Articles from March 2010

Spread Betting Weekly Review – Pharmaceutical Shares and the Euro

Calendar March 28, 2010 | Posted by Robert

The Weekly Spread Betting Review from Spreadex: The Markets – Last Week: Passage of a landmark healthcare reform bill in the US sparked a rally not just for hospital groups, but also, surprisingly, for pharmaceutical shares. A degree of certainty going forward allowed Pfizer, Merck, and AstraZeneca to rise, as ‘the worst had already been [...]

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Spread Betting Weekly Review – Markets Looking Optimistic

Calendar March 20, 2010 | Posted by Robert

The Weekly Spread Betting Review from Spreadex: The Markets – Last Week: General optimism in the markets appeared after the Fed’s announcements Tuesday that the US discount rate would remain low for an ‘extended period’ and that both job market stability and business investment were encouraging. The Dow Jones appreciated the breathing room given by [...]

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Euro Strengthens on IMF Confidence: Spreadex Trading Week Review

Calendar March 15, 2010 | Posted by Robert

The Markets Last Week: Citigroup led the bank rally last week, and news that Barclays aims to acquire a US retail bank also encouraged the sector. The Dollar fell in most of its pairings, sparking Cable’s end-of-week surge, and the IMF’s confidence in Spanish and Portuguese approaches to debt helped the Euro to recover. In [...]

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FTSE Opens Higher After Gains in Asia and US: Spread Betting Update

Calendar March 12, 2010 | Posted by Robert

The FTSE is marked to open around 20 points higher this morning at 5637 following the gains on Wall Street and Asia overnight. With no economic news out this morning we may struggle for direction and could see the market trade sideways until the afternoon. Then we shall see US Retail Sales at 13.30, followed [...]

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Paddypowertrader – New Trader Psychology Event

Calendar March 3, 2010 | Posted by Robert

Paddypowertrader, the spread betting firm, are organising an evening event on High Performance Trading for 11 March 2010. The event called High Performance Trading, steers away from the more usual subjects such as technical analysis and particular trading strategies, and instead focuses on what might be thought of as the softer aspects of trading. The [...]

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Weak HSBC Results Weigh on FTSE Index: Spread Betting News

Calendar March 1, 2010 | Posted by Robert

A set of disappointing figures from HSBC is dragging on the FTSE this morning, as investors take their profits from a recent bullish run. Miners are trading strongly at the moment, despite continuing Dollar strength, after the Chilean earthquake shut down production in parts of the country. There is a raft of economic data out [...]

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