Trading Update |
17-Oct-14, 8:54am: Stock Markets Attempt to Rebound but Remain Below ResistanceThe Dow Jones saw a bounce from its session lows last night, recovering to slightly above its opening price, with other global indices reflecting the rebound. The Nikkei 225 has continued to be weighed down by strength in the Japanese yen which is targetting ¥104.75. |
17-Oct-14, 8:54am: Confusion Across the Global Markets Drag Stocks to their 2014 LowsThis impressively detailed, 45-minute, technical analysis video features a discussion between Chief Market Analysts Michael Hewson and Colin Cieszynski about the huge volatility and confusion in the world’s key stock markets, forex, commodities and bonds. |
17-Oct-14, 10:42am: Equities Bounce as Dollar Pulls Off its LowsThe FTSE is higher this morning despite news of a Rolls Royce profit warning, amid reports of a potential merger between Sainsburys and Marks & Spencer. In addition, luxury shoemaker Jimmy Choo is set to float at the bottom of its expected range at 140p. |
17-Oct-14, 12:05pm: Our latest blog post takes a look at the implications of the recent falls in equities and crude oil. Does the Stock Market Slump Represent a Buying Opportunity? |
17-Oct-14, 3:13pm: Jimmy Choo Float at the Bottom of the Range Well, Jimmy Choo have finally listed on the London Stock Exchange and decided to play it safe by offering the stock towards the lower end of their range at 140p per share, valuing the firm at £545.6m. The float saw a small jump towards 144p at the start of the day followed by a slight pull back before a move back to the highs in the afternoon. IG are currently offering their Jimmy Choo Plc spread betting market at 143.14p – 144.11p. |