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Risk-On Attitude Sees European Spread Trading Markets Open Positively

European markets opened positively this morning from Friday’s close, with Utilities, Oil & Gas and Tech gaining a small lead early on – IPR and DGE lead.

Continuing with the present theme, today presents itself tentatively as ‘risk-on’, where those assets associated with attaining a risk premium are likely to be favoured and highly correlated with each other, owing partly to ETF-induced lower volumes and larger trade sizes.

In focus today will be whether US retail sales can help underpin a bid to a market faced with significantly darkening news flows from only a month ago.

From teasing new highs and watching paper profits fondly, spread trading investors are once again faced with the discipline of capital preservation rather than growth.

But if those who cycled capital from the year’s early winners into cheapening fixed income did so promptly, then they’re well positioned to take advantage of any natural price correction, euro-crisis induced or otherwise, to what was a period of strong performance for equities.

That said, however, Thursday’s Spanish and French bond auctions will be watched very closely.

Article by Spreadex.

CFDs, Forex and Financial Spread Trading carry a high level of risk to your capital and can result in losses larger than your initial stake/deposit. These forms of trading may not be suitable for everyone so please ensure you fully understand the risks involved. Where necessary, seek independent financial advice.

This BillionforGovernor.com is only intended for those persons of 18 years of age or older.

FX Trading: Positive FED Minutes Strengthen US Dollar

The US economy delivered good enough statistics during the first four days of the week to reassure FX spread trading investors that the recovery was moving ahead just fine.

Purchasing managers’ index readings for the manufacturing and services sectors once again led the world and factory orders scored a monthly increase.

Jobs growth slowed in March, with just 120k employees added to non-farm payrolls but the news came out on Friday, when most of the world was on holiday.

The biggest boost to the dollar came from the minutes of the Federal Reserve’s March policy meeting.

Investors were surprised and delighted to see that the Fed is moving further away from the idea of an extension to its quantitative easing programme.

Friday’s weaker payrolls number slightly spoiled the effect but investors are less worried than previously about the Fed flooding the world with newly-printed dollars.

By MoneyCorp.

CFDs, Forex and Financial Spread Trading carry a high level of risk to your capital and can result in losses larger than your initial stake/deposit. These forms of trading may not be suitable for everyone so please ensure you fully understand the risks involved. Where necessary, seek independent financial advice.

Shell Spread Trading Market Weakens on Oil Sheen Concerns

Today’s session has confirmed the unusual paradox between bad news and higher prices as something unlikely to recede.

Global equities caught a bid this afternoon as policy makers endorsed plans to keep rates at record lows until 2014, adding weight behind the hand that pushes income-seeking investors into riskier assets to find a return.

It’s not too surprising, then, that even with US jobless claims spiking higher this afternoon, the screens remain blue for risk assets.

If the US economy can be seen to slow further, spread trading investors are likely to buy against an improved likelihood of QE3.

But what did central banks expect from a self-maximising market place when offered cheap liquidity?

UK equities are stronger in line with the broader market, up around 1 percent.

Basic material and industrials lead where healthcare and utilities lag.

The strongest performers of the index are GKN and RIO.

RDSA remains poorly bid this afternoon on concerns of an oil sheen originating from near their operations, though sources have confirmed Shell not to be the cause of the six-barrel accident.

Article by Spreadex.

CFDs, Forex and Financial Spread Trading carry a high level of risk to your capital and can result in losses larger than your initial stake/deposit. These forms of trading may not be suitable for everyone so please ensure you fully understand the risks involved. Where necessary, seek independent financial advice.

This BillionforGovernor.com is only intended for those persons of 18 years of age or older.

Shares Spread Trading: UK Index Pushes Higher on Rebounding Stocks

Stocks in Asia fell last night in sympathy with a market anticipating at least some kind of fallout from the Spanish debt crisis or the now slowing US jobs market.

With yields on Spanish ten-year paper jumping to levels that saw the likes of Greece, Ireland and Italy reach for the safety nets, Prime Minister Rajoy will be watched closely today as he addresses parliament.

The unfortunate reality here is that Spain is very different to those that have already been bailed out; it’s arguably too big to bail.

Should the provisions made by the Spanish government, the IMF and the ECB not be enough to either reassure the market or help roll over their debt if required, the volatility seen so far this month is likely to continue.

Turning to UK shares spread trading markets, it’s those that took a hammering yesterday that are winning this morning, with basic materials and financials leading the index higher – telecommunications lag.

Article by Spreadex.

CFDs, Forex and Financial Spread Trading carry a high level of risk to your capital and can result in losses larger than your initial stake/deposit. These forms of trading may not be suitable for everyone so please ensure you fully understand the risks involved. Where necessary, seek independent financial advice.

This BillionforGovernor.com is only intended for those persons of 18 years of age or older.

FTSE 100 Spread Trading Index Weakens on Weak NFP Figure

Investors returned to the markets this morning with caution playing on the forte of decision making as European markets had their first opportunity to digest last week’s poor US nonfarm pay roll figures.

As expected, the FTSE spiralled downward with the realisation that a few recent pieces of positive economic data was not enough to justify the recent spell of confidence with the current pace of global growth.

The decline in early trading, arguably, was exacerbated by the US Fed Chairman Ben Bernanke’s admission that the US economy was still withering following the financial crisis.

However, the European debt situation should remind index spread trading investors that the US is not alone in this.

Nevertheless, some positive news followed the Easter break as data released this morning from China showed the world’s export champion swung back into positive territory for exports in March.

However, contrarians would point out that imports were worse than expected and since much of China’s imports are used for raw materials to support exports, one could ponder whether an acceleration in exports will prove to be short lived.

Article by Spreadex.

CFDs, Forex and Financial Spread Trading carry a high level of risk to your capital and can result in losses larger than your initial stake/deposit. These forms of trading may not be suitable for everyone so please ensure you fully understand the risks involved. Where necessary, seek independent financial advice.

This BillionforGovernor.com is only intended for those persons of 18 years of age or older.

New Financial Spreads Charts

Financial Spreads, the UK based CFD and Financial Spread Trading company, has upgraded their trading charts.

Financial Spreads offers more than 2,500 financial markets and clients have always been able to access charts for each individual market. Clients could also add a range of technical indicators and view the charts across a number of different time periods from 1, 2, 3, 5 and 10 minute charts for day traders to daily and weekly charts for investors taking a longer term view.

According to Adam Jepsen, spokesman for Financial Spreads, the new spread trading and CFD charts are a significant improvement on the previous offering.

“We still provide charts for every single market and, in addition to all the standard features an investor would expect from market leading charting software, we are also offering features such as back testing tools and price alerts for when markets hit certain levels”.

The range of new features includes:

  • Back Testing tools
  • Alerts for when the markets hit a user defined level
  • A longer history for shorter time periods
  • More price display options
  • More indicators
  • More time periods such as 2 hour, 4 hour and monthly charts
  • More drawing features such as Fibonacci times zones, fans and arcs

“We’re very happy to be able to offer our clients these professional level charts and, best of all, they remain free for all Financial Spreads clients,” added Jepsen.

Whilst the new charts are user friendly, the company has also added a range of video tutorials to www.FinancialSpreads.com. The video tutorials cover all the basic charting features such as drawing, zooming and adding/removing indicators, however they also cover how to use the price alerts and back testing.

Before trading, please note that CFD trading and financial spread trading are leveraged and therefore carry a high level of risk to your capital.

These products may not be suitable for all investors. With CFD treading and financial spread trading it is possible to lose more than your initial investment and therefore you should only trade with funds that you can afford to lose. Ensure you fully understand the risks and, where necessary, seek independent financial advice.

Widening Chinese Trade Deficit Weakens Shares Spread Trading Markets

Shares spread trading markets this morning awoke to a slightly larger wall of worry to climb than they left on Friday afternoon, with Asia’s superpower spluttering once again in the face of a now established trend of softer economic performance.

China’s trade deficit widened to a level not seen in 22 years, as export growth failed to match expectations.

This, however, really only becomes concerning if the effect of such slowing cannot be matched by a proportionate loosening of money supply by its central bank, which seems unlikely given central bank governor Zhou Xiaochuan’s comments earlier today.

In fact, the governor cited a time when the bank’s reserve requirement ratio bottomed at 6% during the ‘90s, something typically heard from a central bank anticipating a significant slowdown and looking to calm participants’ nerves with a clear intention to act.

The picture, then, remains positive.

A quickening US recovery could well be offset by a slowing Chinese economy to some extent, but with an accommodative central bank and growth likely to continue, deflationary concerns are unlikely to present more concern than they already have near-term.

The FTSE 100 currently trades flat, adding a very marginal positive bias having opened down. CCL, AME and PRU lead, with EMG and RR lagging. Consumer services and financials outperform.

Article by Spreadex.

CFDs, Forex and Financial Spread Trading carry a high level of risk to your capital and can result in losses larger than your initial stake/deposit. These forms of trading may not be suitable for everyone so please ensure you fully understand the risks involved. Where necessary, seek independent financial advice.

This BillionforGovernor.com is only intended for those persons of 18 years of age or older.

Spread Trading Investors Look for Strong NFP After Greek Bailout Approval

Greece have secured their €206bn debt deal with final approval to be made by Eurozone finance ministers later today.

After quite a rollercoaster ride, it looks like Greece has finally done it, allowing €100bn to be wiped off of their national debt.

Moreover, it has allowed Europe to avoid what could have been a disorderly default in which the costs do not bare thinking about.

Away from Europe, Chinese inflation dropped to 3.2%, suggesting the stubbornly high inflation in which China has been subject to has now come under control.

Non-Farm Payrolls in the states this afternoon will be keenly watched.

With the US economy performing relatively well in recent months spread trading investors will be looking for a positive number to further prove that the US economy is firmly getting back on track.

Article by Spreadex.

CFDs, Forex and Financial Spread Trading carry a high level of risk to your capital and can result in losses larger than your initial stake/deposit. These forms of trading may not be suitable for everyone so please ensure you fully understand the risks involved. Where necessary, seek independent financial advice.

This BillionforGovernor.com is only intended for those persons of 18 years of age or older.

Shares Spread Trading: Morrison’s Stocks Rise on Strong Pre-Tax Profit

A slightly stronger spread trading market this morning provides a pleasant backdrop for the marginally better than expected earnings from the main market’s fourth largest supermarket, Morrison’s (MRW.L), to be posted.

Pre-tax profit was roughly in-line with analysts’ expectations, posting a 3% premium to forecasts at £947m and earning 26.03p per share.

So, without trying to draw as much meaning from ancillary figures as possible, the bottom line here is the good news continues for a group that has not only consistently outperformed its peers but the broader market, too.

Admittedly, though, when Tesco (TSCO.L) posted its profit warning in January, the sector looked troubled in a material way; if the biggest operator in the market was struggling, it can be reasonably extrapolated that its competitors will face similar challenging headwinds.

But today’s figures stand to dispute that rationale for the industry as a whole to at least some degree.

The news today, then, could prove as worrying for Tesco as it is promising for Morrison’s.

The problem for Tesco is that the earlier profit warning looks to be more localised than its board advised, with Morrison’s increasing revenue and profits, supplemented by an impressive record number of new customers added for the period.

In summary, the long Morrison’s, short Tesco trade today continues to offer its appeal. But the extent to which the market has already priced in this disparity cannot be ignored.

Article by Spreadex.

CFDs, Forex and Financial Spread Trading carry a high level of risk to your capital and can result in losses larger than your initial stake/deposit. These forms of trading may not be suitable for everyone so please ensure you fully understand the risks involved. Where necessary, seek independent financial advice.

This BillionforGovernor.com is only intended for those persons of 18 years of age or older.

Dow Jones Spread Trading Index Plunges on Greek Debt Fears

The FTSE is relatively flat this morning as investors take stock following a third consecutive day of falls in the UK and sell offs in Wall Street and Asia.

Equities across the globe are going through a risk-off phase under pressure from fears that Greece may fail to reach a debt restructuring agreement.

The deal with its private bondholders looks to reduce its debt pile by 100 billion euros and if no deal is in place by Thursday, Greece could miss out on the second tranche of the 130 billion euro bailout and go in to bankruptcy.

Stocks fell sharply in the US on Tuesday with the Dow Jones spread trading index closing at 12,759.15, the largest decline since November.

It was only last week that we saw the Dow closing above the 13,000 mark for the first time since May 2008.

However, it appears that traders have started to take note of the problems still apparent and have started to get nervous of the gradual rally we have seen over the past couple of months without a pullback of any real magnitude.

In terms of data today we have a fairly quiet day with German factory orders at 11am GMT.

The ADP nonfarm employment change, a good predictor of the government’s non-farm payroll report, will be the main highlight at 1:15pm GMT.

Market expectations are for the report to show a 215,000 increase in February.

Article by Spreadex.

CFDs, Forex and Financial Spread Trading carry a high level of risk to your capital and can result in losses larger than your initial stake/deposit. These forms of trading may not be suitable for everyone so please ensure you fully understand the risks involved. Where necessary, seek independent financial advice.

This BillionforGovernor.com is only intended for those persons of 18 years of age or older.