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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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FTSE 18 at 5797 after closing in the previous session above 5800

Article By: ,  Senior Market Analyst
May 2, 2012 11:26 AM

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  • FTSE – 18 at 5797 after closing in the previous session above 5800. This was the first time since April 3rd following stronger US manufacturing data.
  • Strong earnings mixed with weak eurozone economic data this morning.
  • Germany unemployment is higher than expected, the rate remains at 6.8%.
  • BSkyB reported record nine-month operating profits which is now trading +2.1% and top of the FTSE leader board.
  • NEXT, Britains second biggest clothing retailer met forecasts for quarterly sales trading up +2% this morning.
  • Ex-dividend day saw Admiral, Weir and Barclays trading without their dividend entitlement meaning they were the biggest losers on FTSE.
  • At 10am GMT the EU zone unemployement rate is announced.
  • At 3pm GMT the US factory orders are out and tomorrow the ECB rate decision with the non-farm payroll are out on Friday.

 

 

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