By Zak Mir. We try to keep our focus tight at Spreadbet Magazine. This means we avoid topics such as politics, unless there is a chance you can profit from our analysis. It is true that we have our monthly column from David Cracknell in the magazine, but even then his pieces are in the…
Risers: Babcock International, up 1.7% The UK’s leading engineering support services company Babcock International have announced that trading in its markets for the half year ending Sept. 30 has remained positive, and added that results for the 2013/14 financial year will be in line with its expectations. Board remains confident that the group will continue…
By Sasha Cekerevac. It had been a long time since the Federal Reserve really surprised the markets. That is, before last week’s announcement that the central bank was going to keep its foot on the gas pedal—with the “pedal to the metal,” as the saying goes—leaving monetary stimulus in place. As you probably know, at…
Asian stocks held in line with broader equity markets last night, helping the historically difficult month of September print strong returns in light of the Fed’s decision not to taper. Gold, while positively affected by the information, has struggled to hold any significant gains from the news. A potentially bearish sign long-term. Other barometers of…
By Ben Turney. The GDX (or Market Vectors Gold Miners ETF as it is rather long-windedly known!) has been causing a bit of a stir, here at Spreadbet HQ, over the last few months. This ETF bundles a collection of gold and silver associated stocks together in an effort to track the NYSE Arca Gold…
By Filipe R. Costa The financial crisis of 2007-2008 was one of the worst economic catastrophes of the last few decades. It laid low household names, such as Lehman Brothers and Washington Mutual, left many Americans with work and homes, tore away half of the S&P500’s value and dragged down much of the world with…
By Zak Mir This is a story, from Friday, about how the financial markets were possibly manipulated, ahead of the FOMC’s non-decision last Wednesday. I actually saw the link posted on Facebook, by a trader friend and did not think about the story too much, until it reappeared on CNBC this morning. There is no…
Asian shares have traded higher overnight with the region on track for its biggest monthly gain since January 2012. Led by Japanese equities, the Topix Index reversed losses amid speculation the nation’s government will study a corporate tax cut and advise public pension funds to hold more risky assets. Japan’s Topix has climbed 9.5 percent…
By George Leong Trillions of dollars of government stimulus and Federal Reserve quantitative easing (QE) later, the U.S. economy continues to drag along, with gross domestic product (GDP) growth at just over two percent. The Federal Reserve decided to continue to print money instead of doing the right thing and tapering—and it blamed the decision…
By Filipe R. Costa Last Sunday, voters in Europe’s most powerful economy went to the polls. The “most powerful woman in the world” and leader of the conservative CDU party, Angela Merkela, won. This was widely expected. Alongside her CSU allies, she gained 41.5% of the vote, falling just short of the number need for…
