Financial spread betting update 13th December 2010

This week’s financial spread betting update is now available and can be read by clicking here.

In early trading this morning we have seen the stock markets move higher, continuing from where they left off last week. Commodities are also on the move higher again but the dollar is mixed. Interest rate futures have moved lower in early trading and are now down to multi month lows and are currently looking weak.

This week’s financial spread betting update begins with:

The past week has seen a breakout to new highs for the stock markets but has seen mostly sideways action in the forex markets and commodities have been mixed. The long term trends remain bullish for stock indexes and commodities and bearish for the US dollar. The past week has also seen further weakness in the interest rate futures sector and these markets are now trending lower..

Good trading

Phil Seaton

 

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