Trading Update |
11-Sep-14, 9:21am: Weak Chinese Data Weighs on WTI Crude OilGlobal demand for crude oil is dipping, amid Chinese PMI data disappointing, with downside targets of $91.13 and then $89. The gold market has also broken down out of its recent short-term channel as the dollar strengthens. |
11-Sep-14, 9:51am: Nikkei Rallies on Expectations of More BoJ StimulusThe Japanese Nikkei surged after a meeting between Prime Minister Abe and Governor Kuroda raised hopes of additional easing. The euro continues to struggle after Draghi announced further policy changes at the ECB last week. |
12-Sep-14, 10:00am: European stocks are trading fairly flat as investors await Scottish referendum news and the latest polls. |
12-Sep-14, 10:00am: Sterling Bounces to Weekly High as Polls SwingThe latest polls for Scottish independence has seen a rally in the British pound, with markets more confident of a No vote than the press. |