IG Markets - Latest News [Page 8]
QBE - First Take: QBE Feeling Pressure On Margin Constraints
Tuesday, 26 February 2013, 2:16 pm | IG Markets
On first blush, headline figures came in broadly in-line, with net profit (reported) up 8% on last year at $761 million. Gross written premium was also stronger year-on-year, higher by 1% to $18.43 billion dollars. Final dividend was slightly better due to ... More >>
IG Markets - Morning Thoughts
Tuesday, 26 February 2013, 11:21 am | IG Markets
Political risk is once again taking centre stage, with the headline statement from the Italian elections being ‘projections show a risk of ungovernability’. More >>
IG Markets - Trading Wrap
Monday, 25 February 2013, 6:26 pm | IG Markets
It’s been a pretty crazy day in Asia given all the information the markets have had to price in and absorb. The end result has been another move north in the USD, with the dollar index (DXY) the highest level since September 5, and US futures moving ... More >>
IG Markets - Morning Prices Feb 25
Monday, 25 February 2013, 11:48 am | IG Markets
Friday closed the book on some very impressive upward records. The S&P 500 ended the week 0.3% down (shortened due to President’s Day) to 1515 points and snapped a seven week winning streak - its longest tear since January 2011. The ASX 200 almost ... More >>
IG Markets - Afternoon Wrap Up
Friday, 22 February 2013, 5:53 pm | IG Markets
Clearly there is underlying strength in Australian equities, with the market seeing yesterday’s sell-off as overdone. Perhaps the slight pullback was enough to entice the yield hunters back in, with the usual suspects in the telco, healthcare and financial ... More >>
IG - Morning Thought and Opening Calls
Friday, 22 February 2013, 2:19 pm | IG Markets
Overnight several key pieces if US data came out including core CPI figures (up to 0.3% versus 0.2% forecasted) and existing home sales, up to 4.92 million versus 4.89 million expected. Unemployment figures were poor, however up around 9,000 claims ... More >>
IG - Morning Thoughts and Opening Calls
Thursday, 21 February 2013, 12:21 pm | IG Markets
Commodities dominated markets overnight with oil, gold and silver all falling like a stone. Oil and gold tumbled, losing 2.3% respectively to 94.46 a barrel and $1,562 per ounce while silver plummeted, dropping 3.5% to $28.43. This lead dragged stocks ... More >>
IG Markets - Afternoon Wrap
Wednesday, 20 February 2013, 7:16 pm | IG Markets
The Asian equity juggernaut rolls on and new highs were seen in the ASX 200 and Nikkei, although both failed to hold the early gains. In Australia, the market gave WPL the thumbs up, although the overall quality of the result was poor and helped ... More >>
First take on the BHP number and new CEO
Wednesday, 20 February 2013, 12:16 pm | IG Markets
On first glance, the surprise this morning will be the appointment of Andrew Mackenzie to the new CEO position. It is very aggressive from a timing point-of-view; we knew it was coming, but this shows BHP is looking to get onto the front foot with a division ... More >>
IG Markets - Morning Thoughts
Wednesday, 20 February 2013, 11:23 am | IG Markets
The US market came back online overnight after having Monday off for Presidents’ Day and it has come back with a bang. The S&P 500 climbed to a five-year high after trading in a tight band around 1520 for several days. Heading into the close ... More >>
IG Markets - Morning Thoughts
Tuesday, 19 February 2013, 11:19 am | IG Markets
With the US market closed for Presidents’ Day overnight, all investor focus turned to European markets, and for a third day in a row the markets fell as major companies such as Carlsberg missed guidance and Mario Draghi stated he ‘did see risks in ... More >>
IG - Morning Thoughts
Monday, 18 February 2013, 11:13 am | IG Markets
Friday night saw another very benign trading day in the US with the S&P 500 again subdued, moving through the 10 point range to close the week at 1520 (one point off for the session but remaining at five-year highs). What is interesting from the US ... More >>
IG Markets - Morning Thoughts
Friday, 15 February 2013, 11:11 am | IG Markets
Overnight, the S&P 500 was little changed as investors weighed up global economic concerns with better-than-expected unemployment claims and increased M&A activity. Fewer people than anticipated filed for unemployment benefits over the week with ... More >>
IG Markets - Morning Prices Feb 14
Thursday, 14 February 2013, 11:07 am | IG Markets
Overnight the S&P 500 found some resistance after reaching its highest level in five years at 1525 points. Investors took this point as a good time to lock in profits and concentrate on President Barack Obama’s State of the Union address. ... More >>
IG - Morning Thoughts and Opening Calls
Wednesday, 13 February 2013, 12:00 pm | IG Markets
Overnight the S&P 500 climbed, sending the benchmark index to its highest level in five years. It is now only 3% away from its all-time high in October 2007 and the US earnings season has continued to top estimates as investors turn to President ... More >>
IG Markets - Trading Wrap
Tuesday, 12 February 2013, 6:46 pm | IG Markets
It seems that European markets will see another tepid open, although traders will have to be alert and prepared to be nimble given the number of key personnel ready to hit the wires in upcoming trade. Perhaps the key economic release will be UK January ... More >>
IG Markets - Morning Thoughts
Tuesday, 12 February 2013, 11:24 am | IG Markets
The S&P 500 had a very quiet night with most of Asia offline for either Chinese New Year or Foundation Day. Volumes were lower than average and the index only moved through a four point window. Heading to the close the S&P was down one point ... More >>
IG Markets - Morning Prices Feb 11
Monday, 11 February 2013, 11:05 am | IG Markets
On Friday night the S&P 500 closed the week on a high, up 0.57% on the day to finish as 1517 points its highest level for the week, as earnings season took over once more. Over the weekend S&P futures have risen approximately 0.29%, however ... More >>
IG MaRKETS - Afternoon Thoughts
Friday, 8 February 2013, 7:13 pm | IG Markets
Asian equity markets are mainly firmer in afternoon trade after China’s current account data came in ahead of expectations. Overseas shipments increased by 25% year on year and saw the total surplus come in at $29.15 billion and beat consensus by ... More >>
IG Markets - Morning Thoughts
Friday, 8 February 2013, 11:14 am | IG Markets
The S&P 500 pulled back for the first time in two days amid disappointing earnings from the likes of Akamai Tech and Scripps Networks, while the euro slid further on statements by ECB President Mario Draghi that the currency’s strength could hurt ... More >>