Financial Markets updated 18-Jun-13 |
Financial Markets - your daily update on the markets with views and opinions from the insiders, plus a look at...read more: Financial Markets
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Online Spread Trading updated 17-Jun-13 |
A look at the latest spread betting markets plus company reviews, compare prices and details on where to free charts and free live prices....read more: Online Spread Trading
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FTSE to Underperform as Constituents Go Ex-Dividend updated 24-Apr-13 |
Although today's start is expected to be firm, the FTSE is set to under perform its peers as some constituents go ex-dividend, knocking 9 points off the index. The corporate earnings in the US continued to...read more: FTSE to Underperform as Constituents Go Ex-Dividend
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Renewed Demand Sees the Gold Rebound Continue updated 23-Apr-13 |
Gold continued its rebound yesterday, with the online spread betting market gaining $17.7 to $1,426.2, on reports of renewed demand for coins, bars and jewellery. After suffering from such a violent...read more: Renewed Demand Sees the Gold Rebound Continue
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Index Trading: Nikkei Hits 5yr Highs as Monetary Policy Remains Unchallenged updated 22-Apr-13 |
Asian markets are also trading sharply higher, led by the Japanese Nikkei which is nearing a 5 year high. Japan's optimism seems to be founded on the fact that they didn't receive any explicit singling out at the...read more: Index Trading: Nikkei Hits 5yr Highs as Monetary Policy Remains Unchallenged
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Dow Jones Falls as US Corporate Earnings Disappoint updated 19-Apr-13 |
The US corporate earnings season continued to disappoint investors yesterday with the Dow Jones falling 110 points to 14,496 as a result. The pessimism was also supported by weaker than anticipated economic...read more: Dow Jones Falls as US Corporate Earnings Disappoint
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Poor Eurozone Ecostats Weaken the EUR/USD Spread Betting Pair updated 18-Apr-13 |
The economic data coming out of Europe yesterday was pretty dismal, with auto sales reaching a 20 year low. Consequently, the euro dropped versus the dollar, effectively giving back the previous day's gains by...read more: Poor Eurozone Ecostats Weaken the EUR/USD Spread Betting Pair
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Improved US Housing Data Boost the US Crude Oil Spread Betting Market updated 17-Apr-13 |
Better figures for the US housing sector bolstered crude oil demand yesterday, pushing the price of a barrel of US crude oil up by $1.48 to $88.83. That saved the day as crude prices had fallen to an intraday low of...read more: Improved US Housing Data Boost the US Crude Oil Spread Betting Market
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Slowing Chinese Economy Spurs Gold's Largest Drop in 33-Yrs updated 16-Apr-13 |
Those trying to catch a falling knife after Friday's plunge were in for a nightmare session yesterday as the gold spread betting market posted an even bigger drop. The precious metal lost an incredible $129.2 to...read more: Slowing Chinese Economy Spurs Gold's Largest Drop in 33-Yrs
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Bearish Momentum Sees the Gold Spread Betting Market Break Below $1500 updated 15-Apr-13 |
The bearish momentum in gold undoubtedly gathered pace on Friday as the market price crossed below the psychologically important $1,500 mark. In a violent nosedive, the precious metal plunged $72.7 to...read more: Bearish Momentum Sees the Gold Spread Betting Market Break Below $1500
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Upbeat US Retail Sales Push the Dow Jones Spread Betting Market to New Highs updated 12-Apr-13 |
The Dow Jones reached a new all-time high for the third session in a row as the US economic data continues to surprise to the upside. Yesterday, retail sales numbers and a larger-than-expected...read more: Upbeat US Retail Sales Push the Dow Jones Spread Betting Market to New Highs
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Talk of a Slovenian Bailout Pressures the Gold Spread Betting Market updated 11-Apr-13 |
The prospects of another bailout candidate, Slovenia, kept investors in a cautious mood. Whilst Slovenia is only a small economy, so was Cyprus and they required some seriously tough decisions...read more: Talk of a Slovenian Bailout Pressures the Gold Spread Betting Market
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Brent Crude Oil Futures Rise on Stronger Chinese Import Data updated 10-Apr-13 |
Brent crude oil futures for May delivery are edging higher this morning after closing at $106.20 yesterday. Upbeat Chinese import data helped suggest that the world's second largest consumer of oil is...read more: Brent Crude Oil Futures Rise on Stronger Chinese Import Data
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European Indices to Open Higher Despite Weak Alcoa Results updated 09-Apr-13 |
The FTSE is being called to open 37 points higher at 6314, the DAX is to add 41 points to 7704, and the CAC is to climb 23 points to 3690. These calls come despite bellwether stock, Alcoa, disappointing with weak...read more: European Indices to Open Higher Despite Weak Alcoa Results
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Weak US NFP Data Lifts the Gold Spread Betting Market updated 08-Apr-13 |
For once, the gold spread betting market attracted investors' demand for asset preservation following a weaker than expected US Non-Farm Payrolls report. The precious metal snapped a three day...read more: Weak US NFP Data Lifts the Gold Spread Betting Market
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Dow Jones Spread Betting Market Rises Despite Increasing US Jobless Claims updated 05-Apr-13 |
Despite a higher than estimated rise in the US jobless claims figures, the Dow managed to rebound 39 points yesterday to finish at 14,598.5. It was probably the reiteration of the ongoing ECB and BoE monetary...read more: Dow Jones Spread Betting Market Rises Despite Increasing US Jobless Claims
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Crude Oil Futures Plunge as Inventories Reach 22-Yr High updated 04-Apr-13 |
Crude oil futures sank $2.44 to $94.46 after an announcement that overall inventories moved to a 22-year record high of 388m barrels. The US Department of Energy indicated a bigger than expected build...read more: Crude Oil Futures Plunge as Inventories Reach 22-Yr High
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Signs of a US Recovery Push Wall Street to Record Highs updated 03-Apr-13 |
Wall Street (Dow Jones) pushed to a new all-time record high yesterday. The move was largely on the back of ongoing signs that the US economy is recovering, albeit at a slow pace. US factory orders were...read more: Signs of a US Recovery Push Wall Street to Record Highs
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Spread Betting Markets Soften amid Poor US Ecostats updated 02-Apr-13 |
As spread betting investors return from the long weekend and shake off the holiday, we have seen a little weakness on the open. The weakness has followed some poor economic data from the US last...read more: Spread Betting Markets Soften amid Poor US Ecostats
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FX Spread Betting: Bank Run Uncertainty Weakens the EUR/USD updated 28-Mar-13 |
As far as the FX markets are concerned, the uncertainty around the re-opening of Cypriot banks has sparked a negative sentiment for the euro and it has resumed its slump versus the dollar. On Wednesday EUR/USD...read more: FX Spread Betting: Bank Run Uncertainty Weakens the EUR/USD
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Gold Spread Trading Market Falls on Cyprus Bailout Deal and Stronger US Data updated 27-Mar-13 |
The gold spread trading market is seeing its worst run in three weeks due to a combination of upbeat data from the US and the Cypriot bailout deal. Many are now wondering when the safe haven sparkle...read more: Gold Spread Trading Market Falls on Cyprus Bailout Deal and Stronger US Data
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Contagion Fears Cause the Dow Jones Index to Pull Back updated 26-Mar-13 |
The US session took a turn for the worse just after the Dow hit a new all time high of 14,563, with the index losing 64 points overall to close at 14,447. The question of whether similar turmoil to the Cyprus debacle...read more: Contagion Fears Cause the Dow Jones Index to Pull Back
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Wall Street Spread Betting Index to Open Higher amid Growing Investor Optimism updated 25-Mar-13 |
At the time of writing, we are calling the Wall Street index to open 50 points higher this afternoon at 14,560. US investors got everything they needed last week; reassurance from the Fed over their...read more: Wall Street Spread Betting Index to Open Higher amid Growing Investor Optimism
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Safe Haven Demand Sees Gold Futures Rally updated 22-Mar-13 |
The banking crisis in Cyprus is far from being resolved. In the commodity markets, it came as no surprise to see gold futures edging higher yesterday. The precious metal rose $8.2 to $1614.3 on safe...read more: Safe Haven Demand Sees Gold Futures Rally
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Commodities Spread Betting: Gold Slumps as Profit Taking Ensues updated 21-Mar-13 |
In commodities spread betting, after rallying for four days, profit taking had put gold prices on the back foot even before the Fed's statement. Chairman Ben Bernanke's speech then triggered renewed...read more: Commodities Spread Betting: Gold Slumps as Profit Taking Ensues
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EUR/USD FX Trading Pair Finds Support as Equities Bounce updated 20-Mar-13 |
In FX trading news, the surprising bounce in equities is leading to a bit of support for the euro as EUR/USD trades at $1.2900 at the time of writing. Gold closed $7.3 higher at $1,612.1 yesterday, and is...read more: EUR/USD FX Trading Pair Finds Support as Equities Bounce
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Gold Spread Betting Market Finds Support amid Cyprus Nervousness updated 19-Mar-13 |
The gold spread betting market closed at $1,604.8 yesterday and is managing to keep its head above the $1,600 mark as investors remain nervous about the situation in Cyprus. Safe haven interest in...read more: Gold Spread Betting Market Finds Support amid Cyprus Nervousness
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Bank Levy Announcement Causes the EUR/USD Spread Betting Pair to Fall updated 18-Mar-13 |
Despite a 71 point rebound for the EUR/USD market on Friday, reaching $1.3074, a surprise weekend announcement from Cyprus saw the pair tumble below $1.2900 this morning. It appears that Cyprus has...read more: Bank Levy Announcement Causes the EUR/USD Spread Betting Pair to Fall
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Dow Jones Spread Betting Market Extends Gains as Jobless Claims Decline updated 15-Mar-13 |
Yesterday, the Dow impressed again with its tenth straight gain in a row. Amid a surprise drop in the US jobless claims figures, investors took advantage of the bullish momentum to push the Dow Jones...read more: Dow Jones Spread Betting Market Extends Gains as Jobless Claims Decline
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Forex Spread Trading: US Dollar Rises with Upbeat Economic Data updated 14-Mar-13 |
In forex spread trading, better-than-expected US economic data was undoubtedly the reason behind yesterday's boosted demand for the dollar. With the US economic outlook in arguably the best...read more: Forex Spread Trading: US Dollar Rises with Upbeat Economic Data
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Positive Sentiment Sees the Dow Jones Gain for the Eighth Straight Day updated 13-Mar-13 |
As long as the Fed's accommodative monetary policy remains in place, it seems that US investors are confident enough to push the Dow Jones higher, marking its eighth straight gain and touching a new...read more: Positive Sentiment Sees the Dow Jones Gain for the Eighth Straight Day
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Stock Market Strength Buoys Crude Oil Prices updated 12-Mar-13 |
Crude oil prices were buoyed by a slightly higher stock market and a lower dollar yesterday. Also in commodities trading, WTI crude added to its timid rebound after falling to below $90 level, rising $0.31 to...read more: Stock Market Strength Buoys Crude Oil Prices
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FX Trading: Euro Maintains Strength Despite Italian Credit Rating Downgrade updated 11-Mar-13 |
Despite Fitch's Italian credit rating downgrade, the single currency is impressively holding its own this morning, as it trades just back above the $1.3000 level. On the one hand, the world's biggest economy is...read more: FX Trading: Euro Maintains Strength Despite Italian Credit Rating Downgrade
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EUR/USD Spread Betting Pair Rallies on Draghi Comments updated 08-Mar-13 |
President Mario Draghi's comments that 'data suggest the region's economy will stabilise this year' was somehow enough to spur a rebound in the shared currency versus the dollar. The EUR/USD pair gained...read more: EUR/USD Spread Betting Pair Rallies on Draghi Comments
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FX Spread Betting: EUR/USD Continues to Fall as Eurozone Economy Slumps updated 07-Mar-13 |
In FX spread betting, the euro-US dollar pair resumed its plunge yesterday, breaking and closing below the $1.30 level for the first time this year and ending the session at $1.2991 after a 51 point drop. The...read more: FX Spread Betting: EUR/USD Continues to Fall as Eurozone Economy Slumps
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Buying Momentum Sees the Dow Jones Spread Betting Index Hit a Record High updated 06-Mar-13 |
Buying momentum in US stock markets is being underpinned by confidence that central bank stimulus will continue for the foreseeable future. That confidence helped the Dow Jones record its highest level...read more: Buying Momentum Sees the Dow Jones Spread Betting Index Hit a Record High
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Gold Futures Rebound on Expectations for Continued Global Stimuli updated 05-Mar-13 |
Gold futures rebounded overnight on optimism that central banks around the world will maintain their current loose monetary policies, thus further devaluing their currencies. The price of Nymex crude oil extended...read more: Gold Futures Rebound on Expectations for Continued Global Stimuli
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Rising Eurozone Unemployment Weighs on the Euro-Dollar Spread Betting Market updated 04-Mar-13 |
News that Eurozone unemployment rose to a record 11.9%, from 11.8% a month before, sent the euro-dollar spread betting market 34 points lower to $1.3021. The stalemate in Italian politics continued with...read more: Rising Eurozone Unemployment Weighs on the Euro-Dollar Spread Betting Market
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FX Trading: Draghi's Opposition to Limit Monetary Policy Weighs on EUR/USD updated 01-Mar-13 |
European Central Bank President Mario Draghi held his ground yesterday, reiterating his opposition to tightening the current monetary policy for the foreseeable future. That pushed investors out of the euro, which...read more: FX Trading: Draghi's Opposition to Limit Monetary Policy Weighs on EUR/USD
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Dow Jones Hits the 14,100 Mark as US Housing Data Impresses updated 28-Feb-13 |
All in all, the positive sentiment allowed the Dow Jones to smash back above the 14,000 level, adding another 175 points to close at 14,075, and even touching 14,100 at one point. Despite our earlier calls for...read more: Dow Jones Hits the 14,100 Mark as US Housing Data Impresses
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Strong US Ecostats Boost the Dow Jones Spread Betting Index updated 27-Feb-13 |
Recent US new home sales surpassed estimates, painting a much improved picture of the housing sector, whilst consumer confidence was also much higher than initially predicted. These positive figures sparked a...read more: Strong US Ecostats Boost the Dow Jones Spread Betting Index
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Spread Betting: Italian Equities Sell-Off amid Election Stalemate updated 26-Feb-13 |
There's a sea of red across trading screens this morning as the lack of a clear victor in the Italian elections is causing panic amongst spread betting investors. The result has been a mass sell-off in equities, particularly...read more: Spread Betting: Italian Equities Sell-Off amid Election Stalemate
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UK Credit Rating Downgrade Boosts the FTSE 100 Spread Betting Market updated 25-Feb-13 |
The UK finally saw its credit rating downgraded on Friday, with Moody's slapping George Osborne on the wrist. This immediately weakened the pound, with GBP/USD slipping lower and EUR/GBP spiking higher, but...read more: UK Credit Rating Downgrade Boosts the FTSE 100 Spread Betting Market
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Strengthening USD Sees US Crude Weaken updated 22-Feb-13 |
US crude fell by $1.87 to close at $92.91, with the move being accentuated by a strengthening dollar and a slump in shares. The release of the weekly US stockpiles report showed a larger-than-...read more: Strengthening USD Sees US Crude Weaken
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Fed Uncertainty Sees Financial Spread Betting Investors Sell the DJIA updated 21-Feb-13 |
The minutes also added an element of uncertainty as they discussed the potential for the Fed's quantitative easing to add to financial instability. Financial spread betting investors certainly do not want to hear...read more: Fed Uncertainty Sees Financial Spread Betting Investors Sell the DJIA
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Upbeat European News Lifts the Dow Jones Index to 5-Yr Highs updated 20-Feb-13 |
Back from holiday, US investors rushed into equities, encouraged by the good news on the European economic front. This saw the Dow Jones rejoin us in fine form by rising to the highest level in more than...read more: Upbeat European News Lifts the Dow Jones Index to 5-Yr Highs
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Will Positive German ZEW Data Lift the Euro-Dollar Spread Betting Pair? updated 19-Feb-13 |
The economic calendar starts getting busier today as we have the widely watched German ZEW survey this morning. This is expected to show an improvement in economic expectations and current conditions which...read more: Will Positive German ZEW Data Lift the Euro-Dollar Spread Betting Pair?
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Gold Outlook Turns Bearish after Breaking its $1,600 Support Level updated 18-Feb-13 |
The precious metal nosedived below the psychologically important $1,600 mark for the first time since August last year, before rebounding slightly to end $24.4 down at $1,608.5. Its short and medium-term outlooks...read more: Gold Outlook Turns Bearish after Breaking its $1,600 Support Level
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US Spread Betting Markets Push Higher as Jobless Claims Decline updated 15-Feb-13 |
US spread betting markets started deep in the red yesterday, but recovered from their lows after a report from the US Labor Department. The report indicated that the jobless claims figures declined by more than...read more: US Spread Betting Markets Push Higher as Jobless Claims Decline
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Shares Spread Betting Markets Rally Following Obama Speech updated 14-Feb-13 |
US President Barack Obama sparked a morning rally in stocks and shares with his State of the Union address, which focussed on infrastructure spending, healthcare and green energy investments. He also...read more: Shares Spread Betting Markets Rally Following Obama Speech
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Index Spread Bets: Dow Rises Above 14,000 on Upbeat Corporate Earnings updated 13-Feb-13 |
Another round of better-than-expected US corporate results finally saw the Dow Jones close above the 14,000 mark, its highest close since 2007. Investors' bullish mood has since been encouraged...read more: Index Spread Bets: Dow Rises Above 14,000 on Upbeat Corporate Earnings
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Bullish ECB Comments See US Crude Oil Prices Rebound updated 12-Feb-13 |
Bullish comments from an ECB official sent market participants out of the US dollar and back into riskier assets. This encouraged the price of US crude oil to post a rebound of $1.19 to $96.95, crossing...read more: Bullish ECB Comments See US Crude Oil Prices Rebound
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Narrowing US Trade Deficit Pushes the DJIA to Highest Level Since 2007 updated 11-Feb-13 |
The US trade deficit narrowed by more than expected in December and this was accompanied by yet another set of positive corporate earnings. As a result, the Dow Jones rose to its best level since...read more: Narrowing US Trade Deficit Pushes the DJIA to Highest Level Since 2007
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Carney Comments Lift the Sterling-Dollar Spread Betting Market updated 08-Feb-13 |
In spread betting news, yesterday's focus was very much on central banks and here in the UK we had a chance to meet our next BoE Governor, who is due to take office in July. The sterling-dollar market simply...read more: Carney Comments Lift the Sterling-Dollar Spread Betting Market
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FTSE Spread Betting Market Pushes Higher as Investors Favour UK Stocks updated 07-Feb-13 |
The FTSE spread betting market edged higher on the open towards the 6300 mark. The index seems to have temporarily fallen in love with the level as it remains stuck in a bit of a consolidation phase. Nevertheless,...read more: FTSE Spread Betting Market Pushes Higher as Investors Favour UK Stocks
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Better-than-Expected Corporate Results Spur a Dow Jones Rally updated 06-Feb-13 |
Yesterday's rebound was triggered by another round of better-than-expected corporate results which helped the Dow Jones spread betting index close 99 points higher at 13,979. For those US stocks, the...read more: Better-than-Expected Corporate Results Spur a Dow Jones Rally
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Forex Spread Bets: EUR/USD Rebounds after Spanish Corruption Allegations updated 05-Feb-13 |
Forex spread betting investors did not think twice and rushed straight into the dollar, dragging the euro 139 points lower to $1.3512, with the pair slipping even further overnight. Nevertheless, the buyers are...read more: Forex Spread Bets: EUR/USD Rebounds after Spanish Corruption Allegations
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Euro-Dollar Spread Betting Pair Strengthens on US Jobs Data updated 04-Feb-13 |
Risk appetite was boosted on Friday by a stronger US job sector and a reassurance from the Federal Reserve that it will continue to pump money into its economy. Benefiting from the news, the common...read more: Euro-Dollar Spread Betting Pair Strengthens on US Jobs Data
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Will a Negative NFP Figure Upset the Crude Oil Uptrend? updated 01-Feb-13 |
In commodities trading, from a technical analysis perspective, the crude oil chart indicates a steady uptrend since mid-December, but one might ask whether a negative surprise in the US employment figures...read more: Will a Negative NFP Figure Upset the Crude Oil Uptrend?
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Spread Trading: EUR/USD Rallies as Eurozone Confidence Grows updated 31-Jan-13 |
In spread trading, the resilient optimism in the face of ongoing problems in Spain pushed the euro above the $1.35 mark for first time since 2011. This saw the EUR/USD rate closing 73 points higher at...read more: Spread Trading: EUR/USD Rallies as Eurozone Confidence Grows
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Bargain Hunting Causes Gold Futures to Rebound updated 30-Jan-13 |
In gold futures trading, as we approached the support around the $1,640 level, bargain hunters came back into the precious metal and so we saw a rebound of $8.8 to $1,663.1. Also, reports that the...read more: Bargain Hunting Causes Gold Futures to Rebound
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Dow Jones Spread Betting Index Hits 5-Yr High amid Strong US Data updated 29-Jan-13 |
Onto the financial markets, and yesterday's US trading session saw another intraday record for the Dow Jones spread betting index as investors lifted it to a five year high at 13,915. Whilst durable goods...read more: Dow Jones Spread Betting Index Hits 5-Yr High amid Strong US Data
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Strong German Data Sees FX Spread Betting Investors Buy the EUR/USD updated 28-Jan-13 |
In FX spread betting, better-than-expected German investor confidence figures pushed the euro 87 points higher against the US dollar on Friday, with the pair rising to $1.3459. Although the tone at the...read more: Strong German Data Sees FX Spread Betting Investors Buy the EUR/USD
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Index Spread Bets: Apple Sell-Off Fails to Unsettle the Dow updated 25-Jan-13 |
Yesterday, US markets managed to shrug off the early bearish influence from a 12% nosedive in Apple, with the Dow Jones heading upwards to close 50 points up at 13,821. The rebound was supported...read more: Index Spread Bets: Apple Sell-Off Fails to Unsettle the Dow
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Dow Jones Rises after Upbeat Earnings from Google and IBM updated 24-Jan-13 |
In stocks and shares news, some good earnings from Google and IBM also helped to send the Dow higher, with the index rising by 70 points to 13,780. On the other hand, Apple missed its forecasts, sparking a...read more: Dow Jones Rises after Upbeat Earnings from Google and IBM
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Strength from the US and Asia Boosts the FTSE Spread Betting Market updated 23-Jan-13 |
The action from Central Banks continues to drive equity markets higher and this morning the strength of US and Asian markets is giving the FTSE spread betting market a boost, taking it some...read more: Strength from the US and Asia Boosts the FTSE Spread Betting Market
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Financial Spread Betting: Will Cameron Speech Push the FTSE Higher? updated 22-Jan-13 |
The speech will now take place tomorrow morning and so financial spread betting investors should be aware that there could be some temporary reaction. Earlier in the trading session, the markets are...read more: Financial Spread Betting: Will Cameron Speech Push the FTSE Higher?
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FTSE 100 Nears the 6200 Level as Bullish Momentum Continues updated 21-Jan-13 |
As mentioned, the stock markets are pushing onto new highs this morning and overnight we saw the FTSE 100 almost hit 6200. 6140-50 had previously been the peak of our ambitions and so we can...read more: FTSE 100 Nears the 6200 Level as Bullish Momentum Continues
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Poor Phili Fed Data Causes a Spike in the Price of Gold updated 18-Jan-13 |
Across the pond, the Dow Jones didn't even flinch after some really bad Phili Fed data, which did lead to a swift safe haven spike in the price of gold. Some commentators have been talking about a seismic...read more: Poor Phili Fed Data Causes a Spike in the Price of Gold
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Crude Oil Trading: WTI Crude Gains as US Oil Inventories Decline updated 17-Jan-13 |
A surprise drop in weekly US oil inventories pushed the price of WTI crude up by $0.73 yesterday to $94.14 a barrel. The effect of the inventories report was so strong that the move even came despite a...read more: Crude Oil Trading: WTI Crude Gains as US Oil Inventories Decline
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EUR/USD Spread Betting Pair Weakens after Strength Comments updated 16-Jan-13 |
We saw some ill-timed comments from Luxembourg Prime Minister Jean Claude Juncker yesterday, who said that the shared currency is 'dangerously high'. In EUR/USD spread betting, this resulted in a 72 point...read more: EUR/USD Spread Betting Pair Weakens after Strength Comments
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Index Spread Bets: FTSE Struggles Despite Positive Burberry Performance updated 15-Jan-13 |
Despite Burberry seeing a positive performance this morning, the broader FTSE 100 is just in the red as UK spread betting investors struggle to add to this year's gains. The index is hovering around...read more: Index Spread Bets: FTSE Struggles Despite Positive Burberry Performance
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Expectations on US Earnings Reports Lift the Dow Spread Betting Market updated 14-Jan-13 |
Investors pushed the Dow higher to 13,488 as they got more enthusiastic about US corporate earnings. This was the highest level since October last year as investors also liked seeing that Chinese...read more: Expectations on US Earnings Reports Lift the Dow Spread Betting Market
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Strengthening US Shares Push the Dow Jones to 2-Month Highs updated 11-Jan-13 |
The risk on rally for equities continues after another show of strength from American shares which saw the Dow press on to a fresh 2 month high. Chinese exports surprised investors yesterday by...read more: Strengthening US Shares Push the Dow Jones to 2-Month Highs
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The Dow Jones Strengthens on Upbeat Earnings from Alcoa updated 10-Jan-13 |
Across the pond in the US, the Dow enjoyed a lift from the Alcoa results, which got the fourth quarter corporate earnings season off to a good start. Buyers pushed the Dow 60 points higher to 13,390, with...read more: The Dow Jones Strengthens on Upbeat Earnings from Alcoa
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Commodities Trading: Will Japanese Interest Rates Spark a Sell-Off in Gold? updated 09-Jan-13 |
Commodity investors are keeping their eye on the real interest rate, that is the rate with inflation taken into account, as a clearer signal to sell. Higher rates mean an increased demand for the dollar and so gold...read more: Commodities Trading: Will Japanese Interest Rates Spark a Sell-Off in Gold?
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Fiscal Cliff Deals Helps the S&P 500 to Maintain Bullish Momentum updated 08-Jan-13 |
As we speak the S&P 500 is up 2.2%, the Dow 1.8% and the FTSE 100 2.5%. Ever since the temporary deal on the fiscal cliff, stock market indices have been in a very bullish mood and, for many of...read more: Fiscal Cliff Deals Helps the S&P 500 to Maintain Bullish Momentum
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Spread Betting: In-Line NFP Figures Support the Dow Jones Index updated 07-Jan-13 |
Last Friday was the first US Non-Farm Payroll day of the year, which was a bit of a non event in the end as the report showed an increase of 155,000 jobs, largely in line with expectations. As a result, the...read more: Spread Betting: In-Line NFP Figures Support the Dow Jones Index
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Gold Spread Trading Market Declines as Fed Talks on Easing Longevity updated 04-Jan-13 |
The gold spread trading market tumbled by $22 yesterday as Federal Reserve policy makers expressed their conviction that the easing stance might have to come to an end rather soon. A stronger...read more: Gold Spread Trading Market Declines as Fed Talks on Easing Longevity
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Risk-On Sentiment Sees Crude Oil Spread Betting Markets Rise updated 03-Jan-13 |
The risk-on sentiment also spilled into the energy complex yesterday, pushing crude oil prices $0.43 higher to $92.84 a barrel. From a technical analysis perspective, we had a bullish signal as the 9 day moving...read more: Risk-On Sentiment Sees Crude Oil Spread Betting Markets Rise
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FTSE 100 Spread Betting Index Rallies on Fiscal Cliff Deal updated 02-Jan-13 |
It seems that the US politicians were able to narrowly avoid the fiscal cliff and so the FTSE is rallying hard this morning. The index has gained some 80 points to 5980 and almost every FTSE 100 constituent is...read more: FTSE 100 Spread Betting Index Rallies on Fiscal Cliff Deal
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Growing Expectations for Fiscal Cliff Resolution See Gold Prices Plunge updated 19-Dec-12 |
Gold prices plunged sharply yesterday, losing $27 to $1,670.4, on the back of growing expectations that US lawmakers are nearing a budget deal. Analysis of the gold market suggests that the...read more: Growing Expectations for Fiscal Cliff Resolution See Gold Prices Plunge
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Dow Spread Betting: Obama Compromises Spur a Triple-Digit Gain updated 18-Dec-12 |
For the spread trading markets, however, the important thing is that the fiscal cliff issue looks set to be resolved and this is helping to keep the equity markets well supported. Yesterday, the Dow welcomed the...read more: Dow Spread Betting: Obama Compromises Spur a Triple-Digit Gain
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Currency Spread Trading: Fiscal Cliff Concerns Prompt US Dollar Weakness updated 17-Dec-12 |
On the currency spread trading front, sterling and the euro remain wedged in their annual ranges, although recently they have both been tending towards the higher end versus the dollar. The dollar is suffering slightly...read more: Currency Spread Trading: Fiscal Cliff Concerns Prompt US Dollar Weakness
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Approved Greek Aid Installment Pushes the Euro-Dollar above $1.31 updated 14-Dec-12 |
The price of crude oil mirrored the falls in stock market indices, dropping $0.62 to $86.10, despite better-than-expected economic numbers from the US. It seems that the fiscal cliff saga is the main focus for energy...read more: Approved Greek Aid Installment Pushes the Euro-Dollar above $1.31
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Dow Spread Betting Index Rallies on Fed Asset Purchase Plan updated 13-Dec-12 |
Last night the Dow spread betting index rallied following the confirmation from the FOMC that the Fed will start buying $45bn of treasuries per month in order to support economic growth. So once again, we see that...read more: Dow Spread Betting Index Rallies on Fed Asset Purchase Plan
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Dow Jones Spread Betting Index Extends Rally on Fiscal Cliff Optimism updated 12-Dec-12 |
Discussions over the US fiscal cliff continue without a resolution. However, investors appear rather optimistic about the progress of the talks between US President Barack Obama and Republican John...read more: Dow Jones Spread Betting Index Extends Rally on Fiscal Cliff Optimism
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Shares Trading: HSBC Stock Remains Resilient Despite Huge Fines updated 11-Dec-12 |
Another day and another massive banking fine, with HSBC set to pay the largest penalty ever paid by a bank, a whopping $1.9 billion. This has hardly affected the HSBC share price as it had already told...read more: Shares Trading: HSBC Stock Remains Resilient Despite Huge Fines
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Demise of the Technocrat Government Sees the Italy 40 Index Falls over 3% updated 10-Dec-12 |
The weekend has seen the death of the technocrat government in Italy. Having said that, in reality this will probably not mean a great deal as the architect of the demise, the great survivor, Silvio Berlusconi, is...read more: Demise of the Technocrat Government Sees the Italy 40 Index Falls over 3%
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Failed US Budget Negotiations See Crude Oil Futures Decline updated 07-Dec-12 |
Crude oil futures markets fell to their lowest level in three weeks yesterday, dropping sharply by $1.6 to close at $86.26. The fall came as budget negotiations in the US failed to make any progress and the...read more: Failed US Budget Negotiations See Crude Oil Futures Decline
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USD Strength Pushes the Gold Spread Betting Market Lower updated 06-Dec-12 |
The gold spread betting market inched lower yesterday after the previous session's dramatic fall, closing $3 in the red at $1,693.5. The metal deepened its recent losses as strength in the US dollar hurt...read more: USD Strength Pushes the Gold Spread Betting Market Lower
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EUR/USD Reaches 7-Week High as Greece Receives Deficit Target Extension updated 05-Dec-12 |
The euro continues to push higher against the dollar, reaching a seven-week high, as Greece earned a two year extension on its deficit target from the EU. Ultimately, the EUR/USD financial spread betting pair...read more: EUR/USD Reaches 7-Week High as Greece Receives Deficit Target Extension
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Commodities Trading: Fiscal Cliff Concerns Push Gold Below $1,700 updated 04-Dec-12 |
After breaking below key support levels and closing at $1,715.83 yesterday, gold fell by around 1% this morning to its lowest level in nearly a month. The market dipped below the $1,700 mark as a...read more: Commodities Trading: Fiscal Cliff Concerns Push Gold Below $1,700
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Spread Betting Investors Remain Nervous as Gold Extends Declines updated 03-Dec-12 |
Precious metal investors are still nervous as the gold spread betting market declined for its second consecutive month in November. It also seems likely that the metal will remain in a trading range...read more: Spread Betting Investors Remain Nervous as Gold Extends Declines
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Strong Performance in Europe Fails to Inspire US Shares updated 30-Nov-12 |
Another good show of strength from European shares was not complemented by their US counterparts as the bulls paused for breath. Matters were not helped by comments from Republican John...read more: Strong Performance in Europe Fails to Inspire US Shares
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Financial Spread Trading: Well Supported Dow Jones Rallies Over 100 Points updated 29-Nov-12 |
Recent signals from the negotiations in the US have also been pretty positive and this has helped keep the financial spread trading markets well supported. Last night, the Dow ended on a high note after...read more: Financial Spread Trading: Well Supported Dow Jones Rallies Over 100 Points
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American Shares Slip Despite 4-Yr High US Consumer Confidence Data updated 28-Nov-12 |
Now that the Greek issue is out of the way, it's of little surprise to see that the focus is back on the US fiscal cliff. As a result, American shares slipped lower last night, despite US consumer confidence hitting...read more: American Shares Slip Despite 4-Yr High US Consumer Confidence Data
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Greek Debt Deal Pushes the FTSE 100 Spread Betting Index Above 5800 updated 27-Nov-12 |
In index spread betting, following last night's announcement of the Greek debt deal, and a bounce by US markets from their lows, the FTSE 100 is recouping yesterday's losses by moving back above the...read more: Greek Debt Deal Pushes the FTSE 100 Spread Betting Index Above 5800
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Dow Spread Betting Index Rallies 170 Points on Improving Chinese Data updated 26-Nov-12 |
The Dow Jones, which had a half day, managed to get itself back above the 13,000 level, closing 170 points higher. The catalyst came before the US open, where some positive economic numbers from...read more: Dow Spread Betting Index Rallies 170 Points on Improving Chinese Data
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FX Spread Betting: Upbeat Eurozone PMI Data Supports the EUR/USD updated 23-Nov-12 |
In FX spread betting, the EUR/USD pair edged higher as it was helped by PMI data from the Eurozone and maintained confidence that a Greek deal will be struck. The single currency has enjoyed...read more: FX Spread Betting: Upbeat Eurozone PMI Data Supports the EUR/USD
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Strong Chinese Manufacturing Data Supports the Hang Seng Index updated 22-Nov-12 |
Asian indices, such as the Hang Seng index, showed some signs of life overnight following some strong manufacturing data from China, with the HSBC PMI survey moving back above the 50...read more: Strong Chinese Manufacturing Data Supports the Hang Seng Index
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Greek Aid Stalemate Triggers Selling of EUR/USD Futures updated 21-Nov-12 |
Overnight it was announced that the European officials failed to reach an agreement with regards to a new round of help for Greece. That immediately triggered a sell-off in the shared currency, the...read more: Greek Aid Stalemate Triggers Selling of EUR/USD Futures
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EUR/USD Spread Bets: Regains $1.28 Despite French Credit Rating Downgrade updated 20-Nov-12 |
France's borrowing costs have barely budged an inch and the indices have already bounced from their lows, whilst the EUR/USD pair is back above the $1.2800 level. As a result, it seems that...read more: EUR/USD Spread Bets: Regains $1.28 Despite French Credit Rating Downgrade
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Fiscal Cliff Progress Sees US Spread Betting Indices Maintain Gains updated 19-Nov-12 |
US indices managed to hold onto slim gains on Friday after news that progress was being made on the dreaded fiscal cliff. The Speaker of the House of Representatives made comments suggesting...read more: Fiscal Cliff Progress Sees US Spread Betting Indices Maintain Gains
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Gold Spread Betting Prices Tumble on Drop in Global Demand updated 16-Nov-12 |
The price of gold slipped by around $10 yesterday on news that global gold demand had dropped by 11% in the three months to September, tumbling from record levels seen in the same...read more: Gold Spread Betting Prices Tumble on Drop in Global Demand
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US Indices Spread Betting: Dow Jones Slumps on Fiscal Cliff Debates updated 15-Nov-12 |
US indices suffered from another big sell-off last night, with the Dow Jones nose diving as a result of the pushing and pulling in Washington over the fiscal cliff. Last year, we saw the Democratic President and...read more: US Indices Spread Betting: Dow Jones Slumps on Fiscal Cliff Debates
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BoE Inflation Report to Set Trading Tone for GBP/USD Spread Betting Market updated 14-Nov-12 |
On today's agenda we have UK unemployment figures and the BoE's inflation report. Although these are unlikely to move the FTSE, they may have an effect on the GBP/USD pair. This afternoon...read more: BoE Inflation Report to Set Trading Tone for GBP/USD Spread Betting Market
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US Crude Oil Futures Tumble as Politicians Clash Over Fiscal Cliff updated 13-Nov-12 |
The price of US crude oil resumed its decline yesterday amid heated debates in the US about averting the fiscal cliff. Furthermore, oil supplies in US remain...read more: US Crude Oil Futures Tumble as Politicians Clash Over Fiscal Cliff
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Stock Market Technical Analysis: Dow Forms DOJI Candlestick Pattern updated 12-Nov-12 |
Friday's move for the Dow is of particular interest as it formed a doji candlestick on the daily Dow chart. This is often seen as a neutral pattern by technical analysts but could also be a precursor to...read more: Stock Market Technical Analysis: Dow Forms DOJI Candlestick Pattern
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Financial Spread Betting Markets Struggle as US Fiscal Cliff Looms updated 09-Nov-12 |
The financial spread betting markets remain understandably nervous, with the US fiscal cliff looming on the far side on the Atlantic and, despite what the ECB President says, the Eurozone crisis on...read more: Financial Spread Betting Markets Struggle as US Fiscal Cliff Looms
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Gold Spread Betting Market Resists Fall Despite Slump in Equities updated 08-Nov-12 |
Considering the violent sell-off across the board yesterday, the gold spread betting market held its ground rather nicely. On the one hand, the plunge in shares and a higher dollar put downside pressure...read more: Gold Spread Betting Market Resists Fall Despite Slump in Equities
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Nymex Crude Oil Surges as Hurricane Sandy Weighs on Gasoline Supplies updated 07-Nov-12 |
Nymex crude oil posted a sharp advance yesterday on the back of expectations that gasoline supplies were hit hard by Hurricane Sandy. The market crossed above the 9 day moving averages and...read more: Nymex Crude Oil Surges as Hurricane Sandy Weighs on Gasoline Supplies
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Spread Betting Markets Remain Aprehensive Ahead of US Presidential Election updated 06-Nov-12 |
Spread betting investors remain apprehensive ahead of today's polls in North America, where some predictions say Romney but others say Obama. The Dow managed to gain some 6 points to...read more: Spread Betting Markets Remain Aprehensive Ahead of US Presidential Election
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Forex Spread Bets: EUR/USD Falls on Contracting Manufacturing Numbers updated 05-Nov-12 |
The euro started to tumble against the dollar after a European economic report indicated a contraction in the region's manufacturing for last month. Consequently, the EUR/USD pair fell 105 points to...read more: Forex Spread Bets: EUR/USD Falls on Contracting Manufacturing Numbers
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Stock Market Futures Surge on Impressive US ADP Employment Data updated 02-Nov-12 |
Stock markets enjoyed a strong bounce yesterday following the strong ADP employment data and some decent, though weaker-than-expected, US consumer confidence numbers. However, despite the...read more: Stock Market Futures Surge on Impressive US ADP Employment Data
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EUR/USD Spread Betting Market Falls as Eurozone Unemployment Hits Record High updated 01-Nov-12 |
Eurozone unemployment rose to a record 11.6% in September as tough austerity measures took their toll, with youth unemployment sitting at 23.3%. This led the EUR/USD forex spread betting market lower to...read more: EUR/USD Spread Betting Market Falls as Eurozone Unemployment Hits Record High
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Gold Spread Betting Market Edges Higher as Dollar Weakness Gives Support updated 31-Oct-12 |
The gold spread betting market is edging higher this morning after closing at $1,708.4 yesterday when it looked likely that it would break a two-month winning streak. A weaker dollar is expected to support...read more: Gold Spread Betting Market Edges Higher as Dollar Weakness Gives Support
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UK Shares Spread Betting: FTSE Rises on Strong UK Corporate Earnings updated 30-Oct-12 |
Finally, some good UK corporate earnings have also contributed to the FTSE's bullish move. BP has far exceeded expectations and other UK firms such as Imperial Tobacco and...read more: UK Shares Spread Betting: FTSE Rises on Strong UK Corporate Earnings
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US Stock Exchanges Close as Hurricane Sandy Hits US Coast updated 29-Oct-12 |
As Hurricane Sandy moves up the east coast of America, we are likely to see very low volumes today, and possibly tomorrow, as US stock exchanges batten down the hatches. Instead, most...read more: US Stock Exchanges Close as Hurricane Sandy Hits US Coast
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Nymex Crude Oil Prices Gain Amid Speculation of Bank of Japan Easing updated 26-Oct-12 |
Nymex crude oil prices rebounded, interrupting a string of four declines in a row, as we saw some better-than-expected jobless claims data. There was also some speculation that the Bank of Japan might ease...read more: Nymex Crude Oil Prices Gain Amid Speculation of Bank of Japan Easing
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Sterling-Dollar Spread Betting Market Surges as Cameron Hints at Strong UK GDP updated 25-Oct-12 |
Yesterday, our Dave gave the game away on this morning's UK GDP, so it would be disappointing to see a figure of less than the expected 0.6%. The sterling-dollar spread betting market saw some strength as...read more: Sterling-Dollar Spread Betting Market Surges as Cameron Hints at Strong UK GDP
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Dow Jones Spread Betting Market Slumps as Q3 Results Continue to Weigh updated 24-Oct-12 |
The US session saw the Dow Jones continue its nosedive. This time, the Dow lost 252 points, closing at 13,112, as the US third quarter results disappointed spread betting investors once again, painting a...read more: Dow Jones Spread Betting Market Slumps as Q3 Results Continue to Weigh
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Spread Trading Markets Rise as Polls Point Towards Obama Re-Election updated 23-Oct-12 |
If the polls from last night's final debate are anything to go by, Obama should be able to secure his second term as President of the United States. The spread trading markets are likely to welcome this...read more: Spread Trading Markets Rise as Polls Point Towards Obama Re-Election
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US Stocks Spread Betting: Dow Tumbles on Dismal Corporate Earnings updated 22-Oct-12 |
On Friday, the Dow Jones took a real tumble, falling over 200 points on the back of dismal corporate earnings in the US. Well-known brands like General Electric, Microsoft and McDonalds scared investors into...read more: US Stocks Spread Betting: Dow Tumbles on Dismal Corporate Earnings
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Crude Oil Spread Trading Prices Weaken on Poor US Jobless Claims updated 19-Oct-12 |
In energy market trading, a larger-than-expected rise in US jobless claims weighed on crude oil prices yesterday. But the spread trading markets rebounded after reports that a key pipeline going to...read more: Crude Oil Spread Trading Prices Weaken on Poor US Jobless Claims
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Commodity Spread Trading Markets Gain Support as Euro Strengthens updated 18-Oct-12 |
Good sentiment in the Eurozone is supporting the euro and weighing on the dollar, making commodity spread trading markets like gold more attractive to holders of other currencies. Yesterday saw...read more: Commodity Spread Trading Markets Gain Support as Euro Strengthens
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Forex Spread Trading: Euro-Dollar Surges on Speculation Over Spanish Bailout Request updated 17-Oct-12 |
In forex spread trading, the euro climbed 105 points against the US dollar, moving above the $1.3000 mark, following renewed speculation that Spain is getting closer to asking for a...read more: Forex Spread Trading: Euro-Dollar Surges on Speculation Over Spanish Bailout Request
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FTSE 100 Financial Spread Betting Market Rises Ahead of UK Inflation Data updated 16-Oct-12 |
Today sees some excitement for financial spread betting markets as we get inflation figures from the UK and the German ZEW survey. The FTSE 100 has risen by...read more: FTSE 100 Financial Spread Betting Market Rises Ahead of UK Inflation Data
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Dow Spread Betting Market Falters on Uncertainty Over US Corporate Earnings updated 15-Oct-12 |
On Friday, spread betting investors were kept on the back foot as we saw increased uncertainty regarding corporate America's earnings. The Dow lost 38 points despite a jump in consumer confidence and a...read more: Dow Spread Betting Market Falters on Uncertainty Over US Corporate Earnings
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Rising Tensions Between Turkey and Syria Boost US Crude Oil Spread Betting Market updated 12-Oct-12 |
US crude was firmly on the offensive yesterday, as tensions continue to build between Syria and Turkey. Any conflict would be certain to disrupt supplies, particularly because Turkey is home to...read more: Rising Tensions Between Turkey and Syria Boost US Crude Oil Spread Betting Market
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Currency Spread Trading: EUR/USD Slips as S&P Downgrade Spanish Debt updated 11-Oct-12 |
In yesterday's currency spread trading, the euro tumbled sharply as Standard & Poor cut Spain's credit rating from BBB+ to BBB-. This is just 2 notches above junk status and...read more: Currency Spread Trading: EUR/USD Slips as S&P Downgrade Spanish Debt
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Commodity Spread Betting: Bleak IMF Outlook Weighs on Gold Futures updated 10-Oct-12 |
Gold futures declined for the third day in a row yesterday, dropping $12.55. Commodity investors were put on the back foot by a bleak prediction from the International Monetary Fund regarding the...read more: Commodity Spread Betting: Bleak IMF Outlook Weighs on Gold Futures
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FTSE Futures Rise on Hopes of Stimulus After IMF Downgrades Chinese Growth updated 09-Oct-12 |
FTSE futures rose as investors took the IMF downgrades to Chinese growth forecasts as a sign that more stimulus was imminent. Asian stocks, such as the Hang Seng and China Enterprises index, were also...read more: FTSE Futures Rise on Hopes of Stimulus After IMF Downgrades Chinese Growth
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FTSE Spread Betting Market Tumbles Despite Drop in US Unemployment Rate updated 08-Oct-12 |
Friday's Non-Farms data saw the rate of US unemployment fall to its lowest level since President Obama came into office in 2009. Nevertheless, the speed with which the FTSE has fallen from the...read more: FTSE Spread Betting Market Tumbles Despite Drop in US Unemployment Rate
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Forex Spread Bets: Euro Surges as ECB President Pledges to Buy Government Bonds updated 05-Oct-12 |
ECB President Mario Draghi pledged to buy government bonds if member countries get in trouble. This encouraged a shift in forex market sentiment towards a risk-on day and the euro gained 111 points to...read more: Forex Spread Bets: Euro Surges as ECB President Pledges to Buy Government Bonds
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WTI Crude Oil Spread Betting Market Slumps on Signs of Chinese Weakness updated 04-Oct-12 |
Defying an escalation of conflicts in the Middle East, the price of WTI crude oil posted a sharp sell off yesterday. The move was triggered by signs that China's expansion is losing steam faster than...read more: WTI Crude Oil Spread Betting Market Slumps on Signs of Chinese Weakness
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FTSE Futures Fall as Australia Cut Benchmark Interest Rate updated 03-Oct-12 |
Australia cut its benchmark interest rate by 25 basis points, as they feared deterioration in the global outlook and further slowdown in the Chinese economy. As a result, the FTSE futures fell...read more: FTSE Futures Fall as Australia Cut Benchmark Interest Rate
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Commodity Spread Trading: Gold Finds Support from Sluggish US Economy updated 02-Oct-12 |
Commodity spread traders seem to think that the ongoing European sovereign debt crisis and a sluggish US economy are good enough reasons to support gold. Bargain hunters pushed prices higher as...read more: Commodity Spread Trading: Gold Finds Support from Sluggish US Economy
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FTSE Spread Betting Market Rises Despite Weak September for UK Shares updated 01-Oct-12 |
The FTSE spread betting market has risen despite some negative overnight news and a poor end to the last quarter. The last few days of September were woeful, as shares recorded their biggest declines since...read more: FTSE Spread Betting Market Rises Despite Weak September for UK Shares
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Dow Jones Spread Betting Market Rallies on Fifth Spanish Austerity Package updated 28-Sep-12 |
The Dow Jones spread betting market rallied following the announcement of the fifth austerity package by Prime Minister Mariano Rajoy, seen as a condition for a bailout. Additionally, the equities markets were...read more: Dow Jones Spread Betting Market Rallies on Fifth Spanish Austerity Package
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Crude Oil Analysis: US Crude Falls as Trend Becomes Bearish updated 27-Sep-12 |
US crude oil lost $0.84 yesterday and crude oil analysis shows that the trend has become undoubtedly bearish, with the current market prices below all three...read more: Crude Oil Analysis: US Crude Falls as Trend Becomes Bearish
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Gold Futures Slip on Uneasiness After QE3 is Priced In updated 26-Sep-12 |
After a short lived rally in the early part of the session, gold futures reversed course and headed lower, losing $3.15 for the day. The losses may suggest some uneasiness now that QE3 has been...read more: Gold Futures Slip on Uneasiness After QE3 is Priced In
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Euro/Dollar Spread Betting Market Falls on Poor German Business Climate Data updated 25-Sep-12 |
Germany, Europe's biggest economy, showed some weakness yesterday as the IFO Business Climate figure dropped for a fifth straight month. Consequently, the euro pulled back 45 points to...read more: Euro/Dollar Spread Betting Market Falls on Poor German Business Climate Data
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Forex Spread Trading: EUR/USD Rises on Spanish Bailout Speculation updated 24-Sep-12 |
In forex spread trading, the EUR/USD pair initially climbed on the back of speculation that European officials were planning to come up with a Spanish bailout agreement as early as...read more: Forex Spread Trading: EUR/USD Rises on Spanish Bailout Speculation
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S&P 500 Spread Betting Market Aims for Peaks After Breaching Post-Crisis Highs updated 21-Sep-12 |
Unlike the FTSE, US stocks have managed to get above the post-crisis highs, and the S&P 500 can now see the 2007 peaks as a less distant goal. From an S&P 500 analysis point of view, there isn't...read more: S&P 500 Spread Betting Market Aims for Peaks After Breaching Post-Crisis Highs
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Commodities Spreads Betting: Gold Continues to Gain from Central Bank Easing updated 20-Sep-12 |
Gold is a major winner with all the central bank easing. The relative scarcity of the actual metal and the distressing inability of politicians/banks to create more out of thin air have helped boost...read more: Commodities Spreads Betting: Gold Continues to Gain from Central Bank Easing
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EUR / JPY Spread Betting Market Jumps as Bank of Japan Increase Easing updated 19-Sep-12 |
The increased quantitative easing measures from the Bank of Japan have caused some excitement for the yen. The EUR / JPY spread betting market has jumped over 100 points from the mid-¥102 area to...read more: EUR / JPY Spread Betting Market Jumps as Bank of Japan Increase Easing
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FTSE Spread Betting Market Suffers on Rajoy's Refusal to Request Bailout updated 18-Sep-12 |
The old worries just don't seem to want to go away. Spanish bond yields are creeping higher once again, moving back above 6%. This morning, the FTSE is suffering another bout of profit taking, adding to...read more: FTSE Spread Betting Market Suffers on Rajoy's Refusal to Request Bailout
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Crude Oil Spread Betting Analysis Turns Bullish After QE3 Announcement updated 17-Sep-12 |
The demand for hard assets triggered by QE3 sent participants into US crude oil, briefly pushing it above the $100 mark. In crude oil spread betting analysis, the short-term trend turned bullish again...read more: Crude Oil Spread Betting Analysis Turns Bullish After QE3 Announcement
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Spread Betting: US Stock Markets Surge as Ben Bernanke Announces QE3 updated 14-Sep-12 |
As the US opened, Fed Chairman Ben Bernanke took to the stand to bring some relief to the stock market bulls. This came in the form of QE3, with the Fed promising to buy $40 billion worth of assets a month until...read more: Spread Betting: US Stock Markets Surge as Ben Bernanke Announces QE3
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Gold Futures Market Sees Gains on Expectation of Federal Reserve Action updated 13-Sep-12 |
Considering the expectations for QE3, as well as comments made by Bernanke at the Jackson Hole summit, any disappointment could be followed by a quick sell off in the gold futures market. Even though the...read more: Gold Futures Market Sees Gains on Expectation of Federal Reserve Action
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Euro Leaps as Currency Spread Betting Investors Gain Confidence in Eurozone Solution updated 12-Sep-12 |
Ahead of Germany's Constitutional Court ruling on the ESM, the euro jumped 95 points, closing at $1.2851. This came as currency spread betting investors appeared to be more confident about a solution to...read more: Euro Leaps as Currency Spread Betting Investors Gain Confidence in Eurozone Solution
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UK Shares Spread Betting: Burberry Tumbles 17% on Profit Warning updated 11-Sep-12 |
We have seen some worrying UK corporate news this morning, as Burberry issues a profit warning that has seen its stock tumble 17% on the open. Burberry has a large exposure China so does this...read more: UK Shares Spread Betting: Burberry Tumbles 17% on Profit Warning
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Strong Non-Farms Data Sees Gold Spread Betting Market Reverse Losses updated 10-Sep-12 |
Having seen a steep retracement during the early hours on Friday, the Non-Farms data saw the gold spread betting market reverse course and end the day some $34 higher. Investors moved into...read more: Strong Non-Farms Data Sees Gold Spread Betting Market Reverse Losses
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Financial Spread Betting Markets Rally as Draghi Pledges to Save the Euro updated 07-Sep-12 |
Super Mario can almost lay claim to his name after announcing his plans to 'do whatever it takes' to save the euro. Financial spread betting investors largely expected the bond buying measures but...read more: Financial Spread Betting Markets Rally as Draghi Pledges to Save the Euro
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Forex Spread Trading: Euro Rises on Leaked ECB Bond Purchasing Plans updated 06-Sep-12 |
Speculation that the European Central Bank will announce plans to purchase unlimited 3 year government bonds offered the shared currency some support yesterday. Forex spread trading investors will be keen to...read more: Forex Spread Trading: Euro Rises on Leaked ECB Bond Purchasing Plans
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Euro - Dollar Spread Betting Market Weakens Despite Hopes of ECB Bond Buying updated 05-Sep-12 |
Spread trading investors are having their nerve tested in the run up to tomorrow's ECB meeting. The drop of just 19 points for the euro - dollar spread betting pair suggests that investors hope Draghi will actually...read more: Euro - Dollar Spread Betting Market Weakens Despite Hopes of ECB Bond Buying
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FTSE Spread Betting Market Opens Lower as Spanish Regions Call for Aid updated 04-Sep-12 |
Earlier this morning we had been calling the FTSE spread betting market to open flat-to-higher, but as soon as the session got underway the sellers sent us lower. Spain has been getting it in the neck as...read more: FTSE Spread Betting Market Opens Lower as Spanish Regions Call for Aid
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FX Spread Betting: US Dollar Weakens as Bernanke Considers Easing updated 03-Sep-12 |
In the FX spread betting markets, the US dollar was hurt by Ben Bernanke's comments that he stands ready to use extra monetary easing if the jobless rate continues to remain elevated. Although it was...read more: FX Spread Betting: US Dollar Weakens as Bernanke Considers Easing
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US Crude Oil Futures Decline as Hurricane Issac Starts to Weaken updated 31-Aug-12 |
As Hurricane Isaac was downgraded to a Tropical Storm without major impact on refineries, oil workers started to return. Consequently, US crude oil futures lost $0.68 to...read more: US Crude Oil Futures Decline as Hurricane Issac Starts to Weaken
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Doubts Over Likelihood of QE3 Weigh on Gold Spread Betting Market updated 30-Aug-12 |
As markets have second thoughts about the likelihood of QE3 being around the corner, gold spread betting investors started to close some of their long positions. That sent gold prices $10 lower to...read more: Doubts Over Likelihood of QE3 Weigh on Gold Spread Betting Market
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Spanish and Italian Debt Auctions Boost EUR/USD Forex Spread Betting Market updated 29-Aug-12 |
Two successful Spanish and Italian debt auctions spurred a rally in the shared currency yesterday, which gained 68 points against the US dollar to $1.2564. The EUR/USD forex bulls can't quite...read more: Spanish and Italian Debt Auctions Boost EUR/USD Forex Spread Betting Market
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Index Spread Bets: DAX Breaks Lower on Greek/German Austerity Talks updated 24-Aug-12 |
News from the Greek/German talks is likely to surface throughout the session. The DAX index is looking to be bad news for the bulls, with the breakout through the bearish trend line failing to...read more: Index Spread Bets: DAX Breaks Lower on Greek/German Austerity Talks
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GBP/USD Spread Betting Market Surges on Fed Hint of More Easing updated 23-Aug-12 |
The recent Fed minutes hinted that more monetary easing could be forthcoming. Sterling managed to break the recent resistance levels, with the GBP/USD spread betting market reaching...read more: GBP/USD Spread Betting Market Surges on Fed Hint of More Easing
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FTSE Spread Betting Market Tumbles on UK Deficit Announcement updated 22-Aug-12 |
The FTSE spread betting market rejected the resistance levels in some style yesterday, helped on its way down by the UK deficit announcement. We are now close to the first support level at...read more: FTSE Spread Betting Market Tumbles on UK Deficit Announcement
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Commodity Spread Trading Markets Outperform Equities as Firms Struggle updated 21-Aug-12 |
The equity markets continue to sit as a sort of wallflower at the ball, with other asset classes enjoying a turn on the dance floor. Commodities have had a big run in the sun over the...read more: Commodity Spread Trading Markets Outperform Equities as Firms Struggle
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Forex Spread Bets: Dollar - Yen Market Bounces as Yen Remains Overvalued updated 20-Aug-12 |
The Dollar - Yen has bounced from the major support and is now back in no man's land at ¥79.55. There is no doubt that the yen is overvalued, but with the current Japanese deficit levels and...read more: Forex Spread Bets: Dollar - Yen Market Bounces as Yen Remains Overvalued
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Financial Spread Betting Investors Sell Heavily as Range Trading Continues updated 17-Aug-12 |
Our financial spread betting clients continue to believe in the trading ranges, and they are currently selling all the major indices pretty heavily. I cannot remember ever...read more: Financial Spread Betting Investors Sell Heavily as Range Trading Continues
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Spread Trading: Standard Chartered Shares Rise After Moving Towards Settlement updated 16-Aug-12 |
Standard Chartered gave some encouraging news as it continued on the recovery trail. The share price moved back above £14 as the bank had some success in the settlement process with...read more: Spread Trading: Standard Chartered Shares Rise After Moving Towards Settlement
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Crude Oil Spread Betting Markets Move Higher Despite Faltering GDP Data updated 15-Aug-12 |
Crude oil has been quietly moving higher without getting any headlines or comments. With GDP numbers apparently stalling, it seems that there must be something going on in...read more: Crude Oil Spread Betting Markets Move Higher Despite Faltering GDP Data
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UK Shares Spread Betting: Positive Standard Life Results Buoy Equities updated 14-Aug-12 |
For UK shares, Standard Life's numbers, released just prior to the open, were better-than-expected and we can expect, with cost cutting the buzzword of the day, that...read more: UK Shares Spread Betting: Positive Standard Life Results Buoy Equities
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S&P 500 Futures Rise as US Stock Market Indices Press 2008 Highs updated 13-Aug-12 |
The US markets are almost back to the highs of June, which were also their highest levels since mid-2008. Major resistance in the S&P 500 futures is...read more: S&P 500 Futures Rise as US Stock Market Indices Press 2008 Highs
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Equity Spread Betting Markets Maintain Strength on Prospect on Central Bank Aid updated 10-Aug-12 |
The continued strength in equities is being built on the prospect of unconventional monetary policy initiatives and record low interest rates. Growth might be sluggish, but when...read more: Equity Spread Betting Markets Maintain Strength on Prospect on Central Bank Aid
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Dow Futures Rebound on Strong US Corporate Earnings Despite Fed Comments updated 09-Aug-12 |
Last night's US session initially saw the Dow slump after comments by a Federal Reserve member. However, this was discarded as US corporate earnings surprised to...read more: Dow Futures Rebound on Strong US Corporate Earnings Despite Fed Comments
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Spread Betting Markets Slide Ahead of BoE Quarterly Inflation Report updated 08-Aug-12 |
The Bank of England will take centre stage today and we can expect its quarterly inflation report and press conference to make for grim reading. The spread betting markets will...read more: Spread Betting Markets Slide Ahead of BoE Quarterly Inflation Report
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FTSE Spread Betting Index Rises Despite Standard Chartered Money Laundering Allegations updated 07-Aug-12 |
The FTSE has taken the news of the Standard Chartered money laundering allegations in its stride and is looking to attempt a hat-trick of gains. Financial spread betting sentiment...read more: FTSE Spread Betting Index Rises Despite Standard Chartered Money Laundering Allegations
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Positive US Jobs Data Boosts Price of WTI Crude Oil Futures updated 06-Aug-12 |
Mirroring other world markets, the energy sector received a boost of confidence once the US announced an increase in its jobs number. The price of WTI crude oil jumped...read more: Positive US Jobs Data Boosts Price of WTI Crude Oil Futures
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Gold Spread Trading Market Continues to Test Range Boundaries updated 03-Aug-12 |
The gold spread trading market is stabilising around current prices, with repeated attempts to break out of the range. Financial Spreads' clients are buying heavily at...read more: Gold Spread Trading Market Continues to Test Range Boundaries
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EUR/USD Spread Trading Market Slips as Traders Fear Neutral ECB Speech updated 02-Aug-12 |
The Fed's largely neutral speech left many wondering whether the ECB could do the same later today. Regardless, the EUR/USD market was hurt, declining ...read more: EUR/USD Spread Trading Market Slips as Traders Fear Neutral ECB Speech
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Spread Betting Markets Gain Ahead of Federal Reserve Rate Decision updated 01-Aug-12 |
All eyes will be on the US Federal Reserve as they announce their latest interest rate decision. There is an expectation in the spread betting markets that...read more: Spread Betting Markets Gain Ahead of Federal Reserve Rate Decision
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Dow Jones Futures Rise as Investors Await US Non-Farm Payrolls Figure updated 31-Jul-12 |
The Dow Jones market edged slightly higher as investors await Friday's US non farm payrolls figure for extra clues as to the health of the US economy. A bad NFP number...read more: Dow Jones Futures Rise as Investors Await US Non-Farm Payrolls Figure
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Gold Spread Betting Markets Gain as Draghi Comments Boost Equities updated 30-Jul-12 |
Optimism that the Europeans will get their act together pushed equities and the euro further up Friday. Gold followed suit as investors discarded the...read more: Gold Spread Betting Markets Gain as Draghi Comments Boost Equities
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European Spread Betting Indices Surge on Draghi Pledge to Save Euro updated 27-Jul-12 |
Markets across the continent rallied significantly after the ECB President announced that he will do whatever it takes to save the single currency. Many of the European spread betting indices...read more: European Spread Betting Indices Surge on Draghi Pledge to Save Euro
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QE3 Rumours Boost Dow Spread Betting Market Despite Falling Home Sales updated 26-Jul-12 |
A drop in US new home sales had limited effect on the Dow which closed 60 points higher. Investors were instead attracted by rumours of QE3 and...read more: QE3 Rumours Boost Dow Spread Betting Market Despite Falling Home Sales
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West Texas Intermediate Crude Oil Futures Rise on Strong Chinese Manufacturing updated 25-Jul-12 |
Following two days of heavy losses, bargain hunters made a cautious approach pushing the West Texas Intermediate crude oil prices higher. News that manufacturing in China remains...read more: West Texas Intermediate Crude Oil Futures Rise on Strong Chinese Manufacturing
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FTSE 100 Spread Betting Market Slips as Moody's Put Germany on Downgrade Watch updated 24-Jul-12 |
We have seen Moody's put financial power house Germany on downgrade watch this morning which has prevented the FTSE from adding to our earlier calls of...read more: FTSE 100 Spread Betting Market Slips as Moody's Put Germany on Downgrade Watch
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FTSE Spread Betting Market Struggles as US Weakness Weighs on Asia updated 23-Jul-12 |
Asian stocks have taken a bit of a hit overnight following the poor performance of US indices on Friday and the news-flow over the weekend. The FTSE commenced...read more: FTSE Spread Betting Market Struggles as US Weakness Weighs on Asia
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Question of Further US Quantitative Easing Drives Gold Futures Price updated 20-Jul-12 |
The main driver for the gold futures market is still the question surrounding the next round of quantitative easing. Will they? Won't they? As long as Ben Bernanke keeps...read more: Question of Further US Quantitative Easing Drives Gold Futures Price
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Merkel's Concerns Weaken Euro on Forex Spread Betting Markets updated 19-Jul-12 |
In the forex spread betting markets, the EUR/USD pair edged lower yesterday. Selling pressure initially came from reports that Merkel was unsure whether the 'European project' would last...read more: Merkel's Concerns Weaken Euro on Forex Spread Betting Markets
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Index Spreads: Stunning Goldman Sachs and Coca Cola Results Boost Dow Jones updated 18-Jul-12 |
Stunning earnings reports from Goldman Sachs and Coca Cola gave bulls the impetus to brush aside Bernanke's downbeat comments. The Dow Jones managed to climb...read more: Index Spreads: Stunning Goldman Sachs and Coca Cola Results Boost Dow Jones
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FTSE Futures Market Points to Higher Open Ahead of Bernanke Testimony updated 17-Jul-12 |
Our FTSE futures market spent all morning suggesting that the FTSE would open higher by some 10-15 points, but we actually opened flat. Today's economic calendar...read more: FTSE Futures Market Points to Higher Open Ahead of Bernanke Testimony
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Dow Jones Spread Betting Market Gains on Positive Chinese GDP Data updated 16-Jul-12 |
The shares spread betting markets ended last week on a positive note, with the Dow Jones sustaining its highs and putting in a very decent gain. China's GDP came in...read more: Dow Jones Spread Betting Market Gains on Positive Chinese GDP Data
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Commodities Spread Betting Markets Slip as Fed Fails to Increase Easing updated 13-Jul-12 |
In the commodities markets, gold fell yesterday as spread betting investors were disappointed by the lack of demand for a third round of US quantitative easing. The risk-off mood...read more: Commodities Spread Betting Markets Slip as Fed Fails to Increase Easing
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FX Spread Betting: EUR/USD Hits Two Year Low as FOMC Hold Back QE3 updated 12-Jul-12 |
In the FX spread betting markets, the EUR/USD made another new two year low yesterday. This came after the FOMC minutes failed to deliver any suggestion of...read more: FX Spread Betting: EUR/USD Hits Two Year Low as FOMC Hold Back QE3
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Crude Oil Futures Decline as Norwegian Strike Fails to Disrupt Supply updated 11-Jul-12 |
Crude oil futures declined over 2% yesterday as the expected supply disruptions from a Norwegian strike failed to materialise. In addition, sentiment surrounding...read more: Crude Oil Futures Decline as Norwegian Strike Fails to Disrupt Supply
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Falling Chinese Inflation Sees Shares Spread Betting Markets Struggle updated 10-Jul-12 |
A mixed bag of news is making it difficult for shares spread betting investors to decide whether equities are going to move higher or lower. Chinese inflation dipped by more than...read more: Falling Chinese Inflation Sees Shares Spread Betting Markets Struggle
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Commodities Spread Betting: Gold Falls as US Non Farms Data Disappoints updated 09-Jul-12 |
In commodities trading, the gold market is suffering from a little bit of malaise after last week's worse-than-expected NFP. Whilst the result was poor, it was not bad enough to...read more: Commodities Spread Betting: Gold Falls as US Non Farms Data Disappoints
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Online Spread Betting Markets Decline as European Central Banks Fail to Surprise updated 06-Jul-12 |
The lack of surprises from Europe's central banks left online spread betting investors rather deflated as the expectations had already been built into the market. However...read more: Online Spread Betting Markets Decline as European Central Banks Fail to Surprise
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Forex Markets: EUR/USD Spread Betting Pair Falls Ahead of ECB Rate Cut updated 05-Jul-12 |
The EUR/USD market suffered from a bout of risk aversion yesterday, and the prospect of a drop in the base rate allowed the sellers to push the euro lower. This morning, the forex markets...read more: Forex Markets: EUR/USD Spread Betting Pair Falls Ahead of ECB Rate Cut
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US Stocks Spread Trading: Strong Factory Orders Boost Dow Jones updated 04-Jul-12 |
Once again US stocks look much stronger than their European counterparts. The better-than-expected US factory orders allowed spread trading investors to...read more: US Stocks Spread Trading: Strong Factory Orders Boost Dow Jones
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Shares Spread Betting: Diamond Leaves Barclays After LIBOR Scandal updated 03-Jul-12 |
Bob Diamond has resigned as CEO of Barclays as a result of the LIBOR scandal. Barclays shares dipped by some 4% on the open, but they...read more: Shares Spread Betting: Diamond Leaves Barclays After LIBOR Scandal
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US Confidence Figures Slump Despite Impressive Rally for Dow Jones Futures updated 02-Jul-12 |
Even though the Dow Jones put on an impressive near-300 point gain on Friday, US investors' confidence dropped to the lowest level for 2012. This came despite...read more: US Confidence Figures Slump Despite Impressive Rally for Dow Jones Futures
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Eurozone Banking Agreement Boosts Gold Spread Betting Market updated 29-Jun-12 |
Gold bounced on the news of the Eurozone banking agreement, as the commodity failed to hold below the $1,550 level for the seventh time since July 2011. The bounce has...read more: Eurozone Banking Agreement Boosts Gold Spread Betting Market
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DAX Spread Betting Index Underperforms FTSE as Fiscal Future Remains Bleak updated 28-Jun-12 |
The DAX, which two months ago was almost 1200 points above the FTSE, is now just 700 points higher, having fallen over 1000 points. For all of the power of the German industrial machine...read more: DAX Spread Betting Index Underperforms FTSE as Fiscal Future Remains Bleak
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Spread Betting Markets Rise Despite German Refusal to Guarantee Eurozone Debt updated 27-Jun-12 |
Germany is refusing to offer its financial might as guarantor to save the euro once and for all. So why aren't the spread betting markets selling off and...read more: Spread Betting Markets Rise Despite German Refusal to Guarantee Eurozone Debt
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Forex Spread Betting: EUR/USD Drops Despite Improved German Confidence Data updated 26-Jun-12 |
The single currency remains the dog of the forex spread betting markets and is suffered even more losses. This morning, the EUR/USD market has fallen despite surprisingly strong German consumer confidence...read more: Forex Spread Betting: EUR/USD Drops Despite Improved German Confidence Data
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Indices Spread Betting: DAX 30 Falls as New Greek PM Cancels EU and IMF Meetings updated 25-Jun-12 |
In the indices spread betting markets, the FTSE 100 is currently around 25 points lower, trading at 5485, ahead of the upcoming EU summit. The DAX 30 is in even worse shape as...read more: Indices Spread Betting: DAX 30 Falls as New Greek PM Cancels EU and IMF Meetings
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Gold Futures Tumble on Deflation Fears as the Global Economy Struggles updated 22-Jun-12 |
We saw a violent sell off in gold futures yesterday, with the market dropping below the psychologically important $1,600 level, as it became clear that the world is still in deflationary mode. The commodity...read more: Gold Futures Tumble on Deflation Fears as the Global Economy Struggles
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Financial Spread Betting Markets Fall as Fed Extends Twist But Fails to Start QE3 updated 21-Jun-12 |
So we got some more twisting from the Fed last night but financial spread betting investors were a little disappointed at the lack of QE3. After the announcement, American shares did...read more: Financial Spread Betting Markets Fall as Fed Extends Twist But Fails to Start QE3
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FX Spread Betting: Euro/Dollar Sees Gains on Anticipation of Fed Action updated 20-Jun-12 |
Despite some surprisingly weak figures for German economic sentiment, the euro/dollar rate rose by 113 points to $1.2688 yesterday. This came in anticipation that the Fed will pledge more...read more: FX Spread Betting: Euro/Dollar Sees Gains on Anticipation of Fed Action
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FTSE Spread Trading Market Rises Ahead of Mexican G20 Summit updated 19-Jun-12 |
The FTSE spread trading market is in a positive mood so far today as a bit of optimism surrounding the G20 seems to be creeping into the markets. Ever since the Greek election, markets have remained...read more: FTSE Spread Trading Market Rises Ahead of Mexican G20 Summit
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GBP/USD Forex Spread Betting Market Rises on Euro Weakness updated 18-Jun-12 |
The pound had a great day Friday on as funds flowed away from the euro prior to the weekend. The GBP/USD forex market has oscillated around $1.57 for the last three years and there...read more: GBP/USD Forex Spread Betting Market Rises on Euro Weakness
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Gold Spread Betting Market Rises on Greek Election Fears updated 15-Jun-12 |
Gold continues to push higher and we can expect this support to be maintained throughout the day as investors look to hedge against a Greek implosion. Having said that...read more: Gold Spread Betting Market Rises on Greek Election Fears
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Greek Election Uncertainty Weakens Financial Spread Betting Markets updated 14-Jun-12 |
The Greek electorate will soon decide between a quick execution and a long, lingering death spiral. The major problem is that we really don't know how the financial spread betting markets will...read more: Greek Election Uncertainty Weakens Financial Spread Betting Markets
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Financial Spread Betting Markets Sink as Spanish Bailout Fails to Impress updated 12-Jun-12 |
Yesterday, saw a swift reversal in the fortunes of equity investors as Spanish bond yields spiked the most in four months. If ever there was an indication of scepticism over a bailout then this...read more: Financial Spread Betting Markets Sink as Spanish Bailout Fails to Impress
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Spanish Banking Bailout Boosts Indices Spread Betting Markets updated 11-Jun-12 |
So another domino falls to the Eurozone bailout facility as the rumours that Spain would go cap in hand to the EU became a reality. Indices spread betting investors are breathing a huge sigh of relief as...read more: Spanish Banking Bailout Boosts Indices Spread Betting Markets
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Euro - Dollar Spread Betting Market Falls as Bernanke Fails to Hint at QE3 updated 08-Jun-12 |
The surprise move by China to ease monetary policy and cut interest rates triggered a rally in global markets which aided the euro. However, comments from Bernanke pushed the euro - dollar market down by...read more: Euro - Dollar Spread Betting Market Falls as Bernanke Fails to Hint at QE3
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Commodities Spread Betting: Crude Oil Rises on Hopes for Central Bank Action updated 07-Jun-12 |
Along with other commodities, the price of WTI crude oil benefited from a weaker dollar yesterday. It was the impression that central banks will finally agree to push the same way that spurred buying in...read more: Commodities Spread Betting: Crude Oil Rises on Hopes for Central Bank Action
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UK Spread Betting Markets Look for Stimulus After Diamond Jubilee updated 06-Jun-12 |
The UK spread betting markets are returning from an extended Diamond Jubilee weekend where almost everyone seemed to be immersing themselves in the celebrations. Unfortunately, little has...read more: UK Spread Betting Markets Look for Stimulus After Diamond Jubilee
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Dow Jones Spread Trading Market Weighs on Indices as US ADP Data Slips updated 01-Jun-12 |
Europe spent most of the day in positive territory until the US released its poor ADP Payroll figures. At that point, the Dow Jones tumbled and dragged the FTSE 100 and DAX 30 down to...read more: Dow Jones Spread Trading Market Weighs on Indices as US ADP Data Slips
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UK Spread Betting: Indices Fall After Poor Italian Bond Auction updated 31-May-12 |
Yesterday saw a rout in the UK spread betting markets as sellers came out in force to push indices lower. We saw a terrible Italian bond auction, Syriza leading a Greek poll, spiking Spanish bond yields and...read more: UK Spread Betting: Indices Fall After Poor Italian Bond Auction
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Gold Spread Trading Market Drops Despite Long Term Threat of Inflation updated 30-May-12 |
A stronger US dollar scared away any gold bulls yesterday, and pushed the market $20 lower to $1554.6. What's interesting is that, over the longer-term, one can hardly discard the threat of...read more: Gold Spread Trading Market Drops Despite Long Term Threat of Inflation
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US Crude Oil Futures Rise as Greek Polls Boost Euro updated 29-May-12 |
Stock markets provided limited direction for the energy sector yesterday, so the price of US crude oil enjoyed a brief rebound on the back of a stronger euro. However, it really was brief as Spanish debt fears...read more: US Crude Oil Futures Rise as Greek Polls Boost Euro
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Dow Jones Financial Spread Betting Market Slips as Spanish Regions Request Aid updated 28-May-12 |
Despite Friday's higher-than-estimated reading of US consumer confidence, events in Europe pushed the Dow Jones 76 points lower to 12,455. Requests for help from Spanish regional governments...read more: Dow Jones Financial Spread Betting Market Slips as Spanish Regions Request Aid
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EUR/USD Currency Spread Betting Pair Falls Despite Italian PM's Bullish Tone updated 25-May-12 |
Italian Prime Minister Mario Monti's statement that 'Greece is likely to stay in the euro' did not seem to help the EUR/USD currency pair as it ended another 51 points in the red, at...read more: EUR/USD Currency Spread Betting Pair Falls Despite Italian PM's Bullish Tone
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Commodities Spread Betting: Dollar Safe Haven Flows Weigh on the Price of Gold updated 24-May-12 |
The continued flight into the safety of the US dollar put downward pressure on the whole commodities spread betting market yesterday. As a result, the gold market posted another decline...read more: Commodities Spread Betting: Dollar Safe Haven Flows Weigh on the Price of Gold
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Financial Spread Betting Markets Tumble as Greece Prepares Exit Strategy updated 23-May-12 |
The financial spread betting markets are in selling mode again following comments from the former technocratic Greek PM that preparations are being made for a possible exit. The FTSE is down some 55 points after...read more: Financial Spread Betting Markets Tumble as Greece Prepares Exit Strategy
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Forex Spread Trading: German Objections to Eurobonds Weigh on Euro updated 22-May-12 |
One subject to be discussed at the EU summit will be the possibility of a Eurobond. However, many forex traders still doubt their potential, because Germany doesn't want to...read more: Forex Spread Trading: German Objections to Eurobonds Weigh on Euro
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Poor US Data Hurts Crude Oil Spread Betting Market Despite Weaker Dollar updated 21-May-12 |
In the crude oil markets, it didn't seem to matter that the dollar was under pressure on Friday, even though this would usually support the price of black gold. Instead, weak US economic fundamentals...read more: Poor US Data Hurts Crude Oil Spread Betting Market Despite Weaker Dollar
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US Shares Trading: Facebook Flotation Set to Dominate Spread Betting Markets updated 18-May-12 |
All eyes will be on the eagerly anticipated Facebook flotation, due to take place this afternoon. This represents one of the highest valued US share IPOs in history. However, the new shareholders...read more: US Shares Trading: Facebook Flotation Set to Dominate Spread Betting Markets
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FX Spreads: Euro/Dollar Slips as Greece Calls for Second Election updated 17-May-12 |
The euro/dollar market remained under pressure as it became clear that the Greek public will have to go to the polls once again. The outcome of the vote should decide...read more: FX Spreads: Euro/Dollar Slips as Greece Calls for Second Election
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FTSE 100 Financial Spread Betting Market Tumbles After US Stocks Slide updated 16-May-12 |
After the declines in US stocks, we had been calling the FTSE 100 to open some 40 points lower at around 5400. However, the selling got worse during the Asian session and...read more: FTSE 100 Financial Spread Betting Market Tumbles After US Stocks Slide
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Gold Futures Lose Safe Haven Status and Recouple with Commodities updated 15-May-12 |
Gold had previously been the asset which traders jumped into during moments of uncertainty. However, it has recently recouped with other commodities by returning to its inverse...read more: Gold Futures Lose Safe Haven Status and Recouple with Commodities
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UK Shares Spread Betting Markets Fall as Greece Struggles to Form Coalition updated 14-May-12 |
We are seeing a sea of red across the UK shares spread betting markets, with banking stocks feeling the brunt of the selling. The delay in the formation of a Greek government is...read more: UK Shares Spread Betting Markets Fall as Greece Struggles to Form Coalition
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Bargain Hunters Boost Gold Futures as Greece Secures Bailout Tranche updated 11-May-12 |
Buyers returned into the gold futures market yesterday, albeit at a cautious pace. They pushed the price of the precious metal higher and...read more: Bargain Hunters Boost Gold Futures as Greece Secures Bailout Tranche
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Dow Jones Futures Sink as Greek Politicians Fail to Form Coalition updated 10-May-12 |
Amid growing concern about the turmoil in Greece, and the failure to put together a coalition government, the Dow Jones extended its losses for...read more: Dow Jones Futures Sink as Greek Politicians Fail to Form Coalition
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French Banks Weigh on CAC 40 Spread Trading Index Over Greek Exit Concerns updated 09-May-12 |
The losses for the French banks would be considerable if Greece exited the euro. The CAC 40 index dropped 2.8% yesterday, one of the worst...read more: French Banks Weigh on CAC 40 Spread Trading Index Over Greek Exit Concerns
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Sterling/Euro Financial Spread Betting Market Hits 3 Year Highs on Euro Woes updated 08-May-12 |
Sterling is currently gaining from the euros woes. The sterling/euro financial spread betting market is now trading at a three year high. However,...read more: Sterling/Euro Financial Spread Betting Market Hits 3 Year Highs on Euro Woes
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Nymex Crude Oil Futures Fall as US Recovery Remains Weak updated 04-May-12 |
The price of Nymex crude oil futures posted a steep fall of $2.68, yesterday. Discouraged by the anaemic US recovery, buyers did not...read more: Nymex Crude Oil Futures Fall as US Recovery Remains Weak
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UK Spread Betting Markets Look for Strong NFP as US Data Disappoints updated 03-May-12 |
UK spread betting markets are unlikely to break higher if we see more weak US data like yesterday's ADP number. The NFP will have to be...read more: UK Spread Betting Markets Look for Strong NFP as US Data Disappoints
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Euro / Dollar Spreads Drop on Eurozone Sovereign Debt Concerns updated 02-May-12 |
Europe remains engulfed in sovereign debt troubles so the forex markets took notice of the potential downside over the short term. This morning the euro is...read more: Euro / Dollar Spreads Drop on Eurozone Sovereign Debt Concerns
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Commodities Spread Betting: Gold Futures Rebound After Sharp Losses updated 01-May-12 |
The commodities markets saw a sharp sell off in gold yesterday. For the rest of the day, the gold futures market fought its way back up and closed...read more: Commodities Spread Betting: Gold Futures Rebound After Sharp Losses
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Online Spread Betting Markets See Gains Despite Weak US GDP Figures updated 30-Apr-12 |
The online spread betting markets seem to be defying gravity as they brushed off Friday's weaker than expected US GDP figures. Stock market indices...read more: Online Spread Betting Markets See Gains Despite Weak US GDP Figures
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US Crude Oil Futures Struggle as US Jobless Data Disappoints updated 27-Apr-12 |
The US crude oil futures market started under pressure as the figures for the US jobless claims continued to show a struggling employment sector. However...read more: US Crude Oil Futures Struggle as US Jobless Data Disappoints
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Forex Spread Trading: Euro Falls as Hollande Vows Treaty Renegotiation updated 26-Apr-12 |
Francois Hollande, leading French Presidential candidate, vowed to renegotiate the European treaty. The forex spread trading markets saw the euro remain at...read more: Forex Spread Trading: Euro Falls as Hollande Vows Treaty Renegotiation
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Stock Market Indices Claw Back Losses on Impressive Apple Results updated 25-Apr-12 |
European stock market indices are continuing their attempt to claw back Monday's losses after Asian markets were encouraged by Apple's latest results. The...read more: Stock Market Indices Claw Back Losses on Impressive Apple Results
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DAX 30 Rebounds After Falls on the Shares Spread Betting Markets updated 24-Apr-12 |
A bounce is ensuing after the substantial sell off on the shares spread betting markets yesterday. Buyers were out in force for both the DAX 30 and the...read more: DAX 30 Rebounds After Falls on the Shares Spread Betting Markets
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Financial Spread Betting: French CAC Sinks as Hollande Wins First Round updated 23-Apr-12 |
French polls currently suggest that Hollande will breeze into power. Financial spread betting markets do not like his policies and the French CAC is 2% down already...read more: Financial Spread Betting: French CAC Sinks as Hollande Wins First Round
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Sterling/Dollar Spread Betting Market Rises as Posen Drops Call for QE4 updated 20-Apr-12 |
The sterling/dollar spread betting market remains above the $1.6000 level after the change of tone at the BoE, with Adam Posen dropping his calls for QE4. The pound hit a...read more: Sterling/Dollar Spread Betting Market Rises as Posen Drops Call for QE4
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Crude Oil Futures Weaken on Demand Concerns as Spain Struggles updated 19-Apr-12 |
Crude oil futures continued their slide amid concern that Spain's troubles will reignite the whole European debt crisis and curb demand for oil. Brent has fallen...read more: Crude Oil Futures Weaken on Demand Concerns as Spain Struggles
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Successful Spanish Auction Boosts Gold Financial Spread Betting Market updated 18-Apr-12 |
On the commodities markets, gold hovered around the $1,650 level, as a successful Spanish debt auction eased fears about the Eurozone debt crisis. After testing...read more: Successful Spanish Auction Boosts Gold Financial Spread Betting Market
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FX Spread Betting: Euro Rebounds on Positive US Retail Sales updated 17-Apr-12 |
On the FX spread betting markets, the euro initially sank below $1.3000 on Spanish debt fears, but managed to pare losses on better than expected US Retail sales. Reports that...read more: FX Spread Betting: Euro Rebounds on Positive US Retail Sales
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Wall Street Spread Trading: JP Morgan Rises After Releasing Q1 Profits updated 16-Apr-12 |
JP Morgan beat expectations on Friday, showing that Q1 was a bumper quarter for Wall Street banks. They have benefited hugely from the massive liquidity provided by the ECB's...read more: Wall Street Spread Trading: JP Morgan Rises After Releasing Q1 Profits
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Fed Support for Loose Monetary Policy Boosts Gold Spread Trading Market updated 13-Apr-12 |
In gold spread trading, the metal climbed yesterday on expectations that demand for an alternative asset would hold up after Federal Reserve officials voiced support for...read more: Fed Support for Loose Monetary Policy Boosts Gold Spread Trading Market
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Forex Spread Betting: Euro Remains Range Bound Ahead of Italian Auction updated 12-Apr-12 |
In forex spread trading, the euro made modest gains of 0.2% but still remains range bound. Caution is likely to keep a cap on gains ahead of today's Italian bond auction. The dollar dropped...read more: Forex Spread Betting: Euro Remains Range Bound Ahead of Italian Auction
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European Debt Concerns Weigh on AUD/JPY Spread Betting Market updated 11-Apr-12 |
The AUD/JPY shed 1.5% on Tuesday as the escalating European debt concerns led to strong safe haven buying of the Yen. At the same time, the Australian dollar sank as...read more: European Debt Concerns Weigh on AUD/JPY Spread Betting Market
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Crude Oil Financial Spread Betting Market Falls Ahead of Iranian Talks updated 10-Apr-12 |
Crude oil continued to make new lows on Monday, ahead of the upcoming international talks with Iran, where traders look to be unwinding trades that...read more: Crude Oil Financial Spread Betting Market Falls Ahead of Iranian Talks
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UK Spread Betting Markets Fall on Spanish and Italian Bond Fears updated 05-Apr-12 |
The FTSE 100 breached support levels as a bit of panic set in with fears that bond markets might be setting their sights back on Spain and Italy. This was the worst day of the year for the stock market index and...read more: UK Spread Betting Markets Fall on Spanish and Italian Bond Fears
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FOMC Minutes See Gold Financial Spread Betting Market Tumble updated 04-Apr-12 |
Last night's FOMC minutes were not encouraging if you are hoping to hear that the door is still open for QE3. This knocked the gold spread betting market for six and...read more: FOMC Minutes See Gold Financial Spread Betting Market Tumble
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Poor EU Manufacturing PMI Drags EUR/USD Spread Betting Market Lower updated 03-Apr-12 |
On the forex spread betting markets, euro bulls once again attempted to break through the resistance around $1.3385 but were swiftly rejected. The sudden turn around in sentiment was...read more: Poor EU Manufacturing PMI Drags EUR/USD Spread Betting Market Lower
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US Indices Financial Spread Betting: S&P 500 Reaches Pre-Lehman Levels updated 02-Apr-12 |
US stock markets have risen well; the S&P 500 hasn't seen such strength since 1998 and the Nasdaq 100 since 1991. That's enough to make even the...read more: US Indices Financial Spread Betting: S&P 500 Reaches Pre-Lehman Levels
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Gold Spread Trading Market Rises Despite Indian Jewellers Strikes updated 30-Mar-12 |
The gold spread trading market bounced back from a day low of $1644 to end the day at $1660. Despite strikes among jewellers in India this week causing pressure on...read more: Gold Spread Trading Market Rises Despite Indian Jewellers Strikes
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UK Spread Betting: Brent Crude Oil Falls on Strategic Reserves Discussion updated 29-Mar-12 |
Talk of dipping into strategic crude oil reserves has served to bring the price of Brent crude oil back from its highs, but it still remains above $124 at...read more: UK Spread Betting: Brent Crude Oil Falls on Strategic Reserves Discussion
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French Shares Spread Betting: Gas Leak Weakens Total Shares updated 28-Mar-12 |
It was the oil and gas sector that dragged on the FTSE as a Total platform gas leak entered its third day. Memories of BP die hard and investors sold other...read more: French Shares Spread Betting: Gas Leak Weakens Total Shares
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Indices Spread Trading: German DAX Rises After Bernanke Comments updated 27-Mar-12 |
The bounce by the FTSE is not as convincing as the rally in the Dow and at the time of writing the London market is at 5915 up only a few points. The German DAX on the other hand is...read more: Indices Spread Trading: German DAX Rises After Bernanke Comments
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Euro Rises on FX Spread Betting Markets as US Home Sales Decline updated 26-Mar-12 |
On the FX spread betting markets, the euro managed to end the week positively against the dollar, as weak US data revealed new home sales declined for a second...read more: Euro Rises on FX Spread Betting Markets as US Home Sales Decline
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Asian Stock Market Indices Suffer Losses Despite US Gains updated 23-Mar-12 |
Asian stock market indices have been a great deal more cautious than their European and US counterparts this week, with some suffering losses of over...read more: Asian Stock Market Indices Suffer Losses Despite US Gains
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Gold Spread Betting Investors Await Bernanke's Congress Testimony updated 22-Mar-12 |
Gold spread betting investors were understandably cautious ahead of Bernanke's testimony as last time there was, for lack of a better word, disaster on the gold markets. It's clear that...read more: Gold Spread Betting Investors Await Bernanke's Congress Testimony
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UK Spread Betting Investors Concentrate on 2012 Budget updated 21-Mar-12 |
Whilst the eyes of UK spread betting investors will be on today's budget, this morning we do get the release of the Bank of England minutes as well as...read more: UK Spread Betting Investors Concentrate on 2012 Budget
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Crude Oil Spread Betting Market Rises on Economic Growth Hopes updated 20-Mar-12 |
Crude oil traders were given a boost over the weekend when Christine Lagarde stated that she believed the global economy is past the worst of the current crisis. On the back of this, long positions...read more: Crude Oil Spread Betting Market Rises on Economic Growth Hopes
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Indices Spread Betting: DAX Remains in Uptrend Despite Weakness updated 19-Mar-12 |
Even the German DAX, which has seen considerable strength in the last few weeks, is seeing a bit of selling pressure early on. The DAX remains in a solid short term uptrend, however...read more: Indices Spread Betting: DAX Remains in Uptrend Despite Weakness
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USD/JPY Spread Betting Market Pulls Back After Impressive Gains updated 16-Mar-12 |
For USD/JPY, which has seen impressive gains in the last few weeks, a big top looks to have formed in early trade yesterday around the ¥84.00 level. Near term support...read more: USD/JPY Spread Betting Market Pulls Back After Impressive Gains
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Commodities Spread Betting: Gold Struggles on Weak Chinese Data updated 15-Mar-12 |
On the commodities spread betting markets, gold continues to suffer in the face of a strengthening dollar and yesterday the yellow brick hit a 2 month low. Concerns over the situation in China has weighed...read more: Commodities Spread Betting: Gold Struggles on Weak Chinese Data
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Bullish FOMC Tone Buoys Wall Street Index to Pre-Lehman Levels updated 14-Mar-12 |
In the US overnight, the bullish tone struck by the FOMC meeting helped push the Wall Street index to levels not seen since 2007, over 13000. This bullishness is...read more: Bullish FOMC Tone Buoys Wall Street Index to Pre-Lehman Levels
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Forex Spread Betting: Greek Bailout Confirmation Aids Euro Spreads updated 13-Mar-12 |
The Greek bailout was finally made official yesterday and, whilst it didn't lead to any sell off in the forex spread betting markets, the euro didn't jump for joy either. It seems that investors were...read more: Forex Spread Betting: Greek Bailout Confirmation Aids Euro Spreads
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FTSE 100 Spreads Weaken as Chinese Export Growth Disappoints updated 12-Mar-12 |
This morning the FTSE 100 is trading at 5860, down some 25 points and it's not just the London index that is lower. The main reason for the soft start today is once again China. Chinese export growth has...read more: FTSE 100 Spreads Weaken as Chinese Export Growth Disappoints
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Indices Spread Betting Markets Rise as Greece Agrees PSI Deal updated 09-Mar-12 |
The deal has been done and Greece can now write down vast swathes of the debt it owes to private investors and move on. The focus of the spread betting markets is likely to...read more: Indices Spread Betting Markets Rise as Greece Agrees PSI Deal
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Spread Betting on Forex: Euro Rises Ahead of Greek PSI Deal updated 08-Mar-12 |
The euro was back in favour with those spread betting on forex as risk assets rebounded. If just 66% of bondholders agree to the deal, it would mean they can force the...read more: Spread Betting on Forex: Euro Rises Ahead of Greek PSI Deal
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FTSE Spreads Recover After Falling on Weaker Chinese GDP Targets updated 07-Mar-12 |
Gradually throughout the morning our quote has recovered somewhat after the downside moves and so the FTSE spread betting market is only just in the red at...read more: FTSE Spreads Recover After Falling on Weaker Chinese GDP Targets
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Equities Spread Betting Markets Slip on Downgraded Chinese Growth Targets updated 05-Mar-12 |
Picking up from where we left off last week, the decline in global equities is ongoing this morning as China announced its lowest economic growth target since 2004. They cut their growth target from 8% to 7.5% which...read more: Equities Spread Betting Markets Slip on Downgraded Chinese Growth Targets
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Spread Betting Markets Weaken as Greek PSI Remains Unresolved updated 02-Mar-12 |
Greece continues to dominate the spread betting markets as an agreement on the PSI is still yet to be completed. Now the Eurozone has decided to delay half of the bailout funds in order to...read more: Spread Betting Markets Weaken as Greek PSI Remains Unresolved
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US Dollar Strength Sees Silver Spread Betting Market Drop updated 01-Mar-12 |
Gold's rally has been built on the devaluation of the US dollar and flood of sellers saw quite a few bulls shaken out of the silver spread betting market too. A lot of things happened yesterday including ...read more: US Dollar Strength Sees Silver Spread Betting Market Drop
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Indices Spread Betting Markets Struggle Ahead of Second ECB LTRO updated 29-Feb-12 |
The ECB will be dishing out another round of cheap loans this morning. The indices spread betting markets leading into today's LTRO have traded sideways as investors remain apprehensive of...read more: Indices Spread Betting Markets Struggle Ahead of Second ECB LTRO
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Euro-Dollar Spread Betting Market Rebounds Ahead of Second ECB LTRO updated 28-Feb-12 |
The euro ran out of a bit of steam yesterday falling to a low of $1.3363 against the dollar. That was pretty short-lived though, as it shot back up in anticipation of the ECB cash injection which...read more: Euro-Dollar Spread Betting Market Rebounds Ahead of Second ECB LTRO
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Gold Spread Betting Market Rises on Weak Dollar and Iranian Concerns updated 27-Feb-12 |
During recent weeks, investors have seen many factors driving the price of the gold spread betting market. A weaker US dollar, tensions in Iran and lingering concerns over...read more: Gold Spread Betting Market Rises on Weak Dollar and Iranian Concerns
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Forex Spread Trading: Euro Surges Higher After Breaking Resistance updated 24-Feb-12 |
On the forex spread trading markets, the euro poked its head above the resistance area of $1.3300 against the dollar and then the floodgate of buyers opened pushing it to a new...read more: Forex Spread Trading: Euro Surges Higher After Breaking Resistance
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UK Shares Spread Betting: RBS Loss Weakens Banking Sector Stocks updated 23-Feb-12 |
It's all about bank results today and tomorrow as 'our' banks release results. As many feared, RBS has posted a loss but a much bigger one than expected. Responsible for...read more: UK Shares Spread Betting: RBS Loss Weakens Banking Sector Stocks
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EUR/USD Spread Betting Market Surges on Confirmation of Greek Bailout updated 22-Feb-12 |
As we expected, the EUR/USD spread betting market surged on the back of the news that Greece's bailout was approved. There may have...read more: EUR/USD Spread Betting Market Surges on Confirmation of Greek Bailout
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FTSE Spread Betting: Investors Sell After Greek Bailout is Approved updated 21-Feb-12 |
The FTSE spread betting market is actually suffering a bit of early weakness as investors make use of the odd adage buy the rumour (bailout of Greece imminent) and sell the...read more: FTSE Spread Betting: Investors Sell After Greek Bailout is Approved
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Brent Crude Oil Rises as Iran Halts Exports to UK and France updated 20-Feb-12 |
News that Iran has halted oil exports to the UK and France has caused Brent crude oil to spike back above the $120 level a barrel mark, having...read more: Brent Crude Oil Rises as Iran Halts Exports to UK and France
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ECB Rumours See USD/JPY Spread Betting Market Push Higher updated 17-Feb-12 |
The bounce in risk assets was very much to the detriment of the Japanese yen which gave a boost to USD/JPY allowing the pair to continue its move above the...read more: ECB Rumours See USD/JPY Spread Betting Market Push Higher
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FTSE 100 Falls as EU Fails to Endorse Greek Bailout Funds updated 16-Feb-12 |
The Greek bailout funds are still not guaranteed and this is rattling markets this morning after having affected the trading session in the US yesterday. The FTSE 100 is lower by...read more: FTSE 100 Falls as EU Fails to Endorse Greek Bailout Funds
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UK Spread Betting Markets Weaken Ahead of Unemplyment Figures updated 15-Feb-12 |
On the macroeconomic front, the main focus for UK spread betting investors will be the British Unemployment numbers, closely followed by the Bank of England's...read more: UK Spread Betting Markets Weaken Ahead of Unemplyment Figures
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UK 100 Opens Lower as Moody's Puts UK AAA on Negative Watch updated 14-Feb-12 |
The news from Moody's has not led to a mass sell off, but there is a degree of weakness in the indices this morning as the UK 100 opens below 5900 to...read more: UK 100 Opens Lower as Moody's Puts UK AAA on Negative Watch
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Indices Spread Betting Markets See Relief Rally on Greek Austerity Vote updated 13-Feb-12 |
Greeks politicians have voted to take their medicine and so indices spread betting markets are rallying in relief that a rejection of the vote has not lead to the country's exit from...read more: Indices Spread Betting Markets See Relief Rally on Greek Austerity Vote
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UK Shares Spread Betting Markets Weaken on Poor Barclays Results updated 10-Feb-12 |
One of the main highlights for UK shares spread betting are the UK bank results. Barclays have opened the batting today with some disappointing numbers that...read more: UK Shares Spread Betting Markets Weaken on Poor Barclays Results
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Commodities Spread Betting: Gold Falls From Highs on Lack of Momentum updated 09-Feb-12 |
On the commodities spread betting markets, gold recovered to the $1750 level and looked like it was going to head beyond its recent highs. However, its fuel just ran out and...read more: Commodities Spread Betting: Gold Falls From Highs on Lack of Momentum
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Euro Rallies on Currency Spread Betting Markets as Greek Deadline Looms updated 08-Feb-12 |
In the currency spread betting market, the euro's recent rally seems to be gathering momentum as the Greece deadline looms and pressure mounts. The feeling that a deal is...read more: Euro Rallies on Currency Spread Betting Markets as Greek Deadline Looms
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Commodities Spread Betting: Greek Concerns Weaken Gold Prices updated 07-Feb-12 |
On the commodities spread betting markets, the bears seem so be outweighing the bulls on the gold see-saw as the US dollar rose on concerns over...read more: Commodities Spread Betting: Greek Concerns Weaken Gold Prices
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Indices Spread Betting Markets Struggle as Greek Debt Talks Drag On updated 06-Feb-12 |
The on-going talks between Greece and the Troika continue to prevent the indices spread betting markets from making ground to even fresher highs. Whilst the deadline...read more: Indices Spread Betting Markets Struggle as Greek Debt Talks Drag On
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American Shares: Spread Betting Investors Await Facebook IPO updated 03-Feb-12 |
The American shares market has seen the anticipated IPO of Facebook gather momentum and the debate is raging as to whether it'll be a Google type float or a flop. Until we know...read more: American Shares: Spread Betting Investors Await Facebook IPO
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Xstrata and Glencore Merger Boosts UK Shares Spread Betting Markets updated 02-Feb-12 |
UK shares are being assisted by merger and acquisition news from the mining sector as coal giant Xstrata has announced that it is looking to merge with Glencore. The...read more: Xstrata and Glencore Merger Boosts UK Shares Spread Betting Markets
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FX Spread Betting Markets See Sterling Rise on Positive UK PMI updated 01-Feb-12 |
UK manufacturing PMI numbers are expected to climb back above the 50 level which indicates expansion for the sector, so this could be good news for sterling as...read more: FX Spread Betting Markets See Sterling Rise on Positive UK PMI
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Indices Spread Betting: Weak GDP Data Sees FTSE 100 Lag European Rivals updated 31-Jan-12 |
The FTSE 100 is looking to post a gain of over 2% in the month whereas its European counterparts have had a much stronger month; the German DAX is over 6% higher and...read more: Indices Spread Betting: Weak GDP Data Sees FTSE 100 Lag European Rivals
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Forex Spread Trading: Euro Slips as Fitch Downgrades European Ratings updated 30-Jan-12 |
On the forex spread trading markets, the euro finally ran out of steam against the dollar. Just as the Greek debt situation seemed to be improving, Fitch swooped in and...read more: Forex Spread Trading: Euro Slips as Fitch Downgrades European Ratings
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FTSE Spread Betting Market Drops as US Stock Markets Retreat updated 27-Jan-12 |
This morning the markets are giving back some of their gains from yesterday as the rally in US stock markets fizzled out. The retreat is seeing the FTSE open lower...read more: FTSE Spread Betting Market Drops as US Stock Markets Retreat
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American Shares Spread Trading Markets Rally on Fed Rates Comments updated 26-Jan-12 |
Markets are on the up this morning with the boost coming from American shares. Risk assets were in demand as the US Federal Reserve said that interest rates are...read more: American Shares Spread Trading Markets Rally on Fed Rates Comments
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FTSE Rises as Spread Betting Investors Focus on World Economic Forum updated 25-Jan-12 |
Today many spread betting investors will focus on the meeting of business leaders for a bit of skiing and discussion in Switzerland as the annual World Economic Forum in Davos gets...read more: FTSE Rises as Spread Betting Investors Focus on World Economic Forum
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Technical Analysis: Gold Rises Despite Crossing Moving Averages updated 24-Jan-12 |
Carrying on with the bullish trend, gold got another boost yesterday, rallying $10.6 to close at $1676.7. Chartists and those using technical analysis will be...read more: Technical Analysis: Gold Rises Despite Crossing Moving Averages
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Currency Spread Betting: Euro - Dollar Rises on Greek Optimism updated 23-Jan-12 |
The markets remain optimistic that the talks between bond holders of Greek debt and the authorities will reach an agreement. The euro - dollar currency pair is...read more: Currency Spread Betting: Euro - Dollar Rises on Greek Optimism
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FTSE Spread Betting Market Breaks Higher on Positive EU Debt Auctions updated 20-Jan-12 |
Yesterday saw a few rays of sunshine for the Eurozone as Spain and Portugal managed to not only find buyers for their debt but also keep the interest rates low. This helped the FTSE spread betting market break...read more: FTSE Spread Betting Market Breaks Higher on Positive EU Debt Auctions
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Gold Rises on Commodity Spread Betting Markets Amid US Dollar Weakness updated 19-Jan-12 |
Thanks to a weaker US dollar, gold enjoyed a third day of gains yesterday as investors viewed the dollar denominated commodity spread betting market as a bargain. Some may...read more: Gold Rises on Commodity Spread Betting Markets Amid US Dollar Weakness
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FTSE Spread Trading Market Lags Behind Strong European Indices updated 18-Jan-12 |
With the German DAX and French CAC leading the way it could only be a matter of time before the FTSE gets through the near term resistance barrier and tests the highs from...read more: FTSE Spread Trading Market Lags Behind Strong European Indices
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Spread Betting Account Holders Sell FTSE 100 Despite Chinese Data updated 17-Jan-12 |
Our spread betting account holders remain sceptical of the positive Chinese GDP result, presumably with the belief that the Eurozone woes will rule. Selling into the recent strength has...read more: Spread Betting Account Holders Sell FTSE 100 Despite Chinese Data
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Indices Spread Betting Markets Fall on S&P EU Downgrades updated 16-Jan-12 |
The indices spread betting markets suffered decent losses on Friday as the rumours of S&P's downgrades spread, but not quite as much as you might expect since investors knew...read more: Indices Spread Betting Markets Fall on S&P EU Downgrades
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Crude Oil Spread Trading Market Rises on Geopolitical Tensions updated 13-Jan-12 |
Brent crude oil was mixed as it rallied but then pulled back. The price of crude remains frothy with lots of geopolitical tension loaded into the price. Nigeria and Iran are...read more: Crude Oil Spread Trading Market Rises on Geopolitical Tensions
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Forex Spread Betting: Euro Struggles Ahead of ECB Rate Decision updated 12-Jan-12 |
The euro's down trend remains in place and at the time of writing EUR/USD is at $1.2700. This is where the action in forex spread betting markets could be today with the ECB rate decision and...read more: Forex Spread Betting: Euro Struggles Ahead of ECB Rate Decision
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UK Share Trading Markets Weaken Despite Positive Retail Results updated 11-Jan-12 |
The focus for UK shares this week has been the retailers that have been reporting. Even though on the whole they have beaten forecasts, the sales have...read more: UK Share Trading Markets Weaken Despite Positive Retail Results
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Recession Concerns Weaken Crude Oil Spread Betting Market updated 10-Jan-12 |
Crude oil was hit by concerns over another recession and the state of the Eurozone economy. The only factor limiting the decline was the tension between Iran and...read more: Recession Concerns Weaken Crude Oil Spread Betting Market
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Forex Spread Betting: Euro Falls After Positive US NFP Data updated 09-Jan-12 |
The euro is becoming the whipping boy of the forex spread betting markets as it hit a 16 month low against the dollar and an 11 year low against the yen. Friday's better than expected NFP figures...read more: Forex Spread Betting: Euro Falls After Positive US NFP Data
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Shares Spread Betting: Strong ADP Data Boosts Expecations for Non Farms updated 06-Jan-12 |
Following the unbelievable ADP figure yesterday, that was double expectations, there's a great deal of optimism surrounding today's NFP number. However, shares spread betting markets may not...read more: Shares Spread Betting: Strong ADP Data Boosts Expecations for Non Farms
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Indices Spread Betting Markets Struggle on Investor Caution Over Gains updated 05-Jan-12 |
Indices spread betting markets are expected to track sideways this morning as investors continue to cast doubt over the strength at the start of this week and year. A little bit of doubt crept into...read more: Indices Spread Betting Markets Struggle on Investor Caution Over Gains
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Dow Jones Continues to Rise Above 200 Day Moving Average updated 04-Jan-12 |
US markets have continued to storm ahead with the Dow Jones showing particular strength. The index is well above its 200DMA and, whilst many people claim this move higher is...read more: Dow Jones Continues to Rise Above 200 Day Moving Average
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Iranian Missile Tests Boost Brent Crude Oil Spread Betting Market updated 03-Jan-12 |
Brent crude oil has seen a spike as Iran carries out its missile tests, but also the Chinese data and general risk on start to the year has helped lift the black stuff. At the time of writing Brent is...read more: Iranian Missile Tests Boost Brent Crude Oil Spread Betting Market
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UK Spread Betting Markets Rise on Strong Demand for Italian Debt updated 29-Dec-11 |
There was an encouraging start to the first post-Christmas trading day for the UK spread betting markets, which was boosted by news that strong demand for 6 month Italian debt halved...read more: UK Spread Betting Markets Rise on Strong Demand for Italian Debt
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FTSE Futures Slip as Asian Session Fails to Inspire Spread Trading Bulls updated 28-Dec-11 |
The FTSE Futures market is bang on the 5500 level at the time of writing, with mining stocks dragging. The Asian session has done little to inspire the spread trading bulls. With two...read more: FTSE Futures Slip as Asian Session Fails to Inspire Spread Trading Bulls
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Commodities Spread Trading: Gold Struggles for Momentum Above $1600 updated 22-Dec-11 |
In commodities spread trading, gold can't seem to maintain any traction above $1,600 as it's drifted sideways to slightly downwards in the past few sessions. At $1,615 this morning, key levels to...read more: Commodities Spread Trading: Gold Struggles for Momentum Above $1600
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GBP/EUR Spread Betting Market Struggles Ahead of BoE Minutes updated 21-Dec-11 |
Sterling will be in focus this morning with the release of the Bank of England's minutes. Sterling has enjoyed some good strength in the past few weeks but the GBP/EUR spread betting market can't ...read more: GBP/EUR Spread Betting Market Struggles Ahead of BoE Minutes
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Indices Spread Betting Markets Struggle on Prospects of Difficult 2012 updated 20-Dec-11 |
The indices spread betting markets can't get the momentum they need to get this year's Christmas rally underway. The markets remain depressed by the prospect of a difficult year ahead with banks...read more: Indices Spread Betting Markets Struggle on Prospects of Difficult 2012
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Asian Financial Spread Betting Markets Fall Following the Death of Kim Jong-il updated 19-Dec-11 |
A major geopolitical event is causing a degree of uncertainty amongst financial spread betting markets this morning as Asian markets sold off following the death of the North Korean leader Kim Jong-il. The last...read more: Asian Financial Spread Betting Markets Fall Following the Death of Kim Jong-il
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FX Spread Betting Markets See Euro Find Support at $1.30000 Level updated 16-Dec-11 |
On the FX spread betting markets, the euro seems to have found a level at $1.3000 against the dollar where the bears have run out of momentum to push the...read more: FX Spread Betting Markets See Euro Find Support at $1.30000 Level
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Sterling Sees Gains as UK Gilt Yields Continue to Move Lower updated 15-Dec-11 |
GBP/EUR has been heading back towards €1.2000 and the interest on UK gilts continues to head lower as investors buy up UK government bonds. This indicates the faith the bond spread betting market has in...read more: Sterling Sees Gains as UK Gilt Yields Continue to Move Lower
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Crude Oil Spread Betting Surges on Rumours of Iranian Closure of Strait of Hornuz updated 14-Dec-11 |
Crude investors ignored the rally in the US dollar yesterday and saw the price of the crude oil spread betting market rebound on rumours that Iran had closed the Strait of Hornuz, the most important...read more: Crude Oil Spread Betting Surges on Rumours of Iranian Closure of Strait of Hornuz
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Gold Spread Betting Market Tumbles on European Downgrade Fears updated 13-Dec-11 |
Gold traders were given a rude awakening in the early hours of yesterday morning when their gold price alerts were set off ringing. The gold spread betting market dropped $20 within a matter of minutes and...read more: Gold Spread Betting Market Tumbles on European Downgrade Fears
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Forex Spread Betting: Euro Falls as German Confidence Data Weakens updated 12-Dec-11 |
Forex spread betting investors have looked to the safer currencies as expectations are that German economic data will show that investor confidence is at a 3 year low. The euro is trading lower...read more: Forex Spread Betting: Euro Falls as German Confidence Data Weakens
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Spread Betting Account Holders Await Results of EU Fiscal Integration Summit updated 09-Dec-11 |
Spread betting account holders will be closely watching the second day of the EU leaders meeting and, already this morning, David Cameron has announced his rejection of the new EU treaty. The UK 100 index looks...read more: Spread Betting Account Holders Await Results of EU Fiscal Integration Summit
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US Shares Rise Despite German Rejection of EFSF and ESM Proposal updated 08-Dec-11 |
US shares markets remained well supported overnight and yesterday's sell off in Europe, which followed reports that the proposal to combine the EFSF and ESM was rejected by Germany, was very...read more: US Shares Rise Despite German Rejection of EFSF and ESM Proposal
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Falling European Debt Yields Buoy Stock Market Indices Ahead of EU Summit updated 07-Dec-11 |
We have seen European government debt yields begin to fall in recent days as investors gain confidence ahead of the EU summit on fiscal integration. This has helped to boost stock market indices across...read more: Falling European Debt Yields Buoy Stock Market Indices Ahead of EU Summit
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DAX 30 Spreads Slip as S&P Put Eurozone Countries on Downgrade Review updated 06-Dec-11 |
The Dax 30 reacted negatively to credit rating agency S&P's announcement that they've got all but two of the Eurozone nations cards' marked for a possible downgrade within...read more: DAX 30 Spreads Slip as S&P Put Eurozone Countries on Downgrade Review
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FTSE Spreads Rise Ahead of Key EU Fiscal Integration Summit updated 05-Dec-11 |
The FTSE has commenced the week in relatively a bullish mood just putting itself in the black although it's hardly a convincing rise. We're only just clinging onto...read more: FTSE Spreads Rise Ahead of Key EU Fiscal Integration Summit
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Gold Spread Betting Market Struggles to Breach $1750 Level updated 02-Dec-11 |
The gold spread betting market seems to have found a bit of a ceiling around the $1750 level, having gone sideways for a few days. It doesn't seem to be benefiting from the...read more: Gold Spread Betting Market Struggles to Breach $1750 Level
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US Indices Spread Betting Markets Rise as Dow Jones Passes 12,000 updated 01-Dec-11 |
US indices spread betting markets continued the party for the bulls into the night, rising over 4%. This brought the Dow back above the 12,000 level and to levels not seen since...read more: US Indices Spread Betting Markets Rise as Dow Jones Passes 12,000
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EUR/USD Sinks as European Politicians Fail to Agree EFSF Leverage updated 30-Nov-11 |
European finance ministers have failed to come up with a plan to boost the EFSF bailout fund to as much as ?1 trillion. This is seeing the euro start in a negative mood with EUR/USD dipping to...read more: EUR/USD Sinks as European Politicians Fail to Agree EFSF Leverage
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Euro Rises on Forex Spread Trading Markets as IMF Discusses Italian Bailout updated 29-Nov-11 |
In forex spread trading, forex traders regained some risk appetite and bought the euro, after the IMF indicated their ?600bn Italian bailout package. However, the euro should be treated cautiously as...read more: Euro Rises on Forex Spread Trading Markets as IMF Discusses Italian Bailout
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Dow Futures Trade Higher Ahead of Cyber Monday Retail Boost updated 28-Nov-11 |
In the US, Dow futures are 1.5% higher ahead of 'Cyber Monday' where the spending is due to continue as consumers scour the internet for seasonal online deals. For European spread betting indices the...read more: Dow Futures Trade Higher Ahead of Cyber Monday Retail Boost
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Brent Crude Oil Spread Betting Market Continues to Struggle updated 25-Nov-11 |
For the Brent crude oil market things have been difficult for the bulls. This morning the black stuff is at $107.40 having spent the last few days hovering...read more: Brent Crude Oil Spread Betting Market Continues to Struggle
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Bond Spread Betting: Yields Rise After Poor German Bund Auction updated 24-Nov-11 |
Fear has once again spread through the markets as a German Bund issue saw just under ?4bn of the ?6bn issue taken up. Bond traders and bond spread betting investors generally...read more: Bond Spread Betting: Yields Rise After Poor German Bund Auction
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UK 100 Stock Market Index Weakens as German Data Slips updated 23-Nov-11 |
This morning we are seeing further weakness for the UK 100 stock market index as Europe's biggest economy, Germany, is no longer immune to the doom and...read more: UK 100 Stock Market Index Weakens as German Data Slips
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FTSE Spreads Struggle as Technical Analysis Remains Bearish updated 22-Nov-11 |
The bounce so far for the FTSE this morning isn't very convincing as the technical analysis has become increasingly bearish as support level...read more: FTSE Spreads Struggle as Technical Analysis Remains Bearish
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Risk Adverse FX Spread Betting Investors Buoy Safe Haven Currencies updated 21-Nov-11 |
With equities sharply down this morning, FX spread betting investors are in no mood risk taking, so we have seen a hike in the safe haven currencies...read more: Risk Adverse FX Spread Betting Investors Buoy Safe Haven Currencies
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FTSE Slips as Bond Spread Betting Markets See Spanish Debt Yields Surge updated 18-Nov-11 |
The FTSE 100 is taking a bit of a hammering this morning as Spain was a concern. The bond spread betting markets saw their 10 year yield edge ...read more: FTSE Slips as Bond Spread Betting Markets See Spanish Debt Yields Surge
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Sterling - Dollar Spread Betting Market Rebounds Despite Weak UK Unemployment updated 17-Nov-11 |
The poor unemployment figures and inflation report didn't aid the pound yesterday. However, the sterling - dollar spread betting market has...read more: Sterling - Dollar Spread Betting Market Rebounds Despite Weak UK Unemployment
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UK Spread Betting Investors Focus on BoE Inflation Report updated 16-Nov-11 |
Today UK spread betting investors will be focusing on the Bank of England's Quarterly Inflation Report. Here expectations for...read more: UK Spread Betting Investors Focus on BoE Inflation Report
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Crude Oil Pulls Back Despite Changes to Greek and Italian Leadership updated 15-Nov-11 |
Despite the changes in Greece and Italy's political system, showing a want for reduction of the current deficits, crude oil pulled back from the...read more: Crude Oil Pulls Back Despite Changes to Greek and Italian Leadership
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Receding Italian Debt Fears Buoy Gold Spread Betting Market updated 14-Nov-11 |
The gold spread betting market was in favour on Friday as the fear of Italy joining Greece in the cess pit receded and investors returned to...read more: Receding Italian Debt Fears Buoy Gold Spread Betting Market
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FX Spread Betting: Euro Weakness Boosts GBP/EUR Rate updated 11-Nov-11 |
The recent euro weakness has given GBP/EUR a boost on the FX spread betting markets taking it up above ?1.1700 where once again it has...read more: FX Spread Betting: Euro Weakness Boosts GBP/EUR Rate
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Indices Spread Betting Markets Sink on Eurozone Debt Crisis Fears updated 10-Nov-11 |
Fear is gripping investors at the moment as the Eurozone debt crisis seems to be getting out of control. Indices spread betting markets were...read more: Indices Spread Betting Markets Sink on Eurozone Debt Crisis Fears
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Wall Street Spread Betting Market Rises as Berlusconi Prepares to Resign updated 09-Nov-11 |
The Wall Street spread betting market saw gains overnight, on the news that Silvio Berlusconi will be stepping down as Italian PM, pushing above...read more: Wall Street Spread Betting Market Rises as Berlusconi Prepares to Resign
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UK Spread Betting Markets Remain Supported Despite Struggling Retailers updated 08-Nov-11 |
Despite the tough headwinds faced by the high street, the UK spread betting markets don't seem to be taking any notice. The FTSE continues to be relatively well supported and...read more: UK Spread Betting Markets Remain Supported Despite Struggling Retailers
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Bonds Spread Betting: Italian Yields Breach Year Highs on Debt Concerns updated 07-Nov-11 |
The bonds spread betting markets have seen Italian yields break beyond their highest levels of the year, causing serious concern ahead of an important budget vote...read more: Bonds Spread Betting: Italian Yields Breach Year Highs on Debt Concerns
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Hopes of Greek Resolution Boosts Crude Oil Spread Betting Market updated 04-Nov-11 |
The crude oil spread betting was given a leg up yesterday as hopes for a resolution on the Greek crisis were hitting headlines, increasing demand...read more: Hopes of Greek Resolution Boosts Crude Oil Spread Betting Market
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US Dollar Falls on Currency Spread Betting Markets as Growth is Revised updated 03-Nov-11 |
The dollar fell on the currency spread betting markets yesterday as economic growth was revised and there was expectation that another lot of quantitative easing could...read more: US Dollar Falls on Currency Spread Betting Markets as Growth is Revised
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Gold Spreads Rebound After Falling on Greek Referendum News updated 02-Nov-11 |
Initially, the gold spread betting market felt the brunt of the disarray, dropping to as low as $1680.9, but pessimists could not keep it under the...read more: Gold Spreads Rebound After Falling on Greek Referendum News
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FX Spread Betting Markets Tumble on Greek Bailout Referendum Decision updated 01-Nov-11 |
Yesterday Greek PM Papandreou shocked the FX spread betting markets by saying that he is going to hold a referendum on whether they should accept the bailout or...read more: FX Spread Betting Markets Tumble on Greek Bailout Referendum Decision
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Forex Spread Betting: Japanese Currency Intervention Weakens Yen updated 31-Oct-11 |
Major news on the forex spread betting markets this morning, with Japan intervening to make their currency weaker and therefore encourage trade. The yen fell...read more: Forex Spread Betting: Japanese Currency Intervention Weakens Yen
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UK 100 Index Spread Betting Market Looks For Second Best Monthly Gain updated 28-Oct-11 |
This morning the UK 100 index is adding to the gains of recent days and is well on track to record its second best monthly gain ever. A remarkable feat when...read more: UK 100 Index Spread Betting Market Looks For Second Best Monthly Gain
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FX Spread Betting: EUR/USD Rises as Greek Bond Holders Agree 50% Haircut updated 27-Oct-11 |
The news that Greek debt holders will accept a 50% loss and the rescue fund is to be increased to ?1 trillion, has encouraged eager traders this morning and EUR/USD is...read more: FX Spread Betting: EUR/USD Rises as Greek Bond Holders Agree 50% Haircut
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UK 100 Spreads Maintain Strength Despite Weakness on US Stocks updated 26-Oct-11 |
The UK 100 is continuing to hold above the 5500 level despite the weakness seen on the US markets last night. We are seeing a...read more: UK 100 Spreads Maintain Strength Despite Weakness on US Stocks
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Spread Betting Account Holders Sell FTSE 100 on Weak Sentiment updated 25-Oct-11 |
The FTSE's two and a half month high has been attracting spread betting account holders to sell into the index as they remain doubtful of a...read more: Spread Betting Account Holders Sell FTSE 100 on Weak Sentiment
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Crude Oil Spread Betting Market Rises on EU Solution Optimism updated 24-Oct-11 |
The crude oil spread betting market was given a boost by the general optimism across the markets on Friday. Investors considered that if EU officials do agree a solution...read more: Crude Oil Spread Betting Market Rises on EU Solution Optimism
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GBP/EUR Spread Betting Market Sees Gains on Weakening Euro updated 21-Oct-11 |
Cable is not suffering as much as the euro this morning and so sterling has the edge over the single currency this morning as GBP/EUR trades at...read more: GBP/EUR Spread Betting Market Sees Gains on Weakening Euro
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FTSE 100 Stock Market Index Sees Support Ahead of EU Summit News updated 20-Oct-11 |
European leaders continue to try frantically to agree on a resolution for the EU and are running against the clock. The FTSE 100 stock market index has found...read more: FTSE 100 Stock Market Index Sees Support Ahead of EU Summit News
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Commodity Spread Betting: Gold Declines on Chinese Growth Concerns updated 19-Oct-11 |
Gold's decline was far from coming to an end yesterday, as the commodity spread betting market was dragged down by concerns about Chinese growth and...read more: Commodity Spread Betting: Gold Declines on Chinese Growth Concerns
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EUR/USD Spreads Drop on German Eurozone Solution Comments updated 18-Oct-11 |
Despite trading near a one month high, the EUR/USD forex pair dropped drastically on news that German leaders think it is unrealistic to find a solution for eurozone debt problems by...read more: EUR/USD Spreads Drop on German Eurozone Solution Comments
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Financial Spread Betting Investors Boost Equities Ahead of European Council Summit updated 17-Oct-11 |
Despite nothing but rhetoric coming out of the G20 meeting at the weekend, financial spread betting investors are continuing to buy equities ahead of the key European Council summit this...read more: Financial Spread Betting Investors Boost Equities Ahead of European Council Summit
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FTSE Spreads Maintain Strength Despite Spanish Ratings Downgrade updated 14-Oct-11 |
The FTSE is flat at the moment as we end the week relatively quietly despite a ratings agency downgrade to Spain's sovereign debt. The likes of S&P and Moody are...read more: FTSE Spreads Maintain Strength Despite Spanish Ratings Downgrade
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Currency Spreads: Rising Australian Dollar Sees AUD/USD Break Above Parity updated 13-Oct-11 |
The Dollar was the whipping boy yesterday and one of the biggest gainers was the Australian Dollar which is now well back above parity. The AUD/USD is at...read more: Currency Spreads: Rising Australian Dollar Sees AUD/USD Break Above Parity
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Forex Spread Betting: Euro Sees Range Trading on Slovakian EFSF Vote updated 12-Oct-11 |
The future of the Eurozone hangs in the balance after the expansion plans of the EFSF failed to receive Slovakian approval. Forex spread betting markets were...read more: Forex Spread Betting: Euro Sees Range Trading on Slovakian EFSF Vote
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FTSE Spread Betting Market Recovers Quickly Despite Eurozone Concerns updated 11-Oct-11 |
Despite banks in European being bailed out and the Eurozone remaining on a knife edge, the FTSE spread betting market has risen back to the 5400 level in...read more: FTSE Spread Betting Market Recovers Quickly Despite Eurozone Concerns
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Index Spread Trading: UK 100 Struggles Despite Strong US NFP Data updated 10-Oct-11 |
Despite the better than expected Non Farm Payroll data released on Friday, the UK blue chip index spread trading market only managed to...read more: Index Spread Trading: UK 100 Struggles Despite Strong US NFP Data
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Forex Spread Trading Markets See Euro Spike on ECB Plan updated 07-Oct-11 |
Forex spread trading investors took the news with great delight that the ECB were to freeze interest rates at 1.5% and plans to buy ?40bn of bank...read more: Forex Spread Trading Markets See Euro Spike on ECB Plan
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Commodity Spread Betting: Gold Rises on European Investor Optimism updated 06-Oct-11 |
With the commodity spread betting markets bouncing back and equity markets showing a good recovery, investors were keen to help push gold higher as...read more: Commodity Spread Betting: Gold Rises on European Investor Optimism
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Financial Spread Betting Markets See Dow Jones Rally Off Support updated 05-Oct-11 |
Financial spread betting markets are in turmoil and there's no doubting that. Last night the Dow Jones was in serious negative mode and had almost dipped into technical bear market territory before buyers...read more: Financial Spread Betting Markets See Dow Jones Rally Off Support
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Euro / Yen Spreads Hit 10 Year Low as EU Delays Greek Loan updated 04-Oct-11 |
Forex spread betting investors are still very much on edge as European finance ministers have now pushed back the release of Greece's next loan. The Euro hit a ten year low against the Yen and...read more: Euro / Yen Spreads Hit 10 Year Low as EU Delays Greek Loan
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FTSE Spread Betting Market Struggles as Greece Misses Defecit Targets updated 03-Oct-11 |
The FTSE spread betting market is struggling this morning after Greece announced that they will fail to meet their deficit targets for both this year and next. As a result, the troika shouldn't give...read more: FTSE Spread Betting Market Struggles as Greece Misses Defecit Targets
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UK 100 Shares: Falling Copper Demand Weighs on Miners updated 30-Sep-11 |
The fall for the UK 100 could be down to the decrease in demand for copper and their respective miners. Copper is taking its biggest beating since the...read more: UK 100 Shares: Falling Copper Demand Weighs on Miners
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FTSE Spreads Fall on Financial Transaction Tax Comments updated 29-Sep-11 |
The Tobin tax proposed by the President of the European Commission is probably an even greater threat to the economic recovery of its member states than anything else. This morning the FTSE is seeing the...read more: FTSE Spreads Fall on Financial Transaction Tax Comments
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FTSE Spread Betting Market Trades Wide Range Amid Volatility updated 28-Sep-11 |
Volatility is dangerously high and makes for difficult trading conditions especially as no one knows what the outcome of the Eurozone will be. The FTSE has been oscillating between 5400 and 5000, albeit...read more: FTSE Spread Betting Market Trades Wide Range Amid Volatility
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Shares Spread Betting Strength Encourages US Dollar Weakness updated 27-Sep-11 |
The strength in the shares spread betting markets is translating to a bit of Dollar weakness across the board, albeit mild weakness. Cable is only a few ticks lighter and...read more: Shares Spread Betting Strength Encourages US Dollar Weakness
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Gold Spreads Tumble $250 as EU Officials Discuss Bailout Leverage updated 26-Sep-11 |
Gold spreads are the fall guy today and, at the time of writing are at $1592, a good bounce off the lows from earlier though. This $250 decline since Thursday has the feeling of a bubble being popped but even...read more: Gold Spreads Tumble $250 as EU Officials Discuss Bailout Leverage
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French CAC 40 Spread Trading Market Sinks as Stock Markets Tumble updated 23-Sep-11 |
European investors are very worried as the French CAC 40 breached its recent lows and now is only a couple of hundred points above its March 2009 low. That's two and a half years of bull market wiped out in...read more: French CAC 40 Spread Trading Market Sinks as Stock Markets Tumble
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Negative Federal Reserve Comments Drag Spread Betting Markets Lower updated 22-Sep-11 |
The spread betting markets are in negative territory and spectacularly so following a gloomy picture that was painted by Ben Bernanke last night. They got what they expected from the Fed as...read more: Negative Federal Reserve Comments Drag Spread Betting Markets Lower
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Spread Betting: FTSE 100 Weakens as IMF Cuts UK Growth Forecasts updated 21-Sep-11 |
The UK Chancellor's nerve will be well and truly tested in the coming months ahead as the IMF has slashed their forecasts for growth with their expectations for Britain's economy to...read more: Spread Betting: FTSE 100 Weakens as IMF Cuts UK Growth Forecasts
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Italian Bonds Spread Betting Markets Rise After Italian Debt Downgrade updated 20-Sep-11 |
European investors have continued their bearish stance following a downgrade of Italy's credit rating by S&P. This morning the Italian bonds spread betting markets are...read more: Italian Bonds Spread Betting Markets Rise After Italian Debt Downgrade
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Equity Spread Betting Markets Fall on Failure to Confirm EU Rescue Plan updated 19-Sep-11 |
Equity markets had probably got ahead of themselves and deep down spread betting investors must have known that nothing would come out of the meeting. It's just yet another...read more: Equity Spread Betting Markets Fall on Failure to Confirm EU Rescue Plan
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FTSE Spread Bets Rise Ahead of EU Finance Ministers Decision updated 16-Sep-11 |
The FTSE is optimistic ahead of any decision reached by the EU finance ministers, up some 30 points, however lower than where we were calling it earlier with our quote hitting...read more: FTSE Spread Bets Rise Ahead of EU Finance Ministers Decision
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GBP/EUR Spread Trading Market Falls on Optimism of EU Rescue Plan updated 15-Sep-11 |
The Euro saw a bit of strength yesterday as hopes of an EU rescue just ticked up a little. However, the move higher for GBP/EUR was swiftly reversed bringing it back...read more: GBP/EUR Spread Trading Market Falls on Optimism of EU Rescue Plan
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Forex Spread Betting: Euro Rises Ahead of Merkel/Sarkozy Conference Call updated 14-Sep-11 |
On the forex spread betting markets, the Euro managed to post a slight gain versus the Dollar as traders took on a bit of risk ahead of the Merkozy conference call, where...read more: Forex Spread Betting: Euro Rises Ahead of Merkel/Sarkozy Conference Call
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Italian Bonds Fail to Rally Despite Rumours of Chinese Involvement updated 13-Sep-11 |
China comes to the rescue of Italy as they show their support for Europe's third biggest economy. Italian bonds have hardly battered an eyelid following the news, with yields pretty much where they...read more: Italian Bonds Fail to Rally Despite Rumours of Chinese Involvement
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French CAC Falls on Expectation of Banking Downgrades and Greek Default updated 12-Sep-11 |
Traders have started the week with a sea of red as European indices are falling, particularly the French stock market which is being absolutely battered. The French CAC 40 is now below the lows of August and so...read more: French CAC Falls on Expectation of Banking Downgrades and Greek Default
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Indices Spread Betting Markets Temper Gains After Bernanke Speech updated 09-Sep-11 |
The indices spread betting markets have taken things in their stride throughout this week and have put in some decent gains. As usual it was Bernanke who market participants were focused on and...read more: Indices Spread Betting Markets Temper Gains After Bernanke Speech
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Optimism Buoys Dow Jones on Expectations of Obama Growth Package updated 08-Sep-11 |
Optimism seems to be sweeping the markets as the Dow Jones put in a very impressive rally overnight. The buying spree was fuelled by the prospect of a growth package from President Obama when he...read more: Optimism Buoys Dow Jones on Expectations of Obama Growth Package
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FX Spread Betting: Swiss Franc Tumbles as SNB Introduces Euro Peg updated 07-Sep-11 |
FX spread betting markets were all about the Swiss Franc yesterday which saw significant weakness after the Swiss National Bank decided to cap the strength in the Franc at SFr 1.2000 to the Euro. This caused...read more: FX Spread Betting: Swiss Franc Tumbles as SNB Introduces Euro Peg
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US Shares: European Trade Drives Dow Jones Futures Lower updated 06-Sep-11 |
The bounce could carry on when US investors return to their desks to see that Europe has driven their Dow Jones futures down over 200 points. Sometimes US shares traders get...read more: US Shares: European Trade Drives Dow Jones Futures Lower
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FTSE Banks Fall as US Launches $200bn Lawsuit on Banking Sector updated 05-Sep-11 |
The announcement by the US of a $200bn lawsuit against the banking sector for the miss-selling of mortgage backed assets is hurting the banks this morning. The FTSE has...read more: FTSE Banks Fall as US Launches $200bn Lawsuit on Banking Sector
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Shares Spread Betting Markets Settle Slightly After August Volatility updated 02-Sep-11 |
The shares spread betting markets seem to have steadied themselves so far this week but that doesn't mean the volatility is over. Already this morning there's a little bit of...read more: Shares Spread Betting Markets Settle Slightly After August Volatility
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AUD/USD Forms Bullish Candlestick Pattern After Rebound From Parity updated 01-Sep-11 |
AUD/USD stands out on the currency markets, having recovered from hitting parity at one stage early on in August. It has formed a massive hammer candlestick on...read more: AUD/USD Forms Bullish Candlestick Pattern After Rebound From Parity
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Index Spread Trading Markets Suffer After Global Growth Revisions updated 31-Aug-11 |
The index spread trading markets have had a massive shake out and corrected to the downside due to the revisions downwards to global growth. However at the moment...read more: Index Spread Trading Markets Suffer After Global Growth Revisions
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FX Spread Betting Markets Continue to See Relatively Low Volatility updated 30-Aug-11 |
Volatility in the FX spread betting markets over the past couple of weeks has actually been relatively low, when compared to equity markets, with...read more: FX Spread Betting Markets Continue to See Relatively Low Volatility
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European Stocks Open Lower After Weakness From American Shares updated 26-Aug-11 |
Not a great start to the day, especially after the Far East did it's best to take us higher after the weakness for American shares. Yesterday was also a real...read more: European Stocks Open Lower After Weakness From American Shares
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Spread Betting Account Holders Trade Ranges on USD/JPY Market updated 25-Aug-11 |
The market that is proving most fruitful for spread betting account holders in recent weeks has been buying the Dollar versus the Yen whenever we approach...read more: Spread Betting Account Holders Trade Ranges on USD/JPY Market
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US Equities Move Higher on Hopes that Bernanke Will Introduce More QE updated 24-Aug-11 |
The US equities markets rallied on the hopes for Bernanke to 'do something' later in the week but this seems to have played out to...read more: US Equities Move Higher on Hopes that Bernanke Will Introduce More QE
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US Crude Oil Sees Gains Despite Dollar Strength as Equities Rise updated 23-Aug-11 |
US crude oil extended its recent gains, with the equity markets strengthening, and ignored the slight advance in the Dollar which normally puts a ceiling on...read more: US Crude Oil Sees Gains Despite Dollar Strength as Equities Rise
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Stock Market Indices See Gains After German GDP Inspired Declines updated 22-Aug-11 |
We are seeing buying on almost all fronts from gold to crude oil and back to equities and stock market indices. The lows on Friday proved too much...read more: Stock Market Indices See Gains After German GDP Inspired Declines
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Dax 30 Continues to Struggle on Poor German Growth Figures updated 18-Aug-11 |
The Dax 30 index is not looking great with the market slowly giving up the bounce of Thursday and Friday last week. Over and above everything hangs the GDP number which came in so weak versus...read more: Dax 30 Continues to Struggle on Poor German Growth Figures
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Forex Spread Betting Markets Remain Calm as Pound Regains Losses updated 17-Aug-11 |
The forex spread betting markets are fairly peaceful at the moment, watching everything else rush about, with the Pound regaining some of its ground lost and...read more: Forex Spread Betting Markets Remain Calm as Pound Regains Losses
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Weak German GDP Data Weighs on Indices Spread Betting Markets updated 16-Aug-11 |
Weaker than expected German GDP data has put some pressure on the financial markets this morning. This data is particularly troubling given that much of Europe is relying on Germany to...read more: Weak German GDP Data Weighs on Indices Spread Betting Markets
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Day Trading Investors Hope for Continued Volatility to Create Opportunities updated 15-Aug-11 |
Day trading investors will be hoping for more of the last few weeks, with the increased volatility creating opportunities galore, although to be fair creating fear in pretty much the same...read more: Day Trading Investors Hope for Continued Volatility to Create Opportunities
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Spread Trading Investors Consider Stability of European Funding Markets updated 12-Aug-11 |
Spread trading investors seem to be focussing on the questions hanging over the heads of European nations about the stability of funding markets and authorities struggling to solve the crisis of...read more: Spread Trading Investors Consider Stability of European Funding Markets
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Indices Spread Betting Markets Continue to See Volatility After Downside Moves updated 11-Aug-11 |
Caution continues as volatility remains at well above average levels. The major moves in the indices spread betting markets are a characteristic of markets following such a substantial move to...read more: Indices Spread Betting Markets Continue to See Volatility After Downside Moves
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FX Spread Betting: Dollar Weakens as FOMC Meeting Boosts Euro updated 10-Aug-11 |
The Dollar was the dog of yesterday's session on the FX spread betting markets. This came following the FOMC meeting, which caused the Euro to gain ground back to above...read more: FX Spread Betting: Dollar Weakens as FOMC Meeting Boosts Euro
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Spread Trading 9 Aug 11 updated 09-Aug-11 |
The Euro - Dollar spread betting market had a disastrous day yesterday and at one point had fallen nearly 300 pips. Sovereign debt is back on the table and is a big worry...read more: Spread Trading 9 Aug 11
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Spread Trading 8 Aug 11 updated 08-Aug-11 |
The Dollar has been beaten around the head again after the US downgrade with USD/JPY reversing all its gains from Thursday and Friday after the Bank of Japan's intervention. It briefly...read more: Spread Trading 8 Aug 11
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Spread Trading 5 Aug 11 updated 05-Aug-11 |
We are now at panic stations as last night the Dow Jones just fell and fell and then kept on falling. Many other indices are nursing heavy losses for the year having fallen over 20% from...read more: Spread Trading 5 Aug 11
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Spread Trading 4 Aug 11 updated 04-Aug-11 |
It's all doom and gloom for the spread betting markets at the moment, but at least this morning things look just a little bit better after US markets recovered slightly from their lows. The FTSE is...read more: Spread Trading 4 Aug 11
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Spread Trading 3 Aug 11 updated 03-Aug-11 |
So the FTSE is being dragged down to the mid 5600 area which, for the moment at least, seems to be providing a little bit of support. The more worrying thing from a technical analysis point of view is...read more: Spread Trading 3 Aug 11
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Spread Trading 2 Aug 11 updated 02-Aug-11 |
Yesterday's sharp correction for indices is definitely a cause for concern as the spread betting markets don't usually react to a PMI number so significantly. The fact that...read more: Spread Trading 2 Aug 11
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Spread Trading 1 Aug 11 updated 01-Aug-11 |
HSBC has got the UK banks off to a good start by beating revenue and profit forecasts, as well as trying to step up its cost cutting plans by shedding more jobs. Throughout the week...read more: Spread Trading 1 Aug 11
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Spread Trading 29 Jul 11 updated 29-Jul-11 |
This morning fear is definitely starting to creep in and even the bonds spread betting markets are getting a little nervous as yields start to head higher. Time really is...read more: Spread Trading 29 Jul 11
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Spread Trading 28 Jul 11 updated 28-Jul-11 |
The US debt ceiling issue is proving to be the main driving force within the financial spread betting markets at the moment and it isn't making...read more: Spread Trading 28 Jul 11
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Spread Trading 27 Jul 11 updated 27-Jul-11 |
Gold continues to be propped up by the US debt issue, so if we see any resolution there could be a little snap back and even a move back towards $1600. Oil inventories...read more: Spread Trading 27 Jul 11
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Spread Trading 26 Jul 11 updated 26-Jul-11 |
EUR/USD was, in all honesty, part of a not very exciting tug of war on the forex spread betting markets yesterday. At one end of the rope was Moody's who cut the credit rating for Greece to...read more: Spread Trading 26 Jul 11
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Spread Trading 25 Jul 11 updated 25-Jul-11 |
Just when you thought it was safe to dip your toe back into the equity spread betting markets, sellers drive us lower. US politicians have been unable to agree on the...read more: Spread Trading 25 Jul 11
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Spread Trading 22 Jul 11 updated 22-Jul-11 |
After the UK bluechip index spread trading market closed a volatile trading session, 137 point range, 46 points higher on Thursday at 5899. Investors saw the rally continue...read more: Spread Trading 22 Jul 11
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Spread Trading 21 Jul 11 updated 21-Jul-11 |
The gold spread betting market has dragged itself back above $1600 after a brief time below it yesterday. The all time high around $1610 will be the target and this could be...read more: Spread Trading 21 Jul 11
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Spread Trading 20 Jul 11 updated 20-Jul-11 |
In commodities spread betting a sharp snap back in the price of gold and silver yesterday caught a lot of bulls off guard. The pressure came from expectations of a deal on the...read more: Spread Trading 20 Jul 11
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Spread Trading 19 Jul 11 updated 19-Jul-11 |
The big Wall Street names to report today are Apple, Goldman Sachs, Bank of America and Yahoo. There's no UK economic data today but...read more: Spread Trading 19 Jul 11
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Spread Trading 18 Jul 11 updated 18-Jul-11 |
So the markets have commenced the trading week on the back foot with the FTSE 100 spread betting market hovering above the 5800 level. Risk aversion is definitely...read more: Spread Trading 18 Jul 11
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Spread Trading 15 Jul 11 updated 15-Jul-11 |
Uncertainty about the European banking stress tests is causing the Euro to take a sharp dive against the Dollar on the FX spread betting markets this morning. Although the...read more: Spread Trading 15 Jul 11
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Spread Trading 14 Jul 11 updated 14-Jul-11 |
The gold spread betting market is doing very after the ''Bernanke rally'' and is being further supported by Moody's threatening to downgrade US debt. At $1585 this...read more: Spread Trading 14 Jul 11
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Spread Trading 13 Jul 11 updated 13-Jul-11 |
It's clear that Italian voters want to see the back of Berlusconi and he is reluctant to make himself more unpopular by pushing through austerity packages. As a result the spread betting markets are...read more: Spread Trading 13 Jul 11
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Spread Trading 12 Jul 11 updated 12-Jul-11 |
The Euro - Dollar forex pair took, and is continuing to take, a severe beating as we sink deeper into worry about the actual state of the Eurozone debt situation. As yields continue to rise...read more: Spread Trading 12 Jul 11
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Spread Trading 11 Jul 11 updated 11-Jul-11 |
The indices spread betting markets got a severe shock at the end of last week, having recovered so well in the space of a few days. The rot commenced following the awful NFP number and...read more: Spread Trading 11 Jul 11
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Spread Trading 8 Jul 11 updated 08-Jul-11 |
The gold spread betting market is in profit taking mode this morning just a few Dollars in the red and at $1527. Back above the 20 and 50 day moving averages bulls are...read more: Spread Trading 8 Jul 11
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Spread Trading 7 Jul 11 updated 07-Jul-11 |
The real worry for financial spread betting markets yesterday was the massive spike in government bond yields for the periphery. Portugal's 10 year yield spiked massively to well over 13%. Despite this the...read more: Spread Trading 7 Jul 11
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Spread Trading 6 Jul 11 updated 06-Jul-11 |
And so the European vicious circle continues with the spotlight focusing on Portugal once again. It's little surprise to see the FTSE is profit taking mode, signs of which...read more: Spread Trading 6 Jul 11
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Spread Trading 5 Jul 11 updated 05-Jul-11 |
After trading near a three week high against the Dollar on the forex spread betting markets, the Euro has dropped off this morning and is trading around $1.4465. At first it seemed that S&P's comments...read more: Spread Trading 5 Jul 11
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Spread Trading 4 Jul 11 updated 04-Jul-11 |
The AUD/USD has come off after data showing that retail sales for May had declined, which might mean that policy makers in Australia will be leaving rates where...read more: Spread Trading 4 Jul 11
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Spread Trading 1 Jul 11 updated 01-Jul-11 |
For second tier equities in the UK, the FTSE 250 has seen the recent rally bring it almost back to 2011 highs. This in turn means that we are not too far off its all time high around...read more: Spread Trading 1 Jul 11
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Spread Trading 30 Jun 11 updated 30-Jun-11 |
For some at least the losses in the shares spread betting markets up to now have presented a buying opportunity. And who can blame the bulls when equities...read more: Spread Trading 30 Jun 11
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Spread Trading 29 Jun 11 updated 29-Jun-11 |
Crude oil is bouncing with no appetite to short below $105, for Brent. We are back above $108.20/50, which was the support through May, and the Bulls will be looking for...read more: Spread Trading 29 Jun 11
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Spread Trading 28 Jun 11 updated 28-Jun-11 |
Sterling dropped yesterday after mortgage interest rates fell to a record low and the BoE said that the UK is at little risk of inflation, which ultimately means it's increasingly unlikely that rates will...read more: Spread Trading 28 Jun 11
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Spread Trading 27 Jun 11 updated 27-Jun-11 |
For all the dire news that's been engulfing the markets over the past few weeks, the shares spread betting markets have actually held up relatively well considering. For now key support around...read more: Spread Trading 27 Jun 11
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Spread Trading 24 Jun 11 updated 24-Jun-11 |
The Pound tumbled against the Dollar on the FX spread betting markets yesterday below the $1.60 mark as UK retail sales index dropped to its weakest in a year. This pretty much reinstates the ...read more: Spread Trading 24 Jun 11
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Spread Trading 23 Jun 11 updated 23-Jun-11 |
Supplies in US crude oil declined whilst refineries increased operating levels to their highest in nearly a year. This larger than expected decline implies a potentially bigger demand, hence the rise in...read more: Spread Trading 23 Jun 11
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Spread Trading 22 Jun 11 updated 22-Jun-11 |
Yet again, investors found sanctuary in gold yesterday, as uncertainty over the Greek vote of confidence and the ever present hurdles for the debt troubled nation kept the precious metal well supported. Adding to...read more: Spread Trading 22 Jun 11
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Spread Trading 21 Jun 11 updated 21-Jun-11 |
The FTSE 100 took a hit as banks and commodity stocks were the casualties and the uncertain situation in Greece encouraged investors out of riskier equity spread betting markets. The main index was down...read more: Spread Trading 21 Jun 11
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Spread Trading 20 Jun 11 updated 20-Jun-11 |
Considering the gold technical analysis, using the 40 day moving average as a base, the yellow metal still has an intraday bias of sideways, with a bullish long term...read more: Spread Trading 20 Jun 11
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Spread Trading 17 Jun 11 updated 17-Jun-11 |
Traders this morning, are still selling out of equities as they are just unsure on direction at the moment. After the FTSE 100 fell 43 points to 5698, traders seem to be on the sidelines...read more: Spread Trading 17 Jun 11
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Spread Trading 16 Jun 11 updated 16-Jun-11 |
The bargain hunters were on the loose yesterday, using silver as the cheaper than gold hedge against rising inflation after higher than expected consumer prices in the US were released. Its industrial applications...read more: Spread Trading 16 Jun 11
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Spread Trading 15 Jun 11 updated 15-Jun-11 |
The FTSE 100 had a good day yesterday closing nearly 30 points higher at 5803, as traders were buying into oil companies and banks in search of appetite for...read more: Spread Trading 15 Jun 11
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Spread Trading 14 Jun 11 updated 14-Jun-11 |
Chinese inflation figures released overnight appeared to signal all is well in world economies, by being higher than expected. So we duly shook off all negative thoughts of new lows on the year, which we set in the Nasdaq on...read more: Spread Trading 14 Jun 11
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Spread Trading 13 Jun 11 updated 13-Jun-11 |
US equities haven't performed at all well recently, with the Dow hitting its longest losing weekly sequence since 2002. This is particularly hard to take since the S&P had managed to...read more: Spread Trading 13 Jun 11
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Spread Trading 10 Jun 11 updated 10-Jun-11 |
Both US crude and Brent crude moved slightly higher yesterday on supply concerns over a possible OPEC break up. However, as Korea's central bank increased rates...read more: Spread Trading 10 Jun 11
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Spread Trading 9 Jun 11 updated 09-Jun-11 |
On the currency front the love affair with the Swiss Franc and the Japanese Yen continues almost unabated with the Euro tugging on the coat tails as well. Currently the...read more: Spread Trading 9 Jun 11
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Spread Trading 8 Jun 11 updated 08-Jun-11 |
The FTSE is starting this morning pretty much where it left off yesterday and is at 5855 at the time of writing. The key downside levels are 5810/20 and then 5780/90 where...read more: Spread Trading 8 Jun 11
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Spread Trading 7 Jun 11 updated 07-Jun-11 |
Silver seems to have finished licking its wounds from the recent correction and investors are now buying into the dips, allowing the metal to chase gold's performance. On the back of...read more: Spread Trading 7 Jun 11
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Spread Trading 6 Jun 11 updated 06-Jun-11 |
The Euro has remained remarkably resilient in the face of all the Eurozone turmoil with the EUR/USD spread betting market putting on 2.5% last week. The sharp bounce off...read more: Spread Trading 6 Jun 11
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Spread Trading 3 Jun 11 updated 03-Jun-11 |
The FTSE 250 is a mere 1.5% off its all time highs, making a mockery of its bigger brother which is still a whopping 18% off its all time highs. Compare that to the Dow and DAX 30, which are 16% and 14% off their...read more: Spread Trading 3 Jun 11
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Spread Trading 2 Jun 11 updated 02-Jun-11 |
Gold bounced in a big way yesterday after Greece had their credit rating cut and hit $1550 which was last hit on the 3rd of May. It came back a bit after all the excitement and...read more: Spread Trading 2 Jun 11
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Spread Trading 1 Jun 11 updated 01-Jun-11 |
Once again the bounce we saw on the shares spread betting markets yesterday fizzled out and investors simply can't seem to push us meaningfully higher. The 6000-15 area was seen as an...read more: Spread Trading 1 Jun 11
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Spread Trading 31 May 11 updated 31-May-11 |
The Euro is the star of the FX spread betting markets so far today with EUR/USD spiking higher to $1.4410. This has brought it back above the 20 and 50 day moving averages, indicating that...read more: Spread Trading 31 May 11
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Spread Trading 27 May 11 updated 27-May-11 |
The silver spread betting market has seen a bit of a rebound throughout the week but yesterday put an end to the recent strength as it gave back earlier gains. The $30/35 area still...read more: Spread Trading 27 May 11
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Spread Trading 26 May 11 updated 26-May-11 |
This morning the FTSE 100 shares are drifting a little higher on the back of the US strength last night, trading at 5885 at the time of writing. The price action of the past couple of weeks has been...read more: Spread Trading 26 May 11
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Spread Trading 25 May 11 updated 25-May-11 |
The crude oil spread betting markets were buoyed by Goldman Sachs' call that crude will hit $130 a barrel. It almost seems unfair that when the world's most famous investment bank speaks the...read more: Spread Trading 25 May 11
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Spread Trading 24 May 11 updated 24-May-11 |
Gold is comfortably back inside its $1500 zone and has been pushing higher this morning, nearly hitting $1520. With ratings agencies threatening downgrades...read more: Spread Trading 24 May 11
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Spread Trading 23 May 11 updated 23-May-11 |
Since the recent failure to take out the 2011 highs around 6100 the FTSE 100 has made two attempts at getting back up there but the lack of momentum has formed two lower highs...read more: Spread Trading 23 May 11
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Spread Trading 20 May 11 updated 20-May-11 |
So the shares spread betting markets head towards the weekend with news that Glencore's float slightly disappointed investors with the shares ending flat on the day. On the other hand...read more: Spread Trading 20 May 11
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Spread Trading 19 May 11 updated 19-May-11 |
With the ongoing news of the Eurozone debt situation, this may prove to be another big driver that sees the gold spread trading market push back to its lofty heights of last month. It is currently...read more: Spread Trading 19 May 11
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Spread Trading 18 May 11 updated 18-May-11 |
FX spread betting markets on the whole had quite a volatile session, in particular for Sterling. It rallied higher on the back of the inflation data before traders went ''hang on a second, this doesn't make...read more: Spread Trading 18 May 11
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Spread Trading 17 May 11 updated 17-May-11 |
The FTSE has made a decent recovery from its lows already this morning having commenced the session below 5900 and now its back above there as UK shares are being assisted by the telecoms sector. Vodafone's numbers were...read more: Spread Trading 17 May 11
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Spread Trading 16 May 11 updated 16-May-11 |
The assumption that Greece will be looking to boost its $155bn borrowings caused the Euro - Dollar spread betting market to fall to a seven week low. However, since the early hours...read more: Spread Trading 16 May 11
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Spread Trading 13 May 11 updated 13-May-11 |
For the time being it looks like this buying opportunity is playing out and so the FTSE is seeing a bit of strength early doors. Bulls will want to see a return back to 6000 to confirm this but...read more: Spread Trading 13 May 11
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Spread Trading 12 May 11 updated 12-May-11 |
Yesterday's session reminded investors of what the financial spread betting markets are up against. Firstly, in the case of the UK, the Governor of the Bank of England revised down his forecasts for...read more: Spread Trading 12 May 11
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Spread Trading 11 May 11 updated 11-May-11 |
The Dollar - Yen spread betting market has clawed back some of its losses, creeping back above ¥80.00. At the time of writing it is at ¥80.75 and this...read more: Spread Trading 11 May 11
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Spread Trading 10 May 11 updated 10-May-11 |
Our spread betting account holders have been tentatively buying into the FTSE this morning but not in their usual numbers you?d expect following weakness from the index. The 5900 area remains...read more: Spread Trading 10 May 11
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Spread Trading 9 May 11 updated 09-May-11 |
Investors seem to be shunning UK shares as their returns are being scuppered by the weakness in the currency. On that note, the forex spread betting markets are seeing Sterling weaken...read more: Spread Trading 9 May 11
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Spread Trading 6 May 11 updated 06-May-11 |
This morning the commodity markets are mixed with Brent continuing to head lower but gold is a bit higher. Silver is just lower so far after suffering its biggest one day loss since 1980. This indicates that...read more: Spread Trading 6 May 11
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Spread Trading 5 May 11 updated 05-May-11 |
We have now seen the Australian Dollar fall for the fourth consecutive day and the latest kick is that retail sales fell unexpectedly in March. The assumption now is that rates won't rise for...read more: Spread Trading 5 May 11
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Spread Trading 4 May 11 updated 04-May-11 |
GBP/EUR broke out to the downside beyond support at €1.1200 following yesterday's poor PMI manufacturing data. This morning Sterling continues to remain out of favour with...read more: Spread Trading 4 May 11
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Spread Trading 3 May 11 updated 03-May-11 |
Our spread betting account holders have been selling into the recent strength and are shorting the FTSE this morning even more. Often a momentous occasion marks a turning point for financial markets and...read more: Spread Trading 3 May 11
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Spread Trading 28 Apr 11 updated 28-Apr-11 |
Well, the indices spread betting markets certainly seem to have taken a shine to Mr Bernanke after his inaugural press conference as Fed Chairman caused a 100 point rally in...read more: Spread Trading 28 Apr 11
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Spread Trading 27 Apr 11 updated 27-Apr-11 |
The Euro - Dollar forex rate rose to a 16 month high at $1.4714, as traders gathered that US rates will stay put whilst other global regions are raising theirs to keep inflation...read more: Spread Trading 27 Apr 11
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Spread Trading 26 Apr 11 updated 26-Apr-11 |
Although the Dollar is down this morning, the major commodities spread betting markets are too. Then again, gold smashed its record yesterday, trading over $1,518, so...read more: Spread Trading 26 Apr 11
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Spread Trading 21 Apr 11 updated 21-Apr-11 |
For the forex markets, the Euro is trading up against the Dollar at $1.4625 this morning after reaching its highest level since 2009 yesterday. Spain sold ?3bn of 10 and 13 year dated bonds after...read more: Spread Trading 21 Apr 11
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Spread Trading 20 Apr 11 updated 20-Apr-11 |
We said yesterday that the gold spread betting market was expected to hit the psychological $1,500 level at some point this week. Well it managed it that day, and is now past that and...read more: Spread Trading 20 Apr 11
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Spread Trading 19 Apr 11 updated 19-Apr-11 |
Silver traded at levels not seen for the last 3 decades, briefly trading above $43.50, and further appreciation is expected. Naturally we saw the price of gold...read more: Spread Trading 19 Apr 11
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Spread Trading 18 Apr 11 updated 18-Apr-11 |
The stock market indices, after having had a rally on Friday afternoon, have given it all back with interest and are continuing to look weak with the FTSE trading below...read more: Spread Trading 18 Apr 11
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Spread Trading 15 Apr 11 updated 15-Apr-11 |
This morning the FTSE 100 is flat as the market turns its attention to the Eurozone once again. Greece's debt yields spiked again yesterday and Moody's have moved one step closer to...read more: Spread Trading 15 Apr 11
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Spread Trading 14 Apr 11 updated 14-Apr-11 |
FX spread betting markets were very quiet yesterday but during the Asian session overnight the riskier currencies benefited from further Dollar weakness. This morning EUR/USD has bounced from its lows...read more: Spread Trading 14 Apr 11
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Spread Trading 13 Apr 11 updated 13-Apr-11 |
Bulls are trying to push the FTSE back above the 6000 level but finding things a little difficult as risk appetite seems to be in sort demand at the moment. Following yesterday's sell off investors are...read more: Spread Trading 13 Apr 11
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Spread Trading 12 Apr 11 updated 12-Apr-11 |
The FTSE and Dow Jones are dangerously near to forming major double tops as they fail to get beyond their 2011 highs at a second attempt. This time the catalyst for the selling is Japan where...read more: Spread Trading 12 Apr 11
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Spread Trading 11 Apr 11 updated 11-Apr-11 |
In forex spread trading the dollar's weakness continues after Friday when the dollar index hit a nineteen month low. The losses aren't so dramatic this morning and it's making a little bit...read more: Spread Trading 11 Apr 11
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Spread Trading 8 Apr 11 updated 08-Apr-11 |
Whilst accelerating inflation is still in the backs of our minds, the gold spread betting market managed to hit another record high at $1467. The trend just seems to go on and according to...read more: Spread Trading 8 Apr 11
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Spread Trading 7 Apr 11 updated 07-Apr-11 |
So the domino effect takes out Portugal now and you can almost hear the spread betting markets saying 'we told you so'. The political fallout didn't help proceedings after the previous vote on...read more: Spread Trading 7 Apr 11
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Spread Trading 6 Apr 11 updated 06-Apr-11 |
The Sterling - Dollar market has so far had four consecutive positive days of gains and is currently trading at $1.6340. UK data reported that the service industry grew at a faster pace...read more: Spread Trading 6 Apr 11
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Spread Trading 5 Apr 11 updated 05-Apr-11 |
Brent crude oil put on another buck and a half whilst Nymex didn't follow suit, thus widening the crack spread. Like the Euro, crude prices remain well supported as the unrest in MENA continues ...read more: Spread Trading 5 Apr 11
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Spread Trading 4 Apr 11 updated 04-Apr-11 |
The gold spread betting market is seeing a bit of strength, bringing it back above $1430 this morning, following a seriously volatile session on Friday after the NFP. The precious metal...read more: Spread Trading 4 Apr 11
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Spread Trading 1 Apr 11 updated 01-Apr-11 |
Risk appetite remains strong within the currency spread betting markets. Both Cable and EUR/USD are seeing a little strength this morning and that's despite the worries that the Eurozone still faces...read more: Spread Trading 1 Apr 11
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Spread Trading 31 Mar 11 updated 31-Mar-11 |
The Euro financial spread betting market ended flat on the day versus the Dollar which suggests a bit of caution ahead of NFP figures tomorrow. The pair has been trading...read more: Spread Trading 31 Mar 11
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Spread Trading 30 Mar 11 updated 30-Mar-11 |
The German Dax in particular is seeing a renewed bit of strength after being one of the indices that suffered the most following the Japanese earthquake. It's back above the 7000 level...read more: Spread Trading 30 Mar 11
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Spread Trading 29 Mar 11 updated 29-Mar-11 |
The gold spread betting market was spooked somewhat by the end of QE2 drawing nearer and there was a bit of profit taking in the precious metal which fed through to the equity market...read more: Spread Trading 29 Mar 11
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Spread Trading 28 Mar 11 updated 28-Mar-11 |
US equities had an especially strong week and are very near to breeching their 2011 highs whilst European bourses are still some three to five percent below theirs as the concerns...read more: Spread Trading 28 Mar 11
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Spread Trading 25 Mar 11 updated 25-Mar-11 |
It's incredible to think that just over a week ago it was as if the world was about to end with stock market indices plummeting, but now the outlook is completely the reverse. A huge amount of people who'd been...read more: Spread Trading 25 Mar 11
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Spread Trading 24 Mar 11 updated 24-Mar-11 |
Even though concerns about the Eurozone are mounting, with downgrades to Spanish banks and the Portuguese premier resigning, the FTSE spread betting market is happy to test the 5800 level...read more: Spread Trading 24 Mar 11
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Spread Trading 23 Mar 11 updated 23-Mar-11 |
Japan's government has put an estimate on the damage by the tsunami so far at around $309bn and we've seen the Nikkei spread betting market drop 1.6% this morning, pushing investors back into the safe haven...read more: Spread Trading 23 Mar 11
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Spread Trading 22 Mar 11 updated 22-Mar-11 |
The Nikkei had a remarkable day with gains of above and beyond expectations taking the index over four percent higher to close above the 9600 level. Japanese investors returned from...read more: Spread Trading 22 Mar 11
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Spread Trading 21 Mar 11 updated 21-Mar-11 |
The FTSE is on the verge of testing 5800 this morning and is currently at 5785 at the time of writing with the telecom sector standing out from the crowd, a nice defensive sector for investors...read more: Spread Trading 21 Mar 11
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Spread Trading 18 Mar 11 updated 18-Mar-11 |
The gold spread betting market has found its momentum back with a gradual rise from below $1400 to sit at $1412 this morning. The precious metal had a shake out this week but looks to...read more: Spread Trading 18 Mar 11
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Spread Trading 17 Mar 11 updated 17-Mar-11 |
Natural disasters, man-made disasters, social and political unrest, civil war, sovereign debt downgrades. All together they don't mix very well with the shares spread betting markets which...read more: Spread Trading 17 Mar 11
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Spread Trading 16 Mar 11 updated 16-Mar-11 |
There's still a fear that any rally would be short lived so it's too early to get in and investors should wait until the all clear is given in Japan. The Nikkei, which closed back above 9000...read more: Spread Trading 16 Mar 11
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Spread Trading 15 Mar 11 updated 15-Mar-11 |
Last night's move was the third worst decline in the Nikkei 225's history and there's fear that there could be more to come. The index has now lost sixteen percent in two trading sessions...read more: Spread Trading 15 Mar 11
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Spread Trading 14 Mar 11 updated 14-Mar-11 |
As Europe awakes the Far East counts the cost of the devastating earthquake that hit last Friday. The Japanese Nikkei has plummeted over 5% overnight with expectations of it going further as...read more: Spread Trading 14 Mar 11
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Spread Trading 11 Mar 11 updated 11-Mar-11 |
Currency spread betting markets have seen Dollar strength so far this week as the US currency's safe haven attribute comes into play, although this could also be seen as a...read more: Spread Trading 11 Mar 11
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Spread Trading 10 Mar 11 updated 10-Mar-11 |
Spanish downgrades and bombings of oil installations in Libya are a recipe for a sell off in European markets this morning. The FTSE spread betting market is below 5900 and continues to struggle...read more: Spread Trading 10 Mar 11
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Spread Trading 9 Mar 11 updated 09-Mar-11 |
The indecision amongst investors continues as the FTSE couldn't reclaim the 6000 level after yet another day of yo-yo movements for the UK shares markets. The FTSE's afternoon session...read more: Spread Trading 9 Mar 11
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Spread Trading 8 Mar 11 updated 08-Mar-11 |
FX spread betting markets suffered a bout of risk aversion late on in yesterday's session with the Dollar benefiting against its counterparts. This morning there's little improvement...read more: Spread Trading 8 Mar 11
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Spread Trading 7 Mar 11 updated 07-Mar-11 |
Apart from all the crises things are relatively quiet in the financial spread betting markets and the commencement of trading today has not exactly been explosive...read more: Spread Trading 7 Mar 11
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Spread Trading 4 Mar 11 updated 04-Mar-11 |
As a result of Trichet's boldness the Euro - Dollar spread betting market spiked to nearly hit the $1.4000 level but its advances were halted somewhat by...read more: Spread Trading 4 Mar 11
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Spread Trading 3 Mar 11 updated 03-Mar-11 |
The gold spread betting market hit a record high yesterday. Interestingly the profit taking we're seeing in the underlying market this morning is not rubbing off on our spread betting account holders...read more: Spread Trading 3 Mar 11
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Spread Trading 2 Mar 11 updated 02-Mar-11 |
The FTSE is suffering this morning after a poor session from Asian markets and already we're testing the lows marked last week when the Libyan panic was just...read more: Spread Trading 2 Mar 11
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Spread Trading 1 Mar 11 updated 01-Mar-11 |
Forex markets continue to have a Dollar negative slant to them. The US Dollar index marked a new three month low yesterday and its break below 77.000 is not a good sign...read more: Spread Trading 1 Mar 11
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Spread Trading 28 Feb 11 updated 28-Feb-11 |
The gold spread betting market jumped back above $1410 over the weekend and is hovering around there this morning. The bulls seem to be waiting for...read more: Spread Trading 28 Feb 11
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Spread Trading 25 Feb 11 updated 25-Feb-11 |
UK shares just seem to be holding onto their own this morning having formed a low yesterday and the odd bulls seems to be re-emerging from the shed to...read more: Spread Trading 25 Feb 11
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Spread Trading 24 Feb 11 updated 24-Feb-11 |
It's been difficult to focus on the corporate earnings this week but today has seen our part nationalised bank RBS announcing that they are both back in profit and...read more: Spread Trading 24 Feb 11
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Spread Trading 23 Feb 11 updated 23-Feb-11 |
As the problems with Libya continue to rumble on the financial spread betting markets may have to get used to this one lasting a while. The problem with...read more: Spread Trading 23 Feb 11
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Spread Trading 22 Feb 11 updated 22-Feb-11 |
US stocks have continued to grind higher in the US which usually makes consumers feel happier so expectations are at least for a small rise in confidence. Despite gold getting...read more: Spread Trading 22 Feb 11
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Spread Trading 21 Feb 11 updated 21-Feb-11 |
The Australian Dollar is just seeing some profit taking as it finds the $1.0100/1.0150 area too hot to handle. AUD/USD has found the parity region...read more: Spread Trading 21 Feb 11
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Spread Trading 18 Feb 11 updated 18-Feb-11 |
Already this morning Germany has seen inflation data much higher, in fact double, than expectations with the culprit being the higher commodity spread betting market...read more: Spread Trading 18 Feb 11
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Spread Trading 17 Feb 11 updated 17-Feb-11 |
Brent crude oil had an interesting session yesterday, careering to a new high after reports that two Iranian military boats were sailing through the Suez Canal. Crude has...read more: Spread Trading 17 Feb 11
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Spread Trading 16 Feb 11 updated 16-Feb-11 |
Worse than expected retail sales in North America were the main cause for the lack of momentum behind US financial spread betting markets...read more: Spread Trading 16 Feb 11
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Spread Trading 15 Feb 11 updated 15-Feb-11 |
St Valentine didn't provide a box of chocolates or roses for the UK shares markets yesterday which tracked sideways as investors were distracted by continued social unrest in the Middle East...read more: Spread Trading 15 Feb 11
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Spread Trading 14 Feb 11 updated 14-Feb-11 |
The gold spread trading market seems to be biding its time and is content drifting sideways around $1360 for now. The recent bounce from $1310...read more: Spread Trading 14 Feb 11
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Spread Trading 11 Feb 11 updated 11-Feb-11 |
The forex spread betting markets were mixed yesterday but the winner was the Dollar which made good ground against the Yen, Australian Dollar and Euro...read more: Spread Trading 11 Feb 11
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Spread Trading 10 Feb 11 updated 10-Feb-11 |
Crude oil spread betting prices are once again mixed with Brent in the black and Nymex in the red. Brent had a good run higher and is firmly...read more: Spread Trading 10 Feb 11
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Spread Trading 9 Feb 11 updated 09-Feb-11 |
The FTSE spreads market shrugged off the rate hike by China yesterday and mining stocks in particular recovered well from their lows. In fact the benchmark index finally...read more: Spread Trading 9 Feb 11
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Spread Trading 8 Feb 11 updated 08-Feb-11 |
The earnings season in the UK is just starting to get underway with Randgold yesterday benefiting from record high gold prices and Xstrata this morning seeing profit rise...read more: Spread Trading 8 Feb 11
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Spread Trading 7 Feb 11 updated 07-Feb-11 |
Crude oil spread trading investors witnessed how markets can move aggressively in the opposite direction to a trend. Brent saw the profit taking bring it back below $100 and...read more: Spread Trading 7 Feb 11
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Spread Trading 4 Feb 11 updated 04-Feb-11 |
The recent Dollar weakness has finally led to a move by gold spreads to test the $1350/2 area. Bernanke's comments were also supportive of strength for the precious metal...read more: Spread Trading 4 Feb 11
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Spread Trading 3 Feb 11 updated 03-Feb-11 |
The FTSE spread betting market continues to lag other global indices such as the Dax and the Dow which hit new two and a half year highs yesterday although they...read more: Spread Trading 3 Feb 11
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Spread Trading 2 Feb 11 updated 02-Feb-11 |
The Euro had another run higher on the FX spread betting markets as risk appetite swept back through the equity markets and traders sold the Dollar...read more: Spread Trading 2 Feb 11
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Spread Trading 1 Feb 11 updated 01-Feb-11 |
Looking at what our spread betting account holders are up to in the indices, it would seem that they think the bulls will reign supreme once again as overall they are buyers of the FTSE and sellers of the...read more: Spread Trading 1 Feb 11
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Spread Trading 31 Jan 11 updated 31-Jan-11 |
Geopolitical tensions in the Middle East are never a good thing for financial markets and last Friday we saw just how they can affect oil prices in particular. The US crude oil spread betting market jumped from $85 to...read more: Spread Trading 31 Jan 11
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Spread Trading 28 Jan 11 updated 28-Jan-11 |
Our financial spread betting clients are heavily short of the indices. In particular they seem to be looking for the US ones to fall as they have had the strongest run. In fact when you look at the spread betting candlestick charts...read more: Spread Trading 28 Jan 11
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Spread Trading 27 Jan 11 updated 27-Jan-11 |
The FTSE continues to languish below the 6000 level this morning having drifting in and out of gains and US stocks couldn't add to their remarkable gains...read more: Spread Trading 27 Jan 11
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Spread Trading 26 Jan 11 updated 26-Jan-11 |
The stock market weakness caused further downside for the crude oil spread betting market yesterday as the black stuff retreated further from the $100 level...read more: Spread Trading 26 Jan 11
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Spread Trading 25 Jan 11 updated 25-Jan-11 |
The Dow Jones almost closed above 12000 and its futures are testing there this morning and this has lifted the FTSE off its lows of the previous week...read more: Spread Trading 25 Jan 11
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Spread Trading 24 Jan 11 updated 24-Jan-11 |
Currency spread betting markets have a slight bias towards the Dollar this morning with the US curreny making gains across the board. EUR/USD has drifted...read more: Spread Trading 24 Jan 11
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Spread Trading 21 Jan 11 updated 21-Jan-11 |
The FTSE 100 plummeted below its 20 day moving average and, generally, when we've seen that in the past few months it was followed by more selling...read more: Spread Trading 21 Jan 11
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Spread Trading 20 Jan 11 updated 20-Jan-11 |
EUR/USD had another strong day on the FX spread betting markets, having a go at the $1.3500 level before ending the day just below it. It's one step closer towards...read more: Spread Trading 20 Jan 11
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Spread Trading 19 Jan 11 updated 19-Jan-11 |
The strength in the indices spread betting markets is bringing out the sellers again as our clients continue to oppose the move higher. It's a brave position to hold...read more: Spread Trading 19 Jan 11
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Spread Trading 18 Jan 11 updated 18-Jan-11 |
Apple's stock will also be focused on today as they announce their earnings on a day when their CEO Steve Jobs has been hitting the headlines for taking medical leave...read more: Spread Trading 18 Jan 11
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Spread Trading 17 Jan 11 updated 17-Jan-11 |
Some riskier stocks are better with the focus being BP after their deal with Russian government owned Rosneft. Despite softer crude prices BP and...read more: Spread Trading 17 Jan 11
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Spread Trading 14 Jan 11 updated 14-Jan-11 |
With Sterling and the Euro both making ground against the Dollar, the gold spread trading market has actually declined in the last couple of days...read more: Spread Trading 14 Jan 11
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Spread Trading 13 Jan 11 updated 13-Jan-11 |
Just when we mentioned that the DAX 30 spread betting market was looking a little sluggish it then had a big jump higher following the bond auctions...read more: Spread Trading 13 Jan 11
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Spread Trading 12 Jan 11 updated 12-Jan-11 |
Markets are benefitting once again from a strong Asian session with the FTSE 100 ticking higher in early trade and the increased appetite for risk...read more: Spread Trading 12 Jan 11
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Spread Trading 11 Jan 11 updated 11-Jan-11 |
The crude oil spread betting market's rise on the back of the BP Alaska leak was restricted to below the $90 mark. At the moment it is at...read more: Spread Trading 11 Jan 11
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Spread Trading 10 Jan 11 updated 10-Jan-11 |
For the FTSE 100 we're back around 5950, just finding support for the time being at Friday's lows. A break below here will open up 5900 and then...read more: Spread Trading 10 Jan 11
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Spread Trading 7 Jan 11 updated 07-Jan-11 |
Expectations for NFP are for a rise of around 150k but estimates range from as low as 90k to as high as 200k. The main thing spread betting account holders will be...read more: Spread Trading 7 Jan 11
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Spread Trading 6 Jan 11 updated 06-Jan-11 |
The recent pull back in many commodity prices so far this year will not be enough to stop underlying prices from rising and the biggest risk...read more: Spread Trading 6 Jan 11
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Spread Trading 5 Jan 11 updated 05-Jan-11 |
Looking at the EUR/CHF spread betting market, the single currency recorded a hefty rally against the Swissy bouncing strongly from the...read more: Spread Trading 5 Jan 11
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Spread Trading 4 Jan 11 updated 04-Jan-11 |
So the spread betting markets start 2011 with a jump in equity markets as the FTSE catches up with its European counterparts who saw strong gains yesterday...read more: Spread Trading 4 Jan 11
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Spread Trading 30 Dec 10 updated 30-Dec-10 |
This morning the FTSE is just on the side of the angels at 5990 having already had a look at 6000, trading above it very early on but...read more: Spread Trading 30 Dec 10
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Spread Trading 29 Dec 10 updated 29-Dec-10 |
In the shares spread betting markets, it's a mixed bag this morning with some strength coming from defensive sectors and the riskier stocks just...read more: Spread Trading 29 Dec 10
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Spread Trading 24 Dec 10 updated 24-Dec-10 |
The Dollar continues to struggle against the Yen and Australian Dollar. USD/JPY dropped almost one percent and is at...read more: Spread Trading 24 Dec 10
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Spread Trading 23 Dec 10 updated 23-Dec-10 |
Currency spreads are a bit flat this morning but favouring the Dollar. Nevertheless, the Euro continues to just about hold the US currency at...read more: Spread Trading 23 Dec 10
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Spread Trading 22 Dec 10 updated 22-Dec-10 |
The crude oil spread trading market teetered below $90 all day yesterday and is just above there at $90.05 this morning. $90 remains the important level...read more: Spread Trading 22 Dec 10
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Spread Trading 21 Dec 10 updated 21-Dec-10 |
Spread betting shares markets continue to brush these European concerns aside and the FTSE was being called to open above the resistance at...read more: Spread Trading 21 Dec 10
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Spread Trading 20 Dec 10 updated 20-Dec-10 |
Trading will be as monotonous as it has been for the past two weeks. However it is an opportunity for spread betting account holders to focus on what lies ahead in 2011...read more: Spread Trading 20 Dec 10
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Spread Trading 17 Dec 10 updated 17-Dec-10 |
Financial Spreads' clients remain bearish of the single currency so they'll be hoping for this little spurt of strength to be short lived and...read more: Spread Trading 17 Dec 10
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Spread Trading 16 Dec 10 updated 16-Dec-10 |
The FTSE 100 index continues to drift within a very tight trading range, but the bias remains to the upside. The precious resistance on last...read more: Spread Trading 16 Dec 10
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Spread Trading 15 Dec 10 updated 15-Dec-10 |
Gold spreads seemed to be content above $1400 having spent the whole day above there yesterday, but has dipped back below is Asia's session...read more: Spread Trading 15 Dec 10
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Spread Trading 14 Dec 10 updated 14-Dec-10 |
EUR / USD spread betting market performed a classic breakout to the upside yesterday and has barely looked back since. The bullish engulfing candlestick...read more: Spread Trading 14 Dec 10
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Spread Trading 13 Dec 10 updated 13-Dec-10 |
The FTSE is seeing a mild bit of strength on the back of no action taken by the Chinese to increase interest rates. This has lifted the miners and banks...read more: Spread Trading 13 Dec 10
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Spread Trading 10 Dec 10 updated 10-Dec-10 |
The financial spread betting markets remain resilient in the face of ever increasing fears over the Eurozone debt crisis as hope is pinned on...read more: Spread Trading 10 Dec 10
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Spread Trading 9 Dec 10 updated 09-Dec-10 |
Forex markets are flat this morning, but the EUR/USD rate has certainly had an exciting ride so far. Overnight in Asian trade the rate was pushed...read more: Spread Trading 9 Dec 10
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Spread Trading 8 Dec 10 updated 08-Dec-10 |
GBP/USD has been oscillating around $1.5700 since its bounce off $1.5500 and is a cross that doesn't seem too sure which way to turn...read more: Spread Trading 8 Dec 10
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Spread Trading 7 Dec 10 updated 07-Dec-10 |
The FTSE is just below the 5800 level so the bulls will have their eyes on breaking higher, testing 5850 and then the year's highs around...read more: Spread Trading 7 Dec 10
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Spread Trading 6 Dec 10 updated 06-Dec-10 |
Gold had a spectacular day on Friday, rewarding those bulls that had remained faithful to the precious metal throughout a shaky move...read more: Spread Trading 6 Dec 10
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Spread Trading 3 Dec 10 updated 03-Dec-10 |
USD/JPY is back to the pre-intervention levels so the Japanese Central bank will be pleased that it bought a huge chunk of Dollars around...read more: Spread Trading 3 Dec 10
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Spread Trading 2 Dec 10 updated 02-Dec-10 |
So the FTSE this morning is due to open on the side of the angels, up by some 20 points after the US maintained its big rally yesterday...read more: Spread Trading 2 Dec 10
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Spread Trading 1 Dec 10 updated 01-Dec-10 |
Gold, as always, remains seemingly the product to buy. The sell off of the last month seems to have run its course and...read more: Spread Trading 1 Dec 10
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Spread Trading 30 Nov 10 updated 30-Nov-10 |
All this risk aversion and European crisis has benefited the US Dollar, with the Dollar index having risen nearly 7% since the...read more: Spread Trading 30 Nov 10
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Spread Trading 29 Nov 10 updated 29-Nov-10 |
So the financial spread betting markets have a small spring in their step this morning. As a minimum the details of the bailout puts the Irish...read more: Spread Trading 29 Nov 10
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Spread Trading 26 Nov 10 updated 26-Nov-10 |
The FTSE and other European spread betting indices seem today to be just wishing that this week was over and they can hope for better things...read more: Spread Trading 26 Nov 10
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Spread Trading 25 Nov 10 updated 25-Nov-10 |
The forex spread trading markets are eerily quiet and flat this morning. For now the rot seems to have stopped for the Euro as the EUR/USD rate...read more: Spread Trading 25 Nov 10
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Spread Trading 24 Nov 10 updated 24-Nov-10 |
In Ireland banking stocks continue to get hammered and it looks like the only option now for the Bank of Ireland is to nationalise it. Such a move...read more: Spread Trading 24 Nov 10
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Spread Trading 23 Nov 10 updated 23-Nov-10 |
The FTSE is sitting on support at 5640 and we are seeing spread betting buyers trickle in, in early action, looking to take advantage of any reversal of the...read more: Spread Trading 23 Nov 10
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Spread Trading 22 Nov 10 updated 22-Nov-10 |
Gold is looking slightly better offer after getting assistance from the dollar weakness this morning. The 50 day moving average has offered up the support that...read more: Spread Trading 22 Nov 10
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Spread Trading 19 Nov 10 updated 19-Nov-10 |
FX spread trading markets are slightly Dollar negative this morning as Ben Bernanke is due to speak to the ECB. Every time an important Treasury member...read more: Spread Trading 19 Nov 10
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Spread Trading 18 Nov 10 updated 18-Nov-10 |
Some Asian markets have seen a correction of nearly 10% since the November highs were set. Not the Japanese Nikkei though, which defied bears...read more: Spread Trading 18 Nov 10
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Spread Trading 17 Nov 10 updated 17-Nov-10 |
The uncertainty over the Ireland situation continues to rock the spread betting markets so this morning sellers are in control...read more: Spread Trading 17 Nov 10
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Spread Trading 16 Nov 10 updated 16-Nov-10 |
The Sterling/Dollar spread betting market has been hovering just above $1.6000 all morning and following the higher CPI data its rallying...read more: Spread Trading 16 Nov 10
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Spread Trading 15 Nov 10 updated 15-Nov-10 |
The crude oil spread trading market is finding some support around its previous resistance of $85. Often past resistance that?s broken to the upside becomes support...read more: Spread Trading 15 Nov 10
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Spread Trading 12 Nov 10 updated 12-Nov-10 |
On the FX spread trading markets the Dollar has made a sudden recovery versus the Euro, it was at $1.4280 just last week, and is now...read more: Spread Trading 12 Nov 10
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Spread Trading 11 Nov 10 updated 11-Nov-10 |
The price of gold is back above $1400 are a brief stint below it yesterday. It's still very difficult to say that this market is looking ''toppy'', but...read more: Spread Trading 11 Nov 10
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Spread Trading 10 Nov 10 updated 10-Nov-10 |
The FTSE is just starting to drift lower and for now the QE2 rally has come to an end and investors are looking for other good news to keep...read more: Spread Trading 10 Nov 10
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Spread Trading 8 Nov 10 updated 08-Nov-10 |
With equity markets so quiet this morning there's little to report for the FTSE spread betting market apart from support and resistance levels. Having broken...read more: Spread Trading 8 Nov 10
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Spread Trading 5 Nov 10 updated 05-Nov-10 |
Currency spread trading markets are matching equities with the Dollar recouping some of its heavy losses of yesterday. The weakness is more pronounced in EUR/USD...read more: Spread Trading 5 Nov 10
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Spread Trading 4 Nov 10 updated 04-Nov-10 |
The volatility was too much for some of our financial spread betting clients and this is a classic example of the dangers of trading over such a crucial figure. For those who enjoyed...read more: Spread Trading 4 Nov 10
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Spread Trading 3 Nov 10 updated 03-Nov-10 |
The results of the US Congressional elections had a muted effect on the financial spread betting markets and the FTSE is just slightly in the red this morning. Resistance remains...read more: Spread Trading 3 Nov 10
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Spread Trading 2 Nov 10 updated 02-Nov-10 |
The big move of this morning in FX market has been AUD/USD following their rate hike earlier. The cross is now at its record high and even touched parity with the US Dollar. Such a...read more: Spread Trading 2 Nov 10
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Spread Trading 1 Nov 10 updated 01-Nov-10 |
Gold spread betting markets continue to creep higher, now at $1361 this morning. Reports that QE II maybe as much as $1 trillion is supporting the precious metal and...read more: Spread Trading 1 Nov 10
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Spread Trading 29 Oct 10 updated 29-Oct-10 |
The forex spread betting markets remain mixed with the main gainer being Sterling against the Euro. Sterling has had a good bounce from the lows since the GDP numbers...read more: Spread Trading 29 Oct 10
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Spread Trading 28 Oct 10 updated 28-Oct-10 |
Since September the FTSE 100 has slowly ground higher, day by day and we are yet to see any significant sell off so, unless circumstances change, bulls seem happy to by into...read more: Spread Trading 28 Oct 10
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Spread Trading 27 Oct 10 updated 27-Oct-10 |
The Yen seems to be finally running out of steam and the Dollar cross has quietly rallied over a big figure from the lows of Monday, seemingly without any central bank...read more: Spread Trading 27 Oct 10
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Spread Trading 26 Oct 10 updated 26-Oct-10 |
There is weakness on the spread trading markets at the start of the day with the economy moving to centre ground for many of the broadsheets...read more: Spread Trading 26 Oct 10
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Spread Trading 25 Oct 10 updated 25-Oct-10 |
The FTSE is back up at the recent highs following the time trodden reaction to Dollar weakness. We are now just 50 points from the highs of the year marked out in April at...read more: Spread Trading 25 Oct 10
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Spread Trading 22 Oct 10 updated 22-Oct-10 |
The gold spread trading market is suffering from a bout of profit taking that has so far lasted a lot longer than the last few declines since August. This might indicate that this...read more: Spread Trading 22 Oct 10
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Spread Trading 21 Oct 10 updated 21-Oct-10 |
The Dow Jones financial spread betting market has regained the position above 11000 and the S&P above 1170 which is helping to hold the Europeans...read more: Spread Trading 21 Oct 10
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Spread Trading 20 Oct 10 updated 20-Oct-10 |
At the moment there is no real sense of panic at all. In fact our spread betting clients, who had been selling up in the mid to high 5700's, have been quietly buying back...read more: Spread Trading 20 Oct 10
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Spread Trading 19 Oct 10 updated 19-Oct-10 |
Economic sentiment data from Germany this morning has come in slightly better than expected so German Dax stocks are trying...read more: Spread Trading 19 Oct 10
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Spread Trading 18 Oct 10 updated 18-Oct-10 |
Forex spreads markets have gone walk about after the ECB announced that the bond buyback programme would continue and so...read more: Spread Trading 18 Oct 10
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Spread Trading 15 Oct 10 updated 15-Oct-10 |
Forex markets are continuing to batter the Dollar almost without remission. The US administration is pursuing a policy of devaluation through comment...read more: Spread Trading 15 Oct 10
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Spread Trading 14 Oct 10 updated 14-Oct-10 |
The index spread betting markets are likely to continue rallying for as long as the speculation that QE2 is on its way. At the point it is announced...read more: Spread Trading 14 Oct 10
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Spread Trading 13 Oct 10 updated 13-Oct-10 |
Gold continues to march upward and it looks like it wants to have another crack at the recent high. There are still so many bulls of the precious metal and each move...read more: Spread Trading 13 Oct 10
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Spread Trading 12 Oct 10 updated 12-Oct-10 |
The Euro is finding support in the mid to low $1.38's against the US currency and our spread betting account holders, who sold when we approached $1.40, are buying back...read more: Spread Trading 12 Oct 10
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Spread Trading 11 Oct 10 updated 11-Oct-10 |
The US markets are performing slightly better than the UK index with the general trend higher still in place. The Dow 30 has regained the 11000 level...read more: Spread Trading 11 Oct 10
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Spread Trading 8 Oct 10 updated 08-Oct-10 |
Barclays has been a stock in the press of recent. While banks haven't exactly outshone the market, Barclays' performance has been particularly woeful. The FTSE has risen over...read more: Spread Trading 8 Oct 10
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Spread Trading 7 Oct 10 updated 07-Oct-10 |
The Sterling spread betting markets look to be much more of a problem. While the Dollar was slumping against the Yen, Swiss Franc and Euro yesterday the Pound was...read more: Spread Trading 7 Oct 10
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Spread Trading 6 Oct 10 updated 06-Oct-10 |
Gold broke above the $1328 resistance and as commented yesterday took the opportunity of making a very sharp move higher. We are now up at close to $1350...read more: Spread Trading 6 Oct 10
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Spread Trading 5 Oct 10 updated 05-Oct-10 |
Gold is hitting a new high as I write at $1325 and we must wonder if the end game spike is coming. Resistance is at this level and up to $1328 but the...read more: Spread Trading 5 Oct 10
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Spread Trading 4 Oct 10 updated 04-Oct-10 |
The FTSE is trading at around 5555, again, as the 'all the fives' once more exerts its fatal attraction. We have now spent over three weeks...read more: Spread Trading 4 Oct 10
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Spread Trading 1 Oct 10 updated 01-Oct-10 |
The Dow Jones is threatening to move higher but cannot quite summon the energy. The GDP numbers out of the States were better than expected...read more: Spread Trading 1 Oct 10
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Spread Trading 30 Sep 10 updated 30-Sep-10 |
It is becoming a tad boring talking about the indices spread betting markets at the moment as they are well and truly stuck in the mud. Resistance remains at...read more: Spread Trading 30 Sep 10
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Spread Trading 29 Sep 10 updated 29-Sep-10 |
Effectively the Sterling move was the same as the Dollar's reaction to the FOMC statement last week. At some point soon we can probably expect...read more: Spread Trading 29 Sep 10
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Spread Trading 28 Sep 10 updated 28-Sep-10 |
Forex spread trading markets are looking Dollar friendly for the first time in a while but we must beware the old dead cat bounce. Virtually every nation is trying...read more: Spread Trading 28 Sep 10
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Spread Trading 27 Sep 10 updated 27-Sep-10 |
This morning's financial spread betting action has been slow and, with little in the way of economic data today, we're unlikely to see any pick up until...read more: Spread Trading 27 Sep 10
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Spread Trading 24 Sep 10 updated 24-Sep-10 |
Gold spread betting prices are remaining at the highs with the Spot price now at $1298 just a small pip away from $1300. As mentioned yesterday it would seem rude not...read more: Spread Trading 24 Sep 10
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Spread Trading 23 Sep 10 updated 23-Sep-10 |
Over the last week the FTSE spread betting market has had a couple of pops at the plus 5600/25 level and likewise at 5500/25, all of which failed to gain...read more: Spread Trading 23 Sep 10
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Spread Trading 22 Sep 10 updated 22-Sep-10 |
On the forex spread betting markets, the FOMC announcement was where the real damage was done with the Dollar slumping versus the Euro, Pound and...read more: Spread Trading 22 Sep 10
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Spread Trading 21 Sep 10 updated 21-Sep-10 |
The currency spread betting markets remain in recent trading ranges with the Dollar/Yen seemingly stuck to the mid ¥85's as traders worry...read more: Spread Trading 21 Sep 10
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Spread Trading 20 Sep 10 updated 20-Sep-10 |
Precious metals continue to rise as shorts get squeezed mercilessly. The Gold spread betting market is at the all time high again as we continue to move up...read more: Spread Trading 20 Sep 10
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Spread Trading 17 Sep 10 updated 17-Sep-10 |
Dollar weakness has added fuel to the fire in the gold spread trading market, with the rally continuing unabated. The $1,285 level has been...read more: Spread Trading 17 Sep 10
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Spread Trading 16 Sep 10 updated 16-Sep-10 |
Indices remain moribund with the FTSE spread betting market seemingly stuck to the 5550/5575 range and it is really quite difficult to...read more: Spread Trading 16 Sep 10
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Spread Trading 15 Sep 10 updated 15-Sep-10 |
Crude oil helped out those who were financial spread betting by reversing the early rally and it now appears that $78 is something of a barrier. With global...read more: Spread Trading 15 Sep 10
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Spread Trading 14 Sep 10 updated 14-Sep-10 |
Forex spread betting markets are still being Dollar and Sterling unfriendly this morning although it is difficult to be too aggressive in support of renewed...read more: Spread Trading 14 Sep 10
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Spread Trading 13 Sep 10 updated 13-Sep-10 |
The Dax has failed three times this year above 6300 and will still need something more to indicate that this current move is going to be any different. The German index has...read more: Spread Trading 13 Sep 10
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Spread Trading 10 Sep 10 updated 10-Sep-10 |
The bulls continue to attempt to drive us higher and the FTSE is testing 5500 having been dipping in and out of positive...read more: Spread Trading 10 Sep 10
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Spread Trading 9 Sep 10 updated 09-Sep-10 |
US spread betting markets however are finding it a little more difficult to get beyond immediate resistance levels, so for now are lagging the UK...read more: Spread Trading 9 Sep 10
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Spread Trading 8 Sep 10 updated 08-Sep-10 |
The Pound had a strong rally this morning up to $1.5490 on the back of the Halifax House data showing a rise of 0.2% for August. However, this is...read more: Spread Trading 8 Sep 10
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Spread Trading 7 Sep 10 updated 07-Sep-10 |
With America closed for Labour Day yesterday it was a quiet day all around on the spread betting markets as the focus shifted to the Far East and...read more: Spread Trading 7 Sep 10
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Spread Trading 6 Sep 10 updated 06-Sep-10 |
The Yen continues to see selling at the ¥84.00 against the Dollar, which it briefly hit again this morning, and buying above...read more: Spread Trading 6 Sep 10
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Spread Trading 3 Sep 10 updated 03-Sep-10 |
Well yesterday was a pretty dull day on the main equity markets. In spread betting, the FTSE finished up 5, the DAX was unchanged, it was...read more: Spread Trading 3 Sep 10
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Spread Trading 2 Sep 10 updated 02-Sep-10 |
The net result of all this conflicting data was a 150 point rally for the FTSE 100 and it has held onto those gains in early trading this morning...read more: Spread Trading 2 Sep 10
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Spread Trading 27 Aug 10 updated 27-Aug-10 |
The FX spread betting markets seem to have hit a reasonably stable level around $1.27 for the Euro and $1.55 for the Pound. The Yen cross...read more: Spread Trading 27 Aug 10
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Spread Trading 26 Aug 10 updated 26-Aug-10 |
The Yen, Swiss Franc, Gilts, Bunds, US Treasuries and Gold are all at, or flirting with, all time highs. Even in the crises of 2007/09 they did not approach...read more: Spread Trading 26 Aug 10
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Spread Trading 25 Aug 10 updated 25-Aug-10 |
Currency spread betting markets have continued to favour the Yen and Swiss Franc and their respective overvaluations are now approaching the extreme territory...read more: Spread Trading 25 Aug 10
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Spread Trading 24 Aug 10 updated 24-Aug-10 |
Gold continues to hold steady 'near to' the highs and this seems to be something of a theme for the metal in recent times. Periods of stability and then a move...read more: Spread Trading 24 Aug 10
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Spread Trading 18 Aug 10 updated 18-Aug-10 |
I seem to have been writing about the Dow spreads being in or around the 10300's for absolutely ages even though it has only been a week. However, the comment...read more: Spread Trading 18 Aug 10
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Spread Trading 17 Aug 10 updated 17-Aug-10 |
The FTSE is looking to open at the top of the range, again, as investors look for a break above 5305/15 once more. Our spread trading clients are selling at the highs in...read more: Spread Trading 17 Aug 10
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Spread Trading 16 Aug 10 updated 16-Aug-10 |
Crude oil is back at the OPEC favoured price of 75 Dollars and it really is starting to seem as though this is 'the price'. Since last June the price of Black Gold has...read more: Spread Trading 16 Aug 10
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Spread Trading 13 Aug 10 updated 13-Aug-10 |
Gold has, finally, managed to get back above $1212/14 and hold there but does not seem to be making much of the break out. Actual highs from...read more: Spread Trading 13 Aug 10
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Spread Trading 12 Aug 10 updated 12-Aug-10 |
Forex spread betting markets were just as mad as the equities with the Euro falling over 300 pips versus the Dollar. While this was an aggressive move it can hardly...read more: Spread Trading 12 Aug 10
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Spread Trading 11 Aug 10 updated 11-Aug-10 |
This morning sees the Far East in retreat with the Nikkei spread betting market closing out down 2.7%, the equivalent of some 150 points in the FTSE if...read more: Spread Trading 11 Aug 10
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Spread Trading 10 Aug 10 updated 10-Aug-10 |
Currency markets showed the Dollar returning to some strength after Ex Treasury Secretaries Robert Rubin and Paul O'Neill advised against...read more: Spread Trading 10 Aug 10
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Spread Trading 9 Aug 10 updated 09-Aug-10 |
The Dollar spread betting market has fallen over 10% during the last month or so and, while the rally was equally strong in the first half of...read more: Spread Trading 9 Aug 10
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Spread Trading 6 Aug 10 updated 06-Aug-10 |
$1.5930 is the immediate hurdle for GBP/USD spreads, then $1.5980 and if we get to $1.6000 I'm sure the psychological level will provide some...read more: Spread Trading 6 Aug 10
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Spread Trading 5 Aug 10 updated 05-Aug-10 |
The USD/CAD has broken to the downside, assisted by the continued strength in equity markets, so technical analysts are expecting even...read more: Spread Trading 5 Aug 10
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Spread Trading 4 Aug 10 updated 04-Aug-10 |
Gold has broken back above the major long term bull trend line in a move engineered in the dead hours around 12.00 last night when no major...read more: Spread Trading 4 Aug 10
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Spread Trading 3 Aug 10 updated 03-Aug-10 |
The Euro has solid resistance just above here as well from $1.3260/1.3280 and then there is good volume resistance virtually all...read more: Spread Trading 3 Aug 10
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Spread Trading 2 Aug 10 updated 02-Aug-10 |
After good trading updates from Deutsche Bank and UBS last week, already BNP Paribas has announced a great set of results and HSBC's numbers have...read more: Spread Trading 2 Aug 10
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Spread Trading 30 Jul 10 updated 30-Jul-10 |
Targets for the FTSE spread betting bears are 5270, but below that level there's little in the way of support until 5200. The bulls are definitely in...read more: Spread Trading 30 Jul 10
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Spread Trading 29 Jul 10 updated 29-Jul-10 |
Sterling is bullish versus the Dollar and is having its own battle above $1.5600. Spread betting account holders are selling at all prices above...read more: Spread Trading 29 Jul 10
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Spread Trading 28 Jul 10 updated 28-Jul-10 |
Forex spread betting markets are stuck at the highs with Cable pushing briefly above $1.5600 and the Euro continually probing...read more: Spread Trading 28 Jul 10
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Spread Trading 27 Jul 10 updated 27-Jul-10 |
The S&P 500 and Dow are up at the highs for the month as July continues to turn June's falls on their head. The highs of June were...read more: Spread Trading 27 Jul 10
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Spread Trading 26 Jul 10 updated 26-Jul-10 |
Commodities continue to oscillate over the same old ground with Gold seemingly stuck between $1185 and $1205 as the bull and bear argument waxes and...read more: Spread Trading 26 Jul 10
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Spread Trading 23 Jul 10 updated 23-Jul-10 |
When companies like UPS and Caterpillar beat analyst expectations then it's hard not to be optimistic as one represents domestic demand within the...read more: Spread Trading 23 Jul 10
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Spread Trading 22 Jul 10 updated 22-Jul-10 |
Sterling remains around the $1.5250 level. Yesterday's mess up in the Cable market by a major Dutch Bank is rumoured to have cost in excess of ?25m but...read more: Spread Trading 22 Jul 10
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Spread Trading 21 Jul 10 updated 21-Jul-10 |
The FTSE is opening far higher at 5220 up over 80 points as the 'swingometer' moves back towards greed from fear. Every few sessions...read more: Spread Trading 21 Jul 10
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Spread Trading 20 Jul 10 updated 20-Jul-10 |
Gold has closed below $1186 but aside from an immediate shift lower there was no follow through at all, but neither was there a rebound. If we do not...read more: Spread Trading 20 Jul 10
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Spread Trading 19 Jul 10 updated 19-Jul-10 |
The Dow has fallen back to a good support level, 10080, but as with the FTSE could not break through. This has triggered buying here as...read more: Spread Trading 19 Jul 10
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Spread Trading 16 Jul 10 updated 16-Jul-10 |
FX markets are a little flat this morning but with the bias once again towards Dollar weakness. EUR/USD is testing yesterday's highs around...read more: Spread Trading 16 Jul 10
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Spread Trading 15 Jul 10 updated 15-Jul-10 |
Gold has trod water so far in July, oscillating around the $1200 level. This morning we're at $1213 with the precious metal benefiting from neither the...read more: Spread Trading 15 Jul 10
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Spread Trading 14 Jul 10 updated 14-Jul-10 |
The Dollar continues to give up ground gained versus the Euro and the downgrading of Portugal seems to have been the trigger for further buying of the...read more: Spread Trading 14 Jul 10
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Spread Trading 13 Jul 10 updated 13-Jul-10 |
The FTSE is trading at 5200 up 30 points overnight after the US markets took us higher late in the session. We are now getting used to early session sell offs in...read more: Spread Trading 13 Jul 10
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Spread Trading 12 Jul 10 updated 12-Jul-10 |
Oil has bounced back above $75 which will please the producers but bulls will be aware that the $69.50 to $71.50 level is becoming increasingly...read more: Spread Trading 12 Jul 10
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Spread Trading 9 Jul 10 updated 09-Jul-10 |
Rather neatly the Dow has now comfortably regained 10000 as has the S&P with 1050, the FTSE's 5000 and the DAX's 6000. Even though these...read more: Spread Trading 9 Jul 10
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Spread Trading 8 Jul 10 updated 08-Jul-10 |
Stock market strength is taking hold as investors dip back into equities following their three month decline since April. Now with the FTSE firmly...read more: Spread Trading 8 Jul 10
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Spread Trading 7 Jul 10 updated 07-Jul-10 |
Crude oil is also looking fragile after the attempt to move higher yesterday was stomped on quite aggressively. But the $71.50/72.00 level has been...read more: Spread Trading 7 Jul 10
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Spread Trading 6 Jul 10 updated 06-Jul-10 |
The Currency markets are also continuing in their current vein of Dollar weakness with the Euro challenging the $1.2600 level again after their failure at...read more: Spread Trading 6 Jul 10
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Spread Trading 5 Jul 10 updated 05-Jul-10 |
Gold made a spirited attempt at $1200 on Friday but the knowledge that the $1196 support had held so effectively on Thursday probably...read more: Spread Trading 5 Jul 10
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Spread Trading 2 Jul 10 updated 02-Jul-10 |
The Dow Jones experienced an extreme period yesterday afternoon/evening moving at will through 60 to 100 point ranges over and over again as...read more: Spread Trading 2 Jul 10
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Spread Trading 1 Jul 10 updated 01-Jul-10 |
This morning sees the FTSE called some 85 points lower after US and Far East traders decided that discretion was the better part of valour. Our quoted spread...read more: Spread Trading 1 Jul 10
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Spread Trading 30 Jun 10 updated 30-Jun-10 |
Gold tried for a move lower in the midst of all the chaos yesterday but the never ending stream of buyers kept its head above water by the close. The price action for Gold was...read more: Spread Trading 30 Jun 10
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Spread Trading 29 Jun 10 updated 29-Jun-10 |
The high expectations of just a month or so ago seem to be in the process of slow erosion and the FTSE is now back at near to the support levels of...read more: Spread Trading 29 Jun 10
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Spread Trading 28 Jun 10 updated 28-Jun-10 |
Oil has spiked higher again in the face of the upcoming Tropical storm season. However, it must be warned that after the storm problems of 2007 it is unlikely that any current...read more: Spread Trading 28 Jun 10
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Spread Trading 25 Jun 10 updated 25-Jun-10 |
Indices have been under the cosh this week with the FTSE down around 3% and the Dow around 2.5% worse off than it was on Monday. Investors have seen...read more: Spread Trading 25 Jun 10
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Spread Trading 24 Jun 10 updated 24-Jun-10 |
The Dow Jones is starting to worry a bit as the rejection of the 10600 level is looking more decisive by the day. It would not take much more of a sell off for...read more: Spread Trading 24 Jun 10
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Spread Trading 23 Jun 10 updated 23-Jun-10 |
From a personal point of view though, the rise in Capital Gains Tax makes Spread Betting look even more attractive as you don't pay any CGT*...read more: Spread Trading 23 Jun 10
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Spread Trading 22 Jun 10 updated 22-Jun-10 |
Gold was the big mover yesterday which was not really surprising as hopes for another reserve currency rather removes one of the major arguments for...read more: Spread Trading 22 Jun 10
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Spread Trading 21 Jun 10 updated 21-Jun-10 |
The Dax has actually hit its highs for the year with traders pushing the price above 6340 for the first time since Sept 2008. We will need to...read more: Spread Trading 21 Jun 10
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Spread Trading 18 Jun 10 updated 18-Jun-10 |
FX markets are hammering at the Dollar for the fourth or fifth day in a row but the moves do seem to be treading water a bit at the...read more: Spread Trading 18 Jun 10
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Spread Trading 17 Jun 10 updated 17-Jun-10 |
The Gold spread betting charts remain undeniably positive and the sovereign crisis still has a very long way to run, so bears will probably have to...read more: Spread Trading 17 Jun 10
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Spread Trading 16 Jun 10 updated 16-Jun-10 |
The Dow has now managed to close above 10250/10300 which was the resistance area holding back previous attempts to the upside. While we are now in...read more: Spread Trading 16 Jun 10
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Spread Trading 15 Jun 10 updated 15-Jun-10 |
Crude oil is back above $75 and commodity traders await this afternoon's inventory numbers, which are expected to shows declining stocks...read more: Spread Trading 15 Jun 10
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Spread Trading 14 Jun 10 updated 14-Jun-10 |
Sterling is back in favour this morning continuing the attempt to recover the ground lost last Thursday. We are currently at $1.4650 but resistance is actually quite...read more: Spread Trading 14 Jun 10
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Spread Trading 11 Jun 10 updated 11-Jun-10 |
With the US trying to throw everything at BP, from not only the cost of the clear up but also the costs incurred by any other firms from the ban on drilling, sentiment towards...read more: Spread Trading 11 Jun 10
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Spread Trading 9 Jun 10 updated 09-Jun-10 |
5000 remains the key area for the FTSE and below there 4900 which for now has kept further losses at bay. There's belief that the moves of the...read more: Spread Trading 9 Jun 10
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Spread Trading 8 Jun 10 updated 08-Jun-10 |
Sterling versus the Euro has now moved back up above €1.2100 for the first time since Dec 08 but there is strong resistance at...read more: Spread Trading 8 Jun 10
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Spread Trading 7 Jun 10 updated 07-Jun-10 |
Oil continues to rush all over the place and Friday's near five Dollar range, mostly to the downside, has caused a bit of a ruffle in the perma-bulls feathers. $69.00/69.50 is...read more: Spread Trading 7 Jun 10
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Spread Trading 4 Jun 10 updated 04-Jun-10 |
Clearly many of those FX spread trading are sitting on the sidelines ahead of NFP but it's difficult to see if there's any shock to the upside might that...read more: Spread Trading 4 Jun 10
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Spread Trading 3 Jun 10 updated 03-Jun-10 |
The FTSE is enjoying a good rally in early trade, firmly back above the 5200 level at 5230, and bulls will be hoping 5250 is taken out before a test of...read more: Spread Trading 3 Jun 10
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Spread Trading 2 Jun 10 updated 02-Jun-10 |
EUR/USD is sitting above $1.2200 for now at $1.2240 at the time of writing. Around these lows it's not surprising to see a bit of support for the single currency but...read more: Spread Trading 2 Jun 10
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Spread Trading 1 Jun 10 updated 01-Jun-10 |
Gold is benefiting from all the doom and gloom in the headlines as its 4 Dollars in the black this morning. The bulls will be hoping for a return to the...read more: Spread Trading 1 Jun 10
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Spread Trading 28 May 10 updated 28-May-10 |
The Dows huge rally from under 10000, rejecting the 9900 level with a vengeance, was welcomed by our spread trading clients who ran the...read more: Spread Trading 28 May 10
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Spread Trading 27 May 10 updated 27-May-10 |
Spread betting account holders should beware getting too negative on the poor old Pound as the effort in driving it lower seems to be getting harder and...read more: Spread Trading 27 May 10
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Spread Trading 26 May 10 updated 26-May-10 |
Gold has managed, finally, to look on the bright side of all the problems and has popped back above $1200 once more. Yesterday was an exercise in slowly grinding higher...read more: Spread Trading 26 May 10
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Spread Trading 25 May 10 updated 25-May-10 |
Oil inventories are forecast to be stronger which is not helping the Crude prices, already heavily hit in recent weeks, and Nymex is now at lows since...read more: Spread Trading 25 May 10
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Spread Trading 24 May 10 updated 24-May-10 |
On the currency markets, the Euro has attempted a rebound but has run into heavy selling this morning. Traders are not convinced as to the long term viability of the Euro project and...read more: Spread Trading 24 May 10
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Spread Trading 21 May 10 updated 21-May-10 |
The Dow Jones managed to flirt with the 10000 level last night hitting a low of 10006 in the night session at just around midnight. In absolute yield terms 10000 means...read more: Spread Trading 21 May 10
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Spread Trading 20 May 10 updated 20-May-10 |
In the currency markets the Euro finally had a good day yesterday, which seems to be continuing today. In conversation with some of our spread betting account holders...read more: Spread Trading 20 May 10
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Spread Trading 18 May 10 updated 18-May-10 |
Gold, as we feared in recent comments, seems to have run out of friends. All the news should have sent it higher, but $1250 may now prove to be...read more: Spread Trading 18 May 10
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Spread Trading 17 May 10 updated 17-May-10 |
Unfortunately this time the Pound seems to have caught the same cold as the Euro. Sterling has dumped almost 2 cents so far this morning and is...read more: Spread Trading 17 May 10
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Spread Trading 14 May 10 updated 14-May-10 |
The indices had a relatively quiet day, in comparison to the recent volatility seen in the last week, with the FTSE closing up 50 points last night at...read more: Spread Trading 14 May 10
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Spread Trading 13 May 10 updated 13-May-10 |
Gold reached a new all time highs yesterday, falling just short of $1250 and we have now seen a small pull back as profit takers have pushed us down to $1235, still above...read more: Spread Trading 13 May 10
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Spread Trading 12 May 10 updated 12-May-10 |
Questions are also hanging over the Australian Dollar as it has failed to gain traction above and beyond the $0.9300 area and there are fears that the...read more: Spread Trading 12 May 10
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Spread Trading 11 May 10 updated 11-May-10 |
Oil is proving something of a trick prospect after reaching $87 a week or so ago, and looking well set for $100, we now find ourselves slap bang in...read more: Spread Trading 11 May 10
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Spread Trading 10 May 10 updated 10-May-10 |
Expectations were for a Sterling sell off this morning but markets are stabilising on the back of the Euro bailout and so Cable is flirting with the...read more: Spread Trading 10 May 10
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Spread Trading 07 May 10 updated 07-May-10 |
The air of nervousness is palpable in all the markets after the chaos of yesterday evening when some programme trading in the US caused mayhem. The Nasdaq, on which many of the trades took place, has...read more: Spread Trading 07 May 10
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Spread Trading 06 May 10 updated 06-May-10 |
The Euro tried to find some support and after making an attempt at recovering back above the $1.3000 level it gave up the ghost pretty quickly and even ran down to...read more: Spread Trading 06 May 10
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Spread Trading 05 May 10 updated 05-May-10 |
GBP/USD seems to be holding up well, still above the $1.5100 area, despite the looming prospect of a hung parliament. Nevertheless weakness has set in...read more: Spread Trading 05 May 10
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Spread Trading 04 May 10 updated 04-May-10 |
The FTSE has recovered somewhat from the falls of late on Friday evening after the US markets dragged us higher on our Bank Holiday. The Dow managed to rally...read more: Spread Trading 04 May 10
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Spread Trading 30 Apr 10 updated 30-Apr-10 |
Cable took on a bit of a bear squeeze yesterday bashing back the sellers as investors began to come to terms with the likeliness of a hung parliament in...read more: Spread Trading 30 Apr 10
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Spread Trading 29 Apr 10 updated 29-Apr-10 |
The effect on the Euro was pretty immediate after Spain was downgraded and now many fear that they too have got onto the slippery slope that will ultimately lead to...read more: Spread Trading 29 Apr 10
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Spread Trading 28 Apr 10 updated 28-Apr-10 |
The Brent/Nymex spread for the June contract continues to widen and is now at 325 cents. Crude oil speared higher in mid afternoon yesterday giving the...read more: Spread Trading 28 Apr 10
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Spread Trading 27 Apr 10 updated 27-Apr-10 |
The Pound has run up against $1.55 once more and once more has failed to break higher. This makes it the fourth time this month that the level has proved...read more: Spread Trading 27 Apr 10
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Spread Trading 26 Apr 10 updated 26-Apr-10 |
Gold went walkabout on Friday first falling to $1134 and then going ballistic all the way back up to $1160. There is still the strong resistance at...read more: Spread Trading 26 Apr 10
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Spread Trading 23 Apr 10 updated 23-Apr-10 |
Oil spreads have gone a bit weird once more with the Brent June Contract rising to 2 Dollars over the Nymex June delivery. A few weeks ago it was...read more: Spread Trading 23 Apr 10
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Spread Trading 22 Apr 10 updated 22-Apr-10 |
Riskier currencies continue to benefit from rallying stock markets as the Dollar suffers mild losses against Sterling, the Euro and Australian Dollar this...read more: Spread Trading 22 Apr 10
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Spread Trading 21 Apr 10 updated 21-Apr-10 |
This morning the FTSE 100 is looking to open in the black again following a half decent gain in US indices last night and we are knocking on the door of the...read more: Spread Trading 21 Apr 10
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Spread Trading 20 Apr 10 updated 20-Apr-10 |
It is a major reporting day of in the US with the likes of Apple, Goldman Sachs, Morgan Stanley, Coca Cola, Johnson & Johnson and Yahoo, amongst...read more: Spread Trading 20 Apr 10
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Spread Trading 19 Apr 10 updated 19-Apr-10 |
Citigroup will release earnings later today which are expected to come in flat to slightly positive. Anything better than this may go someway to divert interest from...read more: Spread Trading 19 Apr 10
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Spread Trading 16 Apr 10 updated 16-Apr-10 |
Last night saw a good run higher by US markets and at one point we were calling the FTSE as high as 5840, but disappointing Google numbers after the close last night led to...read more: Spread Trading 16 Apr 10
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Spread Trading 15 Apr 10 updated 15-Apr-10 |
Gold had another attempt to get above $1161/62 yesterday but ran out of steam rather easily. The downside appears to be similarly constrained with no...read more: Spread Trading 15 Apr 10
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Spread Trading 14 Apr 10 updated 14-Apr-10 |
From a technical point of view the S&P 500 is still yet to trade above the 1200 level which is seen as quite a resistance area and certainly clients continue to sell...read more: Spread Trading 14 Apr 10
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Spread Trading 13 Apr 10 updated 13-Apr-10 |
Interestingly the Pound seems reasonably happy as well even though the current polls indicate the probability of a hung parliament. I still tend to waver...read more: Spread Trading 13 Apr 10
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Spread Trading 12 Apr 10 updated 12-Apr-10 |
Virtually every spread betting asset class is pushing at highs currently with the exception of the bond markets after the politicians decided that...read more: Spread Trading 12 Apr 10
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Spread Trading 9 Apr 10 updated 09-Apr-10 |
The EUR/USD spread bounced again from the levels last seen at the end of March just below $1.3300 where it recovered back to as high as...read more: Spread Trading 9 Apr 10
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Spread Trading 8 Apr 10 updated 08-Apr-10 |
Oil couldn't quite hold onto its gains and experienced a bit of profit taking after the initial flurry of excitement following the weekly inventory numbers...read more: Spread Trading 8 Apr 10
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Spread Trading 7 Apr 10 updated 07-Apr-10 |
Sterling fluctuations will most likely be influenced heavily by swings in the polls with any narrowing of the polls leading to further...read more: Spread Trading 7 Apr 10
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Spread Trading 6 Apr 10 updated 06-Apr-10 |
As with the Dow at 11000, the S&P also has a psychological resistance looming into view at 1200 and it is this area which may...read more: Spread Trading 6 Apr 10
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Spread Trading 1 Apr 10 updated 01-Apr-10 |
Gold spreads broke above the $1112/1114 resistance level and scooted up to $1118 before deciding to test the resistance as...read more: Spread Trading 1 Apr 10
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Spread Trading 31 Mar 10 updated 31-Mar-10 |
The Dow Jones also continues to oscillate around the 10900 price level and the bulls will be hoping for a reasonably prompt attempt at...read more: Spread Trading 31 Mar 10
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Spread Trading 30 Mar 10 updated 30-Mar-10 |
Euro/Yen has managed to break above the ¥125.00/125.25 resistance level which has held it back for a couple of months. However, there also...read more: Spread Trading 30 Mar 10
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Spread Trading 29 Mar 10 updated 29-Mar-10 |
The FTSE 100 is opening at 5730 up some 25 points on Friday's close and traders will be looking to see if the 5730/40 resistance can...read more: Spread Trading 29 Mar 10
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Spread Trading 26 Mar 10 updated 26-Mar-10 |
The Dow Jones made a spirited attempt at leaping to 11000 but just ran out of steam at around 10960. The close on the FTSE at 5730 is the...read more: Spread Trading 26 Mar 10
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Spread Trading 25 Mar 10 updated 25-Mar-10 |
The Budget is over, for what it was worth, and I suppose that we can at least be pleased that the much feared increase in...read more: Spread Trading 25 Mar 10
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Spread Trading 24 Mar 10 updated 24-Mar-10 |
Our spread betting account holders think crude oil's next move will be to the downside and it's difficult to see the black stuff going higher after it's failed to...read more: Spread Trading 24 Mar 10
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Spread Trading 23 Mar 10 updated 23-Mar-10 |
The S&P has managed a very strong performance in recent months but there is strong resistance from 1175 to 1190 and day traders may be...read more: Spread Trading 23 Mar 10
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Spread Trading 22 Mar 10 updated 22-Mar-10 |
In the forex spread betting markets, Sterling has reversed last fortnight's rebound and we are now back at the recent low range area. Support has...read more: Spread Trading 22 Mar 10
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Spread Trading 19 Mar 10 updated 19-Mar-10 |
The FTSE 100 is looking strong trading around 5665 but we're now just below the major area of resistance around 5675-5700. This morning's...read more: Spread Trading 19 Mar 10
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Spread Trading 18 Mar 10 updated 18-Mar-10 |
Gold bulls enjoyed a rally back to the $1125 mark touching an intra day high of $1134.0 early on. Goldman Sachs helped the precious metal by...read more: Spread Trading 18 Mar 10
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Spread Trading 17 Mar 10 updated 17-Mar-10 |
The major test will be the 5670 to 5700 area, but for now we're still unable to breach to new ground that marked the FTSE's high back in...read more: Spread Trading 17 Mar 10
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Spread Trading 16 Mar 10 updated 16-Mar-10 |
There are still plenty of Sterling bears out there who believe that this consolidation around the $1.50 mark is just a respite before the next...read more: Spread Trading 16 Mar 10
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Spread Trading 15 Mar 10 updated 15-Mar-10 |
A sell-off of mining stocks in Australia has fed through to early action in London so for now we're tentatively sitting on the fence. Once again the...read more: Spread Trading 15 Mar 10
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Spread Trading 12 Mar 10 updated 12-Mar-10 |
Indices continue to catch up with the FTSE, which breached its 2010 high last week, whereas the likes of the Dow and German Dax are still...read more: Spread Trading 12 Mar 10
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Spread Trading 11 Mar 10 updated 11-Mar-10 |
Oil inventory data caused a roller coaster ride for crude yesterday with traders initially sending prices sharply higher as the stock build was...read more: Spread Trading 11 Mar 10
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Spread Trading 10 Mar 10 updated 10-Mar-10 |
Cable is again suffering as today's daily poll shows another small narrowing of the Tory lead. Currency traders seem to be monitoring the...read more: Spread Trading 10 Mar 10
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Spread Trading 9 Mar 10 updated 09-Mar-10 |
Our spread betting account holders continue to sell the FTSE 100 at around the 5600 mark as they clearly expect...read more: Spread Trading 9 Mar 10
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Spread Trading 8 Mar 10 updated 08-Mar-10 |
Gold is hovering round the $1135 as it has done for the past few days. Its movement has been muted since Friday's NFP, after...read more: Spread Trading 8 Mar 10
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Spread Trading 5 Mar 10 updated 05-Mar-10 |
The Euro and Sterling, which have built up a little bit of support against the Dollar over the last few days, were punished the moment Moody's downgraded...read more: Spread Trading 5 Mar 10
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Spread Trading 4 Mar 10 updated 04-Mar-10 |
The FTSE is opening at around 5510 this morning, off about 25 points. Having said this, there appears to be little other follow through from the...read more: Spread Trading 4 Mar 10
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Spread Trading 3 Mar 10 updated 03-Mar-10 |
Gold took on the resistance around $1125.0 and smashed through it convincingly. The tumultuous moves from currency markets have...read more: Spread Trading 3 Mar 10
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Spread Trading 2 Mar 10 updated 02-Mar-10 |
The FTSE 100 is opening at new recent highs of 5425 and we have now almost completely unravelled the sell off of...read more: Spread Trading 2 Mar 10
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Spread Trading 1 Mar 10 updated 01-Mar-10 |
The S&P 500 has, once again, managed to climb into the 1110/1112 region and, as with a myriad of previous comments, the bulls will be...read more: Spread Trading 1 Mar 10
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Spread Trading 26 Feb 10 updated 26-Feb-10 |
Cracks have appeared in the recovery and FX markets in particular have shown alarming moves that indicate they are preparing for something...read more: Spread Trading 26 Feb 10
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Spread Trading 25 Feb 10 updated 25-Feb-10 |
The S&P 500 is stuck around 1100 with excitement rising every time we move away from this point only for disappointment to eventually arrive...read more: Spread Trading 25 Feb 10
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Spread Trading 24 Feb 10 updated 24-Feb-10 |
Bad news is continuing to hammer the Euro and Sterling, which in turn puts pressure on the likes of oil, gold and of course equities. A continuation of such...read more: Spread Trading 24 Feb 10
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Spread Trading 23 Feb 10 updated 23-Feb-10 |
As mentioned in yesterday's comment, virtually every market was sitting just under the resistance levels with Indices, Gold and Oil all pressing to...read more: Spread Trading 23 Feb 10
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Spread Trading 22 Feb 10 updated 22-Feb-10 |
Gold has oscillated between $1098/1102 and $1122/27 over the last few sessions and this morning we are back at the top of the range. Traders will be encouraged...read more: Spread Trading 22 Feb 10
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Spread Trading 19 Feb 10 updated 19-Feb-10 |
Currency markets were the big, big movers last night with both the Euro and the Pound hitting new recent lows. Sterling broke through the really solid...read more: Spread Trading 19 Feb 10
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Spread Trading 18 Feb 10 updated 18-Feb-10 |
The FTSE battered at the high 5200's for the whole of yesterday's session with little to show for it. The renewed series of poorish data coming...read more: Spread Trading 18 Feb 10
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Spread Trading 17 Feb 10 updated 17-Feb-10 |
Euro and Sterling continue to battle it out, having been fluctuating between ?0.8800 and ?0.8600, or €1.1340 and €1.1600 for those who prefer it the...read more: Spread Trading 17 Feb 10
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Spread Trading 16 Feb 10 updated 16-Feb-10 |
Finally we have broken out of the constricted ranges of recent sessions as the markets have decided this morning that the future is not as grim as many might be forecasting. The FTSE has...read more: Spread Trading 16 Feb 10
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Spread Trading 15 Feb 10 updated 15-Feb-10 |
The FTSE is currently trading at the top of its recent trading range, at 5180, and likewise the Dow Jones is at 10130. The Dax is still...read more: Spread Trading 15 Feb 10
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Spread Trading 12 Feb 10 updated 12-Feb-10 |
Our spread betting account holders had a good run of it yesterday, riding the move higher, and have taken profits this morning. For now they remain a little undecided. Economic data is...read more: Spread Trading 12 Feb 10
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Spread Trading 11 Feb 10 updated 11-Feb-10 |
Sterling is becoming a bit of a worry again as even the recent reversal in the Euro weakness has failed to pull the currency off the recent lows. Cable is still pressuring at the mid...read more: Spread Trading 11 Feb 10
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Spread Trading 10 Feb 10 updated 10-Feb-10 |
Crude Oil is slipping in early trade with the Inventories due out this afternoon. The recent cold weather in the US will have reduced vehicle use but increased...read more: Spread Trading 10 Feb 10
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Spread Trading 09 Feb 10 updated 09-Feb-10 |
The FTSE has a little spring in its step this morning as it's back above the 5100 level, being led largely by miners. The index is showing some strength after a...read more: Spread Trading 09 Feb 10
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Spread Trading 08 Feb 10 updated 08-Feb-10 |
Gold made a new low for the year, pulling us back to the minor support level at $1045 before the same rally that helped the Indices came to...read more: Spread Trading 08 Feb 10
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Spread Trading 05 Feb 10 updated 05-Feb-10 |
This morning sees no relenting in early action, with the FTSE pressuring 5100 at the off and the Dax 'having a look at' 5500 as well. The Dow Jones did at least...read more: Spread Trading 05 Feb 10
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Spread Trading 04 Feb 10 updated 04-Feb-10 |
The Dollar continues to have the edge at the moment, driving Cable back below $1.6000 after a brief revisit of the level yesterday. The rate is slowly edging towards a 6 week low of...read more: Spread Trading 04 Feb 10
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Spread Trading 03 Feb 10 updated 03-Feb-10 |
Asian markets put in a mixed show last night and as a result European indices are a little shy this morning. Looking at the candlestick charts of the major Asian indices and comparing them to...read more: Spread Trading 03 Feb 10
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Spread Trading 02 Feb 10 updated 02-Feb-10 |
The FTSE remains undecided as to whether to add to the gains made yesterday or whether the bounce was of the ''dead cat'' variety. Any attempt to sustain the...read more: Spread Trading 02 Feb 10
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Spread Trading 01 Feb 10 updated 01-Feb-10 |
February has historically been very much a mixed bag for the FTSE 100 with gains and declines being just about 50/50. However, the gains have been...read more: Spread Trading 01 Feb 10
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Spread Trading 29 Jan 10 updated 29-Jan-10 |
Gold is still suffering as the Dollar regains some strength and yesterdays breach of the long term bullish trend line support at approximately $1080 brought out a swift...read more: Spread Trading 29 Jan 10
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Spread Trading 28 Jan 10 updated 28-Jan-10 |
The last five sessions for the indices, the FTSE, Dax, Dow, S&P etc, have been particularly dour with neither the bulls nor the bears able to...read more: Spread Trading 28 Jan 10
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Spread Trading 27 Jan 10 updated 27-Jan-10 |
Currency markets are continuing to batter at the Euro as the Dollar, Yen and Pound look to break higher. There is very strong support at...read more: Spread Trading 27 Jan 10
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Spread Trading 26 Jan 10 updated 26-Jan-10 |
Oil is drifting again as well but, as with the previous three sessions, has bounced off $74. Our clients are...read more: Spread Trading 26 Jan 10
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Spread Trading 25 Jan 10 updated 25-Jan-10 |
Biggish movements in the markets this morning have virtually wiped out the 2nd tranche of the Obama sell off. In late action on Friday evening the FTSE futures took the...read more: Spread Trading 25 Jan 10
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Spread Trading 22 Jan 10 updated 22-Jan-10 |
The Euro continues to weaken but yesterday it dragged the Pound along with it as Europe came in for an all round bashing. Sterling/Yen had one of its days to forget as we plummeted from...read more: Spread Trading 22 Jan 10
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Spread Trading 21 Jan 10 updated 21-Jan-10 |
For those who have been studying the FTSE 100 closely they'll remember that the index struggled on several occasions in...read more: Spread Trading 21 Jan 10
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Spread Trading 20 Jan 10 updated 20-Jan-10 |
Currency markets are seeing the low for the Euro since September last year but we have, at least temporarily, held support at...read more: Spread Trading 20 Jan 10
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Spread Trading 19 Jan 10 updated 19-Jan-10 |
Gold continues to meander around the $1130 to $1142 range with bulls getting excited every time we look higher and bears similarly entranced as...read more: Spread Trading 19 Jan 10
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Spread Trading 18 Jan 10 updated 18-Jan-10 |
Oil continues to react badly to the failure of the rally above $82 to maintain traction. A week or so ago I was commenting on the fact that Oil had managed some nine trading sessions higher in...read more: Spread Trading 18 Jan 10
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Spread Trading 15 Jan 10 updated 15-Jan-10 |
The positive news for the mining sector yesterday allowed markets to record modest gains after the FTSE looked like it might make further losses in the afternoon session. Gains for US markets were...read more: Spread Trading 15 Jan 10
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Spread Trading 14 Jan 10 updated 14-Jan-10 |
This morning markets are shrugging off the news flow and price action of the last few days and enjoying a bounce. The FTSE is back above 5500 and the Dax around the 6000 level. Last night the Dow...read more: Spread Trading 14 Jan 10
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Spread Trading 13 Jan 10 updated 13-Jan-10 |
The Forex and commodity markets experienced some decent volatility yesterday with gold in particular suffering big losses towards the end of the session. Gold's weakness was contrarian to other...read more: Spread Trading 13 Jan 10
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Spread Trading 12 Jan 10 updated 12-Jan-10 |
Currency markets continue to wing backwards and forwards and it does appear to this commentator that if you took virtually any position in one of the major crosses and waited...read more: Spread Trading 12 Jan 10
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Spread Trading 11 Jan 10 updated 11-Jan-10 |
The numbers from China showed a huge boost both in exports and imports and the immediate effect has been to push virtually every index to new highs. The FTSE is looking to open at 5560 and the Dow...read more: Spread Trading 11 Jan 10
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Spread Trading 08 Jan 10 updated 08-Jan-10 |
Crude Oil finally put in a negative day yesterday and dealers have been taking profits through this morning's session. We have not challenged the support yet so the momentum remains to the up side. $83.50 looks to be building as a...read more: Spread Trading 08 Jan 10
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Spread Trading 07 Jan 10 updated 07-Jan-10 |
Obviously the Gold market read my comment yesterday as it proceeded to rally to the exact resistance level mentioned, $1141, before taking a breather overnight. So, in the spirit of open-handedness, I shall...read more: Spread Trading 07 Jan 10
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Spread Trading 06 Jan 10 updated 06-Jan-10 |
Interesting start to the day with the EBC effectively saying that there will be no 'bail out' of Greece. The Euro has taken an immediate plunge taking the cross down to below...read more: Spread Trading 06 Jan 10
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Spread Trading 05 Jan 10 updated 05-Jan-10 |
The FTSE is now at 5500, a nice round number for everyone to get excited about and the Dax is at 6050, also close to a...read more: Spread Trading 05 Jan 10
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Spread Trading 04 Jan 10 updated 04-Jan-10 |
Gold is surging, having failed to break below the major support levels, and there is a small feeling that the gold bugs are looking for the new year as another platform for an...read more: Spread Trading 04 Jan 10
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Spread Trading 31 Dec 09 updated 31-Dec-09 |
Interesting movements in the Forex spreads markets are just about the only thing worth focussing on at the moment. Yesterday the Dollar waxed and waned, managing a strong rally and then an even...read more: Spread Trading 31 Dec 09
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Spread Trading 30 Dec 09 updated 30-Dec-09 |
Gold continues to weaken in the glare of other attractions and the ongoing Dollar rally. Punters are starting to get slightly more nervous. However, we have seen additional...read more: Spread Trading 30 Dec 09
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Spread Trading 29 Dec 09 updated 29-Dec-09 |
In the FTSE the 5400 barrier has definitely gone and initial action on the off this morning saw a spike in the FTSE futures pushing the index up...read more: Spread Trading 29 Dec 09
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Spread Trading 24 Dec 09 updated 24-Dec-09 |
The forex spreads markets aren't providing much excitement this morning. In general, they are negative for the Dollar. In the case of Cable the pair is languishing at...read more: Spread Trading 24 Dec 09
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Spread Trading 23 Dec 09 updated 23-Dec-09 |
The CAC, DAX and S&P have all held onto the new ground this morning leaving the FTSE and Dow still just under the highs of last month. With year end buying looking more...read more: Spread Trading 23 Dec 09
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Spread Trading 22 Dec 09 updated 22-Dec-09 |
Crude Oil remains rather undecided after the weird action in the January contract caused something of a poser. February Nymex was $2 above the...read more: Spread Trading 22 Dec 09
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Spread Trading 21 Dec 09 updated 21-Dec-09 |
Looking across the FX spread betting markets, the Euro, Sterling and Yen are all weaker this morning and it looks like the Dollar has seen the worst of its...read more: Spread Trading 21 Dec 09
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Spread Trading 18 Dec 09 updated 18-Dec-09 |
Needless to say, the strength in the Dollar caused gold's correction to continue and quite aggressively too. After its steep spike above $1200 the elastic band has...read more: Spread Trading 18 Dec 09
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Spread Trading 17 Dec 09 updated 17-Dec-09 |
Over the last eight sessions the Cable cross has battered away at $1.6175 to $1.6200 on an almost daily basis with markets continually...read more: Spread Trading 17 Dec 09
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Spread Trading 16 Dec 09 updated 16-Dec-09 |
A serious move to the upside right from the open has caught a few people off guard this morning. The move has been opposed most of the way up by...read more: Spread Trading 16 Dec 09
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Spread Trading 15 Dec 09 updated 15-Dec-09 |
Equity markets continue to be strong albeit with the odd small sell off to keep us on our toes. The unpalatable fact that continues to drive much...read more: Spread Trading 15 Dec 09
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Spread Trading 14 Dec 09 updated 14-Dec-09 |
Forex markets saw an initial flurry of activity early this morning after the Dubai news came out but have since then calmed down. Cable seems to be sitting tentatively some...read more: Spread Trading 14 Dec 09
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Spread Trading 11 Dec 09 updated 11-Dec-09 |
The FTSE is holding steady in the mid 5200's and things look good for a quiet year end. The FTSE index seems to be trading in two separate bands of...read more: Spread Trading 11 Dec 09
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Spread Trading 10 Dec 09 updated 10-Dec-09 |
Gold rather pleased me yesterday in managing to rally to exactly our resistance level at $1145-1150 before slumping back down again. The Yellow metal is...read more: Spread Trading 10 Dec 09
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Spread Trading 9 Dec 09 updated 09-Dec-09 |
As feared in yesterday's comment the strength in the Dollar does seem to be taking the shine off of Gold. We are now at $1130, the support level mentioned on...read more: Spread Trading 9 Dec 09
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Spread Trading 8 Dec 09 updated 08-Dec-09 |
This morning sees slight weakness across the board but nothing too alarming. The FTSE is called down about 20 points on the open at 5290 and the Dax and Dow Jones similarly...read more: Spread Trading 8 Dec 09
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Spread Trading 7 Dec 09 updated 07-Dec-09 |
Equities appear to be slightly lower but, unusually for the current trends, so do a wide range of asset classes. Dealers have been busily...read more: Spread Trading 7 Dec 09
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Spread Trading 4 Dec 09 updated 04-Dec-09 |
Oil also helped clients out as our commentary dwelt on the weakness that seems to be pervading the commodity at the moment but also stating that...read more: Spread Trading 4 Dec 09
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Spread Trading 3 Dec 09 updated 03-Dec-09 |
Gold has reached $1226 this morning and our clients continue to buy, the never ending rally in precious metals shows no signs of petering out and...read more: Spread Trading 3 Dec 09
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Spread Trading 2 Dec 09 updated 02-Dec-09 |
The FTSE is drifting sideways after yesterday's decent rally and we tentatively sit just above the 5300 level. Bulls are wary of the...read more: Spread Trading 2 Dec 09
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Spread Trading 1 Dec 09 updated 01-Dec-09 |
All the indices are well and truly stuck in the current trading ranges even though there has been the odd attempt over the last few weeks to...read more: Spread Trading 1 Dec 09
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Spread Trading 30 Nov 09 updated 30-Nov-09 |
Currency markets are mixed with both the Dollar and Sterling taking the brunt of any selling that's going on. The Dollar is still firmly on a...read more: Spread Trading 30 Nov 09
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Spread Trading 27 Nov 09 updated 27-Nov-09 |
Gold has had its biggest one day fall of the year so far today and this has always been the risk following its relentless climb higher. Now back at...read more: Spread Trading 27 Nov 09
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Spread Trading 26 Nov 09 updated 26-Nov-09 |
The currency markets finally broke out of their trading ranges for the Yen and Euro with the Dollar finally breaking below ¥87.12 against the Yen and above...read more: Spread Trading 26 Nov 09
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Spread Trading 25 Nov 09 updated 25-Nov-09 |
All the major popular markets remain tied in their trading ranges, bar gold of course, although oil is looking a bit weak just at the moment. The black stuff yet again hit its...read more: Spread Trading 25 Nov 09
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Spread Trading 24 Nov 09 updated 24-Nov-09 |
Sterling continues to trade well versus the Dollar but remains weak against the Yen and Euro. This is proving something of a problem for global contracts, which are generally...read more: Spread Trading 24 Nov 09
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Spread Trading 23 Nov 09 updated 23-Nov-09 |
Euro Dollar is surging ahead to just below the $1.5000 level, where for now it seems to be backing off a little once again. Momentum for Euro Dollar continues to...read more: Spread Trading 23 Nov 09
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Spread Trading 20 Nov 09 updated 20-Nov-09 |
The Nikkei has lost some 3.5% this week and other Asian indices have been weak. The German Dax has still failed to mark new...read more: Spread Trading 20 Nov 09
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Spread Trading 19 Nov 09 updated 19-Nov-09 |
For the Dow and S&P the failure to make headway on the rallies of last week may also begin to weigh on investors and profit taking may become...read more: Spread Trading 19 Nov 09
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Spread Trading 18 Nov 09 updated 18-Nov-09 |
A small recovery from the lows by Asian indices overnight meant our FTSE quote recovered from overnight loses as we were calling the market to open...read more: Spread Trading 18 Nov 09
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Spread Trading 17 Nov 09 updated 17-Nov-09 |
Currency markets are all about US weakness and yesterday proved to be the turn of the Pound to make a break for the hills. We talked about...read more: Spread Trading 17 Nov 09
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Spread Trading 16 Nov 09 updated 16-Nov-09 |
Commodities are attempting a surge in early action but Oil seems surprisingly resistant to the wiles of the market move especially considering the current weakness in the Dollar. No such fears for Gold, which continues to...read more: Spread Trading 16 Nov 09
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Spread Trading 13 Nov 09 updated 13-Nov-09 |
Currency markets continue to 'to and fro' with the Pound bouncing up and down under the influence of rating agency ponderings over the AAA rating of Gilts. Dollar weakness continues to mean...read more: Spread Trading 13 Nov 09
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Spread Trading 12 Nov 09 updated 12-Nov-09 |
The FTSE this morning started with some buying right from the open as we were calling it to open a little lower but in early action...read more: Spread Trading 12 Nov 09
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Spread Trading 11 Nov 09 updated 11-Nov-09 |
The FTSE is testing resistance this morning after a good session in Asia and, just when the markets looked a little top heavy, we continue higher and...read more: Spread Trading 11 Nov 09
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Spread Trading 10 Nov 09 updated 10-Nov-09 |
Gold managed to rally above $1100 yesterday taking the weakness in the Dollar as its reason. One of our most profitable clients actually opened a short at $1111.0, just about the all time high, and is...read more: Spread Trading 10 Nov 09
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Spread Trading 9 Nov 09 updated 09-Nov-09 |
The currencies have started the week with a bang with Sterling being one of the main beneficiaries of Dollar weakness and also making a little ground against the Euro. Cable is at a...read more: Spread Trading 9 Nov 09
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Spread Trading 6 Nov 09 updated 06-Nov-09 |
Currency markets are turning a bit Dollar unfriendly once more with the Euro regaining the $1.4860 level. The Euro had been showing signs of weakness last week but this now seems to be...read more: Spread Trading 6 Nov 09
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Spread Trading 5 Nov 09 updated 05-Nov-09 |
The uneventful session in the US last night was a little surprising as the FOMC usually provides some fireworks, but investors are really waiting for the non farm numbers tomorrow. We shouldn't discount today's interest rate decisions from...read more: Spread Trading 5 Nov 09
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Spread Trading 4 Nov 09 updated 04-Nov-09 |
This morning sees the FTSE called back up at 5070 and, with pre-market action being very quiet indeed, we might, for the first time in a week or so, be looking at a more...read more: Spread Trading 4 Nov 09
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Spread Trading 3 Nov 09 updated 03-Nov-09 |
The FTSE is trading down at 5030 in early action and our clients continue to see any weakness as a buying opportunity. Support is in evidence at just below...read more: Spread Trading 3 Nov 09
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Spread Trading 2 Nov 09 updated 02-Nov-09 |
The Dax remains under heavy pressure this morning having fallen some 10% from the highs in the last five or six sessions. Corporate profitability in Europe has been...read more: Spread Trading 2 Nov 09
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Spread Trading 30 Oct 09 updated 30-Oct-09 |
The FTSE 100 has opened pretty much unchanged this morning after looking like putting on 20 points at the US close last night. We might now be in a situation of being...read more: Spread Trading 30 Oct 09
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Spread Trading 29 Oct 09 updated 29-Oct-09 |
As mentioned a few days ago the markets all seemed to be trading in tandem with the Euro. Strong Euro = strong markets. The sell off in the Euro has now gone hand in hand with weakness in Shares, Crude Oil, Gold etc. As discussed, this is ridiculous but...read more: Spread Trading 29 Oct 09
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Spread Trading 28 Oct 09 updated 28-Oct-09 |
Gold has slipped to $1,038 this morning. In the Crude Oil spread betting markets we get our weekly Wednesday heart attack at 14.30 (London time) with the inventory numbers. These are expected to be...read more: Spread Trading 28 Oct 09
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Spread Trading 27 Oct 09 updated 27-Oct-09 |
The FTSE 100 is looking to open some 10 points to the good this morning at around the 5200 mark. The S&P 500 and the Dow have the same bull trend line as the FTSE in sight but are still...read more: Spread Trading 27 Oct 09
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Spread Trading 26 Oct 09 updated 26-Oct-09 |
Gold remains comatose after yet another attempt to break above $1065 ended in failure and the $1045 to $1065 range is becoming ever more entrenched. Crude Oil does indeed seem to have found a...read more: Spread Trading 26 Oct 09
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Spread Trading 23 Oct 09 updated 23-Oct-09 |
The FTSE 100 is being called at 5250 up 40 points - where we closed the evening session yesterday. Oddly enough the indices markets seem to be following the fortunes of the Dollar at the moment - on a micro analysis. Any weakness in the...read more: Spread Trading 23 Oct 09
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Spread Trading 22 Oct 09 updated 22-Oct-09 |
Decision day is looming for Kraft in the Cadbury battle but the position is really difficult for them and for shareholders. The main problem for those with Cadbury shares is that there has been no...read more: Spread Trading 22 Oct 09
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Spread Trading 21 Oct 09 updated 21-Oct-09 |
All the Indices are being called 'unchanged / slightly higher' in pre-market action. It is tempting to say that the late sell off yesterday afternoon and evening as been easily defeated. The FTSE 100 is quoted at...read more: Spread Trading 21 Oct 09
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Spread Trading 20 Oct 09 updated 20-Oct-09 |
Currency markets are showing Euro strength once again and the EUR/USD is now above the $1.4966 resistance after rallying very early this morning. The EUR/JPY cross has traded in a very...read more: Spread Trading 20 Oct 09
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Spread Trading 19 Oct 09 updated 19-Oct-09 |
While the headlines last week were all about 'new highs' etc, etc it must be pointed out that in very early action the FTSE 100 and DAX 30 are now back below the intraday highs of mid-September. The US's Dow and S&P are still...read more: Spread Trading 19 Oct 09
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Spread Trading 16 Oct 09 updated 16-Oct-09 |
So just when the headlines are full of doom and gloom for the Dollar is probably the time to start buying them, when sentiment is so negative and the last couple of...read more: Spread Trading 16 Oct 09
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Spread Trading 15 Oct 09 updated 15-Oct-09 |
There were new yearly highs for virtually every major spread betting market yesterday as the belief that the worst is over builds up ever more steam. On top of this the...read more: Spread Trading 15 Oct 09
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Spread Trading 14 Oct 09 updated 14-Oct-09 |
The S+P 500 has now surpassed the 1070 and its September high, the DAX 30 has done the same and the FTSE 100 is not far behind. Our call for...read more: Spread Trading 14 Oct 09
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Spread Trading 13 Oct 09 updated 13-Oct-09 |
Our spread betting accounts have been selling heavily this morning into anything even remotely looking like...read more: Spread Trading 13 Oct 09
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Spread Trading 12 Oct 09 updated 12-Oct-09 |
All the major indices though are still under the highs of September. The FTSE 100 is still struggling at the high 5100's, the DAX 30 is seemingly unable to breach 5760 and the S+P, after putting...read more: Spread Trading 12 Oct 09
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Spread Trading 9 Oct 09 updated 09-Oct-09 |
At $71 for the November Nymex, we are nearer to the top of the band and we must fear that the pressure...read more: Spread Trading 9 Oct 09
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Spread Trading 8 Oct 09 updated 08-Oct-09 |
Mining stocks have surged on the moves in Copper, Gold and Alcoa's earnings numbers. Employment numbers in Australia moved higher as well (Mining) as demand for...read more: Spread Trading 8 Oct 09
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Spread Trading 7 Oct 09 updated 07-Oct-09 |
The headlines are not about equities at the moment but more about currencies and metals, in particular Gold which finally breached its all time high. The Australian Dollar continues...read more: Spread Trading 7 Oct 09
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Spread Trading 6 Oct 09 updated 06-Oct-09 |
The economic data over the last few weeks has failed to keep up with the expectations of the market. Throughout July and August we were regularly...read more: Spread Trading 6 Oct 09
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Spread Trading 5 Oct 09 updated 05-Oct-09 |
The FTSE has tried to open higher this morning but selling pressure has immediately been in evidence. As mentioned on Friday, with the FTSE 100 there is support from 4980-5020 and then down at 4930-4940. We seem to be finding...read more: Spread Trading 5 Oct 09
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Spread Trading 2 Oct 09 updated 02-Oct-09 |
The FTSE 100 is some 180 from the highs now and close to the 5000 level. Investors are probably worrying as to whether this is the precursor to another collapse. We did mention in this comment, on the last day of September, that October is generally not a happy month when things are...read more: Spread Trading 2 Oct 09
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Spread Trading 1 Oct 09 updated 01-Oct-09 |
The markets are pretty much where they were this time yesterday - a bit lower for the Dow, S&P and Dax but not significantly. This high range of above 5100, 5700, 9700 and 1050 for the FTSE 100, DAX 30, Dow Jones and S&P 500 respectively is becoming...read more: Spread Trading 1 Oct 09
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Spread Trading 30 Sep 09 updated 30-Sep-09 |
End of the month and we have quite a bit of data to interest us this afternoon with the US GDP at 13.30, the Chicago Purchasing number at 14.45 and the Oil inventories at 15.30. There might be a natural desire to offload positions into the week as we enter the dreaded ...read more: Spread Trading 30 Sep 09
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Spread Trading 29 Sep 09 updated 29-Sep-09 |
What a strange day. Yesterday started with virtually every asset class taking a bit of a battering. It ended with the FTSE, Dax, Dow and S&P all pushing towards the recent highs (but none actually threatening them), Sterling reversing the...read more: Spread Trading 29 Sep 09
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Spread Trading 28 Sep 09 updated 28-Sep-09 |
This morning sees a bit of weakness across the board with the FTSE 100 trading some 30 points lower along with the S&P 500, Gold and Oil. However, there has already been a bit of an odd opening in some indices with the Dax...read more: Spread Trading 28 Sep 09
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Spread Trading 25 Sep 09 updated 25-Sep-09 |
That said, this isn't the case for our spread betting account holders who have been opposing the move over the last few days, buying into the weakness and expecting a bounce back towards...read more: Spread Trading 25 Sep 09
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Spread Trading 24 Sep 09 updated 24-Sep-09 |
The weekly Oil inventory number is nothing new. Its impact on the markets has generally, and quite naturally, been restricted to the price of crude oil. As we commented on Monday the inventory numbers appeared quite satisfactory but that ...read more: Spread Trading 24 Sep 09
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Spread Trading 22 Sep 09 updated 22-Sep-09 |
If we manage to get over 5170/75 then we cannot expect much more than a further 25 points towards the highs of Friday at 5200. Risk-reward potential would indicate that there is probably more space...read more: Spread Trading 22 Sep 09
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Spread Trading 21 Sep 09 updated 21-Sep-09 |
New highs on Friday seem to be leaving traders this morning rather confused. Resistance levels all over the shop have been defeated. On the other hand, some of the future state spending cuts are starting to trickle through into the investor consciousness. Over the weekend we have heard that a huge...read more: Spread Trading 21 Sep 09
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Spread Trading 17 Sep 09 updated 17-Sep-09 |
The Dollar is weakening in early moves and this is helping to maintain the latest oil move with Nymex now back up to the 72 Dollar level. $73.20 seems to be the target for the bulls at the moment with the obvious 75 Dollar high of August being the long term aim for the producers. Inventories fell sharply last week but distillates actually...read more: Spread Trading 17 Sep 09
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Spread Trading 16 Sep 09 updated 16-Sep-09 |
Cable managed to hold above $1.6400 yesterday as we continue to trade in the low $1.60's to mid to high $1.60's range. For that last four months anyone selling above $1.6550 and buying below $1.6200 would have made a killing many times over. At some point a confirmed break will occur and then sparks will fly but it must be remembered that...read more: Spread Trading 16 Sep 09
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Spread Trading 15 Sep 09 updated 15-Sep-09 |
Markets seem unable to get away from testing the 5040 level but, conversely, just do not have the power to break through above 5050/5070 mentioned, quite a few times recently, as a major resistance level. Over the last eight or nine months there have been a series of...read more: Spread Trading 15 Sep 09
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Spread Trading 14 Sep 09 updated 14-Sep-09 |
Suddenly the world does not seem so cuddly with the 5050-70 region in the FTSE (mentioned here several times over the last week) having been rejected for the second time in two days on Friday. The valuations for equities appears to be rather full just for the moment and...read more: Spread Trading 14 Sep 09
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Spread Trading 11 Sep 09 updated 11-Sep-09 |
As mentioned many times over the last few months the Dollar continues to suffer from what looks like benign neglect from the Obama administration. With an awful trade and budget deficit and interest rates at 0.5% there would appear to be little reason for investors to hold the currency and most of the Dollar charts versus the major crosses are...read more: Spread Trading 11 Sep 09
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Spread Trading 10 Sep 09 updated 10-Sep-09 |
We've reached 5000, so what's next? As mentioned yesterday there is a certain amount of profit taking from our clients but they are still shy of getting too bearish at these new highs (quite rightly yesterday) as the momentum of the slow grind higher seems to be showing no signs of easing just yet. Right on the open the FTSE futures index spiked up to...read more: Spread Trading 10 Sep 09
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Spread Trading 9 Sep 09 updated 09-Sep-09 |
Gold has once again failed to close above the $1000 level having sold off in late action to finish at $993. This morning the Far East has had another go and we are currently quoting $1000.0 to $1000.5 just above the mark. Our clients made very sensible trading decisions yesterday waiting to...read more: Spread Trading 9 Sep 09
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Spread Trading 8 Sep 09 updated 08-Sep-09 |
Let the good times roll again. Finally! A real, meaty, takeover battle to get our teeth into. Kraft's initial bid for Cadbury has, in time honoured fashion, been dismissed by the Cadbury board as woefully undervaluing the company. With the price at 796p versus a bid level of 745p the hope for investors will be that...read more: Spread Trading 8 Sep 09
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Spread Trading 7 Sep 09 updated 07-Sep-09 |
The G20 has managed...err...as per usual, nothing very much. Which frankly is a good thing, the constant idea that central bankers and finance ministers have a magic wand to solve the world's problems has been one of the more frustrating elements in the recent crisis. Nothing to do with today's opening of course which seems to have decided that the event was pretty much of the 'non' variety. The FTSE 100 Index is...read more: Spread Trading 7 Sep 09
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Spread Trading 4 Sep 09 updated 04-Sep-09 |
We have now spent the last three days in a very tight range. For the FTSE 100 that's been, roughly, below 4840 and above 4780. For the Dow Jones the range has been below 9350 and above 9250. To be fair the pressure has generally...read more: Spread Trading 4 Sep 09
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Spread Trading 3 Sep 09 updated 03-Sep-09 |
After several days of testing the downside the markets are rebounding in strong fashion this morning. Dealers seem confident that the selling has now petered out. From the activity we have seen so far...read more: Spread Trading 3 Sep 09
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Spread Trading 2 Sep 09 updated 02-Sep-09 |
As corporate debt becomes ever more of an issue, not just commercially but also politically, the banks will come under increasing pressure to 'lend more'. Unfortunately for the government this will probably mean strong-arming RBS and Lloyds as their hold over Barclays and HSBC has probably weakened over the last six months. It is the banks job to...read more: Spread Trading 2 Sep 09
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Spread Trading 1 Sep 09 updated 01-Sep-09 |
In the currency markets, the Pound has regained a bit of sang-froid after testing the sub $1.62 level once more yesterday. As commented several times recently the $1.62 to $1.66 range has been quite dominant since the end of May. While there have been a couple of attempts to...read more: Spread Trading 1 Sep 09
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Spread Trading 28 Aug 09 updated 28-Aug-09 |
The FTSE 100 reached a low of around 4850 matching the level of the short pull back on Monday evening. It seems that there might be some support at this level being built up. To the upside we are...read more: Spread Trading 28 Aug 09
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Spread Trading 27 Aug 09 updated 27-Aug-09 |
Our spread betting clients certainly think so and we have seen nothing but sellers for some little time. If one extrapolates our experience over other companies it is quite simple to postulate that too many people are short for the market to actually fall. On top of this is the current...read more: Spread Trading 27 Aug 09
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Spread Trading 26 Aug 09 updated 26-Aug-09 |
It's the partly nationalised banks that once again head up the FTSE 100's leader board with RBS and Lloyds in amongst the main gainers. As the market continues higher there have started to be...read more: Spread Trading 26 Aug 09
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Spread Trading 25 Aug 09 updated 25-Aug-09 |
A little profit taking is the order of the day. However, things are a little better than our original calls for the market to open around 4855. The current 4870 really does not look too bad. After the Dow was unable...read more: Spread Trading 25 Aug 09
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Spread Trading 24 Aug 09 updated 24-Aug-09 |
Trading is very quiet in early action even though, as mentioned, the markets are called substantially changed from Friday's close. It seems our spread betting clients will be waiting to see if the 'calls' actually become reality when the indices...read more: Spread Trading 24 Aug 09
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Spread Trading 21 Aug 09 updated 21-Aug-09 |
Yesterday was one of those sessions to forget for the indices as, after recovering most of the previous few sessions losses, the FTSE lost its way and struggled to make any kind of headway either...read more: Spread Trading 21 Aug 09
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Spread Trading 20 Aug 09 updated 20-Aug-09 |
The most spectacular result was GBP/JPY which managed to drop several hundred points to within 1 pip of the ?153.60 support mentioned. Sterling/Yen has now...read more: Spread Trading 20 Aug 09
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Spread Trading 19 Aug 09 updated 19-Aug-09 |
The markets are generally looking a tad dodgy just now after the attempt to rally after Monday's falls has petered out rather easily. For the FTSE 100, all eyes will be on the minor support just below 4625 which has...read more: Spread Trading 19 Aug 09
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Spread Trading 18 Aug 09 updated 18-Aug-09 |
While the US markets closed close to their lows these were actually not much lower than the levels hit in the morning European session. Commodities also endured a heavy bout of...read more: Spread Trading 18 Aug 09
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Spread Trading 17 Aug 09 updated 17-Aug-09 |
The markets are opening rather nastily to the downside this morning. At the moment our spread betting clients are looking for a return to the upside. As has been mentioned a few times recently...read more: Spread Trading 17 Aug 09
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Spread Trading 13 Aug 09 updated 13-Aug-09 |
Comments yesterday were written with Crude Oil, Gold, Indices and Sterling etc all probing the lows and the musings were over the possibility of support levels being broken. All a waste of time in hindsight as the markets promptly...read more: Spread Trading 13 Aug 09
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Spread Trading 12 Aug 09 updated 12-Aug-09 |
Commercial lending came back into the spotlight as CIT, over in the States, announced that Chapter 11 was certain if they were unable to arrange further finance. While the big beasts on Wall Street and the City were in the...read more: Spread Trading 12 Aug 09
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Spread Trading 11 Aug 09 updated 11-Aug-09 |
The hit taken by Rio over the last few days in response to their woes over China seem to be abating somewhat as cooler heads seem to be getting involved. Foreign investment does not take kindly to retroactive legislation...read more: Spread Trading 11 Aug 09
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Spread Trading 10 Aug 09 updated 10-Aug-09 |
The world continues to ask whether we are in the initial phases of a bull run or the process of building a bear market bounce whilst volumes continue to be light. For the proponents of the bull market thesis the lack of ...read more: Spread Trading 10 Aug 09
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Spread Trading 7 Aug 09 updated 07-Aug-09 |
The 4700 level has proved a bridge too far for the FTSE 100 and stocks are in for a bout of profit taking. The gains made to now have been on the back of a...read more: Spread Trading 7 Aug 09
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Spread Trading 6 Aug 09 updated 06-Aug-09 |
Markets continue to hammer at the highs with the odd dip down to allow short position takers to realise small profits. Traders will have to be wary that they do not get too carried away selling these highs as the combined weight of weak...read more: Spread Trading 6 Aug 09
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Spread Trading 5 Aug 09 updated 05-Aug-09 |
Oil traders are trying to play the Brent/Nymex (UK Crude/US Crude) spread but this is proving to be a tad difficult as the spread continues to widen. Normally Brent trades at...read more: Spread Trading 5 Aug 09
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Spread Trading 4 Aug 09 updated 04-Aug-09 |
GBP/USD had a couple of peeks at the $1.70 level overnight both of which have been rejected quite firmly. It is pleasant to see the pound doing...read more: Spread Trading 4 Aug 09
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Spread Trading 3 Aug 09 updated 03-Aug-09 |
Crude Oil continues to rally up towards the recent highs with $72.80 in Brent Crude looking to be a solid barrier. The 10 day rally in prices through the...read more: Spread Trading 3 Aug 09
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Spread Trading 31 Jul 09 updated 31-Jul-09 |
When you look at the candlestick chart of the FTSE, we are at levels that formed highs in 2008 when the market tried to recover from the massive fallout in Q4. Sellers must be of...read more: Spread Trading 31 Jul 09
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Spread Trading 30 Jul 09 updated 30-Jul-09 |
Royal Dutch Shell's numbers have received a mixed response from the market which is hardly surprising since the price of their product has halved in a year and demand for it has also slumped. Crude oil prices have...read more: Spread Trading 30 Jul 09
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Spread Trading 29 Jul 09 updated 29-Jul-09 |
You have only got to look back a few weeks when hundreds of technical gurus were calling for lower prices after the Dow Jones and S+P 500 had formed a...read more: Spread Trading 29 Jul 09
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Spread Trading 28 Jul 09 updated 28-Jul-09 |
Despite the records and the relentless rally spread betting clients continue to sell into the strength. There was a brief moment last night when we saw a few buyers creep in, but the higher the FTSE goes, the more investors expect...read more: Spread Trading 28 Jul 09
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Spread Trading 27 Jul 09 updated 27-Jul-09 |
So, the equity markets continue their march higher and the FTSE 100 is on the cusp of matching its record of eleven straight gains in a row. The market is finding early trading a bit...read more: Spread Trading 27 Jul 09
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Spread Trading 24 Jul 09 updated 24-Jul-09 |
Since last Monday the FTSE has rallied 10%, but the Dow is up 11%, the Nasdaq 100 is 12% better off and the DAX 30 has put on an amazing...read more: Spread Trading 24 Jul 09
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Spread Trading 23 Jul 09 updated 23-Jul-09 |
The current gains are significant. Whilst our spread betting account clients continue to resist the trend by betting against the momentum it often...read more: Spread Trading 23 Jul 09
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Spread Trading 22 Jul 09 updated 22-Jul-09 |
US Futures are under pressure this morning and at the time of writing we are calling the Dow Jones to open...read more: Spread Trading 22 Jul 09
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Spread Trading 21 Jul 09 updated 21-Jul-09 |
Our spread betting accounts continue to go against the flow of the markets selling into the strength and taking quick profits on any dips, of which there have been few in the last seven days. With the S+P 500 closing at ...read more: Spread Trading 21 Jul 09
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Spread Trading 20 Jul 09 updated 20-Jul-09 |
The Sterling/Dollar market is romping ahead. Following all the talk back in June that a breach of...read more: Spread Trading 20 Jul 09
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Spread Trading 17 Jul 09 updated 17-Jul-09 |
Spread betting clients remain bulls of gold which oscillated yesterday and for the time being seems content just below the $940 level. Support is seen around...read more: Spread Trading 17 Jul 09
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Spread Trading 16 Jul 09 updated 16-Jul-09 |
Our equity spread betting clients who have been very long of stocks for several weeks now are breathing a sigh of relief at the reversal in fortunes. Virtually every asset class did well in the move including...read more: Spread Trading 16 Jul 09
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Spread Trading 15 Jul 09 updated 15-Jul-09 |
While the bounce from the lows is very encouraging it must be admitted that we are still under some serious resistance at between 4285 and 4300 and our spread betting clients are now selling as enthusiastically as they were buying a few days ago. It appears that we might be stuck in...read more: Spread Trading 15 Jul 09
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Spread Trading 14 Jul 09 updated 14-Jul-09 |
The steady stream of buyers that I mentioned from our spread trading clients yesterday (and, to be fair, in the previous week as well) obviously found matching sympathy with the professionals. With the FTSE now at 4200 the support level mentioned at 4125 is a long way away. Not so...read more: Spread Trading 14 Jul 09
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Spread Trading 13 Jul 09 updated 13-Jul-09 |
The FTSE is currently hovering around the 4100 level with 'bottom pickers' buying everything in sight on our spread betting platform. It would be wise, as we have stated many times over the last month or so, to be wary of any bounce back. However we find...read more: Spread Trading 13 Jul 09
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Spread Trading 10 Jul 09 updated 10-Jul-09 |
Gold is attempting to bounce from the recent sell off as traders eye the $900 level. As mentioned in yesterdays comment I am not a great fan of the yellow metal but...read more: Spread Trading 10 Jul 09
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Spread Trading 9 Jul 09 updated 09-Jul-09 |
For those who follow candlestick charts, the rather nice Hammer in both the Dow and S+P might be an indication of a bullish signal in a bear market. The FTSE closed at its lowest level for two months and we are now at the top of...read more: Spread Trading 9 Jul 09
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Spread Trading 8 Jul 09 updated 08-Jul-09 |
Our spread betting clients are continuing to buy any weakness in anticipation of a potential rebound from the current fragility. As mentioned...read more: Spread Trading 8 Jul 09
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Spread Trading 7 Jul 09 updated 07-Jul-09 |
Last week we commented on three separate occasions that the Oil rally continued to be a price too far for buyers in the Brent Crude Oil contract. The subsequent activity since...read more: Spread Trading 7 Jul 09
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Spread Trading 6 Jul 09 updated 06-Jul-09 |
It is a bit awkward - we start the week off right on (or around) the major support levels in the FTSE 100, Dow Jones, S+P 500 and DAX 30. The ...read more: Spread Trading 6 Jul 09
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Spread Trading 3 Jul 09 updated 03-Jul-09 |
Financial Spreads clients very heavily long of all the indices and the initial move is very nice for them with a return to the mid 4200's in the FTSE 100 already. The US markets are...read more: Spread Trading 3 Jul 09
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Spread Trading 2 Jul 09 updated 02-Jul-09 |
The US session started with a spring in its step but gradually gave back all its gains throughout the day. US futures are weaker too and already we are calling the Dow Jones to open...read more: Spread Trading 2 Jul 09
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Spread Trading 1 Jul 09 updated 01-Jul-09 |
The forex markets traded a bit of tit for tat as the UK's better than expected housing data was...read more: Spread Trading 1 Jul 09
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Spread Trading 30 Jun 09 updated 30-Jun-09 |
The Pound has gone for broke and moved straight out of the recent trading ranges. The 07.00 to 09.00 (UK time) trading period is becoming quite interesting as...read more: Spread Trading 30 Jun 09
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Spread Trading 29 Jun 09 updated 29-Jun-09 |
Financial Spread Clients continue to buy the weakness as this has proved to be the correct decision for some considerable time but it must be noted that...read more: Spread Trading 29 Jun 09
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Spread Trading 26 Jun 09 updated 26-Jun-09 |
The Anglo/Xstrata tie up is going to run and run before anything will come of it and Anglo's share price is...read more: Spread Trading 26 Jun 09
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Spread Trading 25 Jun 09 updated 25-Jun-09 |
Sterling, yet again, played the range yesterday. By the look of our books our Financial Spread Accounts seem to have picked this one out as well. $1.6200 to $1.6550 vs the dollar has been the play to follow for...read more: Spread Trading 25 Jun 09
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Spread Trading 24 Jun 09 updated 24-Jun-09 |
We are seeing heavy buying from Financial Spreads clients who have watched the FTSE 100 Index unsuccessfully trying to break below 4200 for the last couple of days. While I can empathise with...read more: Spread Trading 24 Jun 09
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Spread Trading 23 Jun 09 updated 23-Jun-09 |
As commented last week, the currency markets, especially sterling/dollar, are becoming ever more popular as the trading ranges seem to...read more: Spread Trading 23 Jun 09
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Spread Trading 22 Jun 09 updated 22-Jun-09 |
When you look at the charts for equity indices at the moment, they all seem to have reached a point where they simply don't seem to know where to turn next. Support is significant enough to have...read more: Spread Trading 22 Jun 09
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Spread Trading 19 Jun 09 updated 19-Jun-09 |
Taylor Wimpey has given a reasonably upbeat comment of business levels showing a plus 70% improvement in its order book from...read more: Spread Trading 19 Jun 09
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Spread Trading 18 Jun 09 updated 18-Jun-09 |
The Dow Jones, Gold, Crude Oil and S+P 500 are bouncing from last night's close. Whilst the FTSE is struggling to follow suit, it is one thing to suggest a lagging or...read more: Spread Trading 18 Jun 09
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Spread Trading 17 Jun 09 updated 17-Jun-09 |
On the spread betting currency exchanges the pound managed to rally on the back of worse than expected inflation numbers giving traders...read more: Spread Trading 17 Jun 09
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Spread Trading 16 Jun 09 updated 16-Jun-09 |
The indices remain well and truly stuck, much to our financial spread clients' glee. Current trading patterns are almost like taking candy from a baby. For indices traders, the last six weeks has been a matter of...read more: Spread Trading 16 Jun 09
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Spread Trading 15 Jun 09 updated 15-Jun-09 |
On the Forex spread betting front the pound is having to work hard to maintain its recent good run and the failure on Friday to hold the...read more: Spread Trading 15 Jun 09
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Spread Trading 12 Jun 09 updated 12-Jun-09 |
The DAX 30 has put on 4%, the S+P 500 has risen 7% and the Nikkei 225 has stormed ahead 10%. This is also more surprising when you consider how...read more: Spread Trading 12 Jun 09
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Spread Trading 11 Jun 09 updated 11-Jun-09 |
Another red letter day for our financial spread clients as the FTSE yet again battled ineffectively against the 4500 level. Selling at or near to 4500 and buying on any weakness has proved to be very profitable for...read more: Spread Trading 11 Jun 09
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Spread Trading 10 Jun 09 updated 10-Jun-09 |
Metal prices are also on the up, with Copper hitting its highest level since October following the reports of better than expected...read more: Spread Trading 10 Jun 09
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Spread Trading 9 Jun 09 updated 09-Jun-09 |
Sterling has recovered some of the losses of recent days. We bounced neatly off the 'support' at around the $1.58 level and then, as mentioned...read more: Spread Trading 9 Jun 09
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Spread Trading 8 Jun 09 updated 08-Jun-09 |
Crude Oil is slipping again today as reports over energy consumption continue to show dramatic reductions. OPEC did mention...read more: Spread Trading 8 Jun 09
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Spread Trading 5 Jun 09 updated 05-Jun-09 |
Even though the GBP/USD spread betting market has fallen from a high of $1.6670 on Wednesday to the current $1.6050 there have been some big...read more: Spread Trading 5 Jun 09
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Spread Trading 4 Jun 09 updated 04-Jun-09 |
If you look at the charts for the year-to-date you will see that virtually every shift (up or down) has started on the first Friday of the Month...read more: Spread Trading 4 Jun 09
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Spread Trading 3 Jun 09 updated 03-Jun-09 |
Our spread betting clients have started to get short of Sterling having generally been trading the right way, on the way up. While resistances and supports do lend weight to...read more: Spread Trading 3 Jun 09
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Spread Trading 2 Jun 09 updated 02-Jun-09 |
On the Forex spread betting front, the Dollar and Yen have taken a pounding over the last week or so. Whilst much of this might be considered as...read more: Spread Trading 2 Jun 09
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Spread Trading 1 Jun 09 updated 01-Jun-09 |
FTSE 100 is now just below the major 4500-4525 resistance level, having had a go at breaking higher in very early activity already. In the US markets, both the Dow Jones and the S+P 500...read more: Spread Trading 1 Jun 09
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Spread Trading 26 May 09 updated 26-May-09 |
US futures are indicating a negative start to trading this afternoon. At the time of writing we are calling the Dow to open 27 points lower at 8250, the S+P 500, 3.5 lower at 883.5 and the Nasdaq 100 off as much as...read more: Spread Trading 26 May 09
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Spread Trading 22 May 09 updated 22-May-09 |
British Airways is reporting a record loss and the share price is suffering. The UK carrier has had its fair share of turbulence over the past year. Not only are fuel costs to blame for the massive fall in profitability, but...read more: Spread Trading 22 May 09
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Spread Trading 21 May 09 updated 21-May-09 |
The FTSE is looking particularly difficult to breach and our spread betting account holders made hay in the fall out yesterday as the heavy selling earned a...read more: Spread Trading 21 May 09
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Spread Trading 20 May 09 updated 20-May-09 |
The recent strength in global indices is actually quite surprising given that the very latest slew of data has not been exactly encouraging. One of the sure fire signs of a turn in the markets is...read more: Spread Trading 20 May 09
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Spread Trading 19 May 09 updated 19-May-09 |
Spread betting clients are selling the rally in the FTSE this morning quite heavily in expectation of a return to the middle of the current range at around 4400 and it is difficult to...read more: Spread Trading 19 May 09
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Spread Trading 18 May 09 updated 18-May-09 |
In the FX spread trading markets the dollar is fighting a rearguard action after the weakness of late April and early May. Versus the Euro the greenback found the...read more: Spread Trading 18 May 09
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Spread Trading 15 May 09 updated 15-May-09 |
Tighter controls on City pay will also likely lead to methods of getting round any new rules. As mentioned in yesterday's spread betting blog, the share options that were given out to many...read more: Spread Trading 15 May 09
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Spread Trading 14 May 09 updated 14-May-09 |
In the Forex markets the pound is weakening again as the problem over the quantitative easing and high levels of...read more: Spread Trading 14 May 09
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Spread Trading 13 May 09 updated 13-May-09 |
Equities tend to move at least six months ahead of the economy and so they are pricing in a 'Recovery' towards the end of this year. Note my caution in...read more: Spread Trading 13 May 09
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Spread Trading 12 May 09 updated 12-May-09 |
Spread betting account holders remain sellers so clearly they are of the view that we are not going to spend too much longer around here. It is difficult not to agree with them, despite many analysts...read more: Spread Trading 12 May 09
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Spread Trading 11 May 09 updated 11-May-09 |
HSBC rose in Asian trade after Goldman Sachs increased their recommendation on the stock from neutral to buy. In London however, HSBC...read more: Spread Trading 11 May 09
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Spread Trading 8 May 09 updated 08-May-09 |
As the RBS CEO himself said, the recovery will take years, not months. With half of the high street banks owned by the government and the other half of them continuing to...read more: Spread Trading 8 May 09
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Spread Trading 7 May 09 updated 07-May-09 |
As a result the euro is under pressure against sterling once again this morning as we currently sit at €1.1365 for GBP/EUR. We are on / near some resistance levels so...read more: Spread Trading 7 May 09
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Spread Trading 6 May 09 updated 06-May-09 |
The day has already got off to a good start with Barclays announcing a rise in first quarter profit. There were also some encouraging noises coming from...read more: Spread Trading 6 May 09
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Spread Trading 5 May 09 updated 05-May-09 |
Forex markets saw some excitement yesterday with cable breaching the $1.5000 mark in style, pushing onto...read more: Spread Trading 5 May 09
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Spread Trading 1 May 09 updated 01-May-09 |
Cable and EUR/USD came in for a bit of profit taking yesterday, failing to make further ground after a good rally so far this week. The euro failed just below...read more: Spread Trading 1 May 09
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Spread Trading 30 Apr 09 updated 30-Apr-09 |
A rally from US indices saw the S+P 500 and Dow Jones recover to levels just below where they ...read more: Spread Trading 30 Apr 09
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Spread Trading 29 Apr 09 updated 29-Apr-09 |
Sterling's strength is continuing this morning both against the Euro and Dollar as once again...read more: Spread Trading 29 Apr 09
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Spread Trading 28 Apr 09 updated 28-Apr-09 |
US indices suffered a late bout of profit taking after news that some of the big banks would not...read more: Spread Trading 28 Apr 09
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Spread Trading 27 Apr 09 updated 27-Apr-09 |
Markets open heavily lower on the Swine Flu fears and airline shares take a pounding...read more: Spread Trading 27 Apr 09
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Spread Trading 24 Apr 09 updated 24-Apr-09 |
Anyone spread betting would seldom have had such a favourable market situation and many have been taking good advantage...read more: Spread Trading 24 Apr 09
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Spread Trading 23 Apr 09 updated 23-Apr-09 |
This morning retailers are propping the market up with some good news from Debenhams. It was not long ago that...read more: Spread Trading 23 Apr 09
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Spread Trading 22 Apr 09 updated 22-Apr-09 |
The FTSE 100 is stuck under 4100 the S&P under 870 the DAX 4675 so is...read more: Spread Trading 22 Apr 09
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Spread Trading 21 Apr 09 updated 21-Apr-09 |
Currencies generally reflect buying power across the globe and occasionally over reach themselves as trends move too far in one direction or the other. While, on the face of it, the pounds recent demise...read more: Spread Trading 21 Apr 09
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Spread Trading 20 Apr 09 updated 20-Apr-09 |
Dealing continues to be trader friendly with few (actually no) break outs in any of the major indices, FX or commodities markets...read more: Spread Trading 20 Apr 09
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Spread Trading 17 Apr 09 updated 17-Apr-09 |
Watching Banking stocks over the last few weeks you would be forgiven for thinking that we were in the midst of the biggest bull run of all time. Barclays has more than quadrupled since...read more: Spread Trading 17 Apr 09
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Spread Trading 16 Apr 09 updated 16-Apr-09 |
The GBP/USD spreads price this morning is back at $1.4942-$1.4945 and this is perilously close to triggering a...read more: Spread Trading 16 Apr 09
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Spread Trading 15 Apr 09 updated 15-Apr-09 |
We are now looking at two critical but slightly opposing levels. $1.3115 for the down side of the Euro / Dollar and $1.4950 for the upside of the Pound / Dollar. With Sterling continuing...read more: Spread Trading 15 Apr 09
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Spread Trading 14 Apr 09 updated 14-Apr-09 |
Into the mix though must be thrown the fact that the defensive play on Gold seems to have raised its head again, albeit mainly due...read more: Spread Trading 14 Apr 09
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Spread Trading 9 Apr 09 updated 09-Apr-09 |
On the forex front the Euro is making up some of the recently lost ground but is struggling to make headway above minor resistance at...read more: Spread Trading 9 Apr 09
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Spread Trading 8 Apr 09 updated 08-Apr-09 |
The Far East has come in for a pounding overnight with the Nikkei 225 off 250 points and the Hang Seng fully 600 points into red territory (a fall of 4%). While action in the Orient has a...read more: Spread Trading 8 Apr 09
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Spread Trading 7 Apr 09 updated 07-Apr-09 |
The FTSE 100 futures neatly closed the gap opened up at 3960 on last...read more: Spread Trading 7 Apr 09
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Spread Trading 6 Apr 09 updated 06-Apr-09 |
Nevertheless the fact remains that the DAX 30, Dow and S&P have all hit new recent highs...read more: Spread Trading 6 Apr 09
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Spread Trading 3 Apr 09 updated 03-Apr-09 |
The Dollar/Yen cross has finally regained the ¥100 level versus the Yen but this mark has proved to be something of a poisoned one over the last year or so with prices either rejecting it violently or...read more: Spread Trading 3 Apr 09
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Spread Trading 2 Apr 09 updated 02-Apr-09 |
The only small fly in the ointment is that the commodity markets do not seem to be joining in the fun. Oil has dropped...read more: Spread Trading 2 Apr 09
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Spread Trading 1 Apr 09 updated 01-Apr-09 |
Gold continues to trade around the $920 mark and this morning we're at $919. There seems to be some reluctance in a move in...read more: Spread Trading 1 Apr 09
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Spread Trading 31 Mar 09 updated 31-Mar-09 |
The euro dollar is also better this morning having suffered yesterday as expectations of another...read more: Spread Trading 31 Mar 09
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Spread Trading 27 Mar 09 updated 27-Mar-09 |
We were drawing the attention of readers to the ridiculous sell-off in Barclays just a couple of weeks ago. It is gratifying to see...read more: Spread Trading 27 Mar 09
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Spread Trading 26 Mar 09 updated 26-Mar-09 |
The test for the FTSE now is 4000 which has only been flirted with so far this week. On Tuesday morning our quote rose above 4000 but the underlying cash index is yet to...read more: Spread Trading 26 Mar 09
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Spread Trading 25 Mar 09 updated 25-Mar-09 |
Currency markets have been a little quiet overnight but the dollar seems to be clawing back a little of its loses from...read more: Spread Trading 25 Mar 09
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Spread Trading 24 Mar 09 updated 24-Mar-09 |
Even Lloyds is doing its best to shrug off the recent disasters. With the huge injections to the toxic debt insurance plan there is a feeling that...read more: Spread Trading 24 Mar 09
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Spread Trading 23 Mar 09 updated 23-Mar-09 |
At $1.4570 the GBP/USD cross is looking solid but traders should be aware that...read more: Spread Trading 23 Mar 09
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Spread Trading 20 Mar 09 updated 20-Mar-09 |
?0.95 versus the pound seems a similarly difficult pinnacle to conquer and aside from an abortive break right in the dying embers of 2008 the EUR/GBP cross has rejected...read more: Spread Trading 20 Mar 09
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Spread Trading 19 Mar 09 updated 19-Mar-09 |
Oh, and the US Long Bond rallied 700 pips at one point. Not the biggest ever one day range as it had a twelve point high/low back in Oct 1987 but still...read more: Spread Trading 19 Mar 09
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Spread Trading 18 Mar 09 updated 18-Mar-09 |
With the return to a more positive outlook in the equity markets we might now start to analyse returns rather more closely. Yield on stocks makes a mockery of...read more: Spread Trading 18 Mar 09
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Spread Trading 17 Mar 09 updated 17-Mar-09 |
Forex markets continue to oscillate around the same old levels, tracing and retracing ranges. The sentiment is Euro negative but...read more: Spread Trading 17 Mar 09
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Spread Trading 16 Mar 09 updated 16-Mar-09 |
There are also other reasons to be slightly more cheerful with OPEC deciding to hold production levels once again which should remove immediate pressure for crude oil price hikes but...read more: Spread Trading 16 Mar 09
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Spread Trading 13 Mar 09 updated 13-Mar-09 |
The DAX 30 was briefly trading underneath the FTSE 100 towards the end of last month but...read more: Spread Trading 13 Mar 09
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Spread Trading 12 Mar 09 updated 12-Mar-09 |
Despite the fall expected in the FTSE 100 on the open this morning the news flow is a little mixed with supermarket Morrison posting...read more: Spread Trading 12 Mar 09
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Spread Trading 11 Mar 09 updated 11-Mar-09 |
The Dow Jones of course also move heavily to the upside with a 350 point reversal. However, as with the FTSE, the Dow only managed to breach...read more: Spread Trading 11 Mar 09
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Spread Trading 10 Mar 09 updated 10-Mar-09 |
The weakness in Gold might also be something of a short term bull indicator for equities as investors start to offload...read more: Spread Trading 10 Mar 09
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Spread Trading 9 Mar 09 updated 09-Mar-09 |
Despite a decline in Asian indices this morning the FTSE is expected to...read more: Spread Trading 9 Mar 09
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Spread Trading 6 Mar 09 updated 06-Mar-09 |
While hedge funds are rumoured (yet again) to have made money shorting banks the same cannot be said for the bulk of our spread bettors who unfortunately...read more: Spread Trading 6 Mar 09
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Spread Trading 5 Mar 09 updated 05-Mar-09 |
Yes, indices are weak but at some point they will (presumably) stabilise and then investors will be looking at zero yield versus...read more: Spread Trading 5 Mar 09
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Spread Trading 4 Mar 09 updated 04-Mar-09 |
Unfortunately spread betting accounts were sucked into the rally first...read more: Spread Trading 4 Mar 09
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Spread Trading 3 Mar 09 updated 03-Mar-09 |
Sterling ran into another selling frenzy yesterday taking the Cable cross below $1.40 for the first time since...read more: Spread Trading 3 Mar 09
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Spread Trading 2 Mar 09 updated 02-Mar-09 |
Once again, Gold is bouncing against a weakening equity scenario but traders should beware that...read more: Spread Trading 2 Mar 09
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Spread Trading 27 Feb 09 updated 27-Feb-09 |
Sterling seems to have acquired a rubber ball status with the market rallying, falling, rallying, falling on an almost daily basis. Yesterday was the turn of the ...read more: Spread Trading 27 Feb 09
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Spread Trading 26 Feb 09 updated 26-Feb-09 |
Looking at the forex spread betting markets, the pound ran into a brick wall yesterday and we swiftly returned...read more: Spread Trading 26 Feb 09
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Spread Trading 25 Feb 09 updated 25-Feb-09 |
Our Financial Spreads Accounts have been quick to sell into this move up and the perception from my dealers is that they are expecting worse to come. This is not an unreasonable belief if...read more: Spread Trading 25 Feb 09
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Spread Trading 24 Feb 09 updated 24-Feb-09 |
Crude Oil failed to challenge the $43.00 level mentioned in yesterdays column and the reaction sell off was painful for...read more: Spread Trading 24 Feb 09
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Spread Trading 23 Feb 09 updated 23-Feb-09 |
The follow through remains elusive and the absolutely crucial November lows are still holding firm in the DAX 30, S+P 500 and FTSE 100...read more: Spread Trading 23 Feb 09
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Spread Trading 20 Feb 09 updated 20-Feb-09 |
The Dow 30 is now slipping below the low on the Futures last November (at a cash equivalent of 7400) and we are now quoting the US market to open at...read more: Spread Trading 20 Feb 09
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Spread Trading 19 Feb 09 updated 19-Feb-09 |
Spread betting clients remain bullish on the whole believing that we're at the bottom but...read more: Spread Trading 19 Feb 09
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Spread Trading 18 Feb 09 updated 18-Feb-09 |
It was not one of the finest hours for financial spreads clients as they continued to buy into weakness yesterday. However, once again, they did the same in Gold and in GBP/USD where ...read more: Spread Trading 18 Feb 09
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Spread Trading 17 Feb 09 updated 17-Feb-09 |
Early morning action in the Dow and S+P 500 is very worrying indeed. As commentated yesterday the S+P has good support at...read more: Spread Trading 17 Feb 09
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Spread Trading 16 Feb 09 updated 16-Feb-09 |
Currency markets continue to wing all over the place but the losers this morning are the Pound (naturally) and the Euro. The Euro continues to suffer stresses associated with...read more: Spread Trading 16 Feb 09
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Spread Trading 13 Feb 09 updated 13-Feb-09 |
The Dow had the most impressive try for freedom breaking through the support mentioned yesterday at 7850 to get as low as...read more: Spread Trading 13 Feb 09
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Spread Trading 12 Feb 09 updated 12-Feb-09 |
It would be strange indeed if such a drastic event were to be precipitated in the European trading session rather than the US...read more: Spread Trading 12 Feb 09
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Spread Trading 11 Feb 09 updated 11-Feb-09 |
Gold markets must have been reading this comment yesterday as the break of the $897 resistance lead to an immediate rally. Spread betting account holders rode the move all the way up and by...read more: Spread Trading 11 Feb 09
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Spread Trading 10 Feb 09 updated 10-Feb-09 |
The banks seem to have hit lows for the time being and with the government not, apparently, wanting to take RBS under its wing there may be potential for...read more: Spread Trading 10 Feb 09
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Spread Trading 9 Feb 09 updated 09-Feb-09 |
Gold is slipping a bit once again as failure to move against the $930 resistance level is starting to...read more: Spread Trading 9 Feb 09
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Spread Trading 6 Feb 09 updated 06-Feb-09 |
Against the Euro things are looking better for Sterling too, the EUR / GBP spread is currently sitting...read more: Spread Trading 6 Feb 09
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Spread Trading 5 Feb 09 updated 05-Feb-09 |
Almost incredibly the GBP/JPY cross could rally to over ¥190.00 and still be in a bear...read more: Spread Trading 5 Feb 09
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Spread Trading 4 Feb 09 updated 04-Feb-09 |
Early hours saw the heavily anticipated trading statement from BHP cutting into the optimism building up in the sector. Costs continue to grind into...read more: Spread Trading 4 Feb 09
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Spread Trading 3 Feb 09 updated 03-Feb-09 |
Vodaphone also beat expectations. It seems that the one thing the world cannot do without is its mobile. The company is 'cost cutting' but on the current trends you wonder...read more: Spread Trading 3 Feb 09
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Spread Trading 2 Feb 09 updated 02-Feb-09 |
The strength in the pound last week has run into a serious brick wall this morning as...read more: Spread Trading 2 Feb 09
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Spread Trading 30 Jan 09 updated 30-Jan-09 |
Yesterday's comments from various interested parties seem to have given sellers the opportunity to push the EUR/USD cross ...read more: Spread Trading 30 Jan 09
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Spread Trading 29 Jan 09 updated 29-Jan-09 |
Spread Betting Account holders are looking for a pull back in the market and have been selling the indices through...read more: Spread Trading 29 Jan 09
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Spread Trading 28 Jan 09 updated 28-Jan-09 |
Even currencies are now difficult to get in on a solid direction as the pound has made a bit of a recovery confounding the absolute...read more: Spread Trading 28 Jan 09
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Spread Trading 27 Jan 09 updated 27-Jan-09 |
Gold has regained the $900 level which seems a bit odd given that other asset classes are looking a bit more stable at the moment. Shorts are getting squeezed mercilessly and...read more: Spread Trading 27 Jan 09
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Spread Trading 26 Jan 09 updated 26-Jan-09 |
GBP / USD trading is now at around $1.3620 having hit as low as $1.3550 in the small hours. The only small piece of comfort might be ...read more: Spread Trading 26 Jan 09
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Spread Trading 23 Jan 09 updated 23-Jan-09 |
In July 2007 the GBP/JPY cross was ¥251.00. As I write we are trading at ¥122.00, an all time low. This is a drop of over 50% meaning that...read more: Spread Trading 23 Jan 09
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Spread Trading 21 Jan 09 updated 21-Jan-09 |
The markets appear to be in no mood to believe anything the banks say. Why should they? The most stark example of this must be the Lloyds/HBOS tie up. Lloyds effectively paid ?9bn way back on...read more: Spread Trading 21 Jan 09
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Spread Trading 20 Jan 09 updated 20-Jan-09 |
Sterling is now back at the grim levels of the year end with the Cable rate plumbing a new low in early action this morning. The GBP/USD cross is now at...read more: Spread Trading 20 Jan 09
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Spread Trading 19 Jan 09 updated 19-Jan-09 |
In the Forex Spread Betting markets the pound continues to look weak after the rally of a few weeks ago failed to find...read more: Spread Trading 19 Jan 09
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Spread Trading 16 Jan 09 updated 16-Jan-09 |
Overall, the ban has largely caused confusion for spread betting clients whilst at the same time preventing them from making a legitimate investment decision. The lifting of the ban is not expected to have any...read more: Spread Trading 16 Jan 09
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Spread Trading 15 Jan 09 updated 15-Jan-09 |
Today we're calling the FTSE 100 spread betting market to open in the red again, down 20 points at 4160. The main focus of the day will be the...read more: Spread Trading 15 Jan 09
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Spread Trading 14 Jan 09 updated 14-Jan-09 |
The big story of the day is Sterling's low against the Yen. Overnight GBP / JPY hit ¥129.74, its lowest level since 1995, bu...read more: Spread Trading 14 Jan 09
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Spread Trading 13 Jan 09 updated 13-Jan-09 |
Sterling suffered heavy losses yesterday giving up over 2% to the dollar and 1.5% against the euro. The euro/sterling rate returned to...read more: Spread Trading 13 Jan 09
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Spread Trading 12 Jan 09 updated 12-Jan-09 |
We're calling the FTSE to open 25 points lower at 4423 after weaker sessions in Asia and...read more: Spread Trading 12 Jan 09
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Spread Betting Week 1 updated 11-Jan-09 |
The FTSE is lower this morning having retraced some 4% since the recent highs hit on Tuesday. Bulls could see this as a buying opportunity but people will be sitting on the sidelines until the Interest Rate decision...read more: Spread Betting Week 1
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Spread Betting Week 53 updated 04-Jan-09 |
Gold remains the big winner of 2008 but with other asset classes now showing very nice returns the prospects for further appreciation may run into redemptions as...read more: Spread Betting Week 53
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Spread Betting Week 52 updated 28-Dec-08 |
Whilst December has kept with history and so far posted a positive month, rising some 6%, we are still off the highs and resistance around 4400 to 4500. The trading ranges of the last few days have been incredibly...read more: Spread Betting Week 52
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Spread Betting Week 51 updated 21-Dec-08 |
Currency markets continue to hammer the pound this morning as the momentum of the move lower seems almost impossible to stop. EUR/GBP is at a new all time high of...read more: Spread Betting Week 51
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Spread Betting Week 50 updated 14-Dec-08 |
Settlement for the Nymex Crude January contract is likely to be some $5 under the Brent number and more than $4 less than the spot February price. Dealers can hardly say they were not warned though, with BP and others stating that they were storing oil in...read more: Spread Betting Week 50
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Spread Betting Week 49 updated 07-Dec-08 |
Markets continue to jump around all over the place but the total effect seems to be very little. After the close at 16.30 yesterday the FTSE futures market initially traded almost 100 points lower before turning around and...read more: Spread Betting Week 49
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Spread Betting Week 48 updated 30-Nov-08 |
This may not be just a head in the sand phenomenon as Thanksgiving and the run up to Christmas is historically a good period for equities and FTSE 100's double bottom looks to be...read more: Spread Betting Week 48
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Spread Betting Week 47 updated 23-Nov-08 |
The S&P 500 is now almost exactly 50% from the highs of October '07. For those of you who think that investment mangers are actually any good at all at their jobs it is instructive to point out that...read more: Spread Betting Week 47
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Spread Betting Week 46 updated 16-Nov-08 |
The Sterling / Euro spread is now at €1.1649 - €1.1653. That means that against our major trading partner, whose currency has also dropped alarmingly, we are over 20%...read more: Spread Betting Week 46
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Spread Betting Week 45 updated 09-Nov-08 |
BA has managed to confound analysts by reporting much higher Turnover than expected but in the same breathe reported a loss of ?49m (?65m profit expected). Obviously the higher fuel costs were not being offset by...read more: Spread Betting Week 45
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Spread Betting Week 44 updated 02-Nov-08 |
Crude Oil is looking sluggish again after the OPEC inspired rally of Wednesday ran into further selling yesterday and this morning. The world has seen past evidence of poor attempts by the OPEC cartel to rein in production and traders see no reason to...read more: Spread Betting Week 44
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Spread Betting Week 43 updated 26-Oct-08 |
Traders looking for some kind of support have seen their hopes wiped away as the pound and euro plumb depths not seen for many many years. Versus the Yen the falls have been more than dramatic, they are almost catastrophic. The pound has...read more: Spread Betting Week 43
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Spread Betting Week 42 updated 19-Oct-08 |
The markets look to be coming in around 150 pips higher on the FTSE 100 in response to the US rally last night but the lack of activity over in the Far East might be the more important...read more: Spread Betting Week 42
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Spread Betting Week 41 updated 12-Oct-08 |
IG Index, the biggest CFD / Spread Betting Company in the UK had to increase its margin rates yesterday in the face of the problems and this increase will cause their own knock on effect as even those traders who might have been able to make...read more: Spread Betting Week 41
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Spread Betting Week 40 updated 05-Oct-08 |
The Dow Jones slipped to test the low range of the past month. The market seems to be building up support between 10400 and 10450 but it would be a brave man to risk...read more: Spread Betting Week 40
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Spread Betting Week 39 updated 28-Sep-08 |
The Forex markets must have been reading my comment yesterday as Cable failed at almost exactly the resistance of $1.8650 and then moved down to attack the support at...read more: Spread Betting Week 39
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Spread Betting Week 38 updated 21-Sep-08 |
Trading in Gold yesterday was absolutely ridiculous as the price shot up in just a few minutes from $875 to $922 in the minutes up to the Fed and FSA announcements only to slump...read more: Spread Betting Week 38
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Spread Betting Week 37 updated 14-Sep-08 |
Other leisure companies are benefiting this morning at the expense of XL, with TUI Travel and...read more: Spread Betting Week 37
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Spread Betting Week 36 updated 07-Sep-08 |
The S&P has failed at every attempt to head back above the 1300 level throughout August and now its well and truly given up on attempting...read more: Spread Betting Week 36
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Spread Betting Week 35 updated 31-Aug-08 |
Oil has been particularly volatile in recent days. It is attempting to push back above the...read more: Spread Betting Week 35
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Spread Betting Week 34 updated 24-Aug-08 |
Thursday, and the boredom on the corporate front will be lifted slightly with the builder, Persimmon, stepping up to the mark for their interims. The company is expected to...read more: Spread Betting Week 34
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Spread Betting Week 33 updated 17-Aug-08 |
This morning sees the pound off another 120 pips with the Sterling / Dollar spread at $1.8562 - $1.8565. We are now sitting just above the massive 2006 support level at...read more: Spread Betting Week 33
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Spread Betting Week 32 updated 10-Aug-08 |
On the stock front the FTSE seems likely to largely ignore the huge drop in the US yesterday evening and opening FTSE 100 spread is being called at around...read more: Spread Betting Week 32
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Spread Betting Week 31 updated 03-Aug-08 |
In the Forex spread betting markets the dollar and yen are looking to make gains after the strange goings on yesterday...read more: Spread Betting Week 31
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Spread Betting Week 30 updated 27-Jul-08 |
Crude oil has recovered a couple of bucks on renewed fears over Nigerian and Iranian supply but the rally is not as strong as this type of rumour would have achieved just a week or so ago. Brent crude is opening at just...read more: Spread Betting Week 30
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Spread Betting Week 29 updated 20-Jul-08 |
Oil slumped five dollars in five minutes yesterday afternoon as the US revealed an unexpected jump in reserves. The only thing really holding crude at these levels is fear of the future. If the US, Israel and Iran can...read more: Spread Betting Week 29
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Spread Betting Week 28 updated 13-Jul-08 |
For the technical analysts the weekly candlestick will have created a 'doji' which is considered to be a sign of indecision whereby buyers and sellers are balancing each other out and is seen as a indication of a reversal. It does not come as much surprise since the market seems to have hit a bit of a bottom and...read more: Spread Betting Week 28
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Spread Betting Week 27 updated 06-Jul-08 |
Oil hit a new all time high last night and is higher again this morning with Brent trading at around $146. The $150 level is within a single trading days range but we may pause for breath before we take the leap. Remember the delay at...read more: Spread Betting Week 27
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Spread Betting Week 26 updated 29-Jun-08 |
In the currency markets the Euro continues to power along with the cross versus the Yen taking the strain this time. In March the price was hanging around ¥151.50 level. With the Euro / Yen spread now at...read more: Spread Betting Week 26
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Spread Trading News Index updated 18-Jun-13 |
Index of spread trading articles - the regular Spread Trading Update from Financial Spreads...read more: Spread Trading News Index
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