European Indices Spread Betting Markets Ignore Greek Talks to Push Higher
European markets have pushed higher today, shrugging off concerns about the lack of a deal on the Greece debt swap negotiations choosing instead to focus on the fact that there was a consensus of sorts with respect to the fiscal compact.
Many tribulations are likely to lie ahead but for now while negotiations continue in Athens, [...]
Gold Spread Betting: Gold Rallies on QE Tip from US Federal Reserve
Last Week in Review:
As January comes to an end, stock prices continued to gain with the Dow Jones pushing towards a three and a half year high.
European shares rose on Thursday, halting two days of losses as bond auctions took a back seat with the US Federal Reserve announcement that interest rates would remain [...]
FTSE 100 Spread Betting Market Falls as Investors Take Profits on Strong Mining Stock Performance
European Indices are trading mixed today, with the German DAX gaining small ground whilst the FTSE 100 and French CAC fell slightly with investors enticed into locking in early gains in mining stocks after a stellar performance in this sector yesterday.
We have seen a bit of a slow start to trading today, with many shares [...]
Improved Eurozone Consensus and US Reports Boost Shares Spread Betting Markets
The Spread Betting Markets - Last Week:
The depressing nature surrounding ‘Blue Monday’ was bucked last week as shares spread betting markets climbed off the back of improved Eurozone consensus and quarterly reports out from America.
Following the S&P’s decision to cut many Eurozone countries ratings the emphasis was on the multiple debt auctions which on [...]
Technology Firms Lead the Dow Jones Spread Betting Market After Positive Results
Equity markets have paused for breath today after four days of gains with investors exercising caution ahead of the weekend and any news about a conclusion to the Greek debt talks, ahead of next Monday’s European finance ministers meeting.
The main gainers on the FTSE 100 today have been the telecommunications sector after Vodafone won [...]
Successful French and Spanish Auctions Boost Euro Forex Spread Betting Markets
Equity markets have been dragged up by their bootstraps today on the back of firmer banks after this morning’s French and Spanish auctions saw higher demand and lower yields. This comes as the LTRO money continued to grease the wheels of the European Banking system.
Biggest risers are Barclays, Royal Bank of Scotland and Lloyds, [...]
Euro Spread Betting Market Boosted by Successful German and Portuguese Auctions
Markets have traded broadly sideways for most of the day racked by indecision as to the next move.
News that the IMF were looking to boost their reserves by about $500bn to around $1trn saw markets push higher in the morning session. However, the move proved somewhat short-lived given that there seemed to be some [...]
Shares Spread Betting Markets Slip on Weak Italian Bond Auction and Rumours of French Downgrade
After a positive start to the morning, shares spread betting markets found gains slowly evaporate after this morning’s Italian bond auction flattered to deceive.
Despite lower yields, demand was surprisingly underwhelming with a bid to cover of 1.2, which was surprisingly low given the better than expected auction results seen the day before.
The erosion [...]
Suspension of Italy’s UniCredit Shares Pull Financial Spread Betting Markets Down
European spread betting markets have edged lower with the financial sector dragging on the equity markets following the temporary suspension of Italy’s UniCredit shares earlier in the day.
France’s bond auction was deemed a success as it garnered fairly solid demand although the borrowing costs were slightly higher, rising to 3.29% against the 3.18% yield offered [...]
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 [...]