Spreadex Market Update

10.07.12 Tuesday Morning



Doubts over the ability of European ministers to make further progress on the regions debt crisis a long with continued uncertainty regarding the global economic outlook caused a very much subdued start to the trading week. Spanish yields is still a pressing concern for the region as Europe gives them an extra year to cut their deficit, however no bailout for Spain has yet to be confirmed. Italian debt is also creeping higher, reaching 6.1% yesterday causing investors to continue to seek the safety of German and US sovereign debt. Over in Asia Japans recovery seems to be fading as Japanese machinery orders tumbled to 14.8% in May, the lowest level in two years. A bit closer to home, M&S Q1 group sales fell by 0.7% causing a shakeup of key executives in the firm as the British retail sector continues to struggle.

So with a pretty bleak start the week, spread betting investors will be looking for strong Manufacturing figures in the UK and Europe to help try and turn the current negative sentiment around.

SEARCH FOR AN ARTICLE:

Enter a keyword and search for all relevant articles

MARKET ANALYSIS

RECENT POSTS

Weekly Trading Update

Trading Week Ahead

Read More

Financial Trading Blog

Yen Resumes Weakening Despite BOJ Intervention

Read More

Daily Market Update

10.05.24 Friday Morning

Equities The FTSE 100 continued its ascent, reaching record highs for a fourth consecutive session after the Bank of...

Read More

Economic Diary

10.05.24

Read More

Financial Trading Blog

UK Bank Stocks Surge Double Digits

Read More

Daily Market Update

09.05.24 Thursday Morning

Equities The FTSE 100 hit a new record high, climbing 0.5% to close at 20,491.99 points. This uplift in the UK's...

Read More

DISCLAIMER


Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investors lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. For professional clients, spread betting and CFD trading can also result in losses larger than your initial stake or deposit.

Spreadex Ltd is authorised and regulated by the Financial Conduct Authority, provides an execution only service and does not provide advice in any way. Nothing within this update should be deemed to constitute the provision of investment advice, recommendations, any other professional advice in any way, or a record of our trading prices. This update does not constitute or form part of an offer of, or solicitation for a transaction in any financial instrument, nor shall it or the fact of its distribution form the basis of, or be relied on in connection with, any contract therefore. Any persons placing trades based on their interpretation of the comments or information within this update does so entirely at their own risk.

No representation, warranty, or undertaking, express or limited, is given as to the accuracy or completeness of the information or opinions contained within this update by Spreadex Ltd or any of its employees and no liability is accepted by such persons for the accuracy or completeness of any such information or opinions. As such, no reliance may be placed for any purpose on the information and opinions contained within this update.

The information contained within this update is the intellectual property of Spreadex Ltd and is protected by UK and International copyright laws. All rights reserved. Users may however freely download, distribute and reproduce extracts of the contents, subject always to accrediting Spreadex Ltd as the source and providing a hyperlink to www.spreadex.com.