Ocado Deal Sees the Morrisons Spread Betting Market Hit Record Highs

European spread betting markets have slipped back this morning following last night’s late US sell-off. Investors are struggling to tear themselves away from Beckham eulogies, with little of substance on the macro radar other than Michigan sentiment this afternoon to indicate any particular directional bias. Even allowing for this morning’s slight weakness, equities continue to [...]

Aviva Spread Betting Market Rallies amid Upbeat Q1 Earnings

Equity markets have largely held their levels this morning, propped up by positive sentiment over recent earnings announcements and growing confidence that central bank policy will remain accommodative in the medium-term. Aviva are leading the blue chip index, up almost 5% after reporting an 18% surge in new business during Q1 that fed stronger earnings [...]

Shares Spread Bets: Easyjet Outperforms as H1 Losses Decline

Flash GDP estimates from Germany and France underwhelmed the markets early this morning, missing analyst estimates as the fog refuses to clear from the Eurozone economy. With recovery optimists so dependent on the occasional glimpse of sunlight from Germany, their miss was particularly disappointing. Whilst European Shares spread betting markets have generally eased back as [...]

Severn Trent Spread Betting Market Rallies amid Kuwait Investment Office Approach

Whilst blue chip stocks generally struggled to hold onto early gains this morning, water services group Severn Trent were flying high after receiving an initial approach from a consortium including the Kuwait Investment Office. Whilst the potential bidders have made clear that a full approach in not certain, the market reacted with excitement to the [...]

USD/JPY Spread Betting Market Hits 4-Yr High as Yen Decline Continues

Owing to the UK bank holiday, European markets started last week trading fairly flat with thin volumes to match. Asian shares advanced on the back of better than expected U.S jobs data released on Friday. The Dow closed above 15,000 on Tuesday for the first time, a significant achievement that highlights the importance of the [...]

Financial Spread Betting Investors Short Indices Despite Record Highs

The FTSE largely shrugged off mixed Industrial Production data out of the UK at 09:30 as European equities took a collective pause after the frantic optimism of yesterday’s session. With the UK base rate unlikely to move from 0.5% when the announcement arrives at 12.00, the macroeconomic focus may shift to Jobless Claims data due [...]

Standard Chartered Spread Betting Market Slumps as Q1 Operating Profit Falls

With a light macro calendar today, and in spite of positive trade numbers from China overnight, European spread betting indices are pausing for breath this morning as they hold steady around all-time highs. In a trading update, Standard Chartered reported a decline in Q1 operating profit but a growth in revenue – as usual without [...]

Shares Spread Betting: Man Group Jumps 10% Despite Client Outflows

With UK PMI Services data arriving slightly above market expectations at 9:30 this morning and Eurozone PPI numbers matching analyst forecasts, attention turns to this afternoon’s Non-Farm Payrolls data. Spread betting investors will seek insight to the state of the US employment market following last month’s huge miss. Surveys call for a number around 148k [...]

Spread Betting Markets Soften amid Nervousness on ECB Rate Decision

European stocks edged higher after the May bank holiday break as PMI readings across the continent exceeded market expectations. Spread betting investors quickly reversed the gains as nervousness over the ECB rate decision due at 12.45 took hold. Traders seem optimistic about a quarter point cut, though many economists have called into question the effectiveness [...]

UK PMI Manufacturing Data Boosts Sterling and Shares Spread Betting Markets

With European equities closed for the May day bank holiday, UK traders sent stocks better bid as strong corporate earnings, optimism over a European rate cut and continued stimulus from the Fed and BoJ contribute to continuing investor optimism. PMI Manufacturing numbers from the UK at 09:30 added weight to the morning rally, arriving ahead [...]