IG Markets - Latest News [Page 12]
IG Markets - Morning Prices Dec 13
Thursday, 13 December 2012, 11:13 am | IG Markets
Risk assets were well bid in the lead up to the FOMC statement in which the Fed delivered further stimulus. As expected, the Fed announced QE4, or effectively $45 billion a month buying of US treasuries to replace its expiring ‘Operation Twist’. ... More >>
IG Markets - Afternoon Thoughts
Wednesday, 12 December 2012, 5:37 pm | IG Markets
Asian markets are firmer after picking up positive leads from European and US trade. Investors seem to be pricing in positive outcomes to some of the global macro events currently taking place. Although the lack of progress in the fiscal cliff negotiations ... More >>
IG Markets - Morning Thoughts
Wednesday, 12 December 2012, 11:10 am | IG Markets
Overnight, US markets posted modest gains as political posturing over the fiscal cliff was once again on full display. Stocks did however finish well off their highs after Republicans and Democrats continued to fire barbs at each other over the lack ... More >>
IG Markets - Morning Thoughts
Tuesday, 11 December 2012, 11:10 am | IG Markets
Overnight, US equities posted small gains in a choppy but uneventful session, as investors remained largely on the sidelines as fiscal cliff negotiations continued to play out. Late in the session President Obama spoke before a group of factory ... More >>
IG Markets - Afternoon Thoughts
Monday, 10 December 2012, 6:23 pm | IG Markets
In afternoon trade, the ASX 200 is up approximately 0.25% at 4562, down from its session high of 4571. While the market got off to a solid start this morning, building on last week’s advance of 1%, a smaller-than-expected Chinese trade surplus, featuring ... More >>
IG Markets - Morning Thoughts
Monday, 10 December 2012, 11:00 am | IG Markets
On Friday, the major US indices, with the exception of the NASDAQ, finished modestly higher. This occurred after a better-than-expected non-farm payrolls report and amidst ongoing political posturing over the fiscal cliff. Friday’s gains allowed both ... More >>
IG's trading wrap
Friday, 7 December 2012, 6:13 pm | IG Markets
Traders are still second guessing whether the sizeable downgrade to the ECB’s growth and inflation forecasts changes the underlying bid seen in EUR/USD in recent times. We feel that it has certainly taken a significant amount of wind out of the EUR sails ... More >>
IG's Morning Trading Wrap
Friday, 7 December 2012, 11:25 am | IG Markets
The ECB stole the show overnight. While many had speculated the bank may lower its growth and inflation projections, the fact that EUR/USD was trading at 1.3081 prior to Mario Draghi’s press conference suggests they weren’t acting on their instincts. ... More >>
IG Markets - Morning Thoughts
Thursday, 6 December 2012, 10:58 am | IG Markets
The Australian stock market looks set to open in a mildly positive fashion with BHP taking centre stage. At this stage we are calling the index up a mere four points at 4524, however it would certainly be nice to see a close above Monday’s high ... More >>
IG Markets - Morning Thoughts
Wednesday, 5 December 2012, 10:58 am | IG Markets
Overnight, US equities see-sawed around the flat line amidst ongoing discussions over the US fiscal cliff. With Democrats quick to reject the Republicans’ $2.2 trillion dollar deficit reduction plan because it did not involve any tax hikes for ... More >>
IG's Forex Thoughts
Tuesday, 4 December 2012, 6:58 pm | IG Markets
Predictably, AUD/USD and the AUD crosses traded in a tight range throughout Asia, with AUD/USD moving between 1.0414 and 1.0434 up until the RBA statement. Prior to the RBA cutting rates to 3%, we were keen to see the level of Australian government ... More >>
IG - afternoon thoughts and European opening calls 4/12/12
Tuesday, 4 December 2012, 5:15 pm | IG Markets
Heading into today‘s session we had been predicting the ASX 200 to open modestly weaker, with the benchmark index called down 7 points or 0.15% at 4524. As things currently stand, the market is 10 points or 0.2% lower at 4521, with most sector ... More >>
IG Markets - Morning Thoughts
Tuesday, 4 December 2012, 10:54 am | IG Markets
IG Markets - Morning Thoughts Overnight, US stocks edged lower on the back of ongoing concerns about the US fiscal cliff predicament and a weaker-than-expected ISM manufacturing report. More >>
IG Markets - Afternoon Thoughts
Monday, 3 December 2012, 8:53 pm | IG Markets
Heading into today’s session, the Australian market had been called to unwind approximately 19 points or 1.4% higher at 4525. As things currently stand, the market is 0.65% firmer at 4535, just off its session high of 4538. More >>
IG Markets - Morning Thoughts
Monday, 3 December 2012, 11:32 am | IG Markets
The only story town (read global markets) is the fiscal cliff. Heading into the last month of the year, the fiscal cliff is the topic that will dominate all others and will set the course for all asset classes heading into 2013. Friday’s US session ... More >>
IG Markets - Morning Thoughts
Friday, 30 November 2012, 11:09 am | IG Markets
Overnight, US stocks finished only modestly higher as the US ‘fiscal cliff’ circus kicked into high gear. After a convincing move higher in the previous session on the back of some encouraging words from President Obama and Republican leader ... More >>
IG Markets - Afternoon Thoughts
Thursday, 29 November 2012, 6:03 pm | IG Markets
Asian markets are firmer as investors react positively to the comments made by US political leaders regarding the budget talks. After having struggled through most of European trade, risk assets experienced a sharp reversal after comments by US ... More >>
IG Markets - Morning Thoughts
Thursday, 29 November 2012, 10:56 am | IG Markets
Risk assets edged higher as some positive comments from US leaders calmed heightening concerns that the US had made little progress in fiscal cliff negotiations. Comments by US Speaker of the House John Boehner that he is optimistic about US budget talks ... More >>
IG Markets - Afternoon Thoughts
Wednesday, 28 November 2012, 5:25 pm | IG Markets
Asian markets have picked up on the negative tone from US trade and declined in a fairly subdued session. Although we are seeing weakness at the moment, it generally seems markets are in a holding pattern after some of the big moves we’ve seen recently. ... More >>
IG Markets - Morning Thoughts
Wednesday, 28 November 2012, 11:07 am | IG Markets
IG Markets - Morning Thoughts The risk rally triggered by the Greek debt deal swiftly faded as market participants switched their focus to fiscal cliff concerns. European equities managed mild gains but were well off their highs as the positive sentiment ... More >>