Trading Update
17-Jun-14, 9:02am:

Commodities Dip as Traders Wait for News from Ukraine and Iraq



Commodities are off their highs, with WTI and gold selling off, however, this may be a respite before further rallies if the situation in Iraq or Ukraine deteriorates further.

Inflation data from the UK may impact GBP/USD, with strong resistance at $1.70, as traders look for additonal weight to the idea of a rate hike at the end of 2014.



Update by Craig Inglis, Head of Product Development,
17-Jun-14, 9:57am: Stocks are broadly higher this morning as traders focus away from the conflict in Iraq and trading volumes drop.



Update by Joe Rundle, Market Analyst,
18-Jun-14, 9:04am:

Strong Inflation Data Boosts the US Dollar



The euro has been unable to break above resistance at $1.3645 but, with US inflation data beating expectations and the FOMC meeting later today, it seems that dollar strength is in focus.

GBP/USD is re-testing $1.70 as sterling remains close to 5 year highs ahead of the Bank of England minutes.



Update by Craig Inglis, Head of Product Development,
18-Jun-14, 11:33am: Crude oil prices are continuing to rally on reports that Iraq’s largest oil refinery has come under fire and as US intervention looks increasingly likely.



Update by Joe Rundle, Market Analyst,
18-Jun-14, 11:50am: This technical analysis video discusses the potential knock-on effects from the current rally in crude oil.

How Will the Rally in Crude Oil Impact the Stock Market and Global Growth?

Update by Gordon Childs, Editor,
18-Jun-14, 12:30pm: Following Zoopla’s IPO, IG Live takes a quick look at the company fundamentals.



Update by
18-Jun-14, 5:14pm:

Will the Carry Trade in AUD/USD Defy Rate Cut Expectations?



With the RBA considering a rate cut, this technical trading video discusses what is driving the Australian dollar and where the market may go from here.



Update by Jasper Lawler, Market Analyst,