Many tech companies are looking to diversify their revenue streams by powering the AI revolution. One such company is Canada-based data centre company Hive Digital Technology. IG’s Angeline Ong caught up with HIVE’s CEO Aydin Kilic to find out why they have evolved into an ‘infrastructure as a service’ business, utilising hydroelectric energy from Sweden and Canada and geothermal power from Iceland.Any opinion, news, research, analysis, or other information does not constitute investment or...

We’re looking at another busy week ahead. FX traders will have the best opportunity to make money, although earnings are still high on the agenda. By the end of the week, we’ll have a good idea on how the US jobs market is going with payrolls from both the private sector ADP release and labour department numbers with non-farm payrolls. There are also job openings with the JOLTS data. This will all go hand in hand with the US Federal Reserve on a US rate decision on Wednesday. The US dollar...

Trial results from Eli Lilly add to a growing body of evidence that suggests GLP-1 drugs, which include treatments like Lilly’s Mounjaro and Novo Nordisk’s Wegovy have medical benefits beyond diabetes and weight loss. Tematica CIO Chris Versace explains how these so-called ‘diabesity drugs‘ could affect healthcare and why their impact, positive and negative, could not be known for some time. He also discusses the impact of oil prices on monetary policy and Netflix.Any opinion, news, research,...

It’s a week where earning dominate with plenty of stocks on the IG list of all-sessions coverage. Some of the big US companies include Microsoft (MSFT), Alphabet (GOOG), Tesla (TSLA) Exxon Mobil (XOM), Chevron (CVX), Intel (INTC) and Ford Motor (F) to name just a few. Then in Europe Shell Oil (SHEL), Barclays (BARC), Lloyds Banking Gp (LLOY), NatWest (NWB), Unilever (ULVR), BNP Paribas (BNP) and Nestlé (NESN) as just some of those in Europe to watch. Economic data includes a raft of flash PMI...

With almost every US data point from jobs to manufacturing and commodities prices showing upward price pressures remain, should there be an interest rate hike instead of a cut? Tematica CIO Chris Versace says he thinks the Fed can sit and wait on rates for now, without having to cut until the risk of rising inflation has truly eased.Any opinion, news, research, analysis, or other information does not constitute investment or trading advice. Follow us on Twitter...

It’s back, front and centre, US quarterly earnings. Following the release on Friday of Q1 numbers from JP Morgan (JPM), Citigroup (C) and Wells Fargo (WFC), it’s the turn this week of Goldman Sachs (GS), Bank of America (BAC), Johnson & Johnson (JNJ, Procter & Gamble (PG) and Netflix (NFLX) amongst others. Watchout out for all these as they all trade all session on the IG platform to enable clients to take advantage. Meanwhile in Europe LVMH (MC) and ASML (ASML) lead the charge....

‘The rising competition in the EV space is not necessarily good for investors in this space,’ says Abbas Barkhordar, Co-manager of the Schroder Asia Pacific Fund ‘because margins will be squeezed and this is likely to lead to a fall in profits’. Barkhordar also discusses AI and China investment themes with IG’s @AngelineOng.  Any opinion, news, research, analysis, or other information does not constitute investment or trading advice. Follow us on Twitter...

Recent strong jobs, manufacturing and consumption data from the US have meant that hopes of a first Fed rate cut in June are fading fast. Wind Shift Capital’s CEO and Shard strategist Bill Blain explains why this is a new era of normalising interest rates and how investors should be positioned for this new cycle.  Any opinion, news, research, analysis, or other information does not constitute investment or trading advice. Follow us on Twitter...

Interest rate decisions from the eurozone, Australia, and Canada, plus FOMC minutes could make it interesting for FX traders in the coming week. Plus, Tesco, Delta along with Citi, JPMorgan Chase and Wells Fargo kick off the earnings season. Watch out for a written US banks earnings preview from IG’s Shaun Murison on IG.com.

Investing in the globally critical area of defence has never been so interesting. With the rise of technology as a driving force in security, the HANetf Future of Defence UCITS ETF is up 46% since the lows in October 2023. IGTV caught up with Tom Bailey, head of research at HANetf to discuss how the fund has developed as technology has become a more meaningful force in the global defence sector. Any opinion, news, research, analysis, or other information does not constitute investment or...

In what is a relatively quiet week, with the UK markets out on Monday and some not yet back from a 3-day weekend with Easter celebrations continuing, US jobs data will dominate. On Tuesday it kicks off with JOLTs – job openings, then Wednesday the private payrolls with ADP job creations and on Friday the Labor Department’s non-farm payrolls. All this data has the potential to move both the dollar and the equity markets and if the data goes the same way has done recently we should see further...

‘We are ramping up our year-end target price for the S&P 500 to $5,500 from $5,200’ says John Stoltzfus, Chief Investment Strategist, Oppenheimer Asset Management tells IG’s @AngelineOng. Stoltzfus also explains why much of this is linked to a shift in investor mindset and perception of the US economy.Any opinion, news, research, analysis, or other information does not constitute investment or trading advice. Follow us on Twitter...

The minutes of the latest Bank of Japan meeting comes a week after the Fed signalled the economy was moving in the right direction for it to start cutting rates. Look out for the latest GDP growth rate print from the UK and Germany. France and the US release consumer confidence figures. Plus, Kingfisher and retailer H&M hand in their corporate report cards.

‘I would be disappointed if copper prices fell below support levels of around $8,860.’, said analyst and partner at SP Angel, John Meyer, ‘In fact, due to the current mood music out of China, I expect copper to stay above $9,000 per metric ton in the coming week’. Meyer also speaks to IG’s @AngelineOng about his outlook for gold and iron ore.Any opinion, news, research, analysis, or other information does not constitute investment or trading advice. Follow us on Twitter...

Big week for rate decisions across four central banks; the Reserve Bank of Australia (RBA), Bank of Japan (BoJ), Federal Reserve (Fed) and Bank of England (BoE). Only the BoJ could move with markets expecting at least some loosening of its long held yield curve control, of course the Japanese central bank go for a rise in its 0% rate policy, that could see a spike in the yen, but more likely that will come in April. Outside of this FX traders will be on alert too with the German ZEW & Ifo...

‘Nvidia is very much like Ford in the automotive revolution,’ John Stoltzfus, Chief Investment Strategist at Oppenheimer Asset Management tells IG’s @AngelineOng, ‘and the chip giant’s growth is likely to continue as it changes the playing field for almost every industry.’Any opinion, news, research, analysis, or other information does not constitute investment or trading advice. Follow us on Twitter...

With the dollar now having seen three weeks of losses, will the US data out next week continue to push the greenback down? Outside of this the government in the UK is desperately seeking evidence that the recession in Q3 and Q4 of last year is over, will the GDP data on Wednesday prove this? GBPUSD is now at high levels not seen since December 2023. Corporates in the week include Oracle (ORCL) on fiscal third-quarter earnings, UK housebuilders including Persimmon (PSN), Berkeley Group (BKG)...

Recent comments from US Republican election hopeful, Donald Trump suggest that not enough is being done in Europe especially, to assist NATO in its defence spending. Owing to the war in Ukraine, demand for weapons in Europe has soared, but there remains potential upside for traditional arms companies as well as new technology businesses in the cyber security industry. As Tom Bailey, from HanETF says Future of Defence UCITS ETF (NATO) provides exposure to the companies generating revenue from...

There is unlikely to be any move in rates from either the Bank of Canada (BoC) or the European Central Bank (ECB) but the interesting angle will be the commentary. Will both signal their intention to cut rates? Two-thirds of economists polled by Reuters recently suggest that the ECB will begin cutting rates in June. The BoC has its benchmark rate at 7.2%, one of the highest in developed economies and mortgage holders are crying out in pain so the BoC may also indicate its willingness to start...

With the end of the tax year fast approaching, IG’s Portfolio Manager, Martin Harris, sat down with IGTV’s Angeline Ong to run through the three key changes to ISA’s for 2024 and which IG products are available. 

The most volatile event of the week ahead is likely to be the New Zealand rate decision on Wednesday morning. With the Kiwi dollar at a nine-month low against the Aussie, if the Reserve Bank of New Zealand continues with its hawkish rhetoric, there’s a possibility of a short AUD/NZD winning on the day. The other event will be the Caixin and NBS PMI data in China which will give a deeper understanding of just how weak the Chinese economy is. Corporate data includes Ocado and Zoom on earnings...

2023 was a big year for uranium, confirming that we are indeed seeing a nuclear renaissance. There has been a commitment to nuclear energy coming from environmental concerns, with COP28 seeing nuclear energy taking centre stage with 22 countries pledging to triple their nuclear energy capacity by 2050. Big producers are also signalling lower production. One of the world’s largest producers, Kazatomprom, reduced its production guidance by 14% and said it is unlikely to reach its 2025 targets....

After a week of GDP data, comes flash PMI numbers for many of the world’s largest economies. This will give us a more thorough understanding of how economies are faring bearing in mind the recent recession in the UK and Japan. Earnings across the week are dominated by UK banks where we see FY numbers from HSBC, Lloyds Banking Group, Barclays and Standard Chartered. Mining stocks are also in view with updates from Glencore and Rio Tinto. All sessions stocks to watch out for on the IG platform,...

‘The US Federal Reserve does not need to cut interest rates in March or even in early spring,’ Chris Versace, Tematica CIO tells IG’s @AngelineOng ‘because the economic data coming through indicates the US economy is still at risk of rising inflation’. Versace also explains why chip stocks, especially those related to AI and data centres, could have further to climb.