Excerpt from: Understanding Spread Betting
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| August 31, 2007 | | Paying attention to what world leaders say | What world leaders say can have an effect on your spread bets. Economic news plays a role in spread betting because it affects how the markets will move. Listening to world leaders speak can actually help you better plan spread betting strategy, since it will give you an idea of which markets to short and which to favour.
Right now, stock markets are in favour, as are some currencies, on the news that the U.S. government plans to introduce plans to ease the credit market crisis. But this means that the bond markets will likely be in retreat. And, on the currency market, this is good news for high yielding currencies, but low yielders, like the Japanese yen, are likely to fall.
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