Waning Chinese GDP Data Weighs on Global Spread Betting Markets

Global spread betting markets started last week on a negative note after Chinese GDP figures showed the Chinese economy grew at a much slower rate than analysts initially anticipated. Chinese GDP for the quarter came in 0.3% below the initial 8% expected, resulting in a sharp decline in commodity prices. Gold took the brunt of [...]

Financial Spread Betting: German Downgrade Rumours Spark Heavy Selling

Equity markets took a sharp leg lower in Europe this morning, giving back early gains as rumours of a German downgrade sparked heavy selling. The market reacting so drastically to idle chatter of this nature is probably less indicative of any belief in the gossip than of the general nervousness amongst financial spread betting investors. [...]

Dismal German Confidence Data Fails to Support Spread Trading Markets

European markets have failed to bounce back from yesterday’s commodity fuelled sell-off, posting further losses as spread trading investors digested a decline in ZEW German confidence which had been tipped to disappoint. The measure came in at 36.3 against an expectation of 43. European spread betting indices can ill afford further cracks to the German [...]

Missed NFP Number Causes the Gold Spread Betting Market to Jump

After a weak start for European indices this morning, the picture has become significantly worse throughout the session as weak US data compounded negativity to see stocks pushing lower into the weekly close. In the UK, low cost airline EasyJet published their March trading update before the opening bell. Brokers have taken a mixed view [...]

USD/JPY Spread Betting Market Soars after BoJ Announces QE

Whilst UK miners have largely clung to gains in today’s session, the wider market has continued to pull back as spread betting investors reduce risk in the face of Eurozone concerns and weaker US macro data. ENRC and Vedanta have been the headline outperformers on the day, both adding 5%. ENRC saw their stock pushed [...]

M&A Rumours Cause the Vodafone Spread Betting Market to Rally

Shares spread betting markets opened higher this morning and have largely pushed on throughout the session as traders nudge risk assets higher following the Easter break. Mixed PMI numbers from the UK and Europe were largely ignored as positive sentiment drove the gap between equity valuations and macroeconomic data ever wider. Whilst questions surrounding the [...]

FX Spread Betting Investors Lift Sterling before Cypriot Banks Reopen

European equities have struggled for support today as concerns over the re-opening of Cypriot banks tomorrow and the possibility of similar bailouts in the broader Eurozone in future gave traders cause to reduce risk ahead of the Easter break. Poor GDP readings for France and the UK earlier this morning heaped more pressure onto equities, [...]

EUR/USD Spread Betting Market Breaks Below its 200-Day MA after Dijsselbloem Comments

Financial spread betting markets rallied on Friday on news that: a deal had been reached and smaller depositors would be spared a levy on their accounts. Markets then crumbled on Sunday night when Eurogroup president and Dutch finance minister Jeroen Dijsselbloem told the Financial Times that bailing in depositors would be a template for future [...]

Gold Spread Betting Market Benefits from Italian Elections Stalemate

In recent times we have seen a number of economic phrases popularised by the media. Looking back briefly, we have had the “fiscal cliff” and more recently “currency wars”. Last week’s hot word on everybody’s lips was “sequester”. US lawmakers failed to pass two bills last week confirming the inevitability of spending cuts, (sequester) which [...]

Chinese Data Boosts the Brent Crude Oil Spread Betting Market

After yesterday’s sell off the mood is predominantly more positive as we end a turbulent week. This comes as investors take heart from better-than-expected Chinese and German trade data. A sharp rise in Chinese exports and imports has seen mining stocks get a lift, though the gains have been tempered by concerns that the jump [...]