The LS Trader System Weekly Update
There are some promising signs that the markets are beginning to return to a more normal state and are beginning to trend again. Several markets have broken out of their trading ranges in the past week and a few more may be on the verge of doing so. This week the LS Trader system is entering 6 new trades, which takes our total number of…
March 7th, 2010 | Posted in News | No Comments
The LS Trader System Weekly Update
There are some promising signs that the markets are beginning to return to a more normal state and are beginning to trend again. Several markets have broken out of their trading ranges in the past week and a few more may be on the verge of doing so. This week the LS Trader system is entering 6 new trades, which takes our total number of…
March 7th, 2010 | Posted in News | No Comments
Spread betting and contracts for differences on European markets
Spread bets and CFDs on European markets should consider that things are getting dicey in Greece again. Greece has been trying to impose austerity measures for a few weeks now, but every time the issue comes up, the public goes on strike.
This is certainly the case right now, as Athens is all but deserted with public workers walking out to protest the…
March 5th, 2010 | Posted in News | No Comments
Spread betting and contracts for differences on European markets
Spread bets and CFDs on European markets should consider that things are getting dicey in Greece again. Greece has been trying to impose austerity measures for a few weeks now, but every time the issue comes up, the public goes on strike.
This is certainly the case right now, as Athens is all but deserted with public workers walking out to protest the…
March 5th, 2010 | Posted in News | No Comments
Spread bets and CFDs on U.S. stocks
Spread betting and contracts for differences on the U.S. stock market should consider that futures are pointing to a higher open. Indeed, after the nonfarms payrolls report for February, U.S. stock futures continue to point higher.
U.S. stocks appear to be following Asian and European stocks, nearly all of which are higher this morning. Asian markets saw success in trading today — everywhere by India.…
March 5th, 2010 | Posted in News | No Comments
Spread betting and contracts for differences on U.S. markets
Spread bets and CFDs on U.S. markets should consider that nonfarm payrolls data is in, and it appears that the economy shed 36,000 jobs in February. This news follows on the heels of a report showing that initial unemployment claims dropped by 29,000.
The government doesn’t know to what extent the snowstorms from the end of February might have affected the numbers, but…
March 5th, 2010 | Posted in News | No Comments
Spread bets and CFDs on the U.S. stock market
Spread betting and contracts for differences on U.S. stocks should consider that futures are inching higher today. After experiencing a bit of uncertainty, U.S. stock futures are looking for some optimism, thanks to improved jobs data.
Initial unemployment claims fell by 29,000, adding encouragement that things might start improving again. However, it is important to note that yesterday’s improved ADP data didn’t do…
March 4th, 2010 | Posted in News | No Comments
Spread betting and contracts for differences on gold prices
Spread bets and CFDs on commodities should consider that gold prices are moving a little bit higher today. They had moved lower initially, but now, as the European session approaches the close and the U.S. session nears open, gold is back up.
Also up is the Aussie in spot forex trading. The Australian dollar is gaining as gold prices increase. Aussie is a…
March 4th, 2010 | Posted in News | No Comments
Spread bets and CFDs on the sterling in forex trading
Spread betting and contracts for differences on the spot forex market should consider that the Bank of England has held rates steady again. The rate remains at 0.50%. This is unsurprising, as many have expected the Bank of England to hold the course for now.
Nevertheless, the sterling did get a brief boost on the spot forex market after the announcement, even…
March 4th, 2010 | Posted in News | No Comments
Spread betting and contracts for differences on U.S. stocks
Spread bets and CFDs on the U.S. stock market should consider that futures are mixed this morning. They are largely rangebound as investors mull over a few new developments.
The ADP jobs report shows that unemployment is slowing, with the smallest contraction in jobs in two years. The news is providing some hope that the employment situation in the U.S. may begin to…
March 3rd, 2010 | Posted in News | No Comments