Follow http://www.cityindex.co.uk/market-analysis/ for all the latest market news. Here, Stuart Jackson of spread betting and CFD trading provider City Index brings you the key financial activity shaping trading on 31st May 2011. Headlines include:
- The FTSE has opened up 60 points, with both the DAX and CAC also positive, up over 1% so far this morning.
- The main focus of Investor this week will be on the May US jobs report, due out on Friday,
- Ahead of that data though, we have May Chicago PMI data out at 2.45pm (UK time) today and the latest US consumer confidence data, also scheduled for a 3pm (UK time) release today.
- Elsewhere, Brent crude oil has risen back above $115 a barrel, while gold is trading at $1331 per troy ounce, reaching a near four-week high.
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