Trading Update |
09-Jun-14, 9:04am: European indices are moving higher this morning as they catch up with the strong finish to last week’s US trading following the nonfarm payrolls. |
09-Jun-14, 9:04am: Euro Slips as Technical Levels Provide PressureEUR/USD is being capped by its 200 day moving average, which is adding some selling pressure and may target $1.3568 after the ECB action and NFP last week. The Japanese yen is seeing a slight bounce today, but a general move lower is pushing USD/JPY and the Nikkei higher. |
10-Jun-14, 8:59am: Despite US indices continuing to make new highs, European markets are off slightly this morning after mining shares boosted the FTSE during yesterday’s session. |
10-Jun-14, 9:30am: Slump in USD/JPY Drags the Nikkei LowerStrength in the yen is starting to make things look weak for the Nikkei as technical indicators start to reverse and the index trades below potential support. Crude oil surged yesterday on Chinese data and now sits just below very key resistance at $105. |
10-Jun-14, 11:24am: Branding and Sponsorship at the Brazilian 2014 World CupWith the upcoming football world cup in Brazil, IG talks to David Haigh, the CEO of Brand Finance, about what the sponsors of a major tournament can expect in terms of rights and privileges but also the potential risks and concerns. |
10-Jun-14, 11:35am: With central banks taking a different approach to monetary policy, this analysis video discusses the implications for the euro and other key financial markets. Is EUR/USD Set to Slump as Central Banks Take Different Paths? |
10-Jun-14, 5:20pm: Can the Australian Dollar Break Out of Its Trading Range?In this detailed technical analysis video, James Chen provides his expert insight on the outlook for AUD/USD, EUR/USD, GBP/USD, the FTSE 100 and gold. Analysis includes support/resistance levels, price targets, technical indicators, trading ranges and potential trends. |