Category: Commodities

Trading Update 23-Oct-14, 8:40am: EUR/USD Drops after US Inflation Ahead of Eurozone PMIThe euro will be in focus today amid a swathe of Eurozone PMI data and US retail sales, with EUR/USD targetting support at Continue reading »

Trading Update 22-Oct-14, 8:26am: Gold Bounces from Triple Bottom Low Towards $1,265The gold market has continued to see a rebound from strong support at $1,180 as the US dollar’s recent strength falters.The technical outlook for Continue reading »

Trading Update 15-Oct-14, 8:33am: Dollar Rebounds as UK and Eurozone Data DisappointsThe dollar has seen something of a comeback, with EUR/USD and GBP/USD recording losses after weaker UK and European data.Equity markets have also rebounded Continue reading »

Trading Update 01-Oct-14, 9:30am: US Weakness Weighs on European MarketsDisappointing economic data dragged the US lower last night along with political unrest in Hong Kong.The supermarket sector is in focus today as Sainsburys cut its Continue reading »

Trading Update 29-Sep-14, 8:52am: Stock Markets Look Forward to the Non-Farm PayrollsThis quick update from ETX discusses the key upcoming data and events for the week including US unemployment figures. Update by 29-Sep-14, 9:23am: Hong Continue reading »

Trading Update 19-Sep-14, 9:04am: Stock Market Indices Head for the StarsThe FTSE 100 has been trading as high as 6906, not a million miles away from the all time highs.Nikkei 225 is not far off Continue reading »

Trading Update 03-Sep-14, 8:53am: Commodities Drop on Mixed Manufacturing DataWith US manufacturing data beating estimates, gold saw a significant fall yesterday, though misses for China and Europe saw crude oil slip on demand concerns.The Japanese Continue reading »

Trading Update 28-Aug-14, 9:07am: Macro Data Sees Caution for the EuroThe single currency is slipping slightly this morning, with stocks remaining cautious, ahead of a range of key economic figures. Update by Craig Inglis, Head Continue reading »

Trading Update 21-Aug-14, 9:14am: The major equity indices are higher this morning ahead of UK retail sales data, European PMI and confidence figures. Update by 21-Aug-14, 9:38am: What to Look Out for When Trading Mining Continue reading »

Trading Update 08-Aug-14, 8:35am: Yen Jumps and Nikkei Slumps on US Airstrikes in IraqThe USD/JPY pair has reversed most of its recent gains, whilst the Japanese Nikkei has seen a huge technical break lower.Gold is Continue reading »