In today’s Spreadbetting perspective, we note the outlook and how Spreadex clients remain positioned in GBP/EUR, Wall Street, Microsoft Corporation (NASDAQ:MSFT), Unilever (LON:ULVR), and EasyJet (LON:EZJ) with Connor Campbell, Financial Analyst at Spreadex, also joined by Nick Batsford, CEO at Tip TV.
Key Quotes
“Markets have definitely calmed down and now remain more focused on macro.”
“We are entering a period where the markets will be struggling for direction. A month or two before we see any significant data and the impact on Brexit.”
“GBP/EUR - Balancing between 1.19-1.20 area. Clients are pretty strong behind the pound and buying it.”
“Wall Street - The US earnings season remains the near-term risk”
Microsoft Corp (NASDAQ:MSFT) - Clients buying at $53-54 dollar mark.”
“Unilever - Unilever set to see a FX advantage. Clients buying around GBP 35-36 mark.”
“EasyJet - Earnings ahead. Better than expected results will see it go a bit higher.”