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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.
Euro
The euro has been a star performer in 2017 and it looks like it could be set for further gains as we head into the second half of the year. Euro net long positions as recorded by the US Commodity and Futures Trading Commission jumped to their highest level in...
Pound
GBPUSD continues to hold a little way above seven-month lows but looks susceptible to any drop in sentiment as tense and tough negotiations over Brexit commence yesterday (June 19th). Sterling traded above $1.28 in early trading as markets look for clues about where the talks are going to take the...
Federal Reserve
The Fed stuck to its guns, raising rates by a quarter point and calling for another hike this year, in spite of some pretty dreadful inflation earlier that has the market doubting the central bank's willingness and ability to tighten again in the near-term. The Fed seems to be...
Federal Reserve
The Federal Reserve is widely expected to raise rates on Wednesday but the big question for the market is whether June marks a pause in the current tightening cycle or if policymakers display a willingness for at least one more hike in 2017. The Federal Open Market Committee (FOMC) meets...
British Pound
A stronger Conservative majority likely to produce short-term rally for sterling, but weigh on longer term prospects. Other results may produce risk-off selling in UK assets on political instability but increased chances of a softer Brexit may boost sentiment longer term. Sterling could go either way on Friday as the...
London Stock Exchange
General Election 2017 market analysis - is a Labour government bad for stocks? Would a Labour win really be bad news for the FTSE? Stock markets are not that political but there is a widely-held belief that investors prefer a Conservative government to a Labour one. That is a deep-rooted...
Theresa May
A fairly bland format for a good debate, but the May vs Corbyn TV interviews certainly highlighted a few key themes and reinforced the growing view that this election is not such a done deal as first thought. Who won: May or Corbyn? Both sides of course claimed victory, and there...
Oil
Hopes are running high ahead of Thursday’s OPEC meeting that members will agree to further cuts to output in a bid to maintain price stability. But with crude rallying firmly before the meeting, will it be a case of buy the rumour, sell the fact? Production curbs OPEC members convene in...
Theresa May
Just a wobble; or something more? The general election is starting to look like it could spark some serious volatility as we head into June. For the first time a Tory landslide is not a given and there is reason to think that this alone could introduce a new...
British Pound
How does the UK general election affect the pound? Traders are second-guessing where sterling is headed before the nation goes to the polls again on June 8th as politics seem to remain front and centre in the forex markets. Snap judgment The surprise move by Theresa May to call an early...
Euro Vs Poud
Sterling is at a crossroads this week as markets look ahead to the Bank of England interest rate decision on Thursday (May 11th). The pound has steadily strengthened since mid-January and enjoyed a further leg higher following Theresa May’s decision to call a snap election, but it now faces...
France
Donald Trump’s unexpected victory unleashed animal spirits in the US, sending stocks to all-time highs and spurring an advance in the dollar. Can we expect the same from Emmanuel Macron’s win in France? The result is certainly risk-on. Since the first round vote indicated an easy route to the Elysee...
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...

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