Trading Update
22-Aug-14, 10:33am:

Markets Tentative Ahead of Jackson Hole



With little economic data released today, stocks are waiting for speeches from members of the world’s major central banks later this afternoon.



Update by
26-Aug-14, 9:08am: Dovish comments from Draghi encouraged gains in the stock markets, though we are expecting a slight pull back today.



Update by
26-Aug-14, 9:08am:

Euro Slides as Draghi Comments Raise Hopes of QE



With the ECB President making some dovish comments at Jackson Hole, investors dragged the euro lower on contrasting expectations for monetary policy.



Update by Craig Inglis, Head of Product Development,
27-Aug-14, 9:21am: Equities are on the rise this morning after the S&P 500 closed above 2,000 for the first time in its history and Ukraine-Russia peace talks continue.



Update by Mark Priest, Market Analyst,
27-Aug-14, 9:21am:

Euro Continues to Weaken on ECB Easing Hopes



Forex traders are keeping an eye on the EUR/USD pair as it tests support around $1.3193 following Draghi’s comments that hinted towards quantitative easing.

The dollar strength is weighing on crude oil but rising demand expectations may make a rebound more likely in the short-term.



Update by Craig Inglis, Head of Product Development,
27-Aug-14, 2:15pm:

ASOS Surges on Rumours of US Retail Suitor



After overcoming a major warehouse fire, the fashion retailer is planning for significant growth, though some have their doubts about the recent takeover inspired surge in share price.



Update by