Trading Update |
17-Apr-14, 8:41am: NASDAQ in Focus AgainThe NASDAQ is set to come under further pressure after poor results from IBM and Google. Janet Yellen has also taken a more dovish stance by suggesting that interest rates will remain at ultra-low levels for an indefinate period. |
17-Apr-14, 9:28am: Dollar Retreats on Dovish Yellen CommentsMixed US data and interest rate comments from Janet Yellen is seeing the dollar retreat this morning, with the yen benefitting. |
22-Apr-14, 9:04am: Yen Rallies on Mixed Asian Economic DataThe yen is seeing some buying interest this morning after poor Chinese data and mixed Japanese figures. The EUR/USD pair is drifting towards strategic support around $1.3772, with cable targetting potential resistance. |
22-Apr-14, 9:04am: Pharmaceutical Stocks Buoy IndicesFollowing the long Easter weekend, European stocks are surging as they catch up with US and Asian markets. In the pharmaceutical sector, separate M&A news involving GSK and AstraZeneca is helping to buoy the FTSE 100. |