Trading Update |
01-Oct-13, 9:31am: US Dollar Looking Fragile There’s some pressure on the Dow but it’s still holding. Whilst the FTSE 100 is also feeling the pressure it’s the US dollar that is looking most fragile. GBP/USD has broken higher and EUR/USD has also seen a good move higher. |
01-Oct-13, 10:05am: Risk assets are rallying despite the US government shutting down and sending 800,000 employees home on un-paid leave. As a knock-on effect the Non-Farm Payrolls may be delayed and so Bernanke may have little choice but to hold off Fed tapering. |
01-Oct-13, 11:10am: We have a new detailed technical analysis video on our blog which looks at how the political problems in the US and Italy will impact financial markets such as the Italy 40. Political Strife Weighs on Market Sentiment and Drags Indices Lower |
01-Oct-13, 11:58am: With the US facing a government shutdown and possible default, IG discusses what is actually happening and what it means for the financial markets. |
01-Oct-13, 11:58am: This trading video discusses the week’s upcoming economic data and major market moving events. |