Excerpt from: Understanding Spread Betting
|
 |
| September 25, 2007 | | Placing spread bets and commodities | While it is possible to spread bet on commodities like oil, gold and precious metals, timber, wheat, coffee and more, commodities also affect other areas of spread betting.
Commodities prices affect the economies that rely on them. This means that commodities can affect currencies in such places as Canada, New Zealand, Australia, the U.S., Norway, the Middle East, South America and other regions of the world.
Bond markets and stocks can also be affected by commodities prices. Indeed, when spread betting, it can help to look at commodities prices, especially when placing spread bets on financial instruments related to commodities.
| | |
|
|