Posts from — April 2009

In case you haven’t noticed we have now added a new Financial Fixed-Odds section to Clean Financial.

We answer a good number of the key trading questions including:

• Q) Where can I Trade Financial Fixed-Odds?
• Q) What are the Main Fixed-Odds Trades / How do they work?
• Q) What Financial Fixed-Odds Markets can I Trade?
• Q) Where can I find Free Fixed-Odds Trading News?
• Q) Where can I find Free Fixed-Odds Trading Charts?
• Q) What is the Difference Between Fixed-Odds and Spread Betting?
• Q) Where can I find a Free Financial Fixed-Odds Trading Platform / Software?
• Q) Where can I find a Free Fixed-Odds Demo Account?

So if you are looking to trade the ranges you now know you need a Barrier Range Trade / No Touch Range bet.

If you think there will be high volatility in a market you will want to look at the Up or Down Trade.

If you want to back a break out then One Touch and No Touch bets are what you are looking for.

Plus there are details on where you can trade these Financial Fixed-Odds bets and more.

Just click on ‘Financial Fixed-Odds’ in the left-hand menu or go to Financial Fixed Odds.

Good Luck!

DB

The above comments do not constitute investment advice Clean Financial accepts no responsibility for any use that may be made of them.

The FTSE is currently indicating a stronger open, as traders are feeling very enthusiastic after HSBC rights offer was 97% sold out.The biggest ever offering raised 17.7 billion dollars to shore up its capital after the company lost more then 15 billion dollars last year. The fact that the rights offer was almost sold out, is a big sign that investors are putting their money back into the equities market.

Crude Oil continues to push higher on speculations that the global economic stimulus efforts and production cuts by OPEC may slow growth in world stockpiles of the fuel.

Reports that the OPEC quota cuts that were imposed in December are being complied with, helped push oil above the 53 dollar per barrel mark. Oil prices are likely to test the 55 dollar level by the end of the week.

Predicted opens as of 06:00 GMT

FTSE: 4096.1 (+67.6)
CAC 40 3012.70 (+58.40)
DAX 30 4460.9 (+83.4)
DOW: 8094 (+79)
S+P 500 850.98 (+6.75)
Gold: 877.45 (-14.35)
Oil: 53.25 (+0.79)

Fixed-odds trading with BetOnMarkets.

David Evens

The above comments do not constitute investment advice. Neither BetOnMarkets nor Clean Financial accepts responsibility for any use that may be made of them.

While the G20 conference rumbles on in the background, financial markets have been buoyed by positive data points from both sides of the Atlantic. This morning, UK home owners got a lift with the news that UK house prices rose by nearly 1%, well ahead of expectations. Nationwide cautioned that monthly data is hard to interpret, because it is so volatile, but it seems to have lifted confidence a little this morning. UK construction PMI also came in slightly ahead of expectations.

The ECB ruffled some feathers by cutting rates in the eurozone by just 0.25% to 1.25. Trichet commented that rates could still go lower in coming rates, but the ECB’s adoption of a ZIRP policy is noticeably slower than the UK and US. Although businesses would have appreciated lower rates, investors seem to have interpreted the ECB’s action as meaning that the European economy is in better shape than many thought. The news has fuelled a rally in the euro against the yen and dollar, but it is the pound that is today’s strongest performer overall.

Elsewhere, the long awaiting FASB announcement on Mark to market accounting rules was released today with positive implications for the banks. Some analysts believe the rules changes could increase banks’ net income by 20% or more. Add to this news the UK government has agreed to back some of RBS’ business loans and the banks are having a party today after yesterday’s G20 protests.

You don’t get a meaningful FTSE rally without the oil joining the financials higher and today is no different. Crude prices are above the $50 marker due to renewed economic optimism and weakness in the dollar. Oil majors are performing strongly today with support services such as Petrofac rising even higher.

Also see BetOnMarkets.

David Evens

The above comments do not constitute investment advice. Neither BetOnMarkets nor Clean Financial accepts responsibility for any use that may be made of them.

Gordon Brown has unexpectedly stepped down as Prime Minister. In an emotional farewell he praised himself for his running of the economy.

Onlookers noticed a hint of bitterness as the former MP for Dunfermline East suggested that much of the UK’s economic ills were the fault of the previous Chancellor.

Gordon Brown stated that “before I was crowned PM, the Chancellor was in power for ten years and two months…making him the longest-serving Chancellor in modern history”

He went on to blame the previous Chancellor for his failed ‘Five Economic Tests’ and the infamous ‘end to boom and bust’ speech.

Golden Balls

Mr Brown continued his unprecedented attack on the Chancellor, who served from 1997 to 2007, for selling more than half of the UK’s gold reserves at the bottom of the market.

Former PM, Tony Blair, heaped praise on his fellow Scot, “Gordon is special”. With a tear in his eye Mr Blair continued, “I wish Gordon had dropped VAT to 15% when I was in office, life would have been so much easier”.

Dour

Looking back over the years he has certainly been a respected Statesman:

“I don’t know whether this is going to come as a disappointment to him, but he can’t actually fire me”, Peter Mandelson on being asked if he was worried about being sacked when Gordon Brown became Prime Minister

“Peter said he had no desire to destroy Gordon, but he had no doubt whatsoever Gordon was determined to destroy him”, The Alistair Campbell Diaries

“He’s not the dour Scottish man that you described”, George Bush on meeting Gordon Brown

Circuit Training

We look forward to some inspiring talks as Gordon hits the after dinner speech circuit.