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UK 100 opens positively - Market Update, 8th July 2011

2011-07-08 10 Dailymotion

Visit http://www.cityindex.co.uk/learn-to-trade/ for more trading insights, seminars and webinars from spread betting and CFD trading provider City Index. Here, Alexandra Coote brings you the key activity shaping the markets on 8th July. Headlines include:

• UK 100 opens positive this morning, up 10 points.

• The DAX is up 23 points this morning while the CAC 40 is up 12 points and Dow futures are trading up 1 point so far.

• Britain's FTSE 100 Index is seen rising on Friday after good gains overnight on Wall Street and in Asia on expectations of a strong US jobs report later in the day, along with good ADP jobless data from yesterday.

• In forex, GBP/USD is currently trading at 1.5968, while EUR/USD is at 1.4319 and USD/JPY is trading at 8133.

• Gold is up, currently at 1527 per troy ounce, though dippING off its 1535 high.

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