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 [...]
21 February 2012, 2:07 pm
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 [...]
20 February 2012, 1:57 pm
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 [...]
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 [...]
15 February 2012, 12:12 pm
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 [...]
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% [...]
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 [...]
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 [...]
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 [...]
6 February 2012, 11:47 am
European stocks pushed lower as concerns over a potential Greek default triggered investors into profit taking, as EU leaders await coalition parties in Greece to formally accept fresh austerity demands as part of the new bailout terms.
With stock markets hitting new six-month highs on Friday, financial CFD trading investors have been encouraged to take some [...]