Trading Update
19-Jun-14, 9:16am:

FOMC Points to Lower Rates in the Long-Term



With the Fed updating the market on its interest rate intentions, the forex markets are seeing a spike in volatility.

As a result, the dollar is tumbling against the yen, the euro and sterling, with GBP/USD targetting the 5-year resistance at $1.7048.



Update by Craig Inglis, Head of Product Development,
19-Jun-14, 9:16am:

Stocks Surge to New Record Highs after FOMC



With the Fed’s announcement that interest rates would remain low for longer, US stocks saw a very bullish close.

Volatility is expected in commodities as events in Iraq continue to unfold.



Update by Mark Priest, Market Analyst,
20-Jun-14, 6:55am:

Debenhams Needs to Update its Strategy



Ahead of the latest results, IG suggests that whilst the department store has a useful portfolio of retail space, its ecommerce strategy is struggling to push the company forward.



Update by
20-Jun-14, 9:22am:

Gold Sees Largest 1 Day Jump in 9 Months



Gold saw a huge $40 rally yesterday after the Fed stated that it would maintain low interest rates.



Update by Joe Quinn, Market Analyst,
20-Jun-14, 10:29am:

Is the S&P 500 Due a 50% Correction and Will India Take Off?



When taking a longer-term view of the US stock market, Robin Griffiths of ECU Group believes that Western markets may be due for a huge pull back, although it may be too early to sell just yet.

Robin also considers where the money may move to and suggests that gold could be set for a new bull market, with the Indian stock market potentially targeting significantly higher highs and growth over the coming decades.



Update by
20-Jun-14, 11:30am: The latest trading video on the CleanFinancial.com blog, takes a look at the potential repercussions of an escalating situation in Iraq.

Norwegian Krone Tumbles as Iraq Turmoil Raises Crude Oil Concerns

Update by Gordon Childs, Editor,
20-Jun-14, 12:31pm:

TSB Floatation was 10 Times Oversubscribed



The TSB IPO seems to have been a success, with large demand seeing Lloyds float 35% of the business rather than the 25% initially planned.



Update by
20-Jun-14, 12:31pm:

TSB Floatation was 10 Times Oversubscribed



The TSB IPO seems to have been a success, with large demand seeing Lloyds float 35% of the business rather than the 25% initially planned.



Update by