Spread trading markets are slightly higher this afternoon after positive manufacturing data from Wednesday keeps sentiment high, along with good unemployment data in the states ahead of Non-Farms tomorrow afternoon.
China announced today that it is seriously looking at deeper involvement within the Eurozone by contributing to the EFSF via the IMF.
Good news for Europe...
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Stock Market Trading
Could European Spread Trading Markets Be Saved by China?
FX Spread Trading: Pound Remains Resilient Amid QE Concerns
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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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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US Spread Trading Markets Continue Bullish Run Amid Strong Durable Good Orders
The FED’s announcement last night gave financial spread trading investors renewed belief that the FED is willing to step in where necessary to help prop up the US economy.
US markets are up strongly pre-market in European trading as they carry on the momentum from the gains experienced near the close last night.
Durable...
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Shares Spread Trading: JP Morgan Upgrade Sees Dixon’s Retail Shares Jump 7.7%
European stocks saw a mixed opening in trading today with the FTSE gaining 0.2% to hit a new five and a half month high, whilst the DAX lost 0.6% and the CAC was flat, as traders paused for breath and watched ongoing developments in the sovereign debt crisis.
With talks between private bond holders and...
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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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Spread Trading Investors Seek Safe Havens in Pharmaceuticals on Bleak European Data
European markets were distinctly under whelming today as a risk adverse tone was adopted in light of what was a relatively quiet economic calendar day.
Germany’s GDP came in as expected showing a 3% increase in 2011. However, the contraction of 0.25% in Q4 on the back of a cooling demand for exports is of...
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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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FTSE 100 Spreads Shed 2 Percent on Fears Over French Credit Rating
The FTSE 100 spreads fell 2% on Wednesday as investors avoided risky asset classes such as financial and mining stocks after continued fears over rising sovereign bond yields and nerves over potential ratings downgrades for France convinced them to cut back.
There has been speculation and concern over the fragility of top notch credit ratings...
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