Trading Update
23-Jun-14, 9:18am:

Stock Markets Pull Back as Iraq Situation Continues



Indices are seeing some profit taking this morning, with the FTSE and the DAX slipping as Iraqi militants take more ground.

EUR/JPY is also on the move this morning as traders buy into the safe haven yen, with gold seeing a huge boost on inflation concerns in the US.



Update by Craig Inglis, Head of Product Development,
23-Jun-14, 9:18am: Some positive mnaufacturing data from China has enoucraged some profit taking in stocks, with a fire at an ASOS distribution centre possibly set to weigh on the share price.



Update by Joe Rundle, Market Analyst,
24-Jun-14, 9:10am: Stock market indices are weaker after yesterday’s European inflation data weighed on sentiment.



Update by Adrien Cohen, Market Analyst,
24-Jun-14, 10:26am:

Gold Eyes Resistance but Crude Dips



Crude oil has come off somewhat this morning as disruption concerns lighten, however, gold is still targetting resistance at $1,321 and then $1,332.



Update by Craig Inglis, Head of Product Development,
24-Jun-14, 10:55am: The latest technical trading video on our blog considers the outlook for several major indices including the FTSE 100, DAX and Dow Jones.

Can the FTSE 100 Break Above 6900 or Is Momentum Slowing?

Update by Gordon Childs, Editor,