The News – 2nd March
Congratulations to Accendo Markets who were recently announced winners of the ‘Best Execution-only CFD provider’ at the City of London Wealth Management awards 2012. Thank you to all those who voted which helps us to constantly improve our service.
Descending triangles are a version of the Symmetrical Triangle. They can be identified by at least 2 lower highs and two horizontal lows. When trendlines are drawn across the highs and below the lows, they converge to form a descending triangle or falling wedge. The pattern is normally considered a continuation of any existing downtrend,…
Why has Spread Betting continued to be one of those most popular forms of trading in recent years? Firstly, it offers you a wider range of markets to invest in from commodities and currencies, to shares and equities and unlike conventional trading, gives you the option to invest in the outcome of a stock rather…
UK 100 called to open +30pts after US markets shrugged off persistent uncertainty regarding Greece and its second bailout & debt restructuring thanks to better than expected US macro data (Jobless ,Philly Fed) suggesting its recovery could be gaining traction. UK 100 reports suggested bailout approval would be reached when Eurozone finance ministers meet on Monday…
UK 100 called to open +10pts after a flat finish in US markets, recovering from losses following poor US retail sales data and after delay of Eurogroup Finance ministers meeting (Greek deal supposed to be rubber-stamped). Sentiment turned around as it emerged Greek politicians may be about to provide commitment to implement letters and may…