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ETX Capital

ETX Capital
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ETX Capital is a UK based financial company that provides institutional, high-net-worth and retail customers with multi-asset market derivatives trading through financial spread betting and contract for difference (CFDs) products.
Mario Draghi
EURUSD seems to be looking for an excuse to assault the $1.10 level and the ECB could provide the ammunition. But it might also prove a big disappointment. The pair has so far failed to maintain much momentum since the French election result produced a wave of relief across markets...
France
French election preview The French public goes to the polls on Sunday, April 23rd in one of the most unpredictable and closely-fought presidential elections in recent memory. It’s also one of the most important for France in decades with voters apparently split between extremes of left and right. Success for...
Wall Street Stocks
US earnings season kicks off properly on April 13th as Citigroup, Wells Fargo and JPMorgan Chase & Co all report their first quarter revenues. Financials are set to be among the top performers and expectations are running high. Here’s our quick preview of what to expect from US earnings this quarter. EPS...
London Stock Exchange
European stocks are find favour in many corners of the investment community as US stocks struggle for a fresh leg up. US stocks look expensive By just about any gauge, US stocks look pretty expensive. That’s not to say they won’t keep rising – but it does impact the decision making...
Euro Vs Poud
Is it time to short the euro against the pound? While sterling has been on the defensive since the EU Referendum nine months ago, there may be signs that UK currency could be set for a recovery. On the other hand, sterling could be set for a tumble if...
Donald Trump
Donald Trump’s healthcare failure has been taken pretty badly by investors. Stocks were in the red across Europe on Monday as markets reacted to the ditching of legislation that was designed to repeal and replace Obamacare. The DAX slumped below 12,000 before recovering its poise. The FTSE 100 posted a...
Wall Street Stocks
Wall Street endured its worst day in months on Tuesday as it investors went into risk-off mode. Traders seem to be reassessing the Trump trade. Will he deliver on the promise that has fuelled the gains since November? Problems with healthcare reform don't augur well for tax and deregulation efforts. It...
Brokers watching FTSE 250 stocks fall
Where is the global economy going? With the Trump trade and global reflation, the outlook has improved a lot in recent months, according to some of the world's top money managers at least. The latest Global Fund Manager survey from Bank of America Merrill Lynch shows optimism remains firm despite...
Bank of England
Sterling popped on Thursday (March 16th) after a hawkish surprise from the Bank of England. The MPC was not unanimous in its decision to keep rates hold, with Kristin Forbes voting for a 25 basis point hike. That meant the MPC voted 8-1 to keep rates at 0.25%, while...
Stock Market Janet Yellen FOMC
Federal Reserve meeting – potential for hawkish surprise could be overstated The Federal Reserve is a dead cert to raise rates on Wednesday, so the key question is how far and how fast the US central bank will tighten monetary policy this year. Attention will shift to the signals for...
Europe
The euro rallied after the ECB signalled it is in no rush to do more QE, although on the whole it was not a particularly hawkish-sounding Mario Draghi. EURUSD scaled the 1.06 handle but there was little in there for the bulls. The euro firmed but only to a...
Europe
ECB: Potential to disappoint Thursday’s meeting of the European Central Bank (ECB) comes at a time of buoyancy in the Eurozone economy that we’ve not seen for years. Growth is picking up, headline inflation is on target and corporate earnings are soaring. he ECB is certain to leave rate and QE...
Brexit In Campaign
GBPUSD outlook more bullish, says Morgan Stanley. Sterling has slipped to a seven-week low ahead of the Budget, trading below $1.22 for the first time since Theresa May launched her campaign for a clean, hard Brexit back in the middle of January. But could now be the time to get bullish...
UK
UK Spring Budget 2017 preview – how might companies be affected? The Chancellor, Philip Hammond, can point to a resilient economy, rising tax receipts and lower borrowing when he delivers his first Spring Budget on Wednesday (March 8th). But the triggering of Article 50 is sure to weigh on the...
Royal Bank of Scotland
RBS shares jumped over 5% on Monday (February 20th) after it confirmed the EU is looking at alternatives to forcing the troubled lender to selling off around 300 Williams & Glyn brand branches. This is good news for RBS and for chief executive Ross McEwan, whose efforts to set up...
Snap Chat
Snap Inc is preparing to list on the New York Stock Exchange (NYSE) in what looks like being one of the most keenly-awaited Initial Public Offerings (IPO) in years. With initial estimates suggesting the $3bn raise will make the company worth about $25bn, investors and analysts are picking over...
Snap Chat
Snapchat IPO – where does it fit in the grand scheme of US tech listings of recent years? The hotly-anticipated Snap IPO has finally been announced. Small on detail, but large on promise, some say the proposed listing on the NYSE would value the company at around $20-25bn. That would place...
British Pound
Volatility in pound forex pairs has been elevated since the Brexit vote. but just how big are the daily moves we are seeing compared to historic instances of price swings? Over the last 52 weeks, the average daily range for GBPUSD has been in excess of 1%. But on a...
Bank of Japan
Central banks dominate the forex trading agenda this week with the Bank of Japan, Federal Reserve and Bank of England convening for monetary policy meetings. There should be trading opportunities aplenty in stocks and indices, too, as earnings season continues apace. Meanwhile, political stories like Brexit and Donald Trump...
US Stocks
Trading on the Dow Jones industrial average – the US 30 or Wall Street for short – is just like trading on the S&P 500. Only it’s not; and for anyone trading on the Dow it’s vital to understand the idiosyncrasies of this stock market index. What is the Dow...
Wall Street Stocks
The Dow Jones Industrial Average finally crossed the 20,000 mark, after enjoying an impressive rally since Donald Trump’s election. Psychologically important - we all like round numbers, it's sign that the Trump rally is back on after a bit of pullback ahead of the inauguration, It also confirms that the...
UK
Sterling fell and then recovered some of the losses following the Supreme Court’s ruling as the judges’ decision casts a pall of uncertainty over the triggering of Article 50. We've seen the pound move around a lot on these kind of political decisions but just how will the Supreme...
Donald Trump
Donald Trump, the 45th President of the United States, is famed for his tweets and his ability to move stock prices with just a few words fired off into the Twittersphere. And he shows no signs of dialling back on this flow of missives once in office. An app...
Donald Trump
Donald Trump will be sworn in as the 45th President of the United States at around 17:00 (GMT), Friday January 20th. Traders are anticipating him to make some significant decisions immediately that could affect financial markets and this could throw up some big trading opportunities in markets like USD,...
Theresa May
Trading on sterling has been volatile ahead of a key speech on Brexit by prime minister Theresa May. Here’s our at-a-glance guide to what to watch for in this major market-moving event and how to trade it. Hard or soft? Mrs May claims not to acknowledge the terms but markets certainly...
UK
Brexit is the only game in town for the pound. Sterling looks set for a rocky week of trading after slumping overnight on Monday, January 16th to levels not seen since the ‘flash crash’ of October as political uncertainty over the triggering of Article 50 trumps all other concerns. GBPUSD...
Morrisons
It's been a busy week for the FTSE with a string of trading updates from the UK's biggest retailers. Here's a quick summary of the main announcements. Morrisons Morrisons beat its Christmas sales expectations with yet another standout set of numbers as the company enjoys a hugely successful turnaround under CEO...
Italy
Italians have firmly rejected proposed constitutional reforms, forcing prime minister Matteo Renzi to resign and throwing open the prospect of fresh elections in 2017. So where now for Italy and the markets? What the result means The chief casualty is prime minister Matteo Renzi, who resigned in the wake of the...
Oil
OPEC members finally agreed a deal to cut production at the cartel’s meeting in Vienna this week, but can the entente hold together and is it entirely what it seems? OPEC deal explained Members of the Organization of the Petroleum Exporting Countries (OPEC) have been crippled by stubbornly low oil prices....
Italy
On December 4th, Italians head to the polls for what could be another major market-moving event. They are voting on constitutional reforms but the plebiscite has turned into a wider vote on the government, the ailing Italian economy and the very future of the country’s place at the heart...

LATEST

ECB to Reduce QE- Euro Vulnerable to Dovish Draghi

Mario Draghi
The European Central Bank (ECB) is widely expected to retain the zero-interest rate policy (ZIRP) as it...

EUR: Trading The ECB – Views From Major Banks

Mario Draghi
The following are brief expectations for the ECB April meeting statement as compiled from the related research reports of 7 major...

Dollar holds gains; Canadian dollar, Mexican peso surge on NAFTA relief

Canadian Dollar
The dollar only held its gains against the Japanese yen on Thursday after U.S. President Donald Trump's...
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