Poor ADP Employment Data Ripples Through the Financial Markets

A daily look at the Markets from Joshua Raymond, Market Strategist, City Index. Poor ADP employment figures sent ripples through equity markets in Europe today, causing the FTSE 100, DAX and CAC to lose ground and turn negative on the day. ADP employment data showed that the private sector surprisingly lost 23,000 jobs in March, [...]

IG Index adds BATS Europe Liquidity

Financial spread betting and contracts for difference provider IG Group Holdings has extended its Smart Order Routing technology by incorporating liquidity from BATS Europe, the operator of a European multilateral trading facility (MTF). IG Group’s Smart Order Routing searches out the best offered price for clients across multiple liquidity venues. This is something that the [...]

Copper Prices Help Boost European Indices

A daily look at the Markets from Nick Serff, Market Analyst, City Index. Investors remained perplexed as to whether to build on equity positions or not as we head into the end of the quarter and a long bank holiday weekend. The miners are stronger yet again, with the sector benefitting from stronger Copper prices [...]

FX Trading Weekly – Accord on Greek Debt Helps the Euro

UK budget leaves sterling unmoved. The EU reaches another agreement to rescue Greece; this one might hold water. A two-cent range took sterling from €1.1050 to €1.1250 and all the way back again. It opened in London this morning half a cent up on the week at €1.11. After their experience the previous week when [...]

European Markets Climb on Stronger Commodities Prices

A daily look at the Markets from Joshua Raymond, Market Strategist, City Index. Equities in Europe climbed in early trade on Monday as investors capitalised on stronger commodity prices to push Europe’s benchmark Indices higher by 0.4%. The key to today’s gains has been the mining sector. Both Copper Spreads and Gold Spreads have been [...]

FX News – Euro and Pound Rebound

Today both the Euro and the Pound are rebounding off recent lows on rising hopes for a resolution to the ongoing Greek saga. ECB president Trichet has reportedly changed his views on an IMF led bailout from stating that such a plan was ‘inappropriate’ to being ‘extraordinarily happy’ with the way things are going. There [...]

Spread Betting Indices Markets Negative on Profit Taking

A daily look at the Markets from Joshua Raymond, Market Strategist, City Index. A late sell off in the US towards the close last night has made investors in Europe a little hesitant today. The gains yesterday were sharp and with the Dow Jones eradicating triple digital gains by the end of the session, investors [...]

Greek Financial Options Improve and the FTSE and DAX Hit New Highs

A daily look at the Markets from Joshua Raymond, Market Strategist, City Index. The FTSE 100 and Dax powered to new 21 month and 18 month highs respectively on Thursday as US jobless claims declined and UK Retail Sales showed surprising strength in February. Investors also grew more optimistic that a resolution to Greece’s debt [...]

Euro Continues to Struggle as Greece Concerns Drag On: Currency Trading News

The Financial Fixed Odds update from David Evans, Market Analyst, BetOnMarkets. Less than five hours into Wednesday’s session we’re already seeing some interesting trends emerging. Firstly, there is a general flight away from the ‘risky’ currencies of the Australian Dollar, Euro and Pound and into the ’safer’ currencies of the US Dollar and Japanese [...]

Nasdaq 100 Looking Stronger

The Financial Fixed Odds update from David Evans, Market Analyst, BetOnMarkets. During the first bear market of the 2000’s, it was the tech stocks that led markets lower but… during the credit crunch era, tech stocks held their own as traditionally ’safe’ sectors such as banking collapsed. Now tech stocks are taking the lead, [...]