Investors continue to push concerns about Europe and Greece to one side and focus on the fact that despite economic concerns, markets remain keen to focus on the positives.
January manufacturing PMI data from China, Europe and the UK showed some signs of recovery and this has helped bolster these positives.
As is normal...
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Crude Oil Day Trading
FX Spread Trading: Pound Remains Resilient Amid QE Concerns
FX Spread Trading: Single Currency Slides Sharply Despite Successful Italian Bond Auction
If today’s moves in European markets signal anything, they signal a lack of confidence in European leaders to deliver on what investors had hoped last week would be some form of progress with respect to a Greek debt deal, over the weekend.
Having seen markets hold on to the gains from the previous two weeks...
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Firmer European Stocks Help US Spread Trading Markets to Open Higher
Basic resource stocks have led UK markets higher today after Chinese economic data came in above expectations, with Chinese retail sales jumping 18.2% and Q4 GDP beating expectations at 8.9%.
This data has reassured spread trading markets that even though growth is slowing, it is not at a rate to warrant concern.
Furthermore, it has...
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Spread Trading: UK Retailers Weaken After Tesco Announces Poor Christmas Sales
European markets initially had an altogether much more buoyant tone today, however as the afternoon has progressed they have slid back from their intraday highs, as buying interest has slowly melted away.
The FTSE 100 has lagged all day despite both the European Central Bank and the Bank of England keeping their respective monetary...
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Commodity Currencies Lead Forex Spread Trading Markets on Positive Chinese Data
European spread trading markets have taken the bull by the horns today posting strong gains after Chinese trade data saw a much higher surplus for November. Consequently, this raises expectations that the People Bank of China would look at further easing of fiscal policy after last month’s cut in bank reserve requirements.
The biggest gainers...
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McDonalds Spread Trading Market Hits 1 Year High on Rise in Sales
European markets have struggled for direction today ahead of tomorrow’s EU summit.
Investors who were hoping for a more decisive steer from the European Central Bank were left disappointed despite a rate cut of 25bps. The refusal of the ECB to commit to buying unlimited sovereign bonds, as well as closing the door to...
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Stock Market Trading: Markets Fall as Policymakers Down Play Summit Expectations
A bit of a Jekyll and Hyde day today, after opening with a fairly positive bias, European markets slid back in the afternoon session, as policymaker statements started to down-play expectations ahead of this week’s EU summit.
Talk that a bigger financial bazooka was being prepared gave markets an early boost, however comments from...
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US Spread Trading Markets Soar as Central Banks Unite to Boost Liquidity Supply
Markets started off on a predominantly soft tone this morning after the overnight downgrades of global banks by Standard and Poor’s, but central bank intervention on a co-ordinated scale saw the tide turn in a significantly positive fashion.
This started with the Chinese central bank cutting its bank reserve requirement ratios by 50bps to 21%,...
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Gold Spreads Surge Towards $1880 on Data Showing Stagnation in US Job Market
The FTSE 100 finished the week on a sour note after investors decided to downsize the amount of risky assets that had built up throughout the bullish start to the week as US jobs badly missed analyst forecasts.
It was the moves by investors to shy away from risk that locked in a sour...
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FTSE Heads for 1 Year Lows as Eurozone Debt Fears Reverse Early Gains
European markets had been extremely choppy this morning opening lower before surging into positive territory as the European Central Bank bought Spanish and Italian bonds, driving yields down sharply.
Markets were unable to hold on to the gains as mixed messages about the EFSF continued to emanate out of Europe.
Equity markets in Italy and...
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