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 [...]
Better Than Expected US Payrolls Boost Index Spread Betting Markets
Today saw a very strong US payrolls number across all accounts including non farms, private and the US unemployment rate.
Actual figures
Consensus
[...]
Spread Betting: Markets Rally After Better Than Expected US Manufacturing Data
The markets have taken a pause for breath after the rally to kick start the new year yesterday driven by better than expected US manufacturing data and traders will be poised to take advantage of the next significant news flow.
An oversubscribed German debt sale or further positive economic data from the US this afternoon [...]
Spread Betting: Markets Already at Resistance Levels after Bullish Start
A positive start for the markets has seen stock indices rally into resistance levels which will require further bullish momentum to provide headway for further gains.
With a potential bullish pattern developing, the markets could see a sharp rally ahead. This would see a strong start to January which could suggest a potential turnaround after [...]
Spread Trading: Successful Italian Auction Could Alleviate Dangers of Euro Break-Up
Another day of low volume could provide some volatility today especially if the Italian debt auction and US jobless claims and home sales can give any surprises.
The euro stabilizing below 1.30 after its sell-off yesterday signals spread trading investors are still cautious ahead of the Italian debt sale this morning despite a successful shorter-term maturity [...]
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