IG Markets - Latest News [Page 7]
IG Markets - Morning Thoughts
Monday, 18 March 2013, 11:22 am | IG Markets
On Friday night the US markets finally ended their stellar run. The Dow closed down 25 points to 14514, ending its north-moving prints at eight consecutive record highs, and ten consecutive northward moves – its longest winning streak since 1996. The ... More >>
IG Markets - Morning Prices March 15
Friday, 15 March 2013, 11:21 am | IG Markets
Once more, US economic data led the today’s trade with US PPI coming right in-line with estimates at 0.7%, and was up 0.5% on the previous month. Unemployment was again the major driver with claims once again beating estimates, dropping another 10,000 ... More >>
IG Markets - Morning Thoughts
Thursday, 14 March 2013, 10:55 am | IG Markets
US sales figures were front and centre last night, with core retail sales (excluding automobiles) and retail sales (including cars) hitting the newswires before the US market opened. More >>
IG trading wrap 13/3/13
Wednesday, 13 March 2013, 5:05 pm | IG Markets
Asian markets have given up further ground today as a lack of positive drivers to keep the risk rally going has encouraged investors to lock in recent gains. The Nikkei, Hang Seng, Shanghai Composite and ASX 200 are all around 0.5% lower. Price action ... More >>
IG Markets - Morning Thoughts
Wednesday, 13 March 2013, 11:04 am | IG Markets
Treasuries finally broke their seven-day losing streak overnight as the risk-on trade started to lose its shine. Equities slid, even with the Dow making its six-consecutive record-making days. At the close of the US session, the Dow finished three points ... More >>
IG Markets - Morning Prices March 12
Tuesday, 12 March 2013, 11:20 am | IG Markets
However Italy was downgraded by a second ratings agency inside a week; this time Fitch cut Italy’s debt down a notch. More >>
IG Markets : Afternoon Thoughts
Friday, 8 March 2013, 6:47 pm | IG Markets
While equities moved higher through Europe and the US yesterday, our focus was more heavily weighted on the forex markets, notably EUR/USD and cable. In hindsight this was perhaps a short-sighted view because USD/JPY printed new highs and has continued ... More >>
IG Markets - Morning Thoughts
Friday, 8 March 2013, 11:43 am | IG Markets
Risk sentiment remained resilient through European and US trade in an active night on the macroeconomic front. Equities extended their gains yet again and with investors continuing to believe in the ability of central banks to support markets. There was ... More >>
IG Markets - Morning Thoughts
Thursday, 7 March 2013, 11:09 am | IG Markets
Wednesday night it is was US non-manufacturing PMI that pushed the Dow to all-time highs and the S&P near its all-time high; last night, however it is was non-farm payrolls shooting the lights out. More >>
IG Markets - Afternoon Thoughts
Wednesday, 6 March 2013, 7:10 pm | IG Markets
It’s all about the DOW, and now we work on projections rather than retracements, although price action in the FTSE and CAC also looks pretty constructive. Only the DAX failed to close above its January 28 high of 7871, with the index closing one ... More >>
IG Markets - Morning Thoughts
Wednesday, 6 March 2013, 11:28 am | IG Markets
Europe and the US trotted out more strong data overnight, this time in the non-manufacturing sectors. More >>
IG Markets - Afternoon thoughts
Tuesday, 5 March 2013, 5:36 pm | IG Markets
We suggested yesterday that the Fed Vice Chairman Janet Yellen could hit the market with further dovish rhetoric, and she didn’t disappoint. Why the USD came off as much as it did was quite surprising given her stance is well known, but perhaps it ... More >>
IG Markets - Morning Thoughts
Tuesday, 5 March 2013, 11:11 am | IG Markets
No major data was released in the US overnight, with most investors were watching Vice Chairman Yellen’s speech to the National Association for Business Economics (NABE). She reiterated Chairman Bernanke’s view that a hasty end to easing could ... More >>
IG Markets - Closing Wrap
Monday, 4 March 2013, 6:11 pm | IG Markets
Last week showed further evidence of correlation break-downs in different asset classes, with the ASX 200 gaining 1.4%, while AUD/USD lost 117 pips and NZD/USD an even more impressive 130 pips. In Europe, the FTSE put on 0.7%, while the EuroStoxx index fell ... More >>
IG - Morning Thoughts - 4 Mar 2013
Monday, 4 March 2013, 12:06 pm | IG Markets
Friday night saw both the Dow and the S&P 500 finish in the green, with the Dow rising to its highest level in five years. More >>
IG Markets - Trading Wrap
Friday, 1 March 2013, 7:09 pm | IG Markets
A positive tape for most of US trade fizzled out in the last hour or so after the Senate failed to vote through two separate proposals to replace the Sequester. What’s disappointing here is the index failed to take out Monday’s high and subsequently ... More >>
IG Markets - Morning Thoughts
Friday, 1 March 2013, 10:58 am | IG Markets
More good news - economic data is once again front and centre, with US unemployment claims unexpectedly falling more than forecasted, and people filing for claims down 22,000 to 344,000. Germany also experienced a fall in unemployment last night, amid ... More >>
IG Markets - Morning Thoughts
Thursday, 28 February 2013, 11:04 am | IG Markets
Economic data again dominated the headlines last night, this time on both sides of the Atlantic. Italy managed to sell €6.5 billion of five- and ten-year bonds in the midst of the inconclusive elections. The sale actually saw yields drop nine ... More >>
IG Markets - Morning Thoughts And Opening Calls
Wednesday, 27 February 2013, 11:24 am | IG Markets
Economic risk managed to take back the stage last night, after political risk stole the headlines the night before with the hung Italian elections. More >>
IG Markets - Afternoon Thoughts
Tuesday, 26 February 2013, 5:53 pm | IG Markets
It’s pretty fair to say the open on both the European bond and equity markets is going to be a lively affair, with Italy taking centre stage again. There has been a reaction already in Italian yields, with the ten-year selling off 32 basis points ... More >>