%. The bank moved the share from SELL to NEUTRAL citing limited fundamental downside expectations. Commenting UBS said “We would expect political and economic uncertainty to weigh on TV ad spend from the third quarter of 2016; although the […]
Biopharmaceuticals firm Shire (SHP.L) traded higher this morning after releasing news that the U.S. Food and Drug Administration (FDA) has approved its new drug treatment Xiidra for Dry Eye Disease of which an estimated 16 Million in the US are said to suffer from. Commenting Shire Said “An estimated 16 million adults in the U.S. […]
Overall sentiment has turned positive as can be seen from the SP500 setting a new all-time high record. The positive sentiment is mainly stemming from Japans Nikkei as the country’s PM has vowed to add new stimulus packages that will weaken the JPY. A weak JPY is good for exports, hence stock markets took this […]
Moneysupermarket (MONY) finished up 5% today at 260p after broker Canaccord upgraded the stock from HOLD to NEUTRAL ahead of an expected trading update this week. The broker however cut its target price from 352p to 325p citing exposure to credit markets which may come under pressure in the event of another recession despite its […]
Under pressure housing and real estate shares jumped today after the news that Ms Leadsom has withdrawn from the conservative leadership race, paving the way for Teresa May to become the next British Prime Minister. Housing has been under pressure since the Brexit vote result was announced but the news today spurred on a recovery […]
Today I like to share my thoughts about the S&P 500 index, the volatility index, and what I believe will be the trigger/event which sends stock markets around the world to new multi-year lows. While the charts shown here are very simple there is a lot of information behind the scenes that backup the analysis/predictions […]
Deutsche bank (DBK) shares dropped to fresh new lows with the various news announcements, as well as a feeling that Germany will not be capable of bailing out the bank. The imminent outcome for DBK is ‘bankruptcy’ while the world will have to bear the brunt of the fallout from all of the complicated ‘derivatives’ […]
5 July 2016: How to trade Tesla stock. IG technical analyst, Joshua Mahony looks at the Tesla chart after the company released news late on Independence Day that shows sales have now fallen for two consecutive quarters. Related Posts:Analysis of GBP/USD. April 15th. Retail sales in the USA… April 15, 2024 The wave analysis for […]
5 July 2016: Scott McGregor, CEO of redT energy discusses its business model and highlights target markets. Scott says redT is at the forefront of the development and has started selling into an area that he says will be worth in excess of $100 billion a year. Related Posts:Video market update for April 15, 2024 […]
Aminex CEO, Jay Bhattacherjee, says their efforts in the Kiliwani North well have proved up to the equivalent of 5,000 barrels of oil per day. Jay discusses his thoughts for the Tanzanian government regarding rates and release times of these rates for their production of oil. Read more about Aminex: http://www.ig.com/uk/ig-shares/aminex-plc-AEX-UK?CHID=9?QPID=1414138385&QPPID=1 Website: http://www.ig.com/uk?CHID=9&SM=YT Twitter: https://twitter.com/IGcom […]
When Brazil was awarded the Olympics in 2009, the economy was growing, unemployment and poverty was falling and the government was stable. As the games are about to start, things are now very different. Can Brazil afford it? 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/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 […]
1 July 2016: Christopher Tinker, founding partner at Libra Investment Services, looks at UK banks and the likelihood that, as a group, the major players will remain in London, post the EU referendum. With MIFID rules overruling EU financial regulation, passporting is also possible Related Posts:Banks Q1 earnings: Weak results despite stock outperformance… April 10, […]
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1 July 2016: Chris Gilbert, CEO of Fox Marble, discusses the growing order pipeline and the impending factory launch. Chris also says that despite the UK’s move away from the EU, the company’s trading entity in Kosovo enables easy access to Europe. Related Posts:Video market update for April 11, 2024 April 11, 2024 Potential for […]
Since the Industrial Revolution, unions have played a large role in improving working conditions.[1] By monopolizing labour power and mobilizing workers, unions have been able to negotiate shorter work days, improved wages and a safer workplace. However, the strength of unions and the high wages they demanded for their workers may have contributed to the […]
Fallout from the Brexit is still dominating the markets which have stabilized after wild swings. Traditional safe haven currencies which get stronger at times of insecurity and fear, such as USD, CHF and JPY have lost value overnight as market sentiment improved both in US as well as Europe and Asia. Several data releases are […]
Britain’s decision to quit the European Union (EU) by a margin of less than 4 percentage points shocked the world, which was widely expecting the Remain camp to prevail after polls showed growing momentum for continued EU membership. In the wake of the shocking results, more than 3 million British voters have signed a petition […]
