Visit http://www.cityindex.co.uk/spread-betting/ for the latest spread betting insights and information. Here, Chris Nelson-Smith brings you spread betting and CFD trading market news from the floor of City Index on 18th May 2011. Headlines include:
- The FTSE has opened stronger this morning after sharp falls yesterday. This followed strength in Asia overnight and a late rally from the Dow.
- So far, the FTSE 100 is up 57 points at 5918. Dow futures at up 42 points at 12479; the DAX is up 66 points at 7322 and the CAC is at 3978, up 38 points.
- Commodity prices also pushed higher in Asian trade today.
- Stocks to watch out for today include Land Securities, which announced full-year results, ICAP, which also announces full-year results and Compass Group, which announces results for the first-half of the year.
Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.
