Ukraine puts traders on high alert

Heading into the close the FTSE 100 is up five points as stocks have been shaken by the uncertainty in Ukraine. 

Continental Europe is acting as a buffer but London is still feeling the impact of the selloff.

RBS leads FTSE fallers

The Royal Bank of Scotland is leading the fallers, as the indebted lender has managed to widen its full-year loss, dashing hopes of the government unwinding any of its 81% stake in the bank in the near future. 

Standard Life revealed a 13% drop in full-year profits, but the real shock in its announcement was its contingency plans in relation to Scottish independence. Investors are now wondering whether Standard Life will leave Scotland if it leaves the union.

IG's grey market on the Poundland IPO has seen a surge in activity, with IG clients anticipating a market capital of £915 million. With 2013 was a good year for IPO’s, will 2014 be a great year for flotation’s? 

Us markets up slightly

The Dow Jones is up 14 points at 16,212. US equities are a touch higher as Janet Yellen testifies in Washington. Ms Yellen is going to play the wait-and-see game; if the economy keeps improving then tapering will be implemented and if the economy stalls then quantitive easing will be left unchanged. 

China continutes to weigh on copper

Copper continues to slide as questions hang over Chinese demand. The Peoples Bank of China is trying to get a bit of hot air out of the property market without bursting the bubble; either way the nation will need less copper.  

US dollar benefits from Ukraine tension

The US dollar has benefited from the uncertainty in Ukraine. Political tensions heating up in the Crimea have triggered an outflow from the former Soviet state and into the safe-haven US dollar. 

The Australian dollar was dragged lower by poor capital expenditure data. Australians are clearly more interested in saving than spending their spare cash. 

IGA, may distribute information/research produced by its respective foreign affiliates within the IG Group of companies pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, IGA accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore recipients should contact IGA at 6390 5118 for matters arising from, or in connection with the information distributed.

This information/research prepared by IGA or IGA Group is intended for general circulation. It does not take into account the specific investment objectives, financial situation or particular needs of any particular person. You should take into account your specific investment objectives, financial situation or particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. In addition to the disclaimer above, the information does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Any views and opinions expressed may be changed without an update.

See important Research Disclaimer.