Financial Stocks Indexes
Financial Stocks Indexes
FTSE treads water as positive Financial stocks counter weaker Miners – Financial Spread Betting Update
In his daily EU market update for 15th February, Sean Power of financial spread betting provider City Index (http://www.cityindex.co.uk/) takes a look at financial activity includinga static start for the FTSE.
“The FTSE remained relatively unchanged in early trading Tuesday morning due to strength in financial stocks being countered by weakness in the mining sector.
At 9:30am GMT the FTSE was trading +4 points at 6064 with good numbers from Barclays seemingly fending off lower mining prices following overnight Chinese inflation data.
Barclays, the British banking stalwart, provided investors with reason to celebrate this morning as it released results showing net profit rose by 36%. Barcap, the group’s investment banking arm, also confirmed a 94% increase in pre-tax profit. Bob Diamond, Barclays CEO, however did add a note of caution stating that tougher regulations may hinder future returns and the group will look to streamline operations. At 9.40 GMT Barclays was trading +8.85p at 319.45p (+2.8%), with a high early in the session of 320.6p. The positive results also helped to buoy sector stable mates as Lloyds traded up +2.4% with RBS up around 0.75%
UK mining stocks weighed heavily on the FTSE in early trading as China confirmed that inflation accelerated in January, giving investors more reason to anticipate another bout of Chinese tightening. Consumer prices rose 4.9% in January from a year earlier, following a 4.6% rise in December. With seemingly no let up in inflationary pressure, investors are beginning to position themselves for future Chinese rate hikes and have begun to unwind long positions in mining stocks, even ahead of ‘better-than-expected’ results due out from BHP Billiton tomorrow morning. Shortly after 9.30 GMT the UK mining sector was trading down -1.8%, with Antofagasta (-3.2%), Kazakhmys (-2.6%) and Xstrata (-2.4%) leading the way; closely followed by larger than 1% losses for most sector constituents.
Also helping to peg back equity markets were earlier GDP numbers from France and Germany. German GDP grew less than forecast for the fourth quarter at +0.4% (expected at +0.5%), with French GDP confirmed at +0.3% (expected at +0.6%). At 9.30am GMT the DAX was trading +14 points at 7411 with the CAC 40 at 4110, +13 points.
With inline UK inflation data released at 9.30 GMT, and with the current battle between financial and mining stocks, it appears that the market will not be attempting any move of conviction before being given direction from the US market. Investors may anticipate a tight trading range ahead of US macro data, due out at 1.30pm GMT this afternoon.”
Learn more about analysing the financial spread betting markets at http://www.cityindex.co.uk/spread-betting/.
Hong Kong Stock Index Recovers After Volatility
|
|
Stock exchange Photo Mugs Stock exchange. …. |
|
|
Stock exchange Photo Mugs Stock exchange. …. |
|
|
How to Call the Top in a Stock and Earn 9-11% Annualized Cash Yields Doing It with lecturer Dan Ferris:Expert in Commodities and Energy $19.77 Hear how the best trading opportunities literally scream from newspaper headlines and corporate announcements. Mergers, acquisitions, spin-offs, liquidations, and other corporate “events” do more to teach us of true value than all of the research and modeling combined. This presentation asks the viewers to consider themselves from the humble positions of “OPMI’s”… Outside, Passive, Minority, Inv… |
|
|
news! Card 5 x 7 inch premium quality folded paper greeting card. Business greeting cards for clients and employees are available at Greeting Card Universe. Make the occasion a memorable one by sending a custom Business greeting card. Turn to Greeting Card Universe for all your Business greeting card needs. This paper card includes the following themes: news, newspaper, and financial pages. Financial Service… |
|
|
Photo Jigsaw Puzzle of Stock exchange from Science Photo Library Photo Puzzle, Stock exchange. Stock exchange. . Chosen by Science Photo Library. 10×14 Photo Puzzle with 252 pieces. Packed in black cardboard box of dimensions 5 5/8 x 7 5/8 x 1 1/5. Puzzle image 5×7 affixed to box top. Puzzle pieces printed on RA4 paper at 300 dpi. This item is shipped from our American lab…. |
|
|
Photo Jigsaw Puzzle of Stock exchange from Science Photo Library Photo Puzzle, Stock exchange. Stock exchange. . Chosen by Science Photo Library. 10×14 Photo Puzzle with 252 pieces. Packed in black cardboard box of dimensions 5 5/8 x 7 5/8 x 1 1/5. Puzzle image 5×7 affixed to box top. Puzzle pieces printed on RA4 paper at 300 dpi. This item is shipped from our American lab…. |
|
|
The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits) $9.95 Investing is all about common sense. Owning a diversified portfolio of stocks and holding it for the long term is a winnerâs game. Trying to beat the stock market is theoretically a zero-sum game (for every winner, there must be a loser), but after the substantial costs of investing are deducted, it becomes a loserâs game. Common sense tells usâand history confirmsâthat the sim… |
|
|
Option Volatility & Pricing: Advanced Trading Strategies and Techniques $32.67 One of the most widely read books among active option traders around the world, Option Volatility & Pricing has been completely updated to reflect the most current developments and trends in option products and trading strategies. Featuring: Pricing models Volatility considerations Basic and advanced trading strategies Risk management techniques And more! Written in a clear, easy-to-understand f… |
|
|
Economics of Money, Banking and Financial Markets, The (9th Edition) $65.00 The Economics of Money, Banking, and Financial Markets set the standard for money and banking courses when it published in its first edition, and it continues to be the worldwide market leader. The historic economic events and financial crises of late 2008 have changed the entire landscape of money and banking. Having just served as Governor of the Federal Reserve, only Mishkin has the unique ins… |
