Spread bets and CFDs on the stock marketOne of the issues being looked at right now is the mark to market rules when accounting. The confusion about mark to market is getting a lot of play right now as the U.S. government seeks to overhaul regulations and try to prevent another major market meltdown in the future. Here is what Stock Market Funding reports about what FASB chairman Robert H.…
American TV personality looks to uncover the secret world of the stock marketOne of the biggest bits of news today is the way that comedian Jon Stewart, anchor of the "fake news" program The Daily Show, interviewed Jim Cramer last night. Even though Stewart is a comedian, he was mostly serious last night as he leveled charges and Cramer — and the entire stock market establishment — of manipulation at…
Spread betting and contracts for differences on the bond marketUS Treasuries are down this morning ahead of an auction. There are concerns about the amount of US government debt flooding the market in an effort to pay for economic stimulus. Bloomberg reports on US Treasuries on the bond market:
“There’s not as much support as we’ve seen before, but we are seeing that the consumer didn’t just roll over,” said Kevin…
Oil futures gain in commodities tradingOil futures are rebounding today after a decline. Profit taking has caused some declines in oil prices, even with talks of another OPEC production cut. However, this morning oil futures are seeing a bounce in commodities trading.
Oil prices are back up solidly above $43 a barrel. However, the gains may be short-lived. Economic data continues to be a driver for oil prices, and the economic…
Spread bets and CFDs on the stock marketSpread betting and contracts for differences on Asian stock indices should consider that they are dropping today. After a global stock market rally over the last two days, things are slowing down.
Asian stock indices are dropping as a little bit of uncertainty — and profit taking — returns to the stock market. Forex Fundas reports on Asian stock indices that are down…
Spread bets on US dollar in forex tradingThe US dollar is pulling back a bit in forex trading right now. Spread bets should consider that the effects of optimism on the financial markets are likely to negatively concern the US dollar.
Lately, the greenback has been used as a safe haven. With the stability of the US taxpayer base, and with the general safety of US government debt, US assets have…
Oil futures remain weak on global economySpeculation is rife that an OPEC meeting on March 15th could result in another production cut. There are concerns that falling demand, due to the global economy will continue to weigh on oil prices. FX Street reports on the current state of oi prices:
Crude inventories have fallen 2.8% over last three weeks. OPEC is expected to cut oil production for fourth time since 2008.…
Contracts for differences on goldWhen deciding how to trade CFDs on commodities, one of the things to consider is economic conditions and how they affect demand. Gold prices were rising on safe haven demand, due to concerns about the global economy. When things started to look better in terms of a possible recovery from the recession, though, gold prices started dropping.
Now gold is below $900 an ounce (way off highs…
Spread bets and CFDs on individual equitiesSpread betting and contracts for differences on the stock market should consider that things are getting interesting for some individual equities. One of these is UBS, which is posting a loss of $18 billion for 2008. This is huge.
However, the positive news out of Citi yesterday — along with other bank stocks rallying — is kind of helping to drown out the problems facing…
Will yesterday’s 400 point rally stick?Yesterday, the global stock market came roaring back. The US stock market alone rallied nearly 400 points. And today’s open looks to be higher again.
Spread betting and contracts for differences on US stocks should consider that futures are pointing to a higher open today. Even with continued evidence of slumps in Asian economies, a bit of optimism seems to have emerged with regard to the…