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August 2015

Uncertainty in the markets lies ahead

Published: Friday 28 August 2015

After a tumultuous week, Friday so far has been relatively quiet in the markets. The German CPI, matched the estimate of 0.2% year-on-year – so no real change for the Euro. Though, we still have the US personal spending report and the expectations are that the US dollar could strengthen off the back of this. The long weekend promises to be a break for most people, however the markets never sleep. With so much mixed news whipping around the newswires and so much uncertainty recently, there is a very strong chance we will see significant volatility on Monday. This is a great opportunity for anyone to place an automated order at a `tongue-in-cheek` level to see if they can buy or sell their needs at very attractive levels outside of the daily trading range.