CMC Markets
US non-farm payrolls: 8 March 2024
US non-farm payrolls: Friday, 8 March 2024Key takeaways from the latest announcement- The US economy added 275,000 jobs in February, according to the Bureau of Labor Statistics, surpassing expectations for 200,000 new payrolls.- The number of additional j...
6 months ago
Upcoming indices dividend drop points
View the estimated indices dividend drop points* for the week commencing Monday, 1 April 2024.Note: These figures are published on the Friday before the above-mentioned week, and are subject to change. Cash indexMondayTuesdayWednesdayThursdayFridayAustral...
6 months ago
What impact will the UK election have on the pound and the FTSE 100?
With opinion polls suggesting that the general election on 4 July is likely to lead to a change of government after 14 years of Tory rule, many traders and investors are wondering what impact this will have on UK markets such as GBP/USD and the FTSE 100....
2 months ago
Have Rolls-Royce shares peaked?
The Rolls-Royce [LON: RR] share price has undergone a remarkable transformation in the last two years. As recently as October 2022, the shares could be had for as little as 70p. Since then they have soared more than 500% to current levels of just under 45...
2 months agoShein IPO set for London listing
Shein is likely to make an official announcement regarding its IPO this year, but the official IPO date could be delayed if it faces political pushback. Shein’s decision to list in London comes after it confidentially filed paperwork for a New York listin...
2 months ago
How could the Olympic Games impact stocks?
Major sports events like the Olympics can drive economic growth by generating significant income from tourism, sponsorships, and broadcasting rights, benefiting local and global economies and offering unique investment opportunities.Sports across sectorsT...
2 months ago
Market update: what’s next for US and European equity markets?
Yesterday, sentiment in equity markets swung sharply as traders and investors digested the implications of slowing global employment, substantial job cuts – as Intel [INTC] announced as many as 18,000 cuts – and a fresh rate-cut cycle following the Bank o...
2 months ago
Market update: Weak yen helps markets rally
After a day of turmoil and significant losses, equity markets rallied overnight, helped by weakness in the Japanese yen, as the unwind of the so-called “carry trade” appears to have slowed, for now at least.A weaker yen supports Japanese equity indices an...
2 months ago
Market update: Global markets simmer down
Global markets were calmer overnight, and sentiment improved further as the Bank of Japan indicated that it wouldn’t raise interest rates in the country in a period of market turbulence. However, US banking giant JP Morgan warned yesterday that in its opi...
2 months ago
Market update: Equity markets consolidating
To use an analogy, if the equity market is a rubber ball that’s been dropped from a great height on to a hard surface, it would be expected to bounce numerous times, but eventually, that momentum would dissipate, and the ball would come to a stop. Looking...
2 months ago
Market update: bullish session for US markets
US equity markets put in a bullish session yesterday, with most S&P 500 sectors finishing the day towards their highs. The exception was the utilities sector, but that can probably attributed to its defensive properties, and weakness here could sugges...
2 months ago
Is it too soon to declare the stock market panic over?
Somewhat surprisingly, the S&P 500 closed at 5,344 points on Friday 9 August, down just two points from 2 August, but essentially flat over the week. That's quite something when you consider that the index started last week with a 3% loss on Monday. T...
2 months agoMarkets update: UK jobs data strengthens the pound
Yesterday was an uneventful day, but perhaps that's what the market needs right now. US equity indices finished flat on the session, and it was a similar picture in Europe where the biggest gain among major indices was 0.60% from the Italian MIB.Sellers s...
2 months ago
Markets update: Recession, what recession?
The more data that comes out, the more irrational the recent market meltdown and the supposed reasons behind it look. Yesterday provided opportunities to assess the health of the US consumer; a very important demographic because the personal consumption a...
2 months ago