Articles from January 2010

Markets Move Lower Despite Good US Shares News: Spread Betting Update

Good figures from Amazon and Microsoft failed to stimulate the US futures overnight as persistent worries over Greek debt continue to dog the market. Uncertainty over Bernankes re-appointment were finally removed as he scraped another term but the nature of his re-election shows that the Federal Reserve is certainly not immune to political interference. We [...]

FTSE Expected to Trade Lower Ahead of UK GDP: FTSE Spreads News

The FTSE is expected to fall on the open this morning, tracking weakness seen in Asian markets overnight. This comes amid concerns about financial stocks, including the effect of requirements imposed by Beijing on some Chinese banks, meeting tougher reserve ratios, sparking worries about global growth. UK GDP data expected at 9.30 will be closely [...]

FTSE Expected to Open Higher After Stronger US Close: FTSE Spread Betting Update

The FTSE is expected to open up 25 at around 5445 this morning after a partial recovery on the Dow in later trading yesterday. Leading banks reported evidence that the US consumer recession is abating as losses on credit cards, mortgages and other loans started to moderate. However, reports of higher inflation in China, which [...]

FTSE Pulls Back at the Open After Weaker Asian Trading: Financial Spread Betting News

US markets put in a strong performance last night. This came on the back of the impending Republican victory in Massachusetts, which throws President Obama’s healthcare plan into disarray, and so the pharmaceutical sector led the markets higher. However, Asian markets traded lower overnight, as markets feared that China will take steps to curb lending [...]

UK Shares Open Positively: Financial Spread Betting News

There is a positive start to the FTSE today but it is a half day in the US so we may see the markets drift on lighter volume and lack of economic data. The biggest news in the market this morning is the press speculation over the weekend that GDF Suez are looking at International [...]

Crude Trades Lower Despite Dollar Weakness: Oil Spread betting Update

Figures out from Intel after the bell last night boosted the markets but the shine seems to have worn off by this morning as the FTSE has opened fairly flat. A few companies reporting this morning but the main highlight is Man Group which is trading weakly after investors were disappointed by the performance of [...]

Positive Open Expected for UK Markets After Dow Jones Heads to 15-Month High

A firmer start is expected this morning following a rise in the US yesterday evening as the Dow Jones reached a 15 month closing high; rallying after two sessions of declines. Asian trade rebounded as worries that China’s recent policy tightening would slow its demand receded. There is no major UK economic news this morning, [...]

Markets Trade Lower After Fears Over Chinese Monetary Policy: Spread Betting Update

Markets are continuing yesterday’s weakness as Asian markets traded lower overnight. This was largely due to fears that China is tightening its monetary policy and banking requirements may put the brakes on growth by curbing demand for resources and other imports. The Dollar is trading weaker overnight and weak light crude oil is putting additional [...]

Spread Betting Markets Cool From Morning Highs

Markets are easing off this afternoon after they surged ahead this morning. Miners have sold off completely as traders take some intraday profits off the table despite the fact that gold and other metals are still performing well. Oil and gas companies are still strong despite the fact that oil has cooled from this mornings [...]

Investors Consider 2010 Market Movements: Spread Betting News

The New Year started with a significant rally yesterday as some of the holiday cheer spilled over into the markets. However, the outlook is not so clear over the next few months. Many investors want to believe that last years rally will continue, with Shares performing well and the UK economy pulling itself out of [...]