Trading Update |
06-Aug-13, 8:52am: Below, a brief update which takes a look at where the markets are going and there are some rather different trends out there. The NASDAQ 100 hit a 13 year high yesterday, gold continues to trend lower and USD/JPY has the potential to drop to ¥96. And for crude oil traders, Brent is seeing a lot of volatility… |
06-Aug-13, 10:13am: Following some hawkish Fed comments, European stock markets are stuggling on the open this morning despite rising UK retail sales. |
06-Aug-13, 4:13pm: With UK economic data performing well, Michael Hewson takes a close look at the outlook for the pound as well as expectations for the BoE inflation report and Carney’s forward guidance. |
06-Aug-13, 4:13pm: There is a new technical analysis video which discusses forex markets such as the Australian Dollar/US dollar. Technical Outlook for the Pound Amid Improving UK Data and the BoE Inflation Report |
06-Aug-13, 4:34pm: Below, a review of the week ahead and this week’s eco stats. |