Trading Update
08-Jul-14, 8:59am: Stock markets saw losses across the board yesterday as traders digest the latest positive data from the US and remain cautious ahead of Q2 earnings.



Update by Adrien Cohen, Market Analyst,
08-Jul-14, 8:59am:

EUR/USD Reverses as US Treasuries Revert to Pre-NFP Levels



The euro bounced off potential support as Non-Farms inspired dollar strength proves to be fairly fleeting.

Crude oil is continuing to fall back as fears over supply disruption fade.



Update by Adrien Cohen, Market Analyst,
08-Jul-14, 2:37pm:

When Will the MPC Raise Rates and How Will it Affect Sterling?



With improving UK data, IG talks to Former MPC Member Andrew Sentence about his belief that the BoE needs to act sooner rather than later to raise interest rates.

The video also considers the outlook for the pound against the euro and the dollar, and the contrasting plans of major central banks.



Update by