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Spread Betting Market News
| FTSE 100 continues to outperform other global markets |
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| Written by Sam Coventry | |
| Wednesday, 18 August 2010 09:36 | |
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The FTSE 100 is looking to recover early losses and cement itself as one of the best performing global index over the course of the past month. The FTSE 100 continues to outperform other markets with mining, banking and oil holding steady shrugging off any fears of a slow down and markets in general seem to be trundling down the path of further Quantative Easing measures (in a variety of forms) from Europe and the US. Simon Denham at spread betting firm Capital Spreads says: "‘Old World’ bond and swap markets continue to discount any inflation worries preferring to concentrate on the medium term prospects for the base rate while Gold does the reverse and seems to be concerned about inflation and the attendant effects of ‘printing money’ creating a bull argument for the Precious metals." Asian stocks were mostly higher Wednesday as stronger earnings from US retailers Wal-Mart Stores Inc and Home Depot Inc eased some of the worries about slowing growth in China and elsewhere. A rise in US industrial output in July also helped underpin gains in Asia, but sentiment was guarded amid other evidence the US recovery is stumbling. Japan's benchmark Nikkei 225 stock average gained 78.86 points, or 0.9 percent, to 9,240.54, South Korea's Kospi added 0.4 percent to 1,761.99 and Australia's S&P/ASX 200 was little changed at 4,474.90. Markets in India, Singapore, Indonesia, Malaysia, Thailand and New Zealand also gained. But the Shanghai Composite Index declined 0.1 percent to 2,668.25 and Hong Kong's Hang Seng retreated 0.2 percent to 21,097.18 amid local concerns that Beijing's credit curbs are causing growth to slow too rapidly. "There is a sense of an economic slowdown in China and the market is reacting to it belatedly," said Francis Lun, general manager of Fulbright Securities Ltd. in Hong Kong. Chinese shares gained in previous sessions on hopes that credit curbs would be eased in the wake of weaker economic indicators. |
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| Last Updated on Wednesday, 18 August 2010 09:37 |
Spread Betting Lessons - Cut out the emotion!
Oh, and also a lesson why the Stop Loss is your Friend !
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Spread betting at a glance
- Spread betting is a financial product that allows retail and professional investors access to the widest possible number and types of exchange traded instruments.
- The spread betting company that you trade through is the market maker, the trader does not actually take ownership of any underlying product. Hence, most jurisdictions do not charge stamp duty on any gains.
- The notion that you don't actually own the product ensures spread betting platforms are able to almost instantaneously execute orders on behalf of their client.
- Spread betting is a leverage product, your money is able to realise you impressive gains as your earnings come in multiples of the actual change in the underlying product that you are trading.
- This is of course where spread betting can also go spectacularly wrong. Losses can be huge, therefore we advise those that are spread betting, or are looking to go into spread betting, to enter each trade with a well thought out strategy. This also means setting a pre-determined stop loss so that losses are cut at a manageable level.
- This website is here to offer more insight into this fascinating trading instrument.



