Spread Betting: Germany Set to Feel the Pressure After Italian and Spanish Downgrades
The optimism in the spread betting markets about the likelihood of a Greek debt deal at the weekend proved, as in numerous instances before it, somewhat misplaced.
On Saturday the representatives of Greece’s private creditors left Athens with no agreement being reached. It is reported that they are not willing to countenance any more than [...]
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 [...]
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 [...]
Spread Betting: Concerns are Raised as Four Hungarian Banks are Downgraded
The Spread Betting Markets - Last Week:
While many spread betting investors hoped last week would see higher volumes and volatility than the first week of 2012, trading finished with more of a whimper than a bang. This was down to continued European fears and a prosaic start to quarterly earnings season.
Ratings agency Fitch cut four [...]
Indices Spread Betting Markets Rally to Resistance Levels but Remain Cautious
Our upside expectations have been met successfully with markets now at decision levels once again.
We have seen the bullish momentum continue into last week’s trading session but this week may require a little caution.
After reaching above the resistance levels we did see the indices spread betting markets pullback to almost where they had started. This [...]
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 [...]
Positive Week Should See FTSE 100 Spread Betting Market Retain Bullish Trend
Markets looking to reach next upside target levels…
A mixed week previously has seen the indices hold steady at resistance levels. There could now be a Continuation Pattern in play suggesting that the spread betting markets could be heading towards its next upside objective soon.
As long as this week remains positive, the bullish trend remains [...]
Forex Spread Betting: EU Debt Crisis Expected to Lower German GDP
Comments by ratings agency Fitch that it didn’t expect to cut France’s credit rating this year saw forex spread betting markets push higher, however this was tempered by comments about the likelihood of an Italian downgrade by the end of the month.
The agency stated that “the future of the euro will be decided at [...]
Euro-Dollar Spread Betting Market Falls to 16 Month Low on Threat of French Downgrade
Unsurprisingly yesterday’s meeting between German Chancellor Merkel and French President Sarkozy failed to come up with anything tangible or new to deal with the crisis in Europe.
This remains especially important given the concerns over France’s triple “A” credit rating with the spread betting markets continuing to await the latest verdict from Standard and Poors [...]
Spread Betting: Hungary Downgraded After Failed Bond Auction
The Spread Betting Markets - Last Week:
The first trading week of the New Year displayed a quiet, flat trend across the main spread betting markets ahead of last weeks US non-farm figure.
Economic news had been dominated once again by the Eurozone with focus being on the multiple bond auctions, some being more successful than [...]