Visit http://www.cityindex.co.uk/market-analysis/ for more market insights from the trading experts at City Index. Here, Alexandra Coote brings you the key activity shaping the markets on 27th July.<br /><br />Headlines include:<br /><br />- The FTSE 100 opened negative this morning, and is currently trading down 22 points.<br /><br />- The German DAX is down 34 points and the French CAC is trading down 27 at the moment.<br /><br />- Dow futures are currently up 6 points.<br /><br />- In the UK, data shows that demand for houses fell for a third month in June as waning consumer confidence and difficulties in getting a mortgage kept potential homebuyers off the market.<br /><br />- The main news event today is the continued US debt crisis.<br /><br />- In currencies, GBP/USD is currently at 1.6423, EUR/USD is trading at 1.4483 and USD/JPY is at 77.59.<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.
