Spread Trading: Successful Italian Auction Could Alleviate Dangers of Euro Break-Up
Another day of low volume could provide some volatility today especially if the Italian debt auction and US jobless claims and home sales can give any surprises.
The euro stabilizing below 1.30 after its sell-off yesterday signals spread trading investors are still cautious ahead of the Italian debt sale this morning despite a successful shorter-term maturity [...]
Spread Betting: Europe Sees Less Volatility After Banks Lend to IMF
The Spread Betting Markets - Last Week:
The trading week started with the announcement of the death of the revered dictator Kim Jong-il causing both a large media stir and a fall off in Asian markets.
The price of Crude Oil shot back up breaching the $100 a barrel mark by Friday with fears reigning over [...]
Positive Weekly Jobless Claims Boost US Spread Betting Markets
Equity markets have been in a much more buoyant mood across the board today, albeit against the backdrop of very light pre-holiday volumes.
UK markets saw riskier assets trade broadly higher with the financial and commodities sector topping the leader board.
Banks managed to pare back ground on yesterday as spread betting markets seemed to take a [...]
Stock Market Pullback Leaves Spread Betting Indices with the Potential to Rally
After a standard pullback in last week’s trading, we now have the potential to rally this week.
The stock indices are in a position to trade higher from current levels but will need some strong momentum to really see any meaningful thrust higher. Most likely we will probably have a narrow range week but with a [...]
Index Spread Betting: Positive German Data and Successful Spanish Bond Auction Lift Markets
European spread betting on index markets were largely mixed on Tuesday. The FTSE 100 lost a small amount, whilst both the DAX and CAC saw gains of 0.8% after a successful Spanish bond auction and a better than expected German IFO survey.
Data out of Germany this morning showed that the IFO business survey beat [...]
Forex Trading: Euro Falls to 11 Month Low After S&P Downgrades 10 Spanish Banks
The Spread Betting Markets - Last Week:
The further west one looks right now, the safer the markets appear. Ratings agency S&P downgraded 10 Spanish banks, and the EUR/USD fell to an 11-month low after continued cash hoarding at the European Central Bank.
Fears that credit lines are drying up held the common currency down at [...]
Firmer European Spread Betting Markets Boost US Stock Market Indices
UK markets today have seen defensives take a back seat in the UK as commodities and basic resources staged a bounce back with miners leading the way on the back of firmer metal prices.
Kazakhmys and Antofagasta were leaders of the pack up 3.78% and 3.36% respectively.
However, it must be noted that 3 month copper [...]
FTSE Spread Betting Market Rallies on Successful Spanish Bond Auction
A choppy start to the trading session and continued nerves towards potential credit ratings downgrades kept spread betting investors on edge, with early FTSE gains of around 1% quickly reversed within the first two hours of trading.
However a successful Spanish bond auction at 10am helped to reignite the day’s gains, rallying the FTSE 0.6% [...]
Shares Spread Betting: Resource Stocks Fall 5% on New FTSE Rules
European shares spread betting markets fell around 1% in trading on Wednesday, weighed down by losses in heavyweight mining, banking and oil firms, as investors continued to diversify their investments into safe haven asset classes ahead of the holiday season.
It’s been a largely risk off day again in Europe with investors refusing to take on [...]
Gold Spread Betting Market Dropping Towards $1635 as Equities Look to Head Higher
As the spread betting markets clearly provided indecision signals noted in the previous commentary, we have seen the expected pullback take place.
Currently the stock indices are edging lower and as long as there is not a wide range expansion to the downside then the opportunity for higher December prices can still be expected.
Support [...]