Trading Update |
07-Aug-14, 9:04am: Safe Haven Yen and Gold See SpikesUSD/JPY saw a slump yesterday as traders rushed into the Japanese yen, with a large technical breakout in gold being capped by the 21 day moving average. With Russia bringing its own sanctions against the EU/US and poor German economic data, the euro is continuing to slide. |
07-Aug-14, 9:36am: The markets remain nervous of the situation in the Ukraine, with poor German data also seeing the DAX enter a technical correction. |
07-Aug-14, 12:58pm: How will Trade Balance Data Impact Chinese Stocks?An interesting divergance between services and manufacturing in Chinese PMI data is encouraging some weakness in the China A50. This trading video takes a look at how the index might react to the upcoming trade balance data. |