Articles from December 2011

Spread Betting: Exposure to Sovereign Debt Leaves UK State Banks as Worst Performers

When I looked at the banking sector twelve months ago in the wake of the rebound we had seen since the lows in March 2009, I struggled to see where any future upside would come from. The major worry tempering my enthusiasm on the sector was the on-going concerns about the European banking system, given [...]

Forex Spread Bets: GBP Pushes Higher For 8th Successive Day

Despite the well documented vulnerability of the UK economy to the problems in Europe, the pound continues to push higher, near to 10 month highs and eight successive up days in a row against a basket of currencies. Yesterday’s Bank of England minutes showed that the MPC remain reluctant to pre-commit to further easing in [...]

Forex Spread Trading: Eurozone Becomes Focal Point as ECB Begins LTRO

The bulk of forex spread trading investors’ interest will be fixed firmly on the Eurozone today as the ECB offers banks the first of its unlimited 3 year loans. The LTRO operation was described a ‘bazooka’ by Christian Noyer, Head of the Banque de France and is intended to loosen the credit squeeze, but mostly [...]

Forex Spread Betting: Euro Falls as Europe Fails to Agree IMF Loans

The single currency slid back towards its recent lows after the failure of European finance ministers to agree on the full €200bn worth of additional loans to the IMF. The figure in question looks likely to be closer to €150bn after the UK said they would only contribute as part of a wider global agreement, [...]

Forex Spread Trading: Fitch Places France, Spain and Italy on Downgrade Watch

Anyone hoping for a fairly quiet start to the last trading week in the lead up to Christmas didn’t bet on the actions of the ratings agencies late on Friday, or the news that North Korea’s Kim Jong-Il would pass away over the weekend. Asian spread betting markets have slid sharply overnight on news from [...]

UK Shares Spread Trading Guide: CPP

Where can I Spread Bet on CPP?   You can place spread bets on CPP shares with: Financial Spreads CMCMarkets Capital Spreads The spread betting companies mentioned above also offer tax free* spread betting on a range of other financial markets such as stock market indices, commodities and forex. For more information about: Where to [...]

UK Shares Spread Betting Guide: Imagination Technologies

Where can I Spread Bet on Imagination Technologies?   You can place spread bets on Imagination Technologies shares with: Financial Spreads CityIndex Capital Spreads The spread betting companies mentioned above also offer tax free* spread betting on a range of other financial markets such as stock market indices, commodities and forex. For more information about: [...]

Financial Spread Betting: Fitch Downgrades Barclays

A rather busy week could well end on a quiet note with a fairly sparse economic docket. However, there are a couple of items that might cause some volatility today including a confidence vote in Italy, and scheduled speeches by Mario Draghi and Mervyn King at a conference in Rome that will also be attended [...]

Euro Forex Spread Betting Market Heading for Year Lows Ahead of European PMI Data

With cracks starting to appear in Friday’s fiscal compact the agreement could not be more badly named because it is anything but. This has seen investors finally lose confidence and seen the single currency break below 1.3000 to trade just above the lows of this year. With ratings agency Fitch downgrading a host of European [...]

Concerns Over Ratings Downgrades Push EUR/USD Spreads Towards Year Lows

The slide in the single currency over the past 24 hours is surprising in so far that it has taken so long to come about. Against a backdrop of concerns about ratings downgrades, a lack of large scale ECB intervention, and Angela Merkel’s reiteration that there would be no increase in the new bailout fund, [...]