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IG Markets Forex Thoughts

Wednesday, 25 May, 2011 - 17:02

EURUSD

IG Markets Afternoon Thoughts

Wednesday, 25 May, 2011 - 17:02

Across Asia, regional markets are all lower as traders continued to worry about concerns of US growth and the Eurozone sovereign debt problems.

IG Markets Morning Prices

Wednesday, 25 May, 2011 - 10:34

In the US overnight, stocks finished a choppy session modestly lower as signs of economic weakness continued. However, it would have likely been worse had Goldman Sachs not said it was turning positive on commodities due to increasing demand fundamentals.

IG Markets Afternoon Thoughts

Tuesday, 17 May, 2011 - 17:09

Across Asia, regional markets are mostly lower, although off their session lows following the negative overnight lead from Wall Street and continued concerns over the European debt situation.

IG Markets Morning Prices

Monday, 16 May, 2011 - 10:50

In the US overnight, stocks finished Friday's session significantly lower as investors continued to worry about slowing global growth and European debt concerns.

IG Markets Afternoon Thoughts

Friday, 13 May, 2011 - 18:01

Across Asia, regional markets are mostly lower, choosing to ignore positive leads from Wall Street and focus on the latest tightening measures in China and the Bank of Korea's decision to keep interest on hold versus forecasts of a rise.

IG Markets Morning Prices

Tuesday, 10 May, 2011 - 10:45

On Wall Street overnight, US stocks started the week on a positive note as oil and commodities recovered some of last week's falls, spurring buying interest among energy and materials names. This came despite S&P slashing its rating on Greek debt by two levels to B from BB-.

IG Markets - Afternoon Thoughts

Monday, 9 May, 2011 - 17:15

Across Asia, regional markets are mostly higher following the positive overnight leads from the US and the sharply stronger-than-expected US jobs report. Beaten up commodities from last week's selling have begun to see some renewed buying interest.

IG Markets Morning Prices

Monday, 9 May, 2011 - 10:40

In the US on Friday, stocks finished the session modestly higher as investors were encouraged by a much stronger-than-expected jobs number. However, gains drifted throughout the session, finishing well off the session highs as traders contemplated falling oil prices and a rising dollar.

IG Markets Afternoon Thoughts

Thursday, 5 May, 2011 - 17:13

Across Asia, regional markets are all lower in light trade as both Japan and South Korea are closed for a public holiday. The weak US economic data overnight combined with risk aversion and the pullback in commodity prices is weighing on sentiment.