Articles from February 2012

DAX Spread Betting Index to Open Lower Prior to LTRO Results

In December the ECB changed the game somewhat when they announced three year money at extremely low interest rates would be made available to any banks who wanted it in an attempt to avert a funding crunch. The initiative was an attempt to drive sovereign bond yields back lower, and relieve a blockage in the [...]

Financial Spread Betting: CAC 40 to Open Higher Despite Greek Selective Default

Greece made history yesterday as the first ever Eurozone nation to be officially rated as defaulting on its debts. This came after ratings agency Standard and Poor’s put the country on a “SD” rating, (selective default) in the wake of the insertion of the collection action clauses, in the latest bond swap package. The market’s [...]

EUR/USD Spread Betting Market Outperforms on Weak US Dollar

This weekend’s G20 meeting in Mexico saw countries lining up to turn the heat up on Germany to relax its opposition to an increasing of the €500bn limit on the new bailout fund, the ESM, as well as the combining of it and the remaining €250bn in the EFSF. There does appear to be some [...]

UK Stocks Spread Trading Guide: Capita

Where can I Spread Bet on Capita?   You can place spread bets on Capita shares with: Financial Spreads CityIndex CapitalSpreads 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 trade, [...]

UK Stocks Spread Trading Guide: Berendsen

Where can I Spread Bet on Berendsen?   You can place spread bets on Berendsen shares with: Financial Spreads City Index CapitalSpreads 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 [...]

EUR/GBP Spreads Rise Despite UK and German Q4 Contractions

The prediction by the EU that the 17 nation Eurozone economies would contract by 0.3% in 2012 down from November’s 0.5% growth, saw a slight sell-off in European spread betting markets yesterday. However, they look set to bounce back this morning as optimism about the US economy continues to gain traction. Even so the fact [...]

Forex Spread Betting: Dovish MPC Minutes See GBP/USD Fall

After the disappointment of yesterday’s services and manufacturing German PMI data for February, doubts have been cast on the robustness in the strength of the rebound in the German economy in Q1. Today’s release of the latest IFO business climate should give a good indication as to whether the PMI data was just a temporary [...]

Sterling/Dollar Spread Betting Market Slides Before BoE Minutes

Yesterday’s slide in the pound was a little puzzling given the better than expected public finance figures for January which showed that the UK government collected more tax revenue than it spent, to the tune of £10.7bn. The figures make it highly likely that the Chancellor will undershoot his borrowing target for 2011 of £127bn. [...]

Index Spread Betting Markets to Open Higher After Greek Bailout Approval

After hours of tortuous negotiations Greece was finally granted its second bailout in the early hours of this morning and thus now be able to meet the €14.5bn bond payment in March, and thus avert a messy default. It has come at a cost though after an IMF/Troika report laid bare the problems facing the [...]

Failure in Greek Agreement to See Volatility in Spread Betting Markets

The key event today remains the meeting of EU finance ministers which over the weekend reports have suggested could well see the ratification of the latest Greek bailout. The financial spread betting markets certainly think that the odds are good, given the way they have front run a possible outcome over the last few days [...]