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FTSE 100 trading at 5855 - Market Update, 3rd June 2011

2011-06-03 29 Dailymotion

Bookmark http://www.cityindex.co.uk/market-analysis/ to follow the latest financial news from spread betting and CFD trading provider City Index. Here, Fiona Cincotta brings you the key market-moving activity occurring on 3rd June 2011. Headlines include:<br /><br />- FTSE trading up 10 points at 5855 after sharp selloffs in the previous two sessions.<br /><br />- There were mixed showings overnight on Wall Street and from Asia.<br /><br />- Worries over weak economic data during the week drove investors away from risky assets.<br /><br />- Investors are expected stay cautious ahead of the US non-farm payroll data which has been revised down from an increase of 180k to 150k.<br /><br />- The US non-manufacturing index will be announced at 2pm (UK time).<br /><br />Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

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