Spread Betting Trading Signals Snapshot

• FTSE 100 edged down 0.2% to end at 5,509.0.
• FTSEurofirst 300 index rose marginally to 970.6.
• DJIA lost 1.6% to close at 11,905.6. NASDAQ declined 1.7% to settle at 2,639.6. S&P 500 retreated 1.7% to end at 1,236.9.
• Nikkei 225 index is trading 0.2% lower, at 8,449.4.
• In Asia, crude oil for December delivery is trading 0.4% or $0.41 lower at $102.18 per barrel.
• At 0400 BST today, the GBP is trading 0.2% higher against the USD at $1.5730, 0.1% lower against the EUR at €1.1671, and 0.1% higher against the JPY at ¥121.16.
• For more on trading stock market indices see spread betting on indices.

UK Financial Spread Betting Trading Signals

• UK markets closed on a mixed note yesterday, with the FTSE 100 index ending lower, after Bank of England expressed concerns over UK’s economic outlook.
• Interdealer broker, ICAP lost 4.7%, as its Chief Executive, Michael Spencer, warned of falling trading-volumes in October and November.
• Publisher, Reed Elsevier lost 2.4%, following a dismal trading update.
• Essar Energy, the top laggard on the FTSE 100 index, extended its losses, declining 5.3%, on the back of project delays and concerns over escalating costs.
• Sainsbury, Marks & Spencer, Vodafone and British Sky Broadcasting slid between 1.6% and 4.9%, as they went ex-dividend.
• Michael Page, the top gainer on the FTSE 250 index, jumped 5.8%, following a bullish note on the staffing sector's prospects by HSBC.
• Cairn Energy added 2.4%, after Societe Generale initiated coverage on the stock with a “Buy” rating.
• FTSE 100 edged down 0.2% to 5,509.0. FTSE 250 rose 0.2 % to settle at 10,275.6.
• Intertek Group rose 3.5%, after it stated that its 10 months earnings were in line with expectations, despite global economic turbulence.
• Cairn energy gained 2.4%, after Societe Generale initiated coverage on the stock with a “Buy” rating.
• Meggitt added 2.4%, after it announced that it had acquired two new contracts. Meggitt also gained value, after it was included in the MSCI’s UK index.
• Energy stocks, Petrofac, BP and Royal Dutch Shell, rallied between 1.5% and 1.9%, after crude oil for December delivery rose above $100 per barrel for the first time since June.
• Essar Energy slumped 5.3%, on the back of project delays and concerns over escalating costs.
• ICAP dropped 4.7%, after its Chief Executive, Michael Spencer, warned of falling trading-volumes in October and November.
• Vodafone declined 3.7%, after it went ex-dividend.
• Admiral slid 3.6%, amid fears that it might be removed from the FTSE 100 index.
• Reed Elsevier lost 2.4%, following a dismal trading update.
• For more on trading UK shares see spread betting on UK shares.

Forex Spread Betting Trading Signals

• At 0400 BST today, the GBP is trading 0.2% higher against the USD at $1.5730, 0.1% lower against the EUR at €1.1671, and 0.1% higher against the JPY at ¥121.16.
• The EUR is trading 0.3% higher against the USD at $1.3478.
• The EUR is trading 0.2% lower against the JPY at ¥103.82.
• The EUR is trading higher against the USD and the JPY, ahead of the auction of government bonds by Spain and France.
• The USD is trading higher against the AUD and the NZD, amid signs that European leaders are struggling to resolve the region’s debt crisis, increasing demand for the safe haven assets
• Yesterday, the GBP closed lower against the USD, amid speculation that UK might expand its stimulus. This came after the Bank of England stated that the country faces a “markedly weaker” outlook for economic growth, adding that growth might be “broadly flat” in the first half of 2012.
• The USD closed higher against the EUR, amid speculation that the European Central bank might ease monetary policy. Italian, Dutch, French and Belgian bond yields rose to a record high, adding to fears that the Eurozone debt crisis would spread to region’s other economies.
• For more on trading the forex markets see forex spread betting.

Commodities Spread Betting Trading Signals

• Gold for immediate delivery is trading 0.1% lower today, at $1,760.80 per ounce.
• Gold for December delivery fell 0.4% or $7.90 to settle at $1,774.30 per ounce yesterday. This came 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 December delivery is trading 0.4% or $0.41 lower at $102.18 per barrel.
• Yesterday, crude for December delivery rose 3.2% or $3.22 to end at $102.59 per barrel. This came after the US Energy Information Administration reported a decline of 1.1 million barrels in crude oil inventories for the week ended 11 November.
• For more on commodities trading see commodities spread betting.