Trading Update |
08-Aug-14, 8:35am: Yen Jumps and Nikkei Slumps on US Airstrikes in IraqThe USD/JPY pair has reversed most of its recent gains, whilst the Japanese Nikkei has seen a huge technical break lower. Gold is continuing its run higher, with a classic wedge breakout pressing $1,320, and crude oil has bounced towards $99. |
08-Aug-14, 9:21am: Geopolitcal Fears Drag Stocks Lower Despite Strong US DataStock market indices have tumbled on concerns over the Russia/Ukraine situation and news of US airstikes to come in Iraq, with the Nikkei plummetting 3% lower. |