Visit http://www.cityindex.co.uk/spread-betting/ to learn more about spread betting on the financial markets. Here, City Index’s Ben Cooper brings you the insights and news activity shaping spread betting and CFD trading at the midway point of the week beginning 11th April 2011. Headlines:
-The FTSE 100 started the week at 6055, closing down two points at 6053 on Monday. Barclays and RBS were the top gainers of the day. Also on Monday, the Independent Commission on Banking (ICB) delivered its report.
- On Tuesday the FTSE closed down 89 points at 5964. Miners led the sell off with Fresnillo, Antofagasta and Kazakhmys slumping around 5% each. The UK CPI report, released on Tuesday, showed CPI coming in lower than expected at 4%.
Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.
