Trading Update
23-May-14, 9:11am:

Will the Yen Rebound Ahead of the Weekend?



The yen is in a descending triangle pattern but may see some buying as we head into an uncertain weekend of electoral results.

Stock markets are also facing some downward pressure, with the Dow and FTSE 100 slightly lagging behind the SPX 500.



Update by Craig Inglis, Head of Product Development,
23-May-14, 9:59am: With election results expected over the weekend from both Europe and Ukraine, stock markets are treading water this morning.



Update by Joe Rundle, Market Analyst,
23-May-14, 11:45am: With central bank decisions remaining key to sentiment in the markets, the latest video on our blog looks at what may be upcoming from the ECB, the BoE and the Federal Reserve.

Stocks Improve on Shifting Expectations for Bond Yields and Interest Rates

Update by Gordon Childs, Editor,
23-May-14, 1:27pm:

Saga IPO Hits Lowest Target Price



In this quick trading video, IG take a quick look at how some Saga stakeholders might hold onto their shares for now.



Update by
27-May-14, 9:18am:

Euro and Yen Look Weaker but Stocks Rebound



The euro is seeing a slight rebound this morning following some strong selling pressure, whilst GBP/USD is aiming to test longer-term resistance.

With some yen weakness, the Nikkei 225 is breaking higher out of the recent downtrend, however, there is potential for a bearish DOJI formation.



Update by Craig Inglis, Head of Product Development,
27-May-14, 9:18am: European stock markets are dipping this morning as traders digest the results of the latest European parliamentary elections.



Update by
27-May-14, 4:39pm:

DAX Rallies Towards 10,000 Despite European Election Results



Expectations for ECB easing is seeing the DAX head towards all-time highs despite a surge in support for ‘anti-establishment’ parties in the European elections,

Nevertheless, German bunds are rising sharply and EUR/USD is holding above key levels which may be a signal of investor caution.



Update by Michael Hewson, Senior Market Analyst,