Spread Betting North American Financial Markets

Forecasting spread bets in financial markets abroad

Forecast accurately the direction in which the stock, equity price or index is headed.


September 05, 2008

Canadian Dollar Advances in Forex Trading

Spread bets and CFDs on currencies
Spread betting and contracts for differences on North American markets should consider that Canada is doing fairly well today. Even as U.S. payroll data spells a grim outlook in the States, Canada is showing something close to the opposite.

In Canada, the payroll data is much more upbeat, with the Canadian economy continuing to add jobs. This news, combined with the bad news out of the U.S., is helping boost the Canadian dollar in forex trading.

Additionally, a weaker dollar will likely mean a boost for commodities, which should also help the Canadian dollar, since it is a commodity currency.


September 04, 2008

U.S. Stock Market Drops on Disappointing Data

Spread betting and contracts for differences on U.S. stocks
Spread bets and CFDs on the U.S. stock market should take into consideration that things are looking somewhat grim right now. Between retailers' earnings expectations and labor market news, confidence in the U.S. economy is once again waning.

Another issue affection the U.S. stock market is a looming Boeing strike. The machinists union is still unhappy with what the company is offering, and are threatening a strike if their demands are met.

Bloomberg reports on pessimism about the U.S. economy and the stock market:


``If you look at the data we have on the U.S. and global economy, things are only getting worse and that leads me to believe that demand is going to slow down and slow down pretty quickly,'' Diane Garnick, a New York-based investment strategist at Invesco Ltd., which manages more than $500 billion, told Bloomberg Radio.

August 29, 2008

U.S. Stock Market Set for Drop

Spread betting and contracts for differences on U.S. stocks
Spread bets and CFDs on the U.S. stock market should consider that there are a couple of factors expected to contribute to a drop today:
  1. The rise in oil prices, due mostly to Gustav.
  2. The latest economic data, showing inflation data and a drop in personal spending.
Confidence is waning in the U.S. stock market, and this should be considered.

August 28, 2008

U.S. Dollar Falters in Forex Trading

Greenback sees trouble in currency trading
Spread bets on the U.S. dollar in forex trading
In North America, the U.S. dollar is faltering in forex trading on the currency market. Even though some believe that a disconnect is growing between oil prices and the greenback in currency trading, that breach hasn't happened yet, and Gustav is driving up oil prices and weighing on the U.S. dollar.

Other issues affecting the U.S. dollar in forex trading include:
  • U.S. economic concerns.
  • U.S.-Russia relations.
  • Rebound by other commodities in trading.

August 27, 2008

Durable Goods Boost U.S. Stocks

Spread bets and CFDs on the U.S. stock market
Spread betting and contracts for differences on U.S. stocks should take into account that they are receiving a bit of a boost today. The U.S. stock market is responding positively to the news that durable goods orders are surging.

Durable goods orders beat expectations, and that is providing some confidence in the U.S. stock market. Bloomberg reports on U.S. stocks today:

``As long as businesses are optimistic, we have a good chance of pulling out of this weak period in the economy in fairly short order,'' said Peter Jankovskis, who helps manage $1.5 billion at OakBrook Investments in Lisle, Illinois. The durable goods data ``was a very strong report, and the market has acted appropriately.''

August 26, 2008

Commodity Companies Lead U.S. Stocks Lower

Spread betting and contracts for differences on the stock market
Spread bets and CFDs on U.S. stocks should consider that they are heading lower this morning. Stock index futures are down, mainly on commodity companies.

However, the fact that another bank failure came to light yesterday isn't helping boost confidence in financials. Additionally, the housing market continues to slump.


August 25, 2008

U.S. Stock Futures Lower Today

Higher oil prices, lingering credit fears affect U.S. stock market
Many thought that the worst of the credit market crisis would be ended by now, but there are rumours that things are only getting worse.
Spread bets and CFDs on the U.S. stock market should consider that there are a couple of things driving U.S. stock futures lower today:
  1. Slightly higher oil prices today.
  2. Continued worries over the credit market.
Many thought that the worst of the credit market crisis would be ended by now, but there are rumours that things are only getting worse.

Additionally, oil prices are slightly higher on geopolitical tensions between the United States and Russia over former Soviet republic Georgia.

These factors are weighing on U.S. stock futures, sending them lower on the market.


August 22, 2008

U.S. Stocks Gain on Market

Spread bets and CFDs on the U.S. stock market
Spead betting and contracts for differences on U.S. stocks should consider that they are on the rise this morning, after erasing most of yesterday's early losses. There are two main isues that are affecting the U.S. stock market:
  1. Anticipation of a speech to be given by Fed chair Ben Bernanke today.
  2. Rumours surrounding a possible takeover of beleaugured investment bank Lehman Brothers Holdings.
These are things to consider when spread betting on U.S. stocks today.

August 21, 2008

U.S. Stock Market Struggles

Spread bets and CFDs on U.S. stocks
The financial sector, as a result, is leading the rest of the U.S. stock market lower, helped on by rising oil prices and a sinking U.S. dollar.
Spread betting and contracts for differences on the U.S. stock market should consider that things are turning around today. After a moderately encouraging day yesterday, things are looking much different today for U.S. stocks.

One of the main issues is -- what else? -- the financial sector. A fresh set of the old worries has emerged, and investors are once again concerned about more mortgage brokerage writedowns.

The financial sector, as a result, is leading the rest of the U.S. stock market lower, helped on by rising oil prices and a sinking U.S. dollar.


August 20, 2008

US Stocks Gain on Market

Spread bets and CFDs on the US stock market
North American stock markets, including the US stock market, are higher today. Spread betting and contracts for differences on US stocks should consider that they are gaining overall, mainly on increased confidence in the market.

Indeed, this increased confidence is helping US stocks make a turnaround after earlier declines. A great deal of help, reports Real Clear Markets, is actually coming from the gains posted in the Chinese stock market:

"People are upbeat about the Chinese market turning aroundand of course HP's numbers gave a good face to what's been atough sell-off for a couple of days," said Rick Meckler,president of investment firm LibertyView Capital Management inJersey City, New Jersey.

August 18, 2008

US Dollar Falls in Forex Trading

Rally unsustainable at current levels
US Dollar drops in forex trading
North American financial markets should consider that the US dollar is pulling back in forex trading. With oil prices gaining a bit, as well as traders wondering how sustainable the recent dollar rally has been, things are looking a little down for the dollar.

In addition to a softer US dollar, the Canadian dollar is also expected to move lower in forex trading. The loonie is softening a bit, although higher commodity prices are limiting losses for now.


August 15, 2008

US Stocks Gain on Stronger Dollar, Lower Oil Prices

Spread bets and CFDs on the US stock market
Spread betting and contracts for differences on US stocks should consider that they are strengthening today. As the US dollar gains in forex trading, and oil prices -- and other commodity prices -- drop, the US stock market is feeling optimistic.

As the rest of the world slows down due to recession concerns, it appears that the US is doing well, having a head start in the global economic slowdown.


August 13, 2008

US Stocks Struggle as Consumer Spending Slows

Spread bets and CFDs on the US stock market
Spread betting and contracts for differences on US stocks should consider that one of the big issues affecting the market right now is consumer spending.

Bloomberg reports on this issue of consumer spending:

``Your house isn't worth as much as it used to be, the unemployment rate is going up and you're paying more for gas than you've ever paid before,'' said David Heupel, who helps manage $60 billion at Thrivent Financial for Lutherans in Minneapolis. ``A lot of crosscurrents are hitting the consumer right now and particularly the discretionary money they have to spend.''

As consumer spending decreases, profits for retailers and others that rely on consumers to spend money are also going down. This is having an effect on the US stock market as investors lose some confidence in various companies.


August 12, 2008

US Stocks Struggle on Market

Spread bets and CFDs on the US stock market
Spread betting and contracts for differences on US stocks should consider that they are dropping right now. Even though oil prices are dropping again after an initial gain this morning, bad news is overwhelming the good.

There are still concerns about financial sector stocks, as well as economic growth. US stocks, as well as Canadian stocks, are seeing some trouble today on the market.


August 11, 2008

US Stocks Drop on Financial Sector Concerns

Spread betting and contracts for differences on the US stock market
Spread bets and CFDs on US stocks should consider that they are struggling again this morning. Right now, the US and Canadian stock markets are cautiously waiting for news about the potential flare-up between Russia and Georgia.

Another issue affecting the US stock market is the pressure that the financial sector continues to exert. Investors are concerned that more trouble may be in store for Fannie Mae and Freddie Mac.


August 06, 2008

US Stock Market Drops

Spread betting and contracts for differences on US stocks
Spread bets and CFDs on the US stock market should consider that losses from individual equities (especially financials like Freddie Mac) are leading things lower this morning.

US stocks posted a sluggish open, thanks to earnings reports from a variety of companies hurt by the US economy. This comes after yesterday's rally due to a dramatic drop in oil prices.


August 04, 2008

US Treasurys Fall on Bond Market

Spread betting and contracts for differences on the US bond market
US Treasurys are dropping in the bond market
Spread bets and CFDs on US Treasurys should consider that they are dropping right now. As inflation brings hope that the US economy is picking up, riskier investments move into vogue.

Also keeping the US bond market lower is the fact that personal income is unexpectedly on the rise in the States.

As a result of this information -- especially rising inflation -- the US Fed is expected to keep rates on hold tomorrow, and possibly begin raising them again in the near future.


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