Spreadex Market Update

Hard to justify selling risk?



The general feeling in the market currently is that participants are finding it hard to justify selling risk. 

The macroeconomic and fundamental health of financial markets remains stable, as data points from developed economies continue to surprise to the upside and companies this earnings season have managed to refrain disappointing as much as some had thought. Falling yields on peripheral Eurozone debt have joined the party, too.

European benchmarks will be watched closely this morning to determine whether sentiment holds ahead of significant news flows due out later today. The EU economic summit joins U.K. retail sales, Spanish 10yr auction, U.S.

unemployment claims and manufacturing data. Traders are potentially buyers of volatility given the data-heavy session and will look to position in line with any significant prevailing bias.

We’re seeing the dollar unchanged so far today, with risk appetite remaining the determining factor as to whether euros outperform dollars.

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.