Spread Betting Market Update - 9th May 2011

cityindex 2011-05-09

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Visit http://www.cityindex.co.uk/spread-betting/ for the latest spread betting information. Watch the latest EU market news from the floor of City Index with Ben Cooper as he brings you the financial news activity surrounding the spread betting and CFD trading markets on 9th May 2011.

Headlines:

- Commodities could be key to the market movement this week.

- Silver fell 27.4% to $35.28 per troy ounce last week, while US crude oil fell 14.7% to $97.18 per barrel.

- Results are due today from Centrica, HSBC and Inmarsat.

- Later this week, keep an eye out for the BoE’s inflation report in the UK and Producer Price Index and Consumer Price Index data in the US.

Use the City Index economic calendar and companies reporting diary for a comprehensive schedule. Visit http://www.cityindex.co.uk/market-analysis/ to find out more.

Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

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