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 [...]
Archive of posts filed under the CFD Share Trading News category.
CFD Trading: Chinese Growth Cuts Cause Mining Sector to Slide Back
6 March 2012, 10:14 am
FTSE 100 CFD Trading Market Falls on Chinese Growth Target Cuts
5 March 2012, 12:02 pm
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 [...]
Standard Chartered CFDs Rally amid 9th Consecutive Year of Earnings
29 February 2012, 3:58 pm
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 [...]
Filed under CFD Share Trading, CFD Share Trading News, CFD Trading.
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GBP/USD CFD Trading Market Rallies Despite Poor UK GDP Figures
24 February 2012, 5:14 pm
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
22 February 2012, 4:33 pm
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
16 February 2012, 5:21 pm
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 [...]
FTSE 100 CFD Trading Market Weakens as Troika Rejects First Greek Deal
10 February 2012, 5:10 pm
“The FTSE 100 finished the week lower with the UK Index losing 0.7% as concerns escalated over the political impasse in Athens towards meeting the Troika’s additional austerity demands. In addition, weaker than expected import data from China highlighted concerns over a slowdown in the worlds fastest growing economy.
The FTSE 100 closed down by 0.7% [...]
GBP/USD CFDs Push Higher After BoE Announces More QE
9 February 2012, 1:42 pm
The Bank of England today kept rates on hold and announced an increase to the scale of asset purchases under a second phase of quantitative easing by £50bn, as expected.
The CFD trading market had long been expecting an increase of £50bn and the Bank of England delivered on that expectation.
However, as much of the increase [...]
Filed under CFD FX Trading, CFD Share Trading, CFD Share Trading News, CFD Trading.
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CFD Share Trading: Miners Boosted as Copper Prices Push Five Month Highs
8 February 2012, 5:05 pm
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
7 February 2012, 5:17 pm
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 [...]