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Important Notice: IG Markets South Africa will no longer provide Trading Accounts. This change does not affect existing International/offshore accounts. New applications will be supported by IG International, part of IG Group, via https://www.ig.com/en. Important Notice: IG Markets South Africa will no longer provide Trading Accounts. This change does not affect existing International/offshore accounts. New applications will be supported by IG International, part of IG Group, via https://www.ig.com/en.

Taking stock: Optimising your Q2 strategy

A special report for IG clients on trade flows so far this quarter, where the smart money's headed and how to take advantage of changing sentiment. Angeline Ong catches up with Pete Ward, head of the IG premium client desk.

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(AI Video Summary)

Trade flow updates for this quarter

IG's Pete Ward discusses leveraging IG client sentiment versus institutional sentiment from the Commitment of Traders report to inform trading decisions. Key insights include trading strategies on the USD/JPY pair, anticipating Bank of Japan interventions. Institutional investors are currently favouring long positions on the US dollar due to carry trade opportunities and the Fed's aggressive stance. The conversation shifts to gold’s recent upswing and speculative selling by IG clients, despite traditional long positions for portfolio defense.

Different trading sentiments

Furthermore, there's a focus on the quick pivot of retail traders to news compared to the longer-term outlook of institutional investors, with examples including shifting sentiments in US tech stocks and adjustments based on earnings reports and macroeconomic data. The discussion concludes with the increasing interest in individual stocks and options trading among IG clients, highlighting the adaptability and evolving strategies of modern traders.

This information has been prepared by IG, a trading name of IG Markets Ltd and IG Markets South Africa 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.

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