Trading Update
29-Aug-13, 9:31am: Yes, there has been a small bounce in the S+P 500 but yesterday’s candlestick was not a strong one. CMC clients are often long of the US index but they are looking 50/50 at the moment.

Crude oil has moved swiftly through resistance and is trading on fundamentals rather than technicals.

Gold is grinding higher and if we move above $1424 the next resistance is at $1487.



Update by Craig Inglis, Head of Product Development,
29-Aug-13, 9:32am: And stock markets are in recovery mode this morning:



Update by Ishaq Siddiqi, Market Analyst,
29-Aug-13, 10:41am: This week’s trading video discusses how the index and commodities markets are reacting to the situation in Syria and the continuing discussion over Fed tapering.



Update by Michael Hewson, Senior Market Analyst,
29-Aug-13, 1:49pm: IG take a 3 minute look at the current Vodafone move:



Update by Alastair McCaig, Market Analyst,
29-Aug-13, 5:46pm: With Syria dominating the headlines and financial markets seeing a flight to quality, this week’s trading video takes a look at the latest outlook.



Update by Hannah Slowther,