Online Spread Betting: Decline in US Non-Farm Payrolls to Encourage QE3
Friday sees the traditional first Friday of every month release of US jobs data, including non-farm and private payrolls, alongside the US unemployment rate.
Current expectations are for the rate of US jobs growth to recede somewhat from a surprisingly strong December labour market.
December’s labour force was always expected to gain strength as businesses [...]
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 [...]
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 [...]
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 [...]