Traders in the US session looked one way and saw disappointing data, while looking the other and seeing pleasing earnings from companies like Microsoft, Morgan Stanley, Bank of America and Peabody.

Today though, with little US data, online spread betting investors may take their lead from GE who is expected to report Q1 adjusted EPS of 33 cents and $3.47 billion of revenue.

GE, who source earnings from so many parts of the economy, has the premise to move an equity market around that really seems to be struggling for direction at present.

However, history, if anything to go by, doesn’t provide too much reassurance, with the conglomerate having fallen 8 of the last 11 quarterly reporting days.

European markets look set to open lower after another dull and yawn-inspiring Asian trade, with traders likely to adjust positions ahead of the weekend’s drama, or lack of it, as we have become accustomed to in G-20 meeting of past.

While the fiscal woes of Europe will be talked about with smiles all-round, the real issue the market wants to hear about is whether the IMF can achieve financial commitments of $400 billion to potentially lend to Eurozone members as and when it needs them.

As it stands, $320 billion seems in the bag, although we are still to hear from BRIC nations on where they stands; rhetoric from China perhaps the most anticipated.

IMF chief Christine Lagarde is expected to give a press conference at 09:00 EDT on Saturday, and logically you will probably only hear mention of the funds if they have been achieved by that time.

Any narrative over the weekend that the total amount of funds committed is going to be over $400 billion should set us up nicely for next week and put risk on the front foot.

The German IFO is also released today, and expectations are for a modest decline in the business climate survey.

In forex spread betting, EUR/USD has been moving sideways from early April and a move closer to the April 12 pivot high of 1.3213 could be a level in which traders may look to sell. Moreover, an improvement in the IFO may see the single currency push towards this level sooner, rather than later.

It is also the first round of the French Presidential elections on Sunday and there is no escaping the move higher that we are seeing in French yields.

Part of the move yesterday was premised on Citigroup putting out a note suggesting France may get a credit rating downgrade in the next two years.

However, there is still no denying whoever gets the gig as French President needs to persuade the markets they are serious about debt reduction, plus give indications that they plan to model themselves on Germany as opposed to Spain or Italy.

Still, while everyone is rightly looking at Spain’s borrowing costs, keep one eye on French yields as well, as uncertainty may push yields higher.

The Spanish IBEX as well looks terrible, and has convincingly broken the multi-year uptrend.

Although it is clearly oversold in oscillator terms, it seems the March 2009 lows of 6702 are firmly in its sights. The index went on to rally 82% to the January 2010 high of 12240 from these lows, so we expect good buying support to kick in if it retreats further.

Ahead of the open we are calling the FTSE at 5735 – 9, the DAX at 6661 -10, the CAC at 3161 – 13 and the IBEX at 6883 -25

 
Contracts for differences (“CFD”) trading and spread betting carries a high level of risk to your capital with the possibility of losing more than your initial investment and may not be suitable for all investors. Ensure you fully understand the risks involved and seek independent advice if necessary.
 
Market Commentary by IG Index.
 
This material should not be construed in any circumstances as a recommendation or offer to sell or recommendation or solicitation of any offer to buy any security or other financial instrument by IG Index or Online-Spread-Betting.com, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action. The material is not a personal recommendation and you should seek independent advice as to your suitability to speculate in any related markets..
 
IG Index is a spread betting provider and is authorised and regulated by the Financial Services Authority, register number 114059.

Yesterday the European and US stock markets reversed some of the previous session’s gains after Spanish yields moved higher again.

In addition, news surfaced that Spain’s non-performing loans as a percentage of total lending had jumped to 8.1% in February. This was the highest level since 1994 and well removed from levels of 1% back in 2007.

This negative European news was enough to set spread betting markets on the back foot and they never really recovered. Particularly with Intel and IBM disappointing with their forward outlook statements.

Yesterday we also saw the BoE meeting minutes revealing a softening in the push for further quantitative easing.

The members of the committee seemed to acknowledge it was still a possibility that the UK could slip into recession in the first half of the year. However, the more pressing concern appeared to be that inflation might push higher at a faster-than-expected rate.

As a result of this we saw Adam Posen, who has been seen as one of the ultra doves on the BoE board, ending his push for further stimulus.

This had an immediate impact on the FX spread betting and bond markets, with the sterling / dollar rate firming and gilt yields also edging higher.

Looking ahead to today’s session, it’s all about another Spanish bond auction.

The Spanish treasury will issue as much as €2.5bn in two and ten-year bonds, with demand levels and clearing yields sure to be a key determinant of sentiment over the course of the session.

Ahead of the European open we’re calling the UK 100 to open +13 at 5758, the DAX -2 at 6730 and the CAC -6 at 3234.

 
Contracts for differences (“CFD”) trading and spread betting carries a high level of risk to your capital with the possibility of losing more than your initial investment and may not be suitable for all investors. Ensure you fully understand the risks involved and seek independent advice if necessary.
 
Market Commentary by IG Index.
 
This material should not be construed in any circumstances as a recommendation or offer to sell or recommendation or solicitation of any offer to buy any security or other financial instrument by IG Index or Online-Spread-Betting.com, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action. The material is not a personal recommendation and you should seek independent advice as to your suitability to speculate in any related markets..
 
IG Index is a spread betting provider and is authorised and regulated by the Financial Services Authority, register number 114059.

Commodities and commodity currencies are on the back foot this morning with the Australian dollar singled out for punishment.

The AUD/USD is down 0.63%, with the AUD/JPY off by 0.50%.

The NZD/USD is not far behind, dropping 0.51% so far this morning.

The movements so far seem to be down to a lack of good news, than a lack of any particularly bad news.

The gold spread betting is also struggling with the general commodity slump this morning as the precious metal drops 0.55%.

Other trading movements to note is the relative strength of the euro, with the EUR/GBP up 0.09% this morning.

Trading Today

The main economic items of note today start with UK inflation figures at 09.30. CPI is expected to drop to 3.4% and RPI to 2.4%. These increases would be the smallest since early 2010.

UK CBI Industrial Order Expectations follow at 11.00.

At 12.30 we have US building permits and housing starts.

Treasuring secretary Geithner is due to speak at 14.00 with Fed chairman Bernanke speaking at 16.45.

AUD/JPY Trading Idea

The AUD/JPY has been on a great run of late, but the pullbacks continue to be shallow aside from the early March reversal.

A move higher from here would be the path of least resistance, but there any down moves, if they come could be significant.

A way to trade this might be an IN/OUT trade skewed to the downside.

A HIGHER trade on the AUD/JPY predicting that the pair closes outside of either 88.25 or 87.00 could return 135%.

Editor’s note: If you lose a financial fixed odds trade you lose 100% of your stake.

This is presented as an idea to stimulate fixed odds financial betting ideas and is not financial advice.

The Markets Yesterday Afternoon

There was a ‘risk on’ tone to yesterday’s trading, with US spread betting index markets powering to their highest levels since June 2008.

Apple’s announcement of a share buy back scheme certainly helped the general enthusiasm.

On forex spread betting markets, Italian bond yields helped ease the pressure, with 10 year yields hitting nine month lows.

The dollar index slumped as the bulls took control, helping to push the EUR/USD higher by over 0.5%.

The yen also reversed early strength, helping to push the likes of the GBP/JPY to new highs.

 
Before trading with spread betting, CFDs or financial fixed odds ensure you only speculate with money that you can afford to lose and that you fully understand the risks involved. These products may not be suitable for all investors, seek independent financial advice where necessary.

Note that spread betting and CFD trading carry a high level of risk to your capital and you can lose more than your initial investment.

The Financial Fixed Odds update by David Evans, Market Analyst, BetOnMarkets.

This website content does not constitute investment advice. No individual contributor, contributing company, BetOnMarkets nor Online-Spread-Betting.com accept any responsibility for any use that may be made of the content.
 

EU stocks continued to recover from Tuesday’s sharp losses on rising optimism that Greece will be able to secure a high participation rate in its bond swap with private debt holders.

Meanwhile, yesterday’s strong US ADP employment report has also helped to boost expectations that tomorrows all important US non-farm payrolls may please the spread betting market.

The FTSE 100 rallied 1% to trade above 5850 in early trade as investors bought into heavyweight mining and banking stocks. At the same time, similar gains were seen in German and French stock markets, with the DAX and CAC both rallying 1.7% as a result.

We have seen European indices firmly bounce back from Tuesday’s aggressive selling and this breeds confidence that investors continue to use any stock market weaknesses as buying opportunities.

Financial spread betting investor optimism that Greece will get the high participation rate of the PSI it requires in its bond swap, to help cut its privately held debt burden, has increased over the past 48 hours.

Major banks and pension funds recently announced their intentions to subscribe to the swap.

Market speculation exists that there is a current 70%+ participation rate and this number is likely to increase throughout the day.

This increase in optimism has helped to entice investors to buy into stocks with a higher appetite for risk. However, there is now speculation that we may have to wait until tomorrow morning for Greece to release the full participation rate, as opposed to this evening.

Despite this optimism, history has shown over the past two years, including this week, that nothing is easy when it comes to Greece and its attempts to cut its debt burden.

So in this sense, despite momentum now seeming to convince the debt swap should proceed well, traders are keeping their eyes open for any surprises.

Later in the session the BoE and ECB will announce their respective interest rate decisions, with no movement expected in either.

The Bank of England is expected to maintain rates at 0.5% at 12 noon today, which would mark a three year anniversary to which the UK Central Bank first cut UK rates to 0.5% back in March 2009.

No movement is expected in asset purchases either, which could make the noon decision a bit of a damp squib.

The European Central Bank rate decision may be equally uninspiring, but traders will certainly watch the press conference that follows with President Mario Draghi to hear of any more liquidity support for European banks following the second LTRO.

Eyes are also starting to turn towards tomorrows US jobs report, which will give the market another chance to gauge the seeming recovery of the UK labour market after consecutive monthly declines in the unemployment rate and better than expected payroll figures.

Yesterdays US ADP employment change report came in slightly better than expected, and this has boosted some optimism that Friday’s jobs report may also come in strong, with current expectations for a rise of 210,000 non-farm payrolls.

Contracts for differences (“CFD”) trading and spread betting carries a high level of risk to your capital with the possibility of losing more than your initial investment and may not be suitable for all investors. Ensure you fully understand the risks involved and seek independent advice if necessary.

Market Commentary by Joshua Raymond, Market Strategist, City Index.

This material should not be construed in any circumstances as a recommendation or offer to sell or recommendation or solicitation of any offer to buy any security or other financial instrument by City Index Limited (“City Index”) or Online-Spread-Betting.com, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action. The material is not a personal recommendation and you should seek independent advice as to your suitability to speculate in any related markets..

City Index is a spread betting and CFD provider and is authorised and regulated by the Financial Services Authority (no. 113942) whose head and registered office is Park House, 16 Finsbury Circus, London EC2M 7EB (Registered in England and Wales, no. 1761813).

This morning, FX spread betting markets appear to be cautiously optimistic despite analysts continuing to unpick the Greek debt detail even before the ink is dry.

The euro is showing some relative strength, especially the EUR/JPY which is up 0.67% in early trading.

This move comes primarily on the back of the yen’s continued slump, with February showing a remarkable rally for the USD/JPY from 76.0 up to 80.0.

Other yen pairs are following suit with the AUD/JPY up 0.51% and the GBP/JPY up 0.54%.

Trading Today

This morning we have a host of European manufacturing and services data with French and German data disappointing so far. European wide Flash data is due at 09.00.

The minutes from the last MPC meeting are released at 09.30.

At 15.00 we have US existing home sales.

AUD/JPY Trading Idea

The AUD/JPY has been riding the yen’s slump since the start of February and after Tuesday’s dip, there could be more upside ahead.

A way to trade this might be a HIGHER trade predicting that the AUD/JPY closes above 85.75 in 5 days time for a potential return of 144%.

Editor’s note: If you lose a financial fixed odds trade you lose 100% of your stake.

This is presented as an idea to stimulate fixed odds financial betting ideas and is not financial advice.

The Markets Yesterday Afternoon

Yesterday afternoon the Dow Jones passed 13,000 briefly for the first time since 2008.

However, away from this milestone, it was a decidedly mixed days trading.

The euro made little progress through the day as analysts unpicked the latest Greek bailout, with many already predicting the need for another one soon.

The big mover was gold, which pushed higher by over 1.3%.

 
Before trading with spread betting, CFDs or financial fixed odds ensure you only speculate with money that you can afford to lose and that you fully understand the risks involved. These products may not be suitable for all investors, seek independent financial advice where necessary.

Note that spread betting and CFD trading carry a high level of risk to your capital and you can lose more than your initial investment.

The Financial Fixed Odds update by David Evans, Market Analyst, BetOnMarkets.

This website content does not constitute investment advice. No individual contributor, contributing company, BetOnMarkets nor Online-Spread-Betting.com accept any responsibility for any use that may be made of the content.
 

This morning spread betting markets are extending their recent 2012 rally after Chinese authorities opted to pump more money into the economy and Greece inched closer to a resolution.

The FTSE 100 is up over 0.50% in early trading with US index futures up by around 0.2%.

The main ‘risk on‘ currencies are leading the rally with the NZD/USD up 0.87% and the AUD/USD up 0.49%.

The euro is also pushing higher with the EUR/USD up 0.41% and the EUR/GBP up 0.20%.

The USD/JPY‘s rally is showing signs of slowing this morning with the USD/JPY down by 0.10%.

Trading Today

There’s no meaningful economic data due out today and volatility could be extra light due to the US Bank Holiday.

USD/JPY Trading Idea

The USD/JPY has been on strong rally lately as the yen backs off. The pair has been as high as 79.80 this morning, a level that has previously acted as a support point.

Previous support can often act as resistance, so if the current USD/JPY run is to stop, here is a good a place as any.

A way to trade this might be a LOWER trade predicting that the USD/JPY closes below 79.25 in 3 days time for a potential return of 107%.

This is presented as an idea to stimulate fixed odds financial betting ideas and is not financial advice.

Editor’s note: If you lose a financial fixed odds trade you lose 100% of your stake.

The Markets Friday Afternoon

It was a mixed day’s trading on Friday with the main theme being the continued weakness shown by the Japanese yen.

 
Before trading with spread betting, CFDs or financial fixed odds ensure you only speculate with money that you can afford to lose and that you fully understand the risks involved. These products may not be suitable for all investors, seek independent financial advice where necessary.

Note that spread betting and CFD trading carry a high level of risk to your capital and you can lose more than your initial investment.

The Financial Fixed Odds update by David Evans, Market Analyst, BetOnMarkets.

This website content does not constitute investment advice. No individual contributor, contributing company, BetOnMarkets nor Online-Spread-Betting.com accept any responsibility for any use that may be made of the content.
 

This morning markets are showing impressive resilience in the face of ongoing Greek difficulties.

The Dow Jones spread betting index closed up nearly 1% higher last night as traders chose to focus more on the better than expected US economic data.

In FX spread betting, this optimism is good news for the commodity currencies of the Aussie and Kiwi dollar, especially against the yen which continues to weaken. The NZD/USD is up 0.35% with the AUD/JPY extending its up trend, up 0.35%.

The USD/JPY is up another 0.25%, its highest level since August last year. The weakness is helping extend the trends of other yen pairs such as the GBP/JPY.

Trading Today

Coming up today we have UK retail sales at 09.30 with a slowdown expected.

Canadian core CPI and leading index follow at 13.30.

US CPI and Core CPI are released at the same time.

NZD/USD Trading Idea

The normally trend following NZD/USD remains stubbornly range bound, as do many other dollar pairs.

It’s not hard to see why, with Greek worries cancelling out better than expected economic data. This also may present an opportunity.

If either of these situations ease in the short term, the Kiwi could resume its previous trend following characteristics.

We’ve already had two false breakouts so the third push through the range could be meaningful.

A way to trade this might be an IN/OUT trade predicting that the NZD/USD closes outside of either 0.8200 or 0.8400 in 3 days time (Monday 20th) for a potential return of 221%.

Editor’s note: If you lose a financial fixed odds trade you lose 100% of your stake.

This is presented as an idea to stimulate your own trading ideas and is not financial advice.

The Markets Yesterday Afternoon

Yesterday afternoon, markets rallied on the back of stronger than expected US economic data.

Unemployment claims Core PPI and the Philly Fed Manufacturing Index all came in above expectations.

As the dollar had been popular as a ‘safe haven’ trade, the good news caused the Greenback to fall.

The biggest dollar gainers were the GBP/USD which was up 0.61% and the AUD/USD which was up 0.54%.

The USD/CAD was back below parity, down 0.32% on the day.

The yen continued to fall back, with the USD/JPY rallying another 0.64%. This helped push the GBP/JPY higher by 1.20%.

The euro continued to lag though with the Greek saga still running in the background. The EUR/GBP was down 0.30% on the day.

 
Before trading with spread betting, CFDs or financial fixed odds ensure you only speculate with money that you can afford to lose and that you fully understand the risks involved. These products may not be suitable for all investors, seek independent financial advice where necessary.

Note that spread betting and CFD trading carry a high level of risk to your capital and you can lose more than your initial investment.

The Financial Fixed Odds update by David Evans, Market Analyst, BetOnMarkets.

This website content does not constitute investment advice. No individual contributor, contributing company, BetOnMarkets nor Online-Spread-Betting.com accept any responsibility for any use that may be made of the content.
 

This morning spread betting markets are trading lower on news that the second Greek bailout may be delayed until March 2nd.

According to the FT, European officials are sceptical about Greece’s willingness or ability to meet the conditions of such a bailout.

On the other side, Greek leaders are increasingly pushing back against what they see as outside interference.

US stock market futures are down 0.40% with European markets expected to open lower by a similar margin.

The euro is down for the fifth day in a row, with the EUR/USD off by 0.35% and testing the 1.3000 level.

The EUR/GBP is off by 0.31% as the pound shows relative strength.

The biggest faller is the NZD/USD which is off by 0.64% in early trading. The Aussie is faring better after better than expected employment data.

The yen has continued to weaken with the USD/JPY trading at what would be its highest closing level since August.

Trading Today

Coming up today we have a number of US economic data points released at 13.30 including US building permits, PPI and unemployment claims.

At 14.00 Fed chair Ben Bernanke speaks, while at 15.00 we have the Philly Fed Manufacturing Index.

EUR/GBP Trading Idea

Many are sceptical of the long term viability of Greece remaining in the euro in the medium-term, and rightly so.

However, in the short term, things are a lot more difficult to predict. One confident or reassuring headline from European or Chinese leaders can be enough to bring significant short term relief.

The EUR/GBP has been beaten up over the last two days, but the British economy itself is no bed of roses.

The EUR/GBP has been more likely than not to rebound in such situations. So, although there is a risk of further downside, there is a fair chance of a rebound here.

It’s an example of where fixed odds trading can be extremely useful. If the euro plunges to the abyss, the risk is limited.

A HIGHER trade predicting that the EUR/GBP will close above 0.8325 in 1 days time could return 166%.

Editor’s note: If you lose a financial fixed odds trade you lose 100% of your stake.

 
Before trading with spread betting, CFDs or financial fixed odds ensure you only speculate with money that you can afford to lose and that you fully understand the risks involved. These products may not be suitable for all investors, seek independent financial advice where necessary.

Note that spread betting and CFD trading carry a high level of risk to your capital and you can lose more than your initial investment.

The Financial Fixed Odds update by David Evans, Market Analyst, BetOnMarkets.

This website content does not constitute investment advice. No individual contributor, contributing company, BetOnMarkets nor Online-Spread-Betting.com accept any responsibility for any use that may be made of the content.
 

This morning markets are being buffeted by cross winds.

One big positive has been the better than expected Chinese Manufacturing PMI.

The negatives include worse than expected Australian house price figures and the not entirely surprising news that the Greek bailout negotiations are dragging on.

In forex spread betting, the New Zealand dollar has been hardest hit with the NZD/USD down 0.20%, though the pair is well off the morning lows.

The pound and euro are both down around 0.15% against the US dollar and around 0.2% against the yen.

Trading Today

Coming up today we have UK Manufacturing PMI due at 09.30 with a small drop expected.

At 13.15 we have the month’s first major announcement with US ADP Payrolls expected to show a decrease on last month.

ISM manufacturing PMI follows at 15.00 with an increased expected.

EUR/USD Trading Idea

The medium and long term prognosis for the euro is still murky, but on a pure technical basis, the EUR/USD could be ready for a bounce here after two days of pressure.

Through 2011, the EUR/USD a pair to trade pullbacks and today could present such an opportunity.

A HIGHER trade predicting that the EUR/USD closes above 1.3125 in 1 days time could return 140%.

Editor’s note: If you lose a financial fixed odds trade you lose 100% of your stake.

The Markets Yesterday Afternoon

The euro lagged far behind its peers yesterday with the distance increasing through the afternoon session.

The main catalyst had been the lack of progress from Greece and a stubbornly high European unemployment rate.

The EUR/USD was down 0.61%, but the EUR/GBP showed the relative weakness best, down 0.86%.

US data was little better, with the main US house price index, Chicago PMI and CB Consumer confidence all falling more than expected.

This was actually good news for the US dollar which moved off the day’s lows. The USD/CAD rose above parity once again while in gold spread betting, the precious metal lost $15 from the day’s highs.

The NZD/USD held up well though, up 0.80% on the day.

 
Before trading with spread betting, CFDs or financial fixed odds ensure you only speculate with money that you can afford to lose and that you fully understand the risks involved. These products may not be suitable for all investors, seek independent financial advice where necessary.

Note that spread betting and CFD trading carry a high level of risk to your capital and you can lose more than your initial investment.

The Financial Fixed Odds update by David Evans, Market Analyst, BetOnMarkets.

This website content does not constitute investment advice. No individual contributor, contributing company, BetOnMarkets nor Online-Spread-Betting.com accept any responsibility for any use that may be made of the content.
 

This morning traders are taking heart from the relatively peaceful European summit with legally binding agreements over national budgets.

Benefit of the doubt is also being given to Greece as its PM provided strong hints that a debt deal is imminent.

This no doubt provides much frustration to the army of hedge fund managers who have been betting on the euro’s demise. The EUR/USD is now well above the January lows and up 0.32% today.

The biggest gainers this morning have been the commodity currencies, with the NZD/USD leading the pack at +0.90% and the AUD/USD not far behind at +0.60%. The Canadian dollar is lagging slightly, but it first has to overcome the tricky parity (1.0000) level.

The yen continues to out perform, putting further pressure on the US dollar.

This is helping gold spread betting markets push to new 2012 highs, with the precious metal up 0.82% on the day.

Trading Today

Coming up today we have a raft of Economic data points, starting with UK net lending to individuals at 09.30.

The European unemployment rate follows at 10.00.

Canadian GDP arrives at 13.30 with a slight increase of 0.2% on the cards.

US S&P Case-Schiller house prices are released at 14.00 with Chicago PMI due at 14.45.

CB consumer confidence numbers follow at 15.00.

Gold Trading Idea

Gold has enjoyed a strong 2012 thus far, lifting strongly off the late 2011 lows to rally nearly $200 in around 30 days. Although nowhere near the 2011 highs, gold is approaching the point where it has moved to far too quickly. If its not there right now it may not be too far off.

A way to trade this might be a LOWER trade predicting that gold closes below $1725 in 7 days time for a potential return of 159%.

Editor’s note: If you lose a financial fixed odds trade you lose 100% of your stake.

The Markets Yesterday Afternoon

Throughout yesterday, the euro was under increasing pressure as markets lost patience with talk of a Greek deal being ‘just around the corner’.

The debate revolves around how much sovereignty Greece is willing to cede and how much trust ‘core’ nations such as Germany have in Greece to handle any bailouts prudently.

With Greece being seen as a potential bottomless pit, Germany does not want to see money go down the drain, while at the same time the Greek population and politicians are not ready to cede control of their finances.

As Thomson Reuter’s Michael Cartine aptly put it: “We get into a political battle over how committed Germany/core states are to the euro and how committed peripheral/weaker states are to staying in the euro.”

Arguably we are now getting to the crux of the structural weakness in the euro itself.

Greece is an individual nation state within Europe with control over its own finances, yet a successful resolution of this crisis will surely see Greece and other nations cede more sovereign control to a central European government.

Either that or Greece decides that it values its sovereignty over membership of the Eurozone. Increasingly it seems that the middle road course of muddling through or passing debt around just isn’t working.

The EUR/USD was down 0.70% on the day with the EUR/GBP showing the euro’s relative weakness, down 0.41%.

The yen was in demand again with the USD/JPY dropping to its lowest levels since October and the EUR/JPY down over 1%.

The Canadian dollar enjoyed some relative strength in the afternoon session though after ratings agencies gave its banks the nod over Australian.

 
Before trading with spread betting, CFDs or financial fixed odds ensure you only speculate with money that you can afford to lose and that you fully understand the risks involved. These products may not be suitable for all investors, seek independent financial advice where necessary.

Note that spread betting and CFD trading carry a high level of risk to your capital and you can lose more than your initial investment.

The Financial Fixed Odds update by David Evans, Market Analyst, BetOnMarkets.

This website content does not constitute investment advice. No individual contributor, contributing company, BetOnMarkets nor Online-Spread-Betting.com accept any responsibility for any use that may be made of the content.