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All Eyes on Italian Budget Vote - 8 November, Market Update

2011-11-08 6 Dailymotion

Ben Cooper of City Index (http://www.cityindex.co.uk/) presents a round-up of the key market news shaping price movements today and in the near future:<br /><br />- Positive corporate data has lifted European stock markets this morning. <br /><br />- The FTSE is up 38 points to 5548, while the German DAX is up 35 points to 5964.<br /><br />- In companies, Cairn Energy is up 3% following a positive update on their Greenland operations.<br /><br />- Vodafone is up 2.5% after the firm lifted its full-year profit guidance.<br /><br />- Later today, all eyes will be on the crucial Italian budget vote, especially after bond yields reached record levels 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.

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