Articles from October 2009

Indices Rally After US Move Out of Recession: Indices Spread Betting News

A strong rally by the Dow last night with a 199 point rise that will boost the European markets on the open this morning. Analysts are calling the FTSE up 28 points at 5166 ahead of the open. It seems traders are bullish that the US move out of recession yesterday was at the top [...]

FTSE and Dow Jones Index Spread Betting News

The FTSE is set to open up 10 this morning around the 5200 level after another down day in the States on the back of capitalisation worries for Bank of America and the fall in oil hurting energy firms such as Chevron. The Dow Jones has now fallen 4 days out of the last five [...]

FTSE Spread Traders Await UK GDP Numbers

After a strong session in the states last night the FTSE looks set to open up 45 recouping its losses from yesterday. All eyes will be focussed on the UK Q3 GDP when it could be announced we are officially out of recession, though celebrations may be muted with many predicting a W shaped recovery. [...]

US Banking Equities Spread Betting Report

The FTSE is looking to open down 60 just below 5200 after a sharp fall in America last night after Wells Fargo was downgraded to sell by respected banking analyst Dick Bove. After a good earnings season for the banks so far, this served to remind investors that we shouldn’t be reaching for the champagne [...]

Bank of England Minutes Move Sterling FX Rates

Another big move in Sterling overnight in anticipation of the Bank of England minutes giving clues to future interest rate policy. US corporate earnings will set the tone of the market again today as investors wait to see if Morgan Stanley can live up to the recent successes of its peers. Financial spread betting carries [...]

Crude Oil Trading Report

The FTSE is currently indicating a flat open, as traders are waiting for the release of the UK Rightmove House Prices. Analysts are hoping an improvement in house prices will provide support to this latest rally. The FTSE is likely to open the day flat. Crude oil is currently trading just under $79 a barrel [...]

FTSE 100 Report

The FTSE is currently indicating a strong open, as optimism over improved economic numbers from the states have got traders buying again. With no economic data this morning in UK, the FTSE is likely to follow the EU equity markets to finish of the week. Crude oil is up for a seventh day to $78 [...]

Crude Oil Trading Update

The FTSE is currently indicating a strong open, as trader enthusiasm is pretty high after the Dow Jones crossed the 10,000 mark. With no major economic news today the FTSE is following the buying trend that started in US and has continued in Asia. The FTSE is likely to start Thursday on a strong foot. [...]

FTSE 100 Spread Betting News

The FTSE looks set to open up 60 above the 5200 level after strong Q3 results from Intel in the States; incidentally Intel have beaten analyst expectations 12 times out of the last 13. The earnings season is now in full swing and the spotlight will shift to the banks with JP Morgan up first [...]

Crude Oil News

The FTSE is currently indicating a strong open, as traders are optimistic before the release of the UK employment figures. Analysts are expecting for the unemployment rate to climb to 8.0%, however, some traders are betting that the employment data will be better then expected. The opening number of the FTSE is heavily dependent on [...]