European markets have spent the day somewhat becalmed and slowly drifting lower as investors weigh up disappointing Q4 GDP revisions from France and the UK, while at the same time digesting a rather disappointing US durable goods number.
Comments from European leaders, particularly Italian PM Monti that the worst of the European sovereign debt crisis was [...]
Oil CFDs Fall amid Talks of Releasing Emergency Reserves
European Shares CFDs Struggle as Global economic Fears Grow
Additional stress in the Eurozone was back in the forefront this week substantially increasing the probability that Europe has officially entered recession in the first quarter.
European shares CFD trading markets are struggling to gain traction fuelling fears that we could see 2012 pan out in a similar way to 2011.
Whereas the US equity [...]
Better Than Expected Performance Boosts Sainsbury’s CFDs
UK equities continue to be quiet ahead of the Budget to be delivered by George Osborne later today.
The chancellor is expected to announce tax cuts that will benefit high and low income earners, while maintaining its stance on the austerity package.
The FTSE 100 is currently up just 3 points, with a range of [...]
Antofagasta CFDs Push Higher Despite Chinese Demand Concerns
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 [...]
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 [...]
Strong German ZEW Sentiment Data Boosts CFD Trading Markets
Ahead of the FOMC meeting later this afternoon, equity CFD trading markets have been buoyant taking their lead from Wall Street’s advances yesterday.
The release of the German ZEW sentiment data has also given the markets a boost beating the expectations by a long margin.
With the risk appetite well tuned, European banks have rallied with HSBC [...]
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 [...]
Standard Chartered CFDs Rally amid 9th Consecutive Year of Earnings
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 [...]