Stay in step with market opportunities and get insights, actionable trade ideas and dedicated support.
Week Ahead: Central Bank fallout, more pain for the Pound, and inflation data
Will this week be a volatile and chaotic as last week? Will markets continue with last week’s trend, or will there be profit taking along the way?
Gold falls below $1650 as US Dollar soars
Recession fears are causing both GBP/USD and EUR/USD to move lower. As a result, the US Dollar is moving higher. This leaves traders nervous to buy the dip in Gold as it moves to its lowest level since April 2020.
Earnings This Week: Nike, Micron and Bed Bath & Beyond
Find out what to expect from this week's earnings calendar.
Open an account today
Tight spreads from 0.5 pts on FX and 1 pt on indices.
Award-winning platforms with fast and secure execution.
US open: Recession fears send stocks tumbling lower
US stocks are dropping sharply and are set for steep weekly losses after the Fed rate hike raised fears of a recession.
Forex Friday: USD, GBP, TRY, CHF and JPY
In this week’s edition, we discuss the dollar’s latest big gains following this week’s central bank meetings, among other things.
Reddit stocks: what meme stocks are trending?
Reddit has become a hub for social-media driven traders and investors that have proven their ability to move the markets, injecting huge volatility into stocks like GameStop and AMC. But what stocks are grabbing attention on Reddit today?
Most traded stocks of the week
We reveal the most traded stocks among our clients over the past week, providing insight into what equities are grabbing the most attention from traders.
Two trades to watch: FTSE, USD/CAD
FTSE rises ahead of the mini-budget. USD/CAD rises above 1.35 ahead of CAD retail sales & US PMI data.
SNB hikes 75bps, but Franc’s not satisfied
The SNB hiked rates by 75bps today. However, the inconspicuous comments by the central bank left EUR/CHF weary as to if there are more to come.
Bank of England hikes rates by 50bps; More to come?
Despite a rate hike by the BOE of 50bps, GBP/USD is near 37-year lows. Why? Because the Fed hiked rates by 75bps yesterday and said that more rate hikes are on the way.
Nothing changes for gold, stocks as yields resume higher
Bearish trend persist for indices and metals as investors watch yields continue to rise following a flurry of central bank action this week.
Will the S&P 500 continue to suffer this Q3 earnings season?
This is expected to be the worst earnings season for US stocks in two years and the outlook remains bleak.
USD/JPY dives but is government intervention effective?
Is the BoJ undoing the government’s attempt to shore up the yen?
Two trades to watch: GBP/USD, DAX
GBP/USD falls ahead of the BoE rate decision. DAX tumbles post-Fed & Putin.
Boohoo H1 preview: Where next for the Boohoo share price?
The Boohoo share price languishes near levels not seen since 2016, leaving it in desperate need of a new catalyst at a time when the retail sector looks vulnerable.
FOMC as expected; markets extremely volatile during presser.
As for other central bank meetings: within the next 20 hours markets will hear from the BOJ, SNB, Norges Bank, BOE, and SARB.
US Dollar Index reaches highest level since June 2002 ahead of the Fed
Be wary of a “Buy the rumor, sell the fact” trade in the US Dollar after the Fed’s decision later today.
30 days risk-free trading with £10,000 in virtual funds
US open: Stocks rise cautiously ahead of the Fed
Futures are edging higher, shrugging off Putin's call for mobilisation and looking ahead to the Fed's rate announcement.
FTSE rises but global stocks set to remain undermined
The slightly firmer tone is in an overall bearish macro environment, with focus on Fed, BoE and other central bank meetings this week
Two trades to watch: Gold, EUR/GBP
Gold awaits the Fed announcement. EUR/GBP falls on Putin’s threats, UK government borrowing rises.
European Open: Implied volatility spikes, BOJ gets active ahead of FOMC
Rising yields ahead of the FOMC meeting has seen the BOJ announce bond purchases, and implied volatility has risen notably for the next 24-hours.
The SNB could surprise (again) with a larger than expected hike
The SNB (Swiss National Bank) are expected to hike interest rates tomorrow, which would send their rate above zero for the first time since 2011.
Sweden’s Riksbank hikes rates 100bps, but the Krona doesn’t care!
The Riksbank feels like it got burnt one to many times by not raising interest rates enough. Therefore, it raised rates by 100bps today and said there is more to come.