Index Trading UK Market Review

Spread Betting

Index Trading UK Market Review

Index Trading UK Market Review
A review of the index markets.
For today's review see: Spread Betting Markets.

Index Trading UK Market Review - 2 September 2011


Spread Betting Markets Snapshot

  • FTSE 100 advanced 0.5% or 24.1 to 5,418.7.
  • FTSEurofirst 300 index rose 0.7% to 973.4.
  • DJIA shed 1.0% or 120.0 points to settle at 11,493.6. NASDAQ slid 1.3% or 33.4 points to close at 2,546.0. S&P 500 slipped 1.2% or 14.5 points to end at 1,204.4.
  • Nikkei 225 index is trading 1.5% lower, at 8,922.8.
  • In Asia, crude oil for October delivery is trading 0.3 % lower at $88.65 per barrel.
  • At 0400 BST today, the GBP is trading 0.1% lower against the USD at $1.6182, marginally lower against the EUR at €1.1345, and 0.1% lower against the JPY at ¥124.39.
  • For more on trading stock market indices see spread betting on indices.


UK Spread Betting Markets

  • UK markets closed higher yesterday, led by a rally in banks, as US manufacturing unexpectedly increased in August and initial jobless claims fell last week, easing concerns about the global economy recovery.
  • Banking stocks, Royal Bank of Scotland Group, Lloyds Banking Group and Barclays, soared between 5.6% and 8.2%, after the Financial Times reported that the UK government would avoid any reform of the banking sector until after the next election.
  • Wealth manager, Hargreaves Lansdown, surged 18.0%, after the company reported a rise in its full-year earnings.
  • Charter International climbed 4.7%, amid takeover speculation by Melrose.
  • Oil stocks, Tullow oil and Royal Dutch Shell gained 3.2% and 0.5% respectively, in line with a rise in crude oil prices.
  • Gains for the FTSE 100 were restricted by losses in miners.
  • FTSE 100 advanced 0.5% to 5,418.7. FTSE 250 rose 0.5 % to 10,576.8.
  • Hargreaves Lansdown surged 17.7%, after the company reported a rise in its full-year earnings.
  • Banking stocks, Royal Bank of Scotland Group, Lloyds Banking Group and Barclays, soared between 5.6% and 8.2%, after the Financial Times reported that the UK government would defer major overhaul of the banking sector until after the next election.
  • Tullow oil rose 3.2%, in-line with a rise in crude oil prices.
  • Precious metal stocks, Fresnillo and Randgold resources, declined 3.7% and 1.4% respectively, tracking lower silver and gold prices.
  • BP lost 3.5%, amid concerns about its future operations in Russia, after a raid on the firm's Moscow office on Wednesday and worries over a tropical storm developing in the Gulf of Mexico.
  • For more on trading UK shares see spread betting on UK shares.


Forex Spread Betting Markets

  • At 0400 BST today, the GBP is trading 0.1% lower against the USD at $1.6182, marginally lower against the EUR at €1.1345, and 0.1% lower against the JPY at ¥124.39.
  • The EUR is trading marginally lower against the USD at $1.4262, amid speculation that a German report due next week would show a fall in factory orders for the first time since March. The EUR is also trading lower against most of its major currencies ahead of the European Central Bank policy meeting, scheduled next week.
  • The EUR is trading marginally lower against the JPY ¥119.64, as Asian equity markets declined and amid reports that the US would sue banks over their mortgage and foreclosure practices, boosting demand for safe haven assets.
  • The AUD is trading higher against the USD, amid speculation that Australia’s Reserve Bank would not cut interest rates.
  • Yesterday, the USD closed higher against major currencies, as higher-than-expected data on US manufacturing and an unexpected fall in initial jobless claims, increased investors confidence in the economy.
  • The USD ended higher against the EUR, after data showed that German manufacturing activity increased less-than-expected in August and French manufacturing activity contracted for the first time since July 2009.
  • The SEK ended lower against the USD, after a report showed that manufacturing activity shrank for the first time in two years, reducing demand for the country’s currency.
  • The CAD closed higher against the USD, amid optimism that future trade with US would increase, US manufacturing activity rose unexpectedly in the August.
  • For more on trading the forex markets see forex spread betting.


Commodities Spread Betting Markets

  • Gold for immediate delivery is trading 0.1% higher today, at $1,828.35 per ounce.
  • Gold for December delivery declined 0.1% or $2.60 to end at $1,829.10 per ounce yesterday, as the dollar rose against the major currencies, decreasing the demand for the precious metal as a hedge against inflation.
  • In Asia, crude oil for October delivery is trading 0.3 % lower at $88.65 per barrel.
  • Yesterday, crude oil for October delivery rose 0.1% or $0.12 to settle at $88.93 per barrel, amid expectation of increase in energy demand, after US manufacturing activity and Chinese official Purchasing managers’ index rose in August compared to July.
  • Crude oil closed higher yesterday amid worries over a tropical storm developing in the Gulf of Mexico.
  • 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.





"Index Trading UK Market Review" last update by R Thomas, 02-Sep-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: 22-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: 21-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.





Financial Spread Betting Emails
Free Financial Email: Latest Spread Betting Offers and where to find narrow spreads. Click here to sign up.

 
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.

* Spread betting is tax free in the UK. This tax free status is subject to change and can differ if you pay tax outside the UK.


Home
Daily Share Tips
Daily Spread Betting
Daily Spread Betting Markets
Daily Spread Betting Blog
Daily Market Report
Spread Betting Charts
Spread Betting Companies
Capital Spreads
City Index
ETX Capital
Financial Spreads
GFT
IG Index
Spreadex
Tradefair
Spread Betting Directory
Spread Betting Reports
Spread Betting Tips
Spread Bet Emails
Spread Bet on Shares
Spread Bet on Indices
Spread Bet on FTSE 100
Spread Bet on Wall Street
Spread Bet on Dax 30
Spread Bet on Forex
Spread Bet on Euro / Dollar
Spread Bet on Euro / Pound
Spread Bet on Pound / Dollar
Spread Bet on Commodities
Spread Bet on Crude Oil
Spread Bet on Gold

All rights reserved. © Copyright SpreadBets.org.uk 2007-2012.