Trading Update
06-Oct-14, 9:14am:

Nonfarm Payrolls Renews Strength of US Indices and the Dollar

With continuing speculation about US rate hikes, USD/JPY is looking to re-test ¥110, EUR/USD is targetting $1.20 and GBP/USD is down below $1.60.

There is still a lot of pressure on West Texas crude which remains in a steep downtrend, although traders should be careful of any fundamental shift by OPEC.

Update by Craig Inglis, Head of Product Development,
06-Oct-14, 10:54am:

Equities Jump as NFP Beats Expectations

Stock markets around the world rallied after strong headline figures from the US nonfarm payrolls on Friday.

Lloyds is focus this morning as it looks to cut jobs and ‘digitise’ much of its business.

Update by David Papier, Sales Trader,
06-Oct-14, 4:05pm:

Trading the Jimmy Choo IPO

With the upcoming Initial Public Offering of luxury shoemaker Jimmy Choo, IG talks to Andy Brough from Schroders about the company’s underlying fundamentals and the potential valuation.

Alastair McCaig, Market Analyst at IG, also talks about how to trade their IPO grey market in the lead up to the floatation.

Traders should note that other firms may also offer a Jimmy Choo market.

Update by Alastair McCaig, Market Analyst,
06-Oct-14, 4:10pm: In this quick trading video, IG discusses the upcoming Jimmy Choo IPO and some of the shoemaker’s fundamentals.

Spread Betting on the Jimmy Choo IPO

Update by Gordon Childs, Editor,
07-Oct-14, 10:00am:

Dow Jones Reverses as US Dollar Takes a Breather

With a negative session in the US, the FTSE is also looking weak as it trades around support at 6519.

The Nikkei 225 has also struggled, trading on the wrong side of 15,828 and testing the 55DMA.

Update by Craig Inglis, Head of Product Development,
07-Oct-14, 11:13am:

Samsung Figures Hugely Disappoint after ‘Strategic Error’

The integrated consumer electronics firm, and fierce rival of Apple, has significantly disappointed with its latest results.

In this trading video, Dr Richard Windsor, from Edison, talks to IG about what went wrong and what they can do to maintain market share.

Update by
07-Oct-14, 11:55am: The latest article on our trading blog asks whether the recent gains for the US dollar may be about to come under pressure.

Will the US Dollar be Held up by Psychological Big Round Numbers?

Update by Gordon Childs, Editor,
07-Oct-14, 1:39pm:

Technical Outlook of the Financial Markets

In this detailed technical analysis video, Jasper Lawler discusses the latest outlook and fundamental signals across a broad range of interesting assets.

The 30-minute feature considers EUR/USD, USD/JPY, the DAX, the FTSE, and the S&P 500, as well as gold, crude oil and a variety of other key global markets.

Update by Jasper Lawler, Market Analyst,
07-Oct-14, 4:16pm:

AUD/USD Sees Strong Support but Maintains Downside Slant

A double bottom for the Australian dollar is providing support around $0.8650 but may be set to target the $0.86 to the downside if we break lower.

Gold is also trading near a very strong support level at $1,180 but is seeing a slight rebound with resistance at $1,240.

Update by James Chen, Chief Technical Strategist,
08-Oct-14, 9:14am:

US Dollar Mixed as Indices Tumble Ahead of FOMC Minutes

With Japanese policy makers concerned about the yen weakening too much, the USD/JPY currency pair has fallen below the 21DMA which is now acting as a price cap around ¥108.

The euro is trading near resistance at $1.2661 but the fundamentals remain stacked against the single currency.

Update by Craig Inglis, Head of Product Development,
08-Oct-14, 10:04am:

IMF Warnings Inspire Drop in Global Indices

Most stock indices slumped yesterday, with the Dow dropping 272 points and the FTSE losing 68 points, after the IMF posted a variety of warnings about global growth.

Update by Richard Wiltshire, Head of FX Trading,
08-Oct-14, 11:45am: This technical video takes a look at the recent strength of the US dollar and highlights some signals which may inspire a reversal.

Is the Overly Bullish Dollar Due for a Pull Back?

Update by Gordon Childs, Editor,
09-Oct-14, 9:16am:

Dollar Falls Back on Fed Concern Over Strength

The US dollar is seeing weakness after FOMC minutes raised fears about the currency’s recent strength and delayed speculation for a rate hike.

As a result, USD/JPY is heading down towards ¥107.43, EUR/USD surged up to resistance at $1.2861, and GBP/USD is looking to challenge $1.6265.

Update by Craig Inglis, Head of Product Development,
09-Oct-14, 9:33am:

Dow Storms Higher as FOMC Delay Rate Hike Expectations

Global stock indices surged as the latest Fed minutes suggest that there is concern over the strength of the US dollar, which may limit the likelihood of a rise in interest rates.

Update by Mark Priest, Market Analyst,
09-Oct-14, 3:51pm:

Will Central Banks Reverse Rapid Drop in AUD/USD?

After an 8% drop in the AUD/USD currency pair over the last month, a change in rhetoric from the RBA and the Fed may have upset the downward trend.

Update by Jasper Lawler, Market Analyst,
09-Oct-14, 3:51pm:

What Impact Could Ebola Have on the African Economy?

With the World Bank estimating that the Ebola outbreak could cost African economies $32bn, IG asks what can be done to limit the spread of the disease and what potential impact it might have.

Update by