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Ben van Bilderbeek,CEO of Plexus Holdings, talks about the company’s current standing in the market as oil field well-head specialists. Having just partnered with Gusar & Konar in Russia, Ben says the company is set to take a share of the demand for high-pressure technology in Russia. Read more about Plexus: http://www.ig.com/uk/ig-shares/plexus-holdings-plc-POS-UK?CHID=9?QPID=1414138385&QPPID=1 Website: http://www.ig.com/uk?CHID=9&SM=YT Twitter: […]

Oil prices rebound as the US commercial crude oil inventory figure was released yesterday. With a reduction of 2.3 million barrels compared to the expectation of 2.1 million. It is the ninth consecutive drop in the US crude stockpile. West Texas Intermediate, WTI spot crude, has being oscillating in a downtrend channel since 9th June, […]

Overnight, the USD continued to hover near four-month highs against the other major currencies on Wednesday, as global growth concerns still weighed on market sentiment and as trading volumes were expected to remain light with no major U.S. data due throughout the day. Today, the market will focus on the ECB meeting (rate announcement & […]

The UK Claimant Count Change data released this morning was better than expected, and the GBP strengthened across the board. The number of people claiming for unemployment benefits slightly increased by 0.4K in June in the UK, comparing to the expectation of 3.5K and the previous figure of 12.2K. The unemployment rate also dropped to […]

As the USD strengthened, EURUSD plunged this morning, breaking through the significant psychological level at 1.10, the lowest point since 28th June. On the 4 hourly chart, the current price section is below all the EMAs, oscillating between the first downside trend line support at 1.0989 and the 8 EMA resistance at 1.102. The same […]

The US Building Permits and Housing Starts data released yesterday afternoon outperformed expectations. The former rose to 1.5% and the latter to 4.8% respectively, compared to the expectation of 0.6% and 0.5%, showing an increased demand in the US housing market. The dollar index future surged from 96.750 to an intra-day high of 97.180 on […]

On Friday, July 15th our exclusive filtered SpikeAlerts service nailed another winning trade to lock in a quick and easy $399+ profit in less than 10 trading hours for subscribers. This signal was sent out at 5:02pm ET which members were advised to buy UPRO, SSO, or ES futures contract in post-market trading hours. I should […]

The German ZEW Economic Sentiment and German ZEW Current Conditions data released this morning underperformed,the former falling significantly 26.0 points to -6.8 compared to the previous figure of 19.20. The latter falling to 49.8 compared to the expectation of 51.8. The DAX spot index fell from 10052.46 to a low of 9920.96 this morning, a […]

After opening lower and a slow start the FTSE100 has been moving up steadily this morning after better than expected news on UK inflation data. The UK consumer price index rose 0.5% for the year till June better than the expected 0.4% although these are still figures collected pre UK referendum. Royal Mail (RMG.L) was […]

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 […]

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 […]

Money management and personal finances don’t come easy to everyone. Luckily, there is a series of passionate videos designed to not only educate, but inspire you toward action. TED Talks are a series of influential videos from experts and industry leaders from around the world. While not focused specifically on finance, there have been several […]

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 […]

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 […]

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 […]