Trading Update
07-Aug-14, 9:04am:

Safe Haven Yen and Gold See Spikes



USD/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.



Update by Craig Inglis, Head of Product Development,
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.



Update by Mark Priest, Market Analyst,
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.



Update by Jasper Lawler, Market Analyst,