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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Another turbulent week has again seen fresh highs amidst sessions of sharp sell offs

Article By: ,  Financial Analyst
February 24, 2012 11:49 AM

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  • Another turbulent week has again seen fresh highs amidst sessions of sharp sell offs.
  • A quieter start to today however sees European markets in positive territory, with the FTSE only barely in the black at 5939.
  • The French CAC is 0.7% higher and the German DAX is just shy of 1%, up at 6872 despite some sharp sell offs since the open.
  • Despite a pre-tax loss of £3.5 billion pounds for Lloyds, they started positively but have subsequently sold off, now over 2.5% down.
  • RBS has also joined the loserboard, down 2% as well.
  • Capita is once again at the top of the pile, up 2.5%.
  • We also have Hammerson up 2.5% as well.
  • The main focus from a UK macroeconomic perspective today will be British fourth-quarter GDP, down to be released at 9.30am GMT.
  • At 3pm keep an eye out for US new home sales figures.
See the City Index Economic Calendar and Companies Reporting Dates page for latest economic news and company events that are likely to impact the markets today.

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