Dow recovers from weak start - Market Update, 7th July 2011

2011-07-07 17

Visit http://www.cityindex.co.uk/learn-to-trade/ for more trading insights, seminars and webinars from spread betting and CFD trading provider City Index. Here, Elisabeth Paetow brings you the key activity shaping the markets on 7th July. Headlines include:

• The Dow recovered from a weak start yesterday after disappointing service sector figures.

• The FTSE opened up this morning, with Man Group leading the way up 3% after an excellent trading update.

• It’s a busy day for economic data. At 9.30am (UK time) UK manufacturing figures will be released, followed by the MPC interest-rate decision at 12noon.

• At 1.30pm (UK time) keep an eye out for US weekly unemployment claims figures.

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