Go to http://www.cityindex.co.uk/market-analysis/ for more trading insights from spread betting and CFD trading provider City Index. Here, Alexandra Coote brings you the key activity shaping the markets on 20th July. Headlines include:<br /><br />- The UK 100 opened positive this morning, up 22 points.<br /><br />- The UK index is currently up 43 points, while the Dax is up 40 points, CAC is up 27 points and Dow Futures are up 24 points so far.<br /><br />- Britain's FTSE 100 Index was seen opening up 25 points, tracking strong gains overnight on Wall Street and in Asia after signs of progress on a US budget-reduction deal, and following some solid US corporate earnings.<br /><br />- GBP/USD is currently at 1.6077, EUR/USD is trading at 1.4185 and USD/JPY is trading at 7894.<br /><br />- Gold is currently trading at 1.593, off highs of 1.610 seen yesterday.<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.
