Visit http://www.cityindex.co.uk/learn-to-trade/ for more trading insights, seminars and webinars from spread betting and CFD trading provider City Index. Here, Chris Nelson-Smith brings you the key activity shaping the markets on 11th July. Headlines include: • Ongoing fears over the global economic recovery are continuing to put pressure on European markets. • The FTSE is currently at 5960, down 30 points, while the DAX is down 87 points at 7316 and CAC is down 33 points at 3847. Dow futures are currently trading down 106 points at 12509. • The FTSE continues to trade below 6000, reaching a high of 5998 today. • The worst performers on the FTSE today have been BskyB, down 7% after the government asked the media regulator Ofcom to consider if Newscorp’s buyout is still credible after the phone hacking scandal. • Financials have also failed today as investors brace themselves for further developments out of Europe regarding the debt crisis in Greece. Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.
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