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Is the UK Index Rally Sustainable? (Accendo Quote)

Morningstar – 10 Aug 2012 http://www.morningstar.co.uk/uk/news/articles/107696/Is-the-UK Index -Rally-Sustainable.aspx

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UK 100 storms ahead after being flat all day!

Rumors are circulating about a possible RRR cut in China, a form of easier monetary policy. (Twitter) Market Talk of a better than expected Chinese Q1 GDP figure out overnight (3am UK time), suggestions of a figure around 9% vs 8.4% forecasted (Squawk Box and Twitter) US policy makers have indicated interest rates will remain…

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Dow Jones trades down 180 points

The Dow Jones has slumped 180 points to trade around 12,755 this evening as traders mull over a possible Spanish default and the slowing pace of the US recovery.

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UK 100 trading at year lows of 5,568

CFDs and Spread Betting with Accendo Markets

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UK Index flat as $90bn Glencore deal agreed The UK 100 was flat as further delays to Greek debt restructuring created more confidence sapping uncertainty – but the talk of the market was the agreed $90bn (£56bn) merger of Glencore and Xstrata. After rejecting a newly proposed bailout deal which demands stricter labour reforms and other austerity steps, Greek leaders will meet again today in a last ditch effort to avoid defaulting. The full package must be approved by the Eurozone, the European Central Bank and the International Monetary Fund before 15 February in order to complete all the legal procedures for a bond swap deal and save the country from the economic abyss. European shares fell this morning despite being on six-month highs. They were mainly weighed down by weak updates from the likes of UBS. The Swiss bank fell 1.1% as it posted a quarterly profit at the bottom end of expectations amid uncertainty around the Eurozone.

UK Index flat as $90bn Glencore deal agreed The UK 100 was flat as further delays to Greek debt restructuring created more confidence sapping uncertainty – but the talk of the market was the agreed $90bn (£56bn) merger of Glencore and Xstrata. After rejecting a newly proposed bailout deal which demands stricter labour reforms and…

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WINNER 2012: The ‘City of London Wealth Management Awards’. Best Execution-only CFDs.

Dear Reader, Accendo Markets is proud to announce that it picked up the award for ‘Best Execution-only CFD Provider 2012’ at last night’s City of London awards. Thank you all for your continued support which helps us to develop our service. Kind Regards The Accendo Markets Research Team

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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when spread betting and/or trading 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.

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