Spread Trading Markets Snapshot

• FTSE 100 gained 3.1% or 155.7 points to 5,162.8.
• FTSEurofirst 300 index gained 2.7% to 934.8.
• DJIA surged 4.0% or 423.4 points to settle at 11,143.3. NASDAQ jumped 4.7% or 111.6 points to close at 2,492.7. S&P 500 soared 4.6% or 51.9 points to 1,172.6.
• Nikkei 225 index is trading 0.5% lower, at 8938.5.
• In Asia, crude oil for September delivery is trading 74 cents lower at $84.98 per barrel.
• At 0400 BST today, the GBP is trading 0.1% lower against the USD at $1.6213, marginally lower against the EUR at €1.1414 and 0.2% lower against the JPY at ¥124.64.
• For more on trading stock market indices see spread trading on indices.

Spread Trading UK Markets

• UK markets closed higher yesterday, with the FTSE 100 index rebounding from its thirteen-month low level, as banks, miners and oil producers recorded gains.
• Banks, Barclays, Royal Bank of Scotland and Standard Chartered, climbed between 2.6% and 8.6%, recovering from their recent losses.
• Insurers, Prudential, Legal & General and Resolution also paced gains, in line with a rise in the equity market.
• Miners, Antofagasta, ENRC and Anglo American, gained between 3.1% and 6.5%, as base metal prices rose.
• Oil producers, Essar Energy, Royal Dutch Shell and BP, advanced between 0.1% and 7.9%, tracking higher crude oil prices.
• ARM Holdings jumped 6.4%, benefited by a broker upgrade.
• FTSE 100 gained 3.1% or 155.7 points to 5,162.8. FTSE 250 rose 2.5% or 248.8 points to 10,139.7.
• Oil producers, Essar Energy and Tullow Oil climbed 7.9% and 7.3% respectively, as crude oil for September delivery advanced 3.4% to $85.72 per barrel.
• Antofagasta advanced 6.5%, as copper for September delivery rose 3.1% to $4.01 per pound.
• ARM Holdings gained 6.4%, after Goldman Sachs added the company to its “Conviction Buy” list.
• ICAP rose 6.3%, as Morgan Stanley took a positive stance on the stock.
• Randgold Resources lost 3.1%, as gold for December delivery fell 1.8% to $1,751.50 per ounce.
• For more on trading UK shares see spread trading on UK shares.

Currencies Spread Trading Markets

• At 0400 BST today, the GBP/USD is trading 0.1% lower at $1.6213, marginally lower against the EUR at €1.1414 and 0.2% lower against the JPY at ¥124.64.
• The EUR is trading 0.1% lower against the USD at $1.4199, on speculation that Eurozone industrial production would remain unchanged in June.
• The EUR is trading 0.2% lower against the JPY at ¥109.16.
• Yesterday, the GBP ended higher against the USD, after UK Chancellor of the Exchequer, George Osborne rebuffed opposition demands to review spending cuts as the Eurozone debt worries affect equity markets around the world.
• The EUR ended higher against the USD, after an unexpected fall in US jobless claims eased concerns of a slowdown in the global economy, increasing demand for risky assets.
• The CHF ended lower against the EUR, after Swiss National Bank Vice President, Thomas Jordan stated that a temporary peg to the euro would be legal as policy makers try to stem the franc’s gains.
• For more on trading the forex markets see forex spread trading.

Commodities Spread Trading Markets

• Gold for immediate delivery is trading 0.5% higher today, at $1,761.39 per ounce.
• Gold prices for December delivery declined 1.8% or $32.80 to $1,751.50 per ounce yesterday, after equity markets rebounded and as investors decided to book profit following some recent session gains.
• In Asia, crude oil for September delivery is trading 74 cents lower at $84.98 per barrel.
• Yesterday, crude oil for September delivery closed 3.4% or $2.83 higher at $85.72 per barrel, amid hopes that demand would increase, as positive US jobs data eased concerns that the economy is slowing.
• For more on commodities trading see commodities spread trading.