Spread bets and CFDs on European markets
Spread betting and contracts for differences on various markets should consider the impact of continued turmoil in Greece. Yesterday, Greeks took the streets to protest austerity measures that the government wants to impose in an effort to get the financial situation under control.
However, if the Greeks are worried about their sovereign debt rating, they will have to go through with the measures. Moody’s has…
Spread betting and contracts for differences on the U.S. dollar
Spread bets and CFDs on the spot forex market should consider that the greenback is heading lower today. The release of Ben Bernanke’s recent testimony has the dollar lower, indicating that monetary policy is likely to stay the course for a while.
U.S. dollar bulls had been excited about last week’s boost to the discount rate, looking at it as an indication…
Spread bets and CFDs on gold prices
Spread betting and contracts for differences on commodities should consider that gold prices are lower today. Ben Bernanke is testifying before Congress today and tomorrow. However, U.S. equities are higher and the U.S. dollar is lower.
Concerns that the Fed might raise interest rates sooner than expected could weigh on gold prices as inflation is kept under control, and gold isn’t needed as an…
Spread bets and CFDs on U.S. markets
Spread betting and contracts for differences on U.S. markets should consider that Federal Reserve chair Ben Bernanke does not believe that economic recovery has reached a sustainable level.
MarketWatch reports on some of Bernanke’s testimony before Congress today:
"As the impetus provided by the inventory cycle is temporary, and as the fiscal support for economic growth likely will diminish later this year, a sustained recovery will…
Spread betting and contracts for differences on European markets
Spread bets and CFDs on European markets should consider the current situation in Greece right now. Thousands of Greeks are striking in an effort to protest austerity measures the government wants to impose in order to bring the financial situation under control.
The Greek protest follows on the heels of disappointing German Ifo data. However, none of this seems to be dampening European…
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 pointing to a lower open today. Indeed, ahead of the U.S. session, risk appetite is low and global equities are being routed.
Stock markets in Asia closed mostly lower, with Hong Kong an exception. In Europe, markets remain stubbornly in the red, including the FTSE 100. The U.S. stock…
Spread bets and CFDs on oil prices
Spread betting and contracts for differences on commodities should consider that oil prices are heading lower today. After breaching the $80 a barrel mark, oil prices are once again below that level, thanks to increased risk aversion.
Oil prices often move inversely to the U.S. dollar, and with the greenback headed higher today, it is little surprise that commodities like oil are moving lower in…
Spread betting and contracts for differences on the U.S. dollar
Spread bets and CFDs on the spot forex market should consider that the U.S. dollar is heading higher today. The U.S. dollar is gaining in spot forex trading as risk aversion sets in.
News that the German Ifo came in weaker than expected is boosting the greenback against the euro in spot forex trading. Investors are unsure about the way things are…
Spread bets and CFDs on European markets
Spread betting and contracts for differences should consider the impact the German Ifo will have on European markets. The Ifo declined, showing that current conditions are not that great in the euro zone.
Germany is important to the euro zone, since it represents the largest economy in Europe. Indeed, the euro zone often follows where German leads, and the Ifo indicates that things are a…
Spread bets and CFDs on the European stock market
Spread betting and contracts for differences on European stocks should consider that they are stabilising a bit and heading higher today. The gains are modest, true, but they are still gains.
Earlier in the day, European stocks fluctuated between gains and losses. However, Rio Tinto Group is helping matters, sending shares of miners and other resource shares higher.
Also helping to calm the European…