Greek Exit Fears See GBP/NZD Rate Rise 2 Cents

CFDs, Finance, Financial Markets, Forex, Industry News, Investing, Personal Finance, Spread Trading, Trading No Responses »
May 182012

The New Zealand dollar lost two cents to sterling in a week that saw the Kiwi and the Aussie dollars extend their retreat from the record highs of February.

The pair actually did worse than the currency that was supposed to be under the cosh; the euro.

Investors’ disenchantment with the euro grew last week after it became increasingly likely that a change of government in Greece would deliver a prime minister determined to undo the bailout commitments promised by his predecessor.

His anti-austerity platform could mean an end to bailout payments from the EU, leading to a sovereign default and expulsion from the euro.

The worry is that disarray for the single currency would mean an economic downturn for Euroland that would have repercussions around the world, further dampening demand for the exports of Australia and New Zealand. For details on trading NZD markets see www.financialspreads.com.

In the forex markets the NZ dollar is now 10% off its February high against sterling and it could have further to fall.

Contracts for Difference Trading and Financial Spread Trading do involve a high level of risk. Investment formats such as these are margined which means that it is possible to lose more than your original stake.

You should always invest using capital that you can afford to lose; before making any trades make sure that you recognise the risk. Be aware that Contracts for Difference Trading and Spread Trading might not always be suitable for your trading strategy; where you think it is necessary obtain independent trading guidance.

Weekly forex review by MoneyCorp.

Posted by Victoria at 3:56 pm

Natural Gas Prices Edge Higher on Tighter Supply

CFDs, Commodities Trading, Finance, Financial Markets, Industry News, Investing, Personal Finance, Spread Trading, Trading No Responses »
May 182012

Gas prices ended higher on Friday for a fifth day, backed by supportive industry data that showed a tighter supply-demand balance despite some early selling as investors took profits ahead of a mild weekend.

Data from the US Energy Information Administration showed total domestic gas inventories rose last week by 30 billion cubic feet to 2.606 trillion cubic feet.

The build for the commodity fell short of the estimate of 34 bcf and came in well below last year’s and the five-year average.

Weekly inventory builds have fallen below average in four of the last five weeks and are likely to do so again this week even as milder spring temperatures slow overall usage.

According to www.cleanfinancial.com, the inventory build sharply trimmed the surplus to last year by 41 bcf to 799 bcf, or 44%. It also sliced 54 bcf from the excess to the five-year average, reducing the total to 803 bcf, or 45%.

Early injection estimates for this week’s EIA report range from 52 to 79 bcf, well below last year’s adjusted build of 86 bcf and the five-year average increase for that week of 91 bcf.

If weekly stock builds through October match the five-year average, inventories would exceed the government’s 4.1 tcf estimate of total storage capacity by about 375 bcf.

The above is a review of the natural gas market for 7 May 2012 – Friday 11 May 2012.

Contracts for Difference Trading and Financial Spread Trading do involve a high level of risk. Investment formats such as these are margined which means that it is possible to lose more than your original stake.

You should always invest using capital that you can afford to lose; before making any trades make sure that you recognise the risk. Be aware that Contracts for Difference Trading and Spread Trading might not always be suitable for your trading strategy; where you think it is necessary obtain independent trading guidance.

Market review by Pip Trade.

Posted by Victoria at 3:23 pm

Strong Japanese GDP Figures Slow Declines in Spread Trading Markets

CFDs, Finance, Financial Markets, Industry News, Investing, Personal Finance, Spread Trading, Stock Market, Trading No Responses »
May 172012

Turmoil continued to plaque global markets this afternoon as an abundance of poor headlines caused traders to shed equities.

This comes as with the realisation that some Eurozone nations are reaching the end of their financial tether cascaded a blanket of fear over global spread trading markets.

Spanish yields also surged as fears over Greece’s financial stability led traders to question the strength of other fragile Eurozone nations.

This was further exacerbated by news showing the European Central Bank is halting its liquidity to some Greek banks.

Nevertheless, a complete catastrophe within global markets was probably averted today by data from Japan showing preliminary GDP was better than expected as well as largely unchanged weekly unemployment claims from the US.

Contracts for Difference Trading and Financial Spread Trading do involve a high level of risk. Investment formats such as these are margined which means that it is possible to lose more than your original stake.

You should always invest using capital that you can afford to lose; before making any trades make sure that you recognise the risk. Be aware that Contracts for Difference Trading and Spread Trading might not always be suitable for your trading strategy; where you think it is necessary obtain independent trading guidance.

Market review by Spreadex.

Posted by Victoria at 2:33 pm

Improving US Housing Data Helps Pullback in Spread Trading Markets

CFDs, Finance, Financial Markets, Industry News, Investing, Personal Finance, Spread Trading, Trading No Responses »
May 162012

Amid the mixed set of news flow today, the overriding influence on the markets seems to be data indicating the residential housing sector in the US is continuing to gradually improve.

The housing market was, until recently, considered a drag on the recovery although it is slowly becoming a solid foundation to push further growth in the States.

EU President Barroso’s comments underscored gains today as he manifested resolve to keep Greece in the Euro and stated EU leaders will meet in June to work on a growth plan for the suffering sovereign.

Any plans for growth do seem rather belated and overdue but the intentions of the EU to spur the Greek economy does give a glimmer of hope.

Moreover, such plans may be compatible with the anti-austerity party Syrizia who could win the majority of votes in the new elections expected early June.

Contracts for Difference Trading and Financial Spread Trading do involve a high level of risk. Investment formats such as these are margined which means that it is possible to lose more than your original stake.

You should always invest using capital that you can afford to lose; before making any trades make sure that you recognise the risk. Be aware that Contracts for Difference Trading and Spread Trading might not always be suitable for your trading strategy; where you think it is necessary obtain independent trading guidance.

Market review by Spreadex.

Posted by Victoria at 5:07 pm

Gold Futures Rise after Weak US Non-Farm Payrolls

CFDs, Commodities Trading, Finance, Financial Markets, Forex, Gold Trading, Industry News, Investing, Personal Finance, Spread Trading, Trading No Responses »
May 122012

A sell-off in commodities got little reprieve on Friday, with oil prices plunging 4% to close below $100 a barrel for the first time since February.

Disappointing US jobs data was the main catalyst sparking a broad flight from risk.

The dollar remained strong for a fifth straight day, making it costlier for buyers using the euro and other currencies to purchase gasoline, copper and other dollar-denominated commodities.

The Labour Department reported that US employers cut back on hiring in April, although the jobless rate itself fell slightly as more people gave up looking for work.

Looking at the Spreadex prices, gold was one of the few markets that rose as some investors viewed the precious metal as a bet against further deterioration in the US economy.

The declining economy creates the opportunity for fresh stimulus measures and weaken the dollar, driving investors into gold.

Gold futures rose on Friday as investors selling crude oil and equities bought the metal after the weak US nonfarm payroll report boosted bullion’s investment appeal.

Bullion still finished down 0.6% for the week.

Gold has dropped $150 from a peak in late February after a strong run of US data cast serious doubts over whether the Federal Reserve would launch a third round of government bond purchases, or quantitative easing.

The above is a review of the commodities market for 30 Apr 12 to 4 May 12.

Contracts for Difference Trading and Financial Spread Trading do involve a high level of risk. Investment formats such as these are margined which means that it is possible to lose more than your original stake.

You should always invest using capital that you can afford to lose; before making any trades make sure that you recognise the risk. Be aware that Contracts for Difference Trading and Spread Trading might not always be suitable for your trading strategy; where you think it is necessary obtain independent trading guidance.

Market review by Pip Trade.

Posted by Victoria at 7:30 am

Spread Trading Investors Wary as JP Morgan Posts Large Losses

CFDs, Finance, Financial Markets, Industry News, Investing, Personal Finance, Spread Trading, Stock Market, Trading No Responses »
May 112012

JP Morgan have roiled the markets by posting a $2bn loss and hinting there could be significant additional losses during the next quarter due to failed trading in synthetic credit securities.

This has dragged down the entire US banking sector with it and permeated to the wider market as investors and spread traders assess the possible systemic risk adding another layer of caution to the fragile trading environment.

When such shocks occur, it is wise to err on the side of caution and consider whether it is a possible ‘tip of the iceberg’ scenario, especially when one contemplates the interconnectedness of the banking system.

Another dampener for equities is China’s CPI and Industrial Production data overnight which is further evidence of the slowdown in the world’s second largest economy.

However, on a positive note, every piece of disappointing data from China increases the likelihood the central bank will announce monetary stimulus.

Contracts for Difference Trading and Financial Spread Trading do involve a high level of risk. Investment formats such as these are margined which means that it is possible to lose more than your original stake.

You should always invest using capital that you can afford to lose; before making any trades make sure that you recognise the risk. Be aware that Contracts for Difference Trading and Spread Trading might not always be suitable for your trading strategy; where you think it is necessary obtain independent trading guidance.

Market review by Spreadex.

Posted by Victoria at 10:33 am

Shares Spread Trading: Good Results See Sainsbury's Stocks Perform Well

CFDs, Finance, Financial Markets, Industry News, Investing, Personal Finance, Spread Trading, Stock Market, Trading No Responses »
May 092012

European markets returned to positive trading this morning, but only just, following a collapse in global markets yesterday as investors dropped equities over fears on Greece’s commitment to its bailout conditions.

Cautiousness over the new French president’s commitment to Germany’s dogmatic ideology of Eurozone austerity did not help markets either.

Sainsbury’s was a strong performer in the FTSE 100 this morning after revealing full-year results which were generally in line with expectations and defying a challenging industry but still teasing investors with a higher than expected full year dividend.
With a lack of global economic data out today all eyes will be on another bond auction due later, although not from the Eurozone.

The US’s 10 year bond auction will be closely watched by markets and any deviations in what many investors regard to be a safe haven investment could drive global markets back into calamity.

Contracts for Difference Trading and Financial Spread Trading do involve a high level of risk. Investment formats such as these are margined which means that it is possible to lose more than your original stake.

You should always invest using capital that you can afford to lose; before making any trades make sure that you recognise the risk. Be aware that Contracts for Difference Trading and Spread Trading might not always be suitable for your trading strategy; where you think it is necessary obtain independent trading guidance.

Market review by Spreadex.

Posted by Victoria at 11:36 am

Poor Chinese Services Data Weakens Equities Spread Trading Markets

Finance, Financial Markets, Investing, Personal Finance, Spread Trading, Trading No Responses »
May 032012

Equities were broadly down overnight due to weak Chinese services data and a rise in New Zealand’s jobless rate although the decline has reversed course in the European session as Societe Generale beat analyst estimations helping lift sentiment in the banking sector.

Attention will switch to Spain’s borrowing costs at its auction for 3 and 5 year bonds this morning and spread trading investors will also be listening carefully to Mario Draghi’s comments on Spain’s financial woes at the press conference later on.

It feels like we are, and have been, in a range bound state for several weeks now.

Sluggish and slowing global growth, impressive US earnings, an uncertain recovery in the US, and poor alternatives for investors to receive satisfactory yields outside the stock markets, are all playing their part and almost creating an equilibrium for equities.

Contracts for Difference Trading and Financial Spread Trading do involve a high level of risk. Investment formats such as these are margined which means that it is possible to lose more than your original stake.

You should always invest using capital that you can afford to lose; before making any trades make sure that you recognise the risk. Be aware that Contracts for Difference Trading and Spread Trading might not always be suitable for your trading strategy; where you think it is necessary obtain independent trading guidance.

Market review by Spreadex.

Posted by Victoria at 10:48 am

Strong US Data to Aid Spread Trading Market Reversal

Finance, Financial Markets, Industry News, Investing, Personal Finance, Spread Trading, Stock Market, Trading No Responses »
Apr 242012

Investors are cautiously dipping their toes back in to the markets despite the ongoing fears pervading through Europe, following yesterday’s bout of political uncertainty in France and the Netherlands.

News of declining demand for manufacturing and services across the Eurozone economies has not helped raise confidence either.

It will be interesting to see if this push upwards can be sustained over the next few days.

At this moment in time with the US opening strongly with some encouraging data including New Home Sales the Richmond Manufacturing index it would appear that it will.

Contracts for Difference Trading and Financial Spread Trading do involve a high level of risk. Investment formats such as these are margined which means that it is possible to lose more than your original stake.

You should always invest using capital that you can afford to lose; before making any trades make sure that you recognise the risk. Be aware that Contracts for Difference Trading and Spread Trading might not always be suitable for your trading strategy; where you think it is necessary obtain independent trading guidance.

Market review by Spreadex.

Posted by Victoria at 4:45 pm

Spread Trading Account Holders Turn Bearish amid Poor European News

Finance, Financial Markets, Investing, Personal Finance, Spread Trading, Stock Market, Trading No Responses »
Apr 232012

Dismay could be a term used to describe global markets this afternoon as a series of poor economic data from the Eurozone exacerbated by news indicating that the Dutch government was close to collapse brought global markets to their knees.

This, coupled with the uncertainty regarding the potential for a new but less Eurozone friendly French president, caused spread trading account holders to flee in the face of uncertainty.

With a lack of significant economic data this afternoon, investors are likely to remain bearish as troubles with agreeing an austerity package within the Dutch government reignites latent memories over the turmoil experienced within global markets following a similar situation in Greece.

Contracts for Difference Trading and Financial Spread Trading do involve a high level of risk. Investment formats such as these are margined which means that it is possible to lose more than your original stake.

You should always invest using capital that you can afford to lose; before making any trades make sure that you recognise the risk. Be aware that Contracts for Difference Trading and Spread Trading might not always be suitable for your trading strategy; where you think it is necessary obtain independent trading guidance.

Market review by Spreadex.

Posted by Victoria at 3:20 pm
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