Go to http://www.cityindex.co.uk/market-analysis/ for more trading insights from spread betting and CFD trading provider City Index. Here, Sophia Ziaee brings you the key activity shaping the markets on 8th August. Headlines include:<br /><br />- Reports suggest the European Central Bank is set to wade into the financial markets today in an attempt to prevent the turmoil in the single-currency area from spiralling out of control.<br /><br />- Earlier today the ECB stepped into bond markets, backing up a pledge to support Spain and Italy with the aim to prevent financial meltdown in the euro zone.<br /><br />- Meanwhile, in the UK, It was a volatile start for the FTSE 100 with stocks starting to recover from earlier falls.<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.
