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 [...]

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 [...]

Index Spread Betting: Does the FTSE’s Break Below 6100 Signal a Correction?

The Dow Jones index has now reached the upside target of 13,550 as highlighted from previous reports. Does this mean we are facing a major reversal here? Much depends on how the index reacts at this key price juncture. If we take the underlying trend which has recently turned bullish then the index should technically [...]

FTSE 100 Spread Betting Index Looks to Gain on Bullish Momentum

Trading has started with a positive note for 2013, seeing strong moves in the UK and US spread betting indices. Although trends on the short to intermediate term remain positive, it seems that there may be an opportunity to see a pullback going into next week. This may offer buying opportunities for the bulls as [...]

FX Spread Betting: EUR/USD Declines Despite Stronger EU Employment Figures

It’s been a pretty slow, low volume day in Europe today as markets absorb yesterday’s sharp moves higher on the recent deal between US politicians to resolve some parts of the so called fiscal cliff. While FX spread betting markets appear somewhat dismissive of the agreement on the fiscal cliff, equity markets have still managed [...]

Index Trading: Positive Movements Could See the FTSE 100 Break 2012 Highs

The Santa Claus rally has seen the UK and US spread trading indices pull back during a week of thin volume. Traders were preparing for the festive holidays and some said that until the Fiscal Cliff is out of the way, it may be prudent to sit on the side before establishing large positions. However, [...]

Fiscal Cliff Stalemate Pressures Spread Betting Markets

Having opened on the back foot this morning Europe’s markets continued to struggle throughout the day. This came as concerns about the continuing impasse between Republicans and Democrats in the US over a resolution to the fiscal cliff kept spread betting investors cautious. There was also a general sense of uncertainty about the terms of [...]

Financial Spread Betting Markets Remain Strong Despite Failed Greece Talks

Following a week of heavy selling-off, European equities regained most of the large chunk of the losses incurred and the positive sentiment remained strong for the remainder of the week. Of course, the fiscal cliff issue is still looming large over all markets, however, with signs showing that an agreement can be made between U.S. [...]

Vodafone Shares Near 6 Month Lows after Profits Warning

The first expansion in Chinese HSBC manufacturing PMI in thirteen months gave European markets a bright start and kept them on the front foot all day. The session has been extremely quiet due to US markets being closed for the traditional Thanksgiving break. Mining stocks were the main gainers as hopes rose that the Chinese [...]