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Citywire Market Blog: global shares rally on hopes of stimulus (Accendo quote)

Citywire – 6 June 2012

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Trade Alert: Buy – Tullett Prebon (TLPR) – 6 Jun

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ECB leaves interest rates unchanged

45 mins until press conference for any hints on other means of helping out in EZ crisis CFDs and Spread Betting with Accendo Markets

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German Industrial Production – Worse

WORSE: German Ind Prod (Apr) -2.2% MoM vs -1.0% est (prev 2.2%, R- from 2.8%); -0.7%% YoY vs 0.9% est (prev 1.4%, R- from 1.6%) CFDs & Spread Betting with Accendo Markets

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Q1 Eurozone GDP – weak

Eurozone GDP (Q1) 0.0% QoQ vs 0.0% est (prev 0.0%) 0.1% YoY vs 0.0% est (prev 0.0%) CFDs and Spread Betting with Accendo Markets

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IN-LINE: UK PMI Construction (May) 54.4 vs 54.5 est (Apr 55.8)

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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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