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BREAKING NEWS: Moody’s expected to announce ratings downgrade for UK banks this evening (SKY NEWS)

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Another Level – 21 Jun (AAL, BP, BATS, Gold)

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Spanish bond auction – success

Door still open for the country to finance itself in markets – just about 2-5yr borrowing costs rise from 2-5% to 4.7-6.1% Sold more than offered. Demand health at 3-4x CFDs and Spread Betting with Accendo Markets

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UK May Retail Sales bounce back

BETTER: UK Retail Sales (May) 1.4% Month-on-Month vs 1.2% est (Apr-2.4%, R- from -2.3%); 2.4% Year-on-Year vs 2.1% est (Apr -1.1%) #gbp BETTER: UK Retail Sales ex-Fuel (May) 0.9% MoM vs 0.7% est (Apr-1.1%, R- from -1.0%); 3.0% YoY vs 2.7% est (Apr -0.3%) CFDs & Spread Betting with Accendo Markets

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Eurozone PMI data – In-line/Better

IN-LINE: Eurozone PMI Manufacturing (Jun): 44.8 vs 44.8 est (prev 45.1); BETTER: Eurozone PMI Services 46.8 vs 46.4 est (prev 46.7) CFDs & Spread Betting with Accendo Markets

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UK 100 Focus – 21 Jun

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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

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