In today’s Spreadbetting update, we look at the outlook ahead and how Spreadex’ clients remain positioned in the FTSE 100, Dow Jones, Premier Oil (LON:PMO), Urban Outfitters (NASDAQ:URBN) and more.
Highlights:
“FTSE 100 – Clients not buying into the rally. Clients do not have high hopes of this rally lasting. Classic QE trade underway (weak sterling, strong equities)”
“Wall Street – Similar reacion to the FTSE 100. At all time, clients selling into rallies”