It has been a quiet day on the London markets so far as traders waited for, and then failed to react to, a slightly higher than expected number for LTRO 2.
Banks took €530 billion of cheap 3 year money, above the consensus of €500 billion, but still well within the range of a number [...]
Archive of entries posted on February 2012
Will a Strong US Dollar Hinder S&P 500 CFD Trading Index?
Of the developed economies, the USA did not fare too badly during 2011. The Wall Street 30 Index started 2011 at around 11,600 and ended the year at just over 12,200.
Although the S&P CFD trading index finished the year rather flat, the Dow Jones managed to pick up 4.7% during over the same period.
Consumer [...]
Forex CFDs: Greek Bailout Agreement Sees Euro Push Higher
It was another turbulent week for the CFD FX trading markets last week, with the agreement over the much anticipated Greek bailout pushing the single currency up despite the uncertainty in terms of execution and potential success.
The implementation of the austerity measures remains in question and when one adds in the lack of details on [...]
FTSE 100 CFDs Close Lower Despite Strong Oil Stocks Performance
The FTSE 100 recovered from losses of 0.5% to close slightly lower yesterday, bouncing from a brief dip below the 5900 level after positive session for heavyweight oil stocks helped the UK Index to regain lost territory.
The early losses recovered well, though considering much of the recovery was helped by gains in oil stocks, which [...]
Unresolved Greek Debt Deal Fuels CFD Trading Volatility
The steady stream of headlines on the details of the Greek deal over the past week triggered major volatility with traders sizing up the likelihood that a deal would indeed be achieved.
Although CFD trading markets were considered ripe for a pullback in February, European indices have been mainly moving sideways with only slight upwards [...]
FTSE 100 CFD Trading Indices Rallies on Chinese Ratio Cuts
The FTSE 100 rallied 0.7% in trading on Monday after the China moved to kick start flagging growth by cutting the reserve ratio requirement (RRR) by 0.5%, lifting heavyweight mining stocks in the process.
By 11am the FTSE 100 had rallied 45 points to trade at 5950, whilst similarly strong moves were seen in broader European [...]
Sterling CFD FX Trading Markets Weaken as BoE Announces Further QE
Over the past weeks the CFD trading markets have weathered disappointing news from the Euro-region including downgrades, missed deadlines for financial aid and slowing growth.
Despite all this, markets remained strong throughout the new year, indicating that the resolution of the European sovereign has already been priced in.
It remained to be seen if the [...]