Trading Update |
28-Jul-14, 9:28am: EUR/USD Slides After Weak German IFO DataWith struggling European data and a wealth of US figures coming up this week, the EUR/USD is in focus on expectations of further policy easing from the ECB. The US dollar is also gaining against most other major currencies, with USD/JPY in particular seeing a rally. |
28-Jul-14, 9:50am: Stocks Slide as Bellweather Earnings DisappointWeak US earnings saw the stock markets close lower last week, with the Dow and the DAX seeing significant declines. This morning, Asian markets are leading equities higher as Chinese industrial data impresses. |
29-Jul-14, 8:57am: Fed Rate Hike Speculation Boosts US DollarThe dollar is seeing broad based gains ahead of Non-Farm Payrolls, with EUR/USD and GBP/USD breaking below support levels. Crude oil is continuing to struggle, despite some supportive fundamental factors, as traders worry about demand expectations. |
29-Jul-14, 9:22am: The US managed to scrape some gains last night but good results from BP is encouraging some gains this morning. |
29-Jul-14, 9:22am: Fracking Given Greenlight in UKAs the UK government gives the go-ahead to firms to apply for test drilling permits, IG takes a quick look at how fracking works and what some of the practicalities may be. |
29-Jul-14, 3:39pm: BAT Looks for New OpportunitiesAhead of the tobacco firm’s interim results, IG talks to Elaine Coverly from Brewin Dolphin about what the company needs to do in order to expand revenue and stay relevant. |
29-Jul-14, 3:39pm: Will the Euro Fall to the $1.33 Level?With the euro breaking below several key support levels, we may be entering a new bearish trend. This technical analysis video also discusses GBP/USD, AUD/USD, the FTSE 100 and the S&P 500. |