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1 month ago | 
ig.com | Tony Sycamore
Your weekly financial calendar for market insights and key economic indicators from 3 March.
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Jan 23, 2025 | 
ig.com | Tony Sycamore
United States (US) stocks closed higher on Thursday, with the S&P 500 hitting a new record high above 6100, following a 5.3% pullback in December. Investor sentiment was boosted by President Trump's virtual address to the World Economic Forum, where he called for immediate interest rate cuts and urged Saudi Arabia to lower oil prices. In Australia (AU), the ASX 200 gained for the third consecutive week, falling just 84 points short of its record high of 8415.5 from early December.
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Jan 22, 2025 | 
ig.com | Tony Sycamore
IGA, may distribute information/research produced by its respective foreign affiliates within the IG Group of companies pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, IGA accepts legal responsibility for the contents of the report to such persons only to the extent required by law.
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Jan 22, 2025 | 
ig.com | Tony Sycamore
Amazon is set to report its fourth quarter (Q4) 2024 earnings after the market closes on Thursday, 6 February 2025 (date subject to change). Amazon is an American multinational technology company specialising in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence (AI). It is a member of the 'magnificent seven,' alongside Tesla, Microsoft, Nvidia, Apple, Meta, and Alphabet.
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Dec 31, 2024 | 
ig.com | Tony Sycamore
Discover how the Federal Reserve's hawkish rate cut decision impacts AUD/USD and Bitcoin, driving a surge in the US dollar and yields.
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Dec 10, 2024 | 
ig.com | Tony Sycamore
The ASX 200 trades 34 points (-0.41%) lower at 8388 as of 3.15pm AEDT. The ASX 200 pared almost half of its early losses this afternoon after a dovish shift from the Reserve Bank of Australia (RBA) at its final board meeting of the year. As widely expected, the RBA kept its official cash interest rate on hold today at 4.35% for a ninth consecutive meeting. The decision was accompanied by a dovish shift in tone.
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Dec 9, 2024 | 
ig.com | Tony Sycamore
It was a mixed start to the week for key European equities as traders assessed the promise of renewed stimulus in China. This comes ahead of a busy calendar that includes interest rate meetings for the European Central Bank (ECB) and the Swiss National Bank (SNB). The German DAX 40 reached a fresh record high of 20,461 at the opening, driven by China's Politburo announcement.
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Dec 9, 2024 | 
ig.com | Tony Sycamore
AUD/USD finished lower last week at 0.6389 (-1.92%), marking its lowest weekly close in 13 months. The decline from the 30 September high of 0.6942 accelerated last week after Australia's third-quarter (Q3) gross domestic product (GDP) figures released on Wednesday fell short of expectations by a significant 0.2%.
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Dec 8, 2024 | 
ig.com | Tony Sycamore
IGA, may distribute information/research produced by its respective foreign affiliates within the IG Group of companies pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, IGA accepts legal responsibility for the contents of the report to such persons only to the extent required by law.
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Dec 8, 2024 | 
ig.com | Tony Sycamore
The S&P 500 and the Nasdaq 100 hit fresh record highs on Friday following a mixed non-farm payrolls jobs report, which increased expectations that the Federal Reserve (Fed) will cut interest rates at its December meeting. For the week, the Nasdaq 100 surged 3.3%, the S&P 500 gained 0.96%, and the Dow Jones lost 0.6%. Total payrolls bounced back to 227,000 from a revised 36,000, reversing the previous month's strike and storm-related downturns.
