Trading Update |
01-Aug-14, 8:52am: US Dollar Surges on Strong GDP DataWhilst indices are under pressure, the dollar is seeing gains after better-then-expected US growth figures ahead of today’s Nonfarm Payrolls. |
01-Aug-14, 9:50am: Global Stock Markets Tumble on Fears of US Rate HikeWith strong US GDP data inspiring fears of a rate hike, stock markets dropped, with the Dow losing more than 200 points. The Argentine default caused steep losses in Spain, whilst poor earnings from Adidas also weighed. |
01-Aug-14, 12:00pm: The latest trading video on the Cleanfinancial.com blog looks at market reaction to the current climate. Are Stocks Justified in Ignoring Geopolitical Risk? |
04-Aug-14, 8:59am: Dollar Remains Under Pressure after Weak NonfarmsThe dollar took a beating on Friday after weak NFP figures with EUR/USD moving higher, however, there are still some bulls out there as GBP/USD tumbled. In the commodities space, crude oil continues to decline despite geopolitical concerns, whilst gold saw a lift on delayed Fed rate hike expectations. |
04-Aug-14, 9:48am: Weak US data last week saw heavy losses across the board, although stocks are expected to rise today after news of a bailout for Banco Espirito Santo. |
04-Aug-14, 4:50pm: Will RBA Policy Weigh on the Australian Dollar?The Australian dollar is facing some key fundamental events this week that may encourage a rise in volatility. With signs of technical weakness also creeping in, will AUD/USD remain in the paws of the bears? |