It’s was a fairly quiet European session yesterday with CFD share trading investors mulling the next move after the strong gains of recent weeks.
IMF Chief Lagarde’s weekend warning about the risks to the global economy of rising oil prices saw the market adopt a wait and see attitude yesterday, while a lack of new [...]
Antofagasta CFDs Push Higher Despite Chinese Demand Concerns
US CFD Trading Markets Push Higher Shrugging Off Weak Data
European markets have lacked conviction in pushing higher today at the end of a fairly positive week on both sides of the Atlantic.
This afternoon’s slightly disappointing US data has taken some of the edge off the recent bullish sentiment as investors weigh up the risks from rising oil prices, against a slightly more positive [...]
Falling Oil Price Weighs on BP CFD Trading Market
The revision on the outlook from stable to negative by Fitch overnight has not impacted the FTSE to any real degree today.
With oil trading at its lowest price in over a week, oil stocks are experiencing a pullback but any real sell off is being tempered by upbeat corporate earnings.
BP stocks have pulled back by [...]
CFD Trading: Chinese Growth Cuts Cause Mining Sector to Slide Back
A combination of a downward adjustment in Chinese GDP estimates and disappointing European services PMI data saw CFD trading markets slide back yesterday.
Concerns about Q1 economic growth has started to weigh on sentiment, after the rally of recent weeks has started to show signs of fatigue.
China’s announcement that it would be cutting its growth [...]
FTSE 100 CFD Trading Market Falls on Chinese Growth Target Cuts
European markets started lower on today as investors reacted to a weaker trading session in Asia that saw the Nikkei and Hang Seng both lose around 1% after Chinese growth forecasts was downgraded to 7.5% by Premier Wen Jiabao.
At 9.45am the FTSE 100 had lost 0.5% with financial and mining stocks the key drag on [...]
GBP/USD CFD Trading Market Rallies Despite Poor UK GDP Figures
Industrials are best performing sector
Lloyds acting as drag on banking sector
Telecoms is worst performing sector yet again
Today, European markets have risen fairly strongly ahead of the weekend, and on the back of some fairly positive from European companies. However, the FTSE 100 has lagged behind as it struggles anywhere above the 5,950 level.
Caution appears [...]
Gold CFDs Rally after BoE MPC Minutes
Disapointing PMI data suggests European economy struggling to grow in 1st Qtr
Drinks can maker, Rexam, at three year highs (increased profits of 15%)
Telecoms is worst performing sector
Yesterday, European markets once again slid back as this week’s earlier optimism has been tempered by disappointing PMI data out of the Eurozone core.
These PMI figures seemed to [...]
CFD Trading: Financials Push Lower on the Back of Ratings Agency Warnings
CFD trading markets have traded with a much softer tone today as concerns about deteriorating relations between Greek and EU politicians fuel a suspicion that a Greece default is imminent.
Despite closing well off their intraday lows, concerns still remain that the continuing delays in wrapping up this running sore with talk of looking at [...]
CFD Share Trading: Miners Boosted as Copper Prices Push Five Month Highs
European equity markets have traded in a holding pattern with all eyes fixed on Athens with a slightly negative bias into the close as the uncertainty surrounding a possible Greek deal keeps investors on the side-lines.
With meetings between Greek political leaders, currently taking place as we head into the close, the potential for a [...]
Gold CFD Trading Market Rebounds on US Jobs Comment
Equity markets continue to trade cautiously mixed, despite speculation that a Greek loan deal is close.
This is likely to be a case of ‘once bitten, thrice shy’ with respect to talk of imminent deals out of Greece, hence the markets reticence to get ahead of itself given that we have been disappointed so many [...]