Skip to content

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Market excitement is fueled by the Nikkei 225's all-time high

The Nikkei 225, a stock index in Japan, is close to breaking its all-time high record. Additionally, the European markets, represented by the German DAX and the French CAC, are expected to start strong with record levels.

Source: IG

(AI Video Summary)

The Nikkei 225

The Nikkei 225, a stock index in Japan, is close to breaking its all-time high record. Additionally, the European markets, represented by the German DAX and the French CAC, are expected to start strong with record levels.

Coinbase

Coinbase, a company in the cryptocurrency market, experienced a 14% increase in its stock price after announcing impressive earnings.

UK retail sales

The UK retail sales for January saw a significant surge of 3.2%, which balanced out the negative figure from December. Overall, the markets have been moving sideways, making it hard to predict their next direction, but it seems like it will be a positive week for the London markets.

The Bank of England

Despite uncertainties about the Bank of England's decisions on interest rates, the good numbers for UK retail sales and gross domestic product (GDP) suggest that the London markets will have a strong start.

The Asian markets

The Asian markets, especially the Japanese Nikkei 225, have also seen noticeable gains. Over the last 14 to 15 months, the Nikkei 225 has experienced a remarkable increase of 16.94%. Wall Street also saw gains with all major markets, such as the Dow Industrials, the Nasdaq, and the S&P 500, rising for three consecutive days.

The UK economy

While the UK economy officially entered a recession for the third and fourth quarters of last year, the retail sales numbers for January paint a different picture, showing a significant increase. As a result, the opening of the London markets is expected to be strong. The value of the British pound also rose after the release of the retail sales data, potentially indicating an increase against the US dollar and the EUR.

The FOMC

Looking ahead to next week, the focus will be on the release of the FOMC minutes on Wednesday. These minutes are expected to outline the Federal Reserve's stance on keeping interest rates higher for a longer period of time, as they aim to control inflation before considering any rate cuts.

NatWest

In the corporate world, NatWest announced better-than-expected results, reporting pre-tax profits of £6.2 billion, surpassing analysts' forecasts. The bank also revealed plans for dividends and a share buyback. Coinbase also had positive results, with earnings per share of $1 and record revenues, benefiting from the recent surge in Bitcoin and other cryptocurrencies.

In summary, the European markets were set for a strong start, with the Nikkei 225 and the UK retail sales driving positive sentiments. NatWest's impressive results had a significant impact on the European stock story. However, spot gold experienced a decline due to the strengthening US dollar, while the oil markets maintained their recent gains.

This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

Start trading forex today

Find opportunity on the world’s most-traded – and most-volatile – financial market.

  • Trade spreads from just 0.6 points on EUR/USD
  • Analyse with clear, fast charts
  • Speculate wherever you are with our intuitive mobile apps

See an FX opportunity?

Try a risk-free trade in your demo account, and see whether you’re onto something.

  • Log in to your demo
  • Take your position
  • See whether your hunch pays off

See an FX opportunity?

Don’t miss your chance – upgrade to a live account to take advantage.

  • Get spreads from just 0.6 points on popular pairs
  • Analyse and deal seamlessly on fast, intuitive charts
  • See and react to breaking news in-platform

See an FX opportunity?

Don’t miss your chance. Log in to take your position.

Live prices on most popular markets

  • Equities
  • Indices
  • Forex
  • Commodities
website terms and agreements. Prices are indicative only. All share prices are delayed by at least 15 minutes.

" >


Prices above are subject to our website terms and agreements. Prices are indicative only. All share prices are delayed by at least 15 minutes.

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.

Plan your trading week

Get the week’s market-moving news sent directly to your inbox every Sunday. The Week Ahead gives you a full calendar of upcoming economic events, as well as commentary from our expert analysts on the key markets to watch.


For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of spread betting and CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.