AUDUSD Breaking Higher

July 1, 2014 AUD/USD has gained today on the back of a flat outcome from the RBA and good recent data coming out of china.  We have broken above the yearly highs so far of 0.9459, and are currently trading at 0.9478. Crosses are looking bullish also. I am looking for dips to buy AUD and crosses, and… View Article

UK Manufacturing PMI rose to 57.5

July 1, 2014 June’s UK CIPS report on manufacturing suggests that the industrial sector is in fine fettle. The PMI rose from 57.0 in May to 57.5, just shy of November’s 34-month high of 57.8. And while the output balance fell from 61.0 to 59.4, its average level in Q2 is consistent on the basis of past form… View Article

European equity market closing prices

June 27, 2014 Equities UK FTSE +0.3% German DAX +0.1% French CAC -0.1% Spain IBEX -0.3% Italy MIB -0.3% On the week: UK FTSE -1.0% German DAX -1.7% French CAC -2.3% Spain IBEX -1.75% Italy MIB -3.0%