Forex Futures Trading UK News
|
|
|
A review of the Forex Futures markets.
For today's review see: Spread Betting Markets.
Forex Futures Trading UK News - 11 October 2011
|
- FTSE 100 rallied 1.8% or 95.6 points to close at 5,399.0.
- FTSEurofirst 300 index climbed 1.7% or 16.3 points to 963.9.
- DJIA surged 3.0% to close at 11,433.2. NASDAQ gained 3.5% to settle at 2,566.1. S&P 500 rose 3.4% to end at 1,194.9.
- Nikkei 225 index is trading 1.9% higher, at 8,772.7.
- In Asia, crude oil for November delivery is trading 0.1% or $0.12 higher at $85.29 per barrel.
- At 0400 BST today, the GBP is trading 0.2% lower against the USD at $1.5620, 0.1% lower against the EUR at €1.1468, and 0.3% lower against the JPY at ¥119.74.
- For more on trading stock market indices see spread betting on indices.
- UK markets closed higher yesterday, as an agreement between the French and German leaders on support for the euro-zone boosted market sentiment.
- ARM Holdings surged 6.6% and emerged as the top gainer on the FTSE 100 index, as RBS reiterated its "Buy" rating on the stock.
- Among energy stocks, Royal Dutch Shell and BP added 2.5% and 2.9%, respectively, tracking higher crude oil prices.
- Petrofac rallied 4.4%, amid takeover speculation and as UniCredit advised a “Buy” on the stock.
- Kazakhmys gained 3.4%, after Morgan Stanley considered it as a preferred copper miner.
- ITV rose 1.2%, after a broker added the stock to its “Buy” list.
- Barclays gained 4.5%, as risk appetite improved among investors.
- FTSE 100 rallied 1.8% to close at 5,399.0, while FTSE 250 gained 1.8% to settle at 10,140.8.
- ARM Holdings soared 6.6%, after RBS reiterated its “Buy” rating on the stock.
- Old Mutual and Standard Chartered, rallied 5.1% and 4.4%, respectively, in line with the rise in equity markets.
- Essar Energy climbed 4.7%, tracking higher crude oil prices.
- Petrofac rose 4.4%, amid takeover speculation and as UniCredit advised a “Buy” on the stock.
- Banking stocks, Barclays and RBS, added 4.5% and 4.2%, respectively, as risk appetite increased among investors.
- For more on trading UK shares see spread betting on UK shares.
- At 0400 BST today, the GBP is trading 0.2% lower against the USD at $1.5620, 0.1% lower against the EUR at €1.1468, and 0.3% lower against the JPY at ¥119.74. This came following a report that an index of consumer sentiment about hiring prospects in the UK fell 1 point to minus 67 in August.
- The GBP is also trading lower against most other currencies amid speculation that UK industrial production had contracted for a second month in August.
- The EUR is trading marginally lower against the USD at $1.3631.
- The EUR is trading 0.1% lower against the JPY at ¥104.41.
- The USD/CHF spread betting market is trading lower ahead of the release of minutes of the Federal Reserve policy meeting in September.
- Yesterday, the EUR ended higher against the USD, after the French and German leaders assured to create a plan to recapitalize European banks and prevent the spread of the sovereign debt crisis.
- The AUD closed higher against the USD and the JPY, amid optimism that a report this week would show Australian employers added 10,000 jobs in September, after cutting 9,700 positions in August.
- The CHF closed higher against the USD and the JPY, as investors took advantage of recent weakness in the Swiss currency.
- For more on trading the forex markets see forex spread betting.
- Gold for immediate delivery is trading 0.4% higher today, at $1,680.09 per ounce.
- Gold for December delivery added 2.1% or $35.0 to end at $1,670.80 per ounce yesterday. This came as the dollar weakened against the major currencies, increasing the demand for the precious metal as a hedge against inflation.
- In Asia, crude oil for November delivery is trading 0.1% or $0.12 higher at $85.29 per barrel.
- Yesterday, crude oil for November delivery advanced 2.9% or $2.43 to close at $85.41 per barrel. This came after German Chancellor Angela Merkel and French President Nicolas Sarkozy pledged to support European banks, and announced an additional bailout package to resolve the debt crisis.
- Crude oil prices traded higher, as the dollar weakened against the euro, increasing the demand for the commodities as an alternative investment.
- For more on commodities trading see commodities spread betting.
|
Warning - as only a small percentage of the total contract value is required as deposit, it is possible for your losses to rapidly and substantially exceed that deposit. Seek advice if you do not fully understand the risks. Spread bets and CFDs carry high risk and are not suitable for everyone.
The above comments do not constitute investment advice and neither ETX Capital nor SpreadBets.org.uk accept any responsibility for any use that may be made of them.
Advert
ETX Capital Spread Betting - No Fees, No Commissions, Free Charts and Live Prices.
Spread Bet on Indices, FX, Shares, Commodities, ETFs, Sectors and more. For details see ETX Capital.
|
"Forex Futures Trading UK News" last update by R Thomas, 11-Oct-2011
Warning: Financial spread betting carries a high level of risk. You can lose more than your initial investment or stake. Financial spread betting may not be suitable for all investors. Only trade with money that you can afford to lose. Make sure you fully understand the risk involved. If necessary, seek independent financial advice.
Similar articles:
Spread Betting Markets - last update: 17-May-2012
The daily spread betting market report reviewing the key stock markets, a focused look at the UK spread betting market and an overview of the latest moves in the forex, commodities and . . . read more - Spread Betting Markets.
Spread Betting Market News - last update: 16-May-2012
The daily report on the spread betting markets looking at the main stock market indices, a focused report on the spread betting markets in the UK and a broader review of the recent moves in the commodities markets, the forex markets and . . . read more - Spread Betting Market News.
Foreign Exchange Spread Bets and CFDs Trading Review - last update: 01-May-2012
Foreign Exchange Spread Bets and CFDs Trading Review: looking at the Foreign Exchange markets with trading opinions, analysis and prices. The EUR/JPY is trading lower, after Jean-Claude Juncker resigned as head of the group of euro-area nations due to Franco-German interference in . . . read more - Foreign Exchange Spread Bets and CFDs Trading Review.
Equities Spread Bets and CFDs Trading Review - last update: 30-Apr-2012
Equities Spread Bets and CFDs Trading Review: looking at the Equities markets with trading opinions, analysis and prices. UK equities spread betting markets extended their gains for the fourth straight day on, after Italy successfully raised . . . read more - Equities Spread Bets and CFDs Trading Review.
Currencies Spread Bets and CFDs Trading Review - last update: 27-Apr-2012
Currencies Spread Bets and CFDs Trading Review: looking at the Currencies markets with trading opinions, analysis and prices. In forex spread betting, the JPY is trading higher following a report that showed retail sales in Japan rose 10.3% to . . . read more - Currencies Spread Bets and CFDs Trading Review.
Crude Oil Spread Bets and CFDs Trading Review - last update: 26-Apr-2012
Crude Oil Spread Bets and CFDs Trading Review: looking at the Crude Oil markets with trading opinions, analysis and prices. Crude oil spread betting markets were trading lower, after the Energy Information Administration reported an increase of . . . read more - Crude Oil Spread Bets and CFDs Trading Review.
Gold Spread Bets and CFDs Trading Review - last update: 25-Apr-2012
Gold Spread Bets and CFDs Trading Review: looking at the Gold markets with trading opinions, analysis and prices. The price of gold added 0.7% or $11.20 to end at $1,643.80 per ounce. Easing concerns about the Eurozone weighed . . . read more - Gold Spread Bets and CFDs Trading Review.
Spread Betting Markets Index - an index of daily spread betting market reports with updates on the more popular stock markets. Each report also reviews the UK spread betting market as well as the key forex and commodities markets.
|
|
|
Free Financial Email: Latest Spread Betting Offers and where to find narrow spreads.
Click here to sign up.
|
|