Trading Update
03-Sep-13, 8:49am: The GKN stock is up 1.41% to 360.70

Update by Jenna Cutly, Editor,
03-Sep-13, 9:18am: It looks like a big day in the FX markets and USD/JPY is pushing ever closer to ¥100. From a technical analysis perspective, the move in USD/JPY is fairly neutral and so there could be more life in the current trend.

EUR/USD has also broken through support and we have a technical breakout.

The current strength of the dollar is also holding gold prices back.



Update by Craig Inglis, Head of Product Development,
03-Sep-13, 9:35am: Markets are still looking positive with more good Chinese data over night and US data manufacturing data to come later on.

No doubt the markets are buoyed by MA activity surrounding Vodafone/Verizon and Microsoft/Nokia.



Update by Ishaq Siddiqi, Market Analyst,
03-Sep-13, 12:41pm: This week, commodities have sold off as President Obama has decided to wait for Congressional approval for military action in Syria.



Update by Hannah Slowther,
03-Sep-13, 12:41pm: There is a new trading video which discusses the week’s key data as well as markets like crude oil.

Gold Weakens as Obama Waits for Congress to Approve Syrian Action

Update by Hannah Slowther,
03-Sep-13, 3:32pm: With the Fed tapering debate continuing and Syrian concerns rocking the markets, this trading video takes a look at the recent strength on the Dollar Index.



Update by Brenda Kelly, Senior Market Strategist,
03-Sep-13, 4:25pm: In this week’s trading video, Michael Hewson discusses the direction of the major Japanese markets amid Syrian tensions, central bank rate decisions and the US Non-Farm Payrolls report:



Update by Michael Hewson, Senior Market Analyst,
03-Sep-13, 4:25pm: Michael Hewson has produced a new trading video which looks at the Japanese markets including the Nikkei 225.

USD/JPY FX Pair Breaks Higher but Other Japanese Markets Do Not

Update by Michael Hewson, Senior Market Analyst,
03-Sep-13, 11:58pm:

Bitcoin Hits $148



Earlier today the digital currency hit $148.13, its highest level since 29 April.

For more details see our live Bitcoin chart.

Update by Jacob Wood, Editor,