Join Stuart Jackson of City Index (http://www.cityindex.co.uk/) as he brings you the latest trading floor news on Wednesday 17th August 2011. Headlines include:<br /><br />- European markets have given a negative verdict on the outcome of yesterday's Eurozone debt crisis meeting, with the FTSE down 40 point, CAC flat and DAX down 35 points.<br /><br />- UK banks are off to a tough start today with Barclays down 3% and RBS down 2% as fears of further contagion continue to weigh on the sector.<br /><br />- On the FTSE, Kazakh mining giant ENRC posted a rise in profits and revenues in the first half year. Revenues were up 32% from the same period the previous year at $4.011 million, currently trading up 3%.<br /><br />- At 9.30am UK time, we have the UK employment data for July that's expected to come in line with last month's numbers, followed by the US production number.<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.
