Go to http://www.cityindex.co.uk/spread-betting/ for the latest spread betting insights. Here, City Index's Edward Dewhirst brings you a one minute summary of the financial news surrounding the spread betting and CFD trading markets on 11th May 2011. Headlines include:
- The markets saw a positive day yesterday, with the FTSE up 76 points & the Dow up 75 points.
- In the UK, the FTSE is struggling this morning, falling 17 points at 6001 so far.
- Again, trading has been fairly quiet today as traders await the BofE's quarterly inflation report at 10.30am. Investors will be looking for an indication on future interest-rate decisions.
- ITV has been the biggest faller of the day so far, falling 5.5% after a fall in advertising revenues & a downgrade from Investec.
- Whitbread & Morrison's are both down 2.5% as well.
Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.
