CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Business News: Boeing suffers another setback, Fed awaits

By Jenny McCall

13:22, 26 January 2022

A picture of the Boeing logo at Boeing HorizonX, Boeing NeXt, Aurora Flight Sciences office building in Silicon Valley - Menlo Park, California, USA
Delays to delivering its 787 Dreamliner have led to Boeing incurring a $3.5bn charge – Photo: Shutterstock.

Key Points

  • Boeing continues to suffer setback after setback. The aerospace firm incurred a $3.5bn charge in the fourth quarter of 2021 due to delays with its 787 Dreamliner.

  • The US Federal Reserve policy decision is due to be announced to day at 19:00 GMT.

Top business and economic news

  • Pharmaceutical company, Abbott Laboratories (ABT) has reported a 7.2% rise in its quarterly sales due to increased demand for its diagnostic products, including Covid-19 tests.
  • Analysts estimate that Apple will surpass revenue growth targets of 6% when it releases its next earnings statement.

Markets today

  • Stocks: US stock index futures rose today, driven by Microsoft’s strong results.  
  • Oil: Brent crude prices rose today as geopolitical tensions in Europe and the Middle East caused further worries.
  • Gold: Spot gold was down 0.2% at 11:50 GMT, US Gold Futures fell 0.4%, as investors awaited potential Fed rate hikes.
  • Forex: The euro slipped 0.1% after hitting $1.12640 overnight.
  • Crypto: Bitcoin rose over 3% and Ethereum was up almost 5% today.

What to watch today

  • Technology giant Apple (AAPL) has gained its highest-ever market share in China in the fourth quarter, according to data from Centrepoint research.

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Related reading

The difference between trading assets and CFDs
The main difference between CFD trading and trading assets, such as commodities and stocks, is that you don’t own the underlying asset when you trade on a CFD.
You can still benefit if the market moves in your favour, or make a loss if it moves against you. However, with traditional trading you enter a contract to exchange the legal ownership of the individual shares or the commodities for money, and you own this until you sell it again.
CFDs are leveraged products, which means that you only need to deposit a percentage of the full value of the CFD trade in order to open a position. But with traditional trading, you buy the assets for the full amount. In the UK, there is no stamp duty on CFD trading, but there is when you buy stocks, for example.
CFDs attract overnight costs to hold the trades (unless you use 1-1 leverage), which makes them more suited to short-term trading opportunities. Stocks and commodities are more normally bought and held for longer. You might also pay a broker commission or fees when buying and selling assets direct and you’d need somewhere to store them safely.
Capital Com is an execution-only service provider. The material provided in this article is for information purposes only and should not be understood as investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents and has not been prepared in accordance with the legal requirements designed to promote investment research independence. While the information in this communication, or on which this communication is based, has been obtained from sources that believes to be reliable and accurate, it has not undergone independent verification. No representation or warranty, whether expressed or implied, is made as to the accuracy or completeness of any information obtained from third parties. If you rely on the information on this page, then you do so entirely at your own risk.

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