London, England -- (SBWIRE) --05/17/2011 -- Joshua Raymond, Market Strategist for spread betting and CFD trading provider City Index (http://www.cityindex.co.uk/) looks at European equities.

European equities opened up lower on Monday with investors cautious to buy into stocks ahead of the meeting amongst EU finance ministers to discuss the euro zone debt crisis. Traders are awaiting clarity on how they see the Greek situation progressing, particularly in the context of a debt restructuring and of any mandatory austerity clauses that may come with it.

Strauss Kahn arrest unlikely to impact IMF's strategy in short term

The arrest over the weekend of Dominique Strauss-Kahn, the IMF's Chief, has done little to upset stock markets today, whilst the Euro, having initially suffered in early trade, has bounced back to gain against the dollar and sterling.

Naturally traders are attempting to speculate as to what the impact of no Strauss-Kahn could have on today's talks with EU finance ministers on Greece. The truth of the matter is it is likely to make little difference. Manchester United would have still won the Premier League title without Sir Alex Ferguson at the game against Blackburn Rovers over the weekend and the IMF's goals will maintain in the short term until there is clarity over the validity of allegations made against the IMF's leader.

In truth, the allegations over the weekend may have only served to speed up Strauss-Kahns expected departure from the IMF. Dominique Strauss-Kahn had been long expected to run for the French Presidency next year, and had he done so, a change in leadership at the IMF was likely to be only months away.

The impact of Strauss-Kahn not heading up the IMF, should this turn out to be the case, could be more in the shape of a change in long term strategy, particularly if his replacement is non European. The 'special relationship' between the IMF and Europe has been long heralded over the last few years. Under Strauss-Kahns' stewardship, the body has been hugely beneficial in attempting to proactively stabilise the euro zone debt situation, and so a new leader may attempt to strengthen the IMF's scope of activities to outside of the euro zone, particularly emerging markets and helping to correct the global imbalances of currency manipulation, in an effort to encapsulate the true sense of the term 'International' Monetary Fund.

Mining sector hits new 1 month low

Strength in the mining sector has helped to prevent the FTSE 100 from enduring a more grievous fall this morning than the 0.6% already posted. The mining sector itself hit a new 1 month low earlier this morning before buyer interest helped to pick lift mining stocks such as Rio Tinto and Xstrata to gains of 0.5%. However, with Copper prices off this morning, all gains in the sector are being kept on a leash and indeed we have already seen traders reverse some of the buys placed this morning.

Dixon's shares jump 6% after results

Dixon's shares hit a new one and a half month high today after the electrical goods retailer announced profits for the year of £85m, in line with previous forecasts. However, the share price rise is born more out of dampened expectations than shareholders cheering a stellar set of results. After the company issued a profit warning in March, saying that like for like sales had dropped significantly, there had been fears of a further deterioration in sales. It seems investor fears of this have been eased somewhat from today's numbers. Dixon's share price has lost around 40% in the last six months trading as investors fear poor sales for top end goods as consumers cut back in the tough economic environment.

To get the learn more about spread betting and CFD trading with City Index, visit: http://www.cityindex.co.uk/learn-to-trade/

Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

About City Index
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFDs and, in the UK, spread betting.

We constantly look to improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. For more information, visit http://www.cityindex.co.uk/.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

London, England -- (SBWIRE) -- 05/16/2011 -- Spread betting and CFD trading provider City Index (http://www.cityindex.co.uk/) reports the financial activity shaping the markets on 16th May 2011. Headlines include the Nikkei tumbling today as banking stocks continue to weigh down the Japanese index.

The Nikkei 225 has tumbled by 0.94 per cent today (May 16th) as banking stocks continue to weigh down the Japanese index.

According to Reuters, the stock index hit a one-month low after it ended trading on 9,558.30 points.

Banks' share prices took another hit following the suggestion of the Japanese government that loans provided by financial institutions to the Tokyo Electric Power Company (Tepco) may not need to be repaid.

Tepco was in the spotlight following the March 11th earthquake and tsunami after it struggled to cool down overheated reactors at its Fukushima nuclear plant.

Further trouble came when radioactive material started to leak. Today, Tepco's share price retreated by 7.28 per cent.

The news resource also highlighted investors' concerns about the ability for the global economy to grow, lowering any appetite for risk.

"Volatile commodities" were also pointed to for the one-month low of the Nikkei 225.

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About City Index
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFD trading and, in the UK, financial spread betting.

We constantly look to widen the range of assets we offer, improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. Visit http://www.cityindex.co.uk/ for more information.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

London, England -- (SBWIRE) --05/16/2011 -- Renewable energy stocks could become more attractive to investors should the comments of one organisation be taken on board, say spread betting and CFD trading provider City Index (http://www.cityindex.co.uk/).

KPMG's annual survey of renewable energy mergers and acquisitions (M&A) showed that three-quarters of investors polled said they would have placed more cash into the UK if regulation and legislation had been clearer over the past three years.

Indeed, the country's green sector could become a global leading market due to a combination of the City's financial centre clout and large volumes of tidal, wind and wave resources, KPMG's UK energy partner Andy Cox asserted.

"The renewable M&A market has had a busy start to 2011, with a substantial jump in global activity which looks set to continue," he stated, adding that more needs to be done to attract investors to the UK.

Last year there were 446 M&A renewable energy deals, an increase of 70 per cent compared to 2009.

Further weight could be given to renewable energy stocks after a new study from PricewaterhouseCoopers found that almost two-thirds of financial institutions in Europe believe that investment risk for offshore wind power projects has declined over the past 24 months.

To get the latest spread betting and CFD trading news from City Index, visit: http://www.cityindex.co.uk/market-analysis/

Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

About City Index
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFDs and, in the UK, spread betting.

We constantly look to improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. For more information, visit http://www.cityindex.co.uk/.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

London, England -- (SBWIRE) --05/16/2011 -- Market news from spread betting and CFD trading provider City Index (http://www.cityindex.co.uk/) BT's share price has fallen down the FTSE 100 today, despite the organisation revealing its profits have increased.

As of 13:46 BST, BT's value on London's premier stock index had lost 1.73 per cent compared to yesterday's close, dropping by 3.50 points.

For the year to March 2011, the organisation enjoyed adjusted profit before tax of more than £2 billion. For the quarter ended March 31st, this stood at £610 million.

Both figures represented a rise of 20 and 21 per cent respectively compared to their corresponding periods of 2010.

It would appear that even increased adjusted earnings per share for the year of 21 p - up by 21 per cent - did not improve the attractiveness of BT's stock to investors.

Commenting on the financial results, chief executive of the telecommunications company Ian Livingston stated: "We have delivered profits and free cashflow ahead of expectations for the year, while making significant investment in the business for the future. Free cashflow has nearly trebled compared with two years ago."

To get the latest spread betting and CFD trading news from City Index, visit: http://www.cityindex.co.uk/market-analysis/

Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

About City Index
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFDs and, in the UK, spread betting.

We constantly look to improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. For more information, visit http://www.cityindex.co.uk/.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

London, England -- (SBWIRE) --05/13/2011 -- Sugar prices could tumble should the output of the commodity surpass demand for a second year, according to spread betting and CFD trading provider City Index (http://www.cityindex.co.uk/).

Speaking to Bloomberg, Standard Chartered Bank analyst Abah Ofon said during 2011, the average prices of sugar futures could decline by approximately 15 per cent compared to the current level, before slightly recovering next year.

An increase in planting by farmers in response to a lift in sugar prices could now in fact see the value of the commodity retreat.

Commenting on the sugar market in Thailand, Mr Ofon said for the season beginning October, another year of surplus will be experienced.

Meanwhile, for the season ending September 30th, output is predicted to surpass demand by around one million metric tons.

The news resource noted that in February, sugar futures rose to 36.08 c (22 p) a pound in New York, the highest price seen since 1980.

It revealed yesterday (May 10th) that investors are worried that wheat supplies could be reduced due to dry weather across the US and Europe, pushing prices higher.

To get the latest spread betting and CFD trading news from City Index, visit: http://www.cityindex.co.uk/market-analysis/

Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

About City Index
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFDs and, in the UK, spread betting.

We constantly look to improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. For more information, visit http://www.cityindex.co.uk/.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Spread betting provider City Index (http://www.cityindex.co.uk/) looks at the rise in the Nikkei 225

London, England -- (SBWIRE) --05/13/2011 -- An increase in metal and crude oil prices helped to provide a boost to commodities stocks in Japan, enabling the Nikkei 225 to end higher today (May 10th).

The premier stock index in the country closed on 9,864.26 points, a 0.46 per cent advance on yesterday's finish.

Earning reports from companies including NEC and Orix also provided a helping hand, Reuters reported, pointing to the 4.7 per cent rise in the share price of NEC.

A 56 per cent hike in operating profit during the business year to March 2012 supported NEC's advance up the Nikkei 225.

Orix, meanwhile, lifted by four per cent following its prediction of a 15 per cent rally this financial year for net profit.

Another day of gains for the stock index comes after it rose by 0.25 per cent yesterday on the back of a Nikkei newspaper report suggesting that Toyota Motor's production levels could resume as usual by August following the March 11th earthquake.

To get the latest spread betting and CFD trading news from City Index, visit: http://www.cityindex.co.uk/market-analysis/

Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

About City Index
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFDs and, in the UK, spread betting.

We constantly look to improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. For more information, visit http://www.cityindex.co.uk/.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Sandy Jadeja, Chief Technical Analyst for Spread betting and CFD trading provider City Index (http://www.cityindex.co.uk/), takes a look at the decline in indices and commodities.

London, England -- (SBWIRE) --05/12/2011 -- The sharp declines in last week's indices and also commodities has spooked the bulls and has seen the markets drop lower into initial support areas. The concern amongst many traders is whether this pullback is a correction or the start of a larger degree decline. Taking both the current price action and price patterns in consideration it would require another swing to provide further clues in order to determine the intermediate term outlook. If the swing is to the upside then this recent decline would be considered a correction whereas a swing failure could potentially lead to a further sell-off.

FTSE 100 retreats from 6117 level

Once again the FTSE 100 index has failed at the 6117 resistance level. With last week's decline the index had also dipped below the 20 day Moving Average but the momentum index had not declined low enough to trigger a key reversal signal. Currently the index sports a "Double Top" pattern at the 6100 level which in itself could be a potential warning that there could be further declines ahead if the index is unable to clear this area. This week the FTSE should be looking for support at the 5850 level with upside targets coming in at 6000 – 6045.

Dow Jones unable to clear upside barrier

The pullback on the US Dow Jones has seen the index fall back to find support at its 20 Day Moving Average and also forming a Daily Pivot Reversal. The index will now need to prove that it can hold above 12093 if it is going to tackle the 13270 level. If we see a failure to take out 12876 then the index could face a further decline down towards the 12400 level once the 12670 level has been broken. However the overall pattern formation appears to be more bullish on the Dow Jones compared to the UK FTSE 100 index.

Gold completes initial correction

Although Gold prices fell sharply along with other commodities there is a possibility that this may be a simple pullback. Gold will need to stabilise at $1520 -$1447 and see a weekly close in positive territory for the week ahead. The Weekly chart has seen the metal break below key pivots which could cause concern for the bulls. This week Gold may look towards higher prices into resistance levels at $1519 - $1533. If strength comes into play then the $1552 could be the upper price target.

To get the latest spread betting and CFD trading news from City Index, visit: http://www.cityindex.co.uk/market-analysis/

Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

About City Index
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFDs and, in the UK, spread betting.

We constantly look to improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. For more information, visit http://www.cityindex.co.uk/.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

City Index (http://www.cityindex.co.uk/) a global leader in spread betting and CFD trading, offer a daily market commentary to keep traders informed. Today, Head of Equities Giles Watts takes a look at falling stocks and gaining dollars.

London, England -- (SBWIRE) --05/12/2011 -- "Risk aversion continued on Monday as investors continuing to shy away from riskier asset classes such as mining and banking stocks whilst the typical safe haven investments such as the US dollar and Gold gained ground.

Greece debt rating cut by S&P

Fears over sovereign debt resurfaced over the weekend with speculation that Greece may require a second bailout and was even contemplating an exit from the Euro. These murmurs were quashed by Euro zone representatives but a downgrade of Greece's debt rating by Standard and Poor could not have been timed any worse in the midst of these market rumours. The ratings agency downgraded Greece's long term credit rating to B from BB- stating that there is increased risk the country may have to restructure its debt.

There remains enough near term fragility in the market to convince investors not to jump full flight back into riskier asset classes. Today's numbers from HSBC were slightly concerning regarding the jump in costs the bank has endured. Alligned with this was news that, alongside Barclays, the two banks were setting aside a combined $2bn to cover liabilities when they mis- sold payment protection insurance. This tows a similar theme and large cash provision announced by Lloyds Banking Group last week.

Gains in the prices of commodities, including a 2.5% rise in crude oil and a 1% rise in Copper, has not been enough to entice investors to come back in and buy up shares of some of the miners and oil firms that were badly hit last week when commodity prices slumped severely. Gains in the price of the US Dollar, where the Dollar Index hit a new three week high, has kept investors weary.

The FTSE 100 saw losses of around 0.8% going into the market close but remains firmly locked into its 250 point trading range for the year. Near term support can be found around the 5860 level whilst investors are awaiting a break out above the 5105 level to convince that the UK Index could see more gains."

To get the latest spread betting and CFD trading news from City Index, visit: http://www.cityindex.co.uk/market-analysis/

Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

About City Index
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFDs and, in the UK, spread betting.

We constantly look to improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. For more information, visit http://www.cityindex.co.uk/.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Spread betting and CFD trading provider City Index (http://www.cityindex.co.uk/) take a look at the share prices of the BG Group.

London, England -- (SBWIRE) --05/12/2011 -- BG Group has taken a share prices hit following the announcement in its first-quarter results for 2011 that earnings are lower because of the North Sea tax.

In the recent UK Budget, Chancellor of the Exchequer George Osborne announced that oil companies that operate in the North Sea will have to pay a higher tax.

Earnings during the three-month period therefore dropped by $265 million (£162 million) at BG Group compared to the same quarter of 2010.

Under its business performance, total operating profit lifted by one per cent to just over $1.9 billion, while earnings per share tumbled by 25 per cent to end on 24.2 cents.

As of 09:27 BST this morning (May 10th), BG Group's share price had declined by 3.38 per cent, making it the biggest faller on the FTSE 100.

Frank Chapman, chief executive of the firm, said challenges included Australian flooding, the UK North Sea tax increase and the North Africa civil unrest.

"We now expect modest production growth in 2011," he added.

To get the latest spread betting and CFD trading news from City Index, visit: http://www.cityindex.co.uk/market-analysis/

Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

About City Index
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFDs and, in the UK, spread betting.

We constantly look to improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. For more information, visit http://www.cityindex.co.uk/.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Joshua Raymond, Market Strategist for spread betting and CFD trading provider City Index looks at the recent FTSE rally.

London, England -- (SBWIRE) -- 05/11/2011 -- "The FTSE 100 posted gains of 0.2% on the back of continued support from mining stocks whilst a bullish note from JP Morgan helped to spike M&S's share price by 3%.

A busy morning session of various company earnings and updates has kept equity traders busy. Earnings from Sainsbury's topped market expectations, only just, with profits before tax up 9% at £665m. A hike in their dividend of 6.3% to 15.1p fell just short of shareholder hopes however, and is its this factor that has left Sainsbury's shares relatively unchanged this morning.

A fall in advertising sales, the first time since 2009, has put pressure on ITV's shares this morning. The broadcaster's share traded at the bottom of the FTSE 100 performers list, falling 3% as a result.

Sterling leaps on BOE Inflation Report
However, the focus for the day's trading is the Bank of England's quarterly inflation report. Today's inflation report has surprised a few traders. The downgrade in forecast for UK growth from 3.1% to 2.9% had been expected by the market but an upgrade of medium term inflation forecasts to near 2% convinces that a rate hike is feasible before the end of the year. It's hard not to accept language such as "there is a good chance that inflation will reach 5% later this year, and it is more likely than not to remain above the 2% target throughout 2012" as an indication that the bank is warming to the prospects of a rate hike.

The pound sterling had been sold off in the run up to today's report on expectation of a growth downgrade, so this element of the report had already been priced in. With the BOE also reaffirming their concerns on inflationary pressures, many in the market have taken that stance as an indication that rates hikes is feasible before the turn of the year. As a result, the pound sterling immediately saw buyers, forcing the sterling dollar cross pair higher to $1.6470."

To get the latest spread betting and CFD trading news from City Index, visit: http://www.cityindex.co.uk/

Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

About City Index
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFDs and, in the UK, spread betting.

We constantly look to improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. For more information, visit http://www.cityindex.co.uk/.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Joshua Raymond, Market Strategist for spread betting and CFD trading provider, takes a look at how US jobs data has lifted the European Indices.

London, England -- (SBWIRE) --05/11/2011 -- "A much better than expected set of numbers regarding the US labour market was enough to immediately lift European Indices from the heavy weakness suffered over the last few sessions.

US Payrolls lift equities

This week has seen both the FTSE 100 and German DAX indices lose 4% as the prices of commodities such as Gold, Silver and Crude Oil crashed through the floor. However, the US jobs data has left a positive spin to the end of the week's session and has been enough to encourage investors to pick up some of the more badly beaten stocks that they perceive to be bargains.

Both non farm and private payrolls were much better than expected, giving equities an immediate lift. The FTSE 100 was lifted by 0.8% in the immeditate aftermath of the jobs data being released as traders dived into UK stocks. Investors are taking these figures as a good set of numbers, with US jobs gaining the most in just under a year, whilst the consistency in the growth of non farm payrolls is also pleasing. Of course more people in work above expectations paints a rosier picture for the US economy than expected, hence the jump in equities and Indices. That said, with unemployment rate stubbornly high at 9% now, there remains some way to go in the US labour market recovery.

Banks and Miners see buyers return

Two sector which have been hit particularly hard this week, the banks and the miners, have both seen buyers return today, giving both sectors a bounce of 1%.

The miners, as one would expect having seen the price of Silver fall by 30% along with heavy falls in both Copper and Gold, have been hit hard losing almost 8% this week alone. However, this morning we started to see buyers coming back into the market to pick up some of the badly beaten mining stocks from their lows and this rejuvenation of buyer interest continued when the US jobs data also surprised to the upside.

RBS shares lead London trade

Positive earnings from bank Royal Bank of Scotland has helped to lift the banking sector too. The bank pleased shareholders today by announcing profits had jumped by 25% for the final quarter of last year, reaching £2.1bn. CEO Stephen Hester called the earnings as a sign the company was "pulling off the recovery that they had targeted". The fact that the banks shares had lost as much as 4% at one point yesterday has also convinced some traders to pick the firm's shares up from their lows having seen today's numbers."

To read the latest spread betting and CFD trading news from City Index, visit: http://www.cityindex.co.uk/learn-to-trade/

Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

About City Index
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFDs and, in the UK, spread betting.

We constantly look to improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. For more information, visit http://www.cityindex.co.uk/.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Spread betting and CFD trading provider City Index deliver daily market news to keep traders up to date. Today they look at ExxonMobil’s earnings.

London, England -- (SBWIRE) -- 05/10/2011 -- ExxonMobil has announced a 69 per cent surge in profit, with high oil prices highlighted as helping its performance.

During the first quarter of 2011, the oil giant's earnings - excluding special items - reached more $10.65 billion (£6.4 billion), compared to the $6.3 billion of the same three-month period in 2010.

A 61 per cent surge of earnings per share was also noted, reaching $2.14, while dividends per share lifted by five per cent.

Rex Tillerson, chairman of ExxonMobil, said robust oil prices helped bolster its success for the quarter.

Indeed, civil unrest in the Middle East and military action against Libya has seen the value of the commodity storm ahead.

"Oil-equivalent production was more than ten per cent higher than 2010, driven by our world-class assets in Qatar and our growing unconventional gas production," he added.

It was also announced today (April 28th) that first-quarter earnings for Royal Dutch Shell hit $6.9 billion on a current cost of supplies basis.

During the same quarter of 2010 this stood at $4.9 billion.

To get the latest spread betting and CFD trading news from City Index, visit http://www.cityindex.co.uk/market-analysis/financial-news.aspx

Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

About City Index:
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFDs and, in the UK, spread betting.

We constantly look to improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. For more information, visit http://www.cityindex.co.uk/.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Joshua Raymond, Market Strategist of spread betting and CFD trading provider City Index (http://www.cityindex.co.uk/) comments of the movement of the European indices.

London, England -- (SBWIRE) -- 05/10/2011 -- "European indices moved higher early on Thursday as traders looked to pick up some of the more badly beaten stocks that they perceive to be bargains after heavy stock falls. Most activity was however restrained, with an eye towards the BoE and ECB rate decisions due out at lunch time and as the morning progressed, Indices swung between positive and negative territory.

Having seen the oil and mining sectors fall by 4% and 5% respectively this week alone, it is not surprising that investors have started to look for what they perceive to be bargain stocks within these sectors. Interest is being kept on a leash however, with copper and crude oil prices continuing to trade to the downside this morning, and silver prices having lost 20% this week already.

Lloyds and Schroders' shares tumble

Lloyds and Schroders' have both suffered heavy stock selling today after both banks disappointed investors somewhat with their earnings.

Lloyds, 41% owned by the government, shocked investors by setting aside £3.2 billion to cover compensation claims for miss-selling its debt repayment insurance policies. The amount set aside is far graver than the market had expected and also raises fears that other banks embroiled in the insurance issue could also expect to pay out more than was first perceived. The bank also announced it took an additional £500 million hit than expected from Irish debt woes, which pushed the bank into a loss of £3.5 billion for the first quarter. Lloyds' shares were down by 5.7% within the first hour or trading as a result.

Shares in Schroders also tumbled 5% after the investment firm reported an 11% rise in pre-tax profits for the first quarter to £103.8 million. The market had been expecting a number closer to the £116 million mark and so these numbers are well short of consensus. As a result, the firm's shares have taken a hit this morning.

BoE and ECB rate decisions eyed

Traders eyes remain transfixed on interest-rate decisions due out of the Bank of England and European Central Bank. Whilst the market is not expecting a change in rates from either decision, the market is of course wary of surprises.

Both central banks are expected to hike rates soon, with the ECB expected to hike rates again in July. Debate ranges on a first UK hike in two years to take place between August and early next year.

The focus today will be on the rhetoric from ECB President Jean Claude-Trichet, and whether he insinuates the next ECB hike will come in June or July."

To read the latest spread betting and CFD trading commentary from City Index, visit: http://www.cityindex.co.uk/market-analysis/

Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

About City Index
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFDs and, in the UK, spread betting.

We constantly look to improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. For more information, visit http://www.cityindex.co.uk/.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

London, England -- (SBWIRE) -- 05/10/2011 -- Sandy Jadeja, Chief Technical Analyst of spread betting provider City Index (http://www.cityindex.co.uk/) takes a look at the activity shaping the spread betting markets on 3rd May 2011.

With the US markets in rally mode the UK FTSE 100 has not progressed any higher over the last few weeks. It feels as if there needs to be some sort of catalyst to help the index breakout from its current range. Recent news events have inspired US markets but not the UK. Meanwhile Gold prices have edged higher and are close to the next price target before attempting to reach the key $2000 level. Overall various commodity prices have reached intermediate term key price resistance levels but in a bull market price barriers can prove to be meaningless until a change in trend and momentum occurs. Gold clearly has not seen this just yet.

FTSE 100 fails to inspire the Bulls
The FTSE 100 really has not provided any inspiration for the bulls lately. Although the index has had a nice rally from the 5594 low it does seem as if the index is lacking strength to see the 6117 target being reached. The recent extended holidays created lighter volumes and many traders have clearly waited on the sidelines for further clues to the next move. If we do see a continuation higher, then the 6000 level needs to be maintained. A break below this area may suggest a correction towards 5850 is likely. The range remains between 6000 – 6117 until a breakout has occurred.

Dow Jones clears 12545 level
The US Dow Jones has cleared several resistance barriers so far setting the stage to tackle the 13,000 level. As long as the index can hold above 12670 then it is possible for the next target of 13270 to come into sight. Technical studies also show a clean break above a downward trend line helping the index to gain strength and creating a classic higher highs and higher lows formation. The old adage of "Sell in May and go away" may prove to be a non effect until we see key price reversal formations in the coming weeks.

Gold continues to trade higher
Yet again the price of Gold has maintained a firm grip on a rising trend. The metal has not seen any corrections since the start of this year and although some technical indicators suggest an overbought reading there are no signs of any tops just yet. Currently there is a technical resistance level at $1581 - $1603 which needs to be overcome to tackle the $2000 level. Support is now at $1520 which if broken could see the commodity trade back lower for further support at $1447.

See how you can trade CFDs with City Index at http://www.cityindex.co.uk/cfd-trading/

About City Index
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFD trading and, in the UK, financial spread betting.

We constantly look to widen the range of assets we offer, improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. Visit http://www.cityindex.co.uk/ for more information.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

London, England -- (SBWIRE) -- 05/06/2011 -- City Index (http://www.cityindex.co.uk/) takes a look at the activity shaping the spread betting markets on 28th April 2011.

Asian shares enjoyed a broadly upbeat and steady gain today on the back of positive leads from Wall Street overnight. Most Asian markets were trading higher today after the US Federal Reserve Chairman Ben Bernanke said he is not ready to move (to increase) on the interest rate at any time soon.

Bernanke's statements boosted global stock markets overall, while driving the US dollar further down against other major currencies.

Hong Kong and mainland China shares saw across the board advances led by China Coal Energy Co and Ping An Insurance Group. Local property shares were also higher as the Hang Seng Index was trading up 121 points at midday trading.

In Japan, shares were trading strongly and the Nikkei Index was up more than 1.10 per cent at midday. The positive performance came despite the government reporting some negative economic data which showed the impact of the March earthquake and tsunami. Industrial production was down more than 15 per cent in March, which is the worst production number on record for Japan.

In Australia, the Aussie dollar breezed through the 1.0900 level against the US greenback during the Asian trading session. With the US Fed signalling a move (interest rate hike) at any time in the near future, the Aussie dollar seems unstoppable at this level, with many market analysts and observers predicting it could reach 1.1200 within the year.

See how you can trade with City Index at http://www.cityindex.co.uk/spread-betting/

Spread betting and CFDs are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

* Spread betting and CFD trading are exempt from UK stamp duty. Spread betting is also exempt from UK Capital Gains Tax. However, tax laws are subject to change and depend on individual circumstances. Please seek independent advice if necessary.

About City Index
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFD trading and, in the UK, financial spread betting.

We constantly look to widen the range of assets we offer, improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. Visit http://www.cityindex.co.uk/ for more information.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

London, England -- (SBWIRE) -- 05/06/2011 -- Spread betting provider City Index (http://www.cityindex.co.uk/)takes a look at the activity shaping the FX markets on 28th April 2011.

EUR/USD
Range: 1.4785 – 1.4881
Support: 1.4790
Resistance: 1.4905

Euro Climbs on Dollar's Pain Though Data and Bank of Portugal Credit Outlook Deteriorate It isn't a feat to advance against the US dollar; but the euro's performance through this past 24 hours certainly spelled out strength beyond its reflective performance against the greenback. Climbing against most of its counterparts, the shared currency saw a second slip in German consumer confidence and the Bank of Portugal's report on credit conditions warn that the 2Q is in for a pinch. It's hard to explain euro strength.

GBP/USD
Range: 1.6644 – 1.6746
Support: 1.6650
Resistance: 1.6810

British Pound Rallies after an In Line 1Q GDP Reading, Will this Climb Last? For a reading that was essentially in-line with the popular consensus, the advanced reading of UK 1Q GDP certainly had a remarkable impact on the British pound. The sterling rallied sharply across the board after the Office for National Statistics reported a 0.5 percent increase in economic output through the first three months of the year, offsetting the 0.5 percent contraction form the previous reading. Generally, this is not a very robust pace of growth for Europe's second largest economy; and it certainly doesn't do much to diminish the risks with the government's efforts to rein in its debts during a temporary economic slump. That said, services grew the most in four years (0.9 percent) and manufacturing rose 1.1 percent. Growth in the right places allows some room for optimism.

Gold
Range: 1524.35 – 1533.65
Support: 1500
Resistance: 1550

Gold Rallies to a Fresh Record High, But What is the Metal Worth in Euros? Gold was exceptionally strong through Wednesday's close and into Thursday's trading session – or was it? As we normally view it, gold hit a record high $1,532; but this has a lot to do with the dollar's own weakness. When we price the metal in euros, it would still advance; but gains were well off monthly highs (much less record highs). Capital is still comfortable moving from currency to currency rather than finding escape.

Trade FX with City Index at http://www.cityindex.co.uk/spread-betting/

Spread betting and CFDs are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

* Spread betting and CFD trading are exempt from UK stamp duty. Spread betting is also exempt from UK Capital Gains Tax. However, tax laws are subject to change and depend on individual circumstances. Please seek independent advice if necessary.

About City Index
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFD trading and, in the UK, financial spread betting.

We constantly look to widen the range of assets we offer, improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. Visit http://www.cityindex.co.uk/ for more information.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Greater London, England -- (SBWIRE) -- 05/05/2011 -- Spread betting provider City Index (http://www.cityindex.co.uk/) takes a look at the activity shaping the spread betting markets on 4th May 2011, including the Hang Seng Index trading down.

The commerce and industry segment of the Hang Seng Index has so far proven to be the biggest drag on the stock index today (May 4th).

As of 15:36 local time in Hong Kong, the Hang Seng Index had retreated by 1.56 per cent, with the commerce and industry segment down by 1.87 per cent.

A 1.79 per cent decline was noted for the properties sector, while finance and utilities had fallen by 1.40 per cent and 0.09 per cent respectively.

Reuters asserted that utilities stocks performed relatively better as expectations of power shortages in China sent China Resources Power Holdings' share price higher. Strong energy demand could see tariff costs increase.

Furthermore, declining metal and crude oil prices weighed down energy stocks on the Hang Seng Index, with mining firms particularly hit hard.

Meanwhile, as of 08:00 BST, the Shanghai Composite Index had retreated by 2.23 per cent, a more than 65-point fall.

See how you can spread bet with City Index at http://www.cityindex.co.uk/spread-betting/

Spread betting and CFDs are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

About City Index
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFD trading and, in the UK, financial spread betting.

We constantly look to widen the range of assets we offer, improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. Visit http://www.cityindex.co.uk/ for more information.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

London, England -- (SBWIRE) -- 05/05/2011 -- Giles Watts of spread betting provider City Index (http://www.cityindex.co.uk/) takes a look at the financial activity shaping the markets on 27th April 2011. Headlines include Barclays weighing on the FTSE as traders eye tonight's FOMC decision.

The FTSE 100 fell 0.1% on Wednesday with Barclays the key drag on the UK Index after the UK bank announced earnings that missed market expectations.

Traders maintained an eye towards tonight's FOMC decision and the question and answers session with Fed Chairman Ben Bernanke to gauge clues as to his plans for an exit strategy from the current accommodative stance employed by the US central bank.

From a sector perspective it is the miners and the banks that are weighing on the FTSE, whilst support from the energy sector is helping to counter some of this to render a marginal fall on the UK Index.

Much of the weakness in the UK banking sector this morning is being dictated by Barclay's earnings. The bank announced a 9% drop in first quarter profits of £1.66bn (pre-tax) which missed most analyst forecasts, but not by a huge distance. Most of the negative sentiment in the numbers themselves is weighted towards a drop in income at its investment banking arm, which fell 15% from a year ago, along with a 22% drop in income from its fixed income department. There had been a decent push in the share price of Barclays ni the run up to these numbers and so today's fall is likely to have been exacerbated by traders locking in profits also.

Weakness in the price of Copper is also weighing on the heavyweight mining sector this morning. Copper prices are lower by 1.3% in trading and this is triggering a 1% fall in the mining sector.

Shares in Bodycote, the engineering firm rose as much as 14% to a near 12 year high today after the firm told shareholders that headline profit for 2011 would be at the top end of market expectations, continuing the positive sentiment surrounding the company that has helped to treble its share price over the last two years.

UK returns to growth in Q1, as expected The UK economy returned to growth in the first quarter of 2011, growing by 0.5%, an improvement of a full 1% on Q4 2010's contraction in GDP. There are a few positives to be read into the quarter's growth; firstly that the economy indeed grew and secondly that there were no negative surprises in the data, particularly as there had been some speculation in the market that there may have been. The quarter's feeble growth of 0.5% could convince the Bank of England that the economy may not be ready to digest a rate hike in the coming months however.

The GDP data gave sterling a good boost against the US dollar, with the GBP/USD rate rallying from $1.6445 to $1.6550, the high on the day at the time.

See how you can start spread betting with City Index at http://www.cityindex.co.uk/spread-betting/

Spread betting and CFDs are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

* Spread betting and CFD trading are exempt from UK stamp duty. Spread betting is also exempt from UK Capital Gains Tax. However, tax laws are subject to change and depend on individual circumstances. Please seek independent advice if necessary.

About City Index
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFD trading and, in the UK, financial spread betting.

We constantly look to widen the range of assets we offer, improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. Visit http://www.cityindex.co.uk/ for more information.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Greater London, England -- (SBWIRE) -- 05/05/2011 -- City Index (http://www.cityindex.co.uk/) takes a look at the activity affecting CFD trading and spread betting on 26th April 2011.

While the Easter break meant trading activity was likely to be more subdued than usual, last week's report from Autonomy has today (April 26th) resulted in its share price rallying.

The FTSE 100 company had taken fourth place on the premier stock index's leader board as of 09:37 BST following successful revenue boosts.

Indeed, Autonomy's share price had risen by 1.60 per cent, a 26-point gain on Thursday's close.

For the quarter ended March 31st 2011, revenues reached a record $220 million (£134 million) - a 13 per cent surge on the same three-month period in 2010.

Adjusted gross profits advanced 12 per cent compared to last year's corresponding quarter to hit $194.2 million.

High-profile contracts secured for new and existing customers included Toyota, Philip Morris International, Deutsche Bank and Morgan Stanley.

Commenting on the financial results, chief executive officer of Autonomy Dr Mike Lynch stated: "During the quarter we continued to see a record number of large deals, with continuing multimillion dollar deals in our promote and protect areas, reflecting the continuation of the macro recovery."

For more information on the latest market moving events, visit:
http://www.cityindex.co.uk/market-analysis/

Spread betting and CFDs are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

Spread betting and CFD trading are exempt from UK stamp duty. Spread betting is also exempt from UK Capital Gains Tax. However, tax laws are subject to change and depend on individual circumstances. Please seek independent advice if necessary.

About City Index
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, contracts for differences (CFDs) and, in the UK, financial spread betting.

We constantly look to widen the range of assets we offer, improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. Visit http://www.cityindex.co.uk/ for more information.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Spread betting provider City Index offer free daily market updates to keep traders informed of the latest market movements. Today, they look at the share price of Johnson and Johnson.

Greater London, England -- (SBWIRE) -- 05/03/2011 -- During trading on the New York Stock Exchange today (April 19th), the share price of Johnson and Johnson (J&J) has so far performed well.

As of 11:12 ET, its share price had risen by more than 2.7 per cent on yesterday's close.

The rally followed the publication of its first quarter 2011 results, which showed that sales increased by 3.5 per cent on the same period in 2010 to hit $16.2 billion (£9.9 billion).

Although domestic sales dropped by 0.6 per cent, their international counterparts stormed ahead by 7.3 per cent, supporting 4.1 per cent of operational growth.

Recently-launched products such as SIMPONI and STELARA were highlighted as contributing to the sales lift.

"The innovations we are bringing to the market, the changes we are implementing in manufacturing and quality and the dedication of the people of [the organisation], give us great confidence in the future growth prospects of our business," J&J chief executive officer and chairman William Weldon stated.

To get the latest financial spread betting news from City Index, visit: http://www.cityindex.co.uk/market-analysis/

Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

About City Index
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFDs and, in the UK, spread betting.

We constantly look to improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. For more information, visit http://www.cityindex.co.uk/.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Spread betting and CFD trading provider City Index release a daily market update to keep traders informed of key events. Today, they look at Intel Stock.

Greater London, England -- (SBWIRE) -- 05/03/2011 -- US stocks look set to open higher after the publication of the financial results of Intel.

It has been reported that US futures have advanced as investors look to the revenue boost experienced by the chipmaker.

Intel revealed that for the first quarter of 2011, its non-GAAP revenue increased by 25 per cent on the same three-month period last year to reach $12.9 billion (£7.9 billion).

This represents a 12 per cent rise from the fourth quarter of 2010. Operating income also soared by 25 per cent between the two corresponding quarters of this year and last to hit $4.3 billion.

Non-GAAP earnings per share lifted by five per cent on the quarter - and 37 per cent when compared to the same three-month period last year.

Reuters reported that as of 09:47 BST, the Standard and Poor's 500 Index futures were up by 0.8 per cent, with the same percentage lift experienced by Nasdaq 100 futures.

Dow Jones Industrial Average futures, meanwhile, increased by 0.5 per cent.

To get the latest spread betting and CFD trading news from City Index, visit: http://www.cityindex.co.uk/market-analysis/financial-news.aspx

Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

About City Index
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFDs and, in the UK, spread betting.

We constantly look to improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. For more information, visit http://www.cityindex.co.uk/.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Spread betting and CFD trading provider City Index release a daily financial news update to help traders make informed decisions about their trades. Today, the financial trading provider looks at the share price of LVMH.

London, England -- (SBWIRE) -- 05/02/2011 -- LVMH - the luxury group which contains brands Louis Vuitton and Moet Hennessey - has announced that in the first quarter of 2011, its revenue surged by 17 per cent.

During this period, revenue of €5.2 billion (£4.6 billion) was posted, an increase on the same quarter in 2010.

Double-digit organic revenue growth was experienced by all business segments within the group, with watches and jewellery (28 per cent) and wine and spirits (20 per cent) maintaining their momentum.

As of 11:37 BST today (April 19th), the share price of LVMH had increased by 3.96 per cent compared to yesterday's close.

Meanwhile, the French CAC-40 had lifted by 0.52 per cent during morning trading.

LVMH also revealed that a double-digit boost in organic revenue growth was witnessed for Louis Vuitton.

The fashion and leather goods division of the group lifted by 17 per cent, while its perfumes and cosmetics arm boosted revenue by nine per cent.

To learn more about spread betting and CFD trading with City Index, visit: http://www.cityindex.co.uk/learn-to-trade/

Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

About City Index
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFDs and, in the UK, spread betting.

We constantly look to improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. For more information, visit http://www.cityindex.co.uk/.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Greater London, England -- (SBWIRE) -- 05/02/2011 -- Spread betting and CFD trading provider City Index (http://www.cityindex.co.uk/) brings you the latest financial market news for April 19th

Operating revenue has rallied for Hargreaves Lansdown, which entered the FTSE 100 earlier this year.

The organisation revealed in its interim management statement for January 1st to April 15th 2011 that for the nine months ending March 31st, operating revenue stood at £150.3 million.

This is a 32 per cent increase on the same period in 2010, when operating revenue reached £113.9 million.

An interim dividend of £20.8 million was also paid out on April 6th and during the third quarter, the group stayed debt-free.

Following the news, Hargreaves Lansdown's share price had risen up the FTSE 100 by 1.74 per cent as of 09:46 BST.

Commenting on the results, chief executive of the financial services firm Ian Gorham said: "This year, earthquakes in the Pacific region, uncertainty around North Africa and the Middle East, looming spending cuts and flat stock markets should have formed a less-than-ideal backdrop for equity investment."

Learn more about spread betting at http://www.cityindex.co.uk/spread-betting/

Spread betting and CFDs are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

* Spread betting and CFD trading are exempt from UK stamp duty. Spread betting is also exempt from UK Capital Gains Tax. However, tax laws are subject to change and depend on individual circumstances. Please seek independent advice if necessary.

About City Index
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFD trading and, in the UK, financial spread betting.

We constantly look to widen the range of assets we offer, improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. Visit http://www.cityindex.co.uk/ for more information.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Greater London, England -- (SBWIRE) -- 05/02/2011 -- Giles Watts of spread betting provider City Index (http://www.cityindex.co.uk/) takes a look at the financial activity shaping the EU markets on 20th April 2011, including the FTSE's best day for nearly five months.

"The FTSE 100 Index enjoyed its best day for four and a half months as investors bought into heavyweight stocks bulled by some solid earnings across the pond and further gains in commodities such as Gold, which hit a new record high of $1500.

It's been a good news day with demand for stocks spread broadly across most sectors. It was the better than expected earnings from Intel last night that kicked things off, with Asian markets posting gains of 1.6% and this positivity continued into the European open. Tech shares were lifted right across Europe with ARM Holdings benefitting particularly with traders buying strongly into the company's shares expecting the firm to see similarly strong numbers to that of peer and bellwether Intel.

Similarly strong and forecast beating earnings from Yahoo, IBM and United Technologies have also added to the positive earnings sentiment, boosting investor confidence.

Strong gains in the prices of commodities, helped by the weaker US Dollar, such as Crude Oil and Copper have also lifted demand for heavyweight mining and energy firms. This is where much of the FTSE's charge has originated from along with bullish tech shares.

Later tonight investors will keep an eye on earnings out from Apple and American Express, where it will be interesting to see whether the former can continue is record performances.

Gold hits new all time record above $1500
The precious metal continued its surge higher today to reach a new all time record high of £1505. $1500 is a crucial psychological barrier that has now been surpassed and so a consolidation above this level could prepare the metal for a further push higher.

Considering investor appetite to buy into Gold within the broader context of current inflationary pressures, debt concerns and dollar weakness, there is every chance that the price of Gold could continue to push higher throughout the year."

Start spread betting with City Index at http://www.cityindex.co.uk/spread-betting/

Spread betting and CFDs are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

* Spread betting and CFD trading are exempt from UK stamp duty. Spread betting is also exempt from UK Capital Gains Tax. However, tax laws are subject to change and depend on individual circumstances. Please seek independent advice if necessary.

About City Index
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFD trading and, in the UK, financial spread betting.

We constantly look to widen the range of assets we offer, improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. Visit http://www.cityindex.co.uk/ for more information.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Sandy Jadaja, Chief Technical Analyst for spread betting and CFD trading provider City Index, takes a look at the week ahead for the FTSE 100, May Crude Oil, and the Dow Jones.

Greater London, England -- (SBWIRE) -- 04/29/2011 -- Last week's price action coupled with reversal patterns places the stock indices in a weak position for this week. Both the FTSE 100 and Dow Jones faced a wall of resistance giving the bears a chance to take these markets lower. The real question is if the current levels are going to be a short term barrier or instead turn into an intermediate term resistance area putting further pressure on the bulls to take these markets higher. Oil prices fell sharply but still remain above a key support level. If the May contract maintains its bullish stance then higher prices are still possible.

FTSE 100 stalling at 6050 resistance
The UKS FTSE 100 index lost -1% whilst struggling to break above the key level of 6050-6117. This resistance band has been holding the index back for several weeks now. Although technically the FTSE has now reached the 20 day Moving Average momentum studies are also trading sideways. Both indications suggest a pullback towards the 5850 level may be likely if the index does not clear above 6050 this week. The 6000 level is the main divider line and this week ahead should provide a clue to the intermediate trend once the market has decided which side to play with.

Dow Jones continues consolidations
Although the Dow Jones has trades sideways for the last two weeks it is the momentum indicator which may provide a clue for the near term direction. We notice that the indicator is under the recent high and the index is trading below the 12333 level. The current pattern may be sporting a "Double Top" if the index fails to clear 12333 very soon. Downside objectives are coming in at 12090 if weakness continues to drag the Dow Jones Lower. Unless a clean breakout above 12333 takes place then this index may prove to be much weaker than expected.

Crude Oil pulls back at the key $115 level
Still trading above $97 Nymex Crude Oil pulled back with a loss of -2.78% and creating a Pivot Low at $105.31 – If this low is violated this week then oil prices mat create an ABCD pattern t the $101 level. However the intermediate term charts still suggest that Oil price could continue to trade towards the upside and a bullish advantage would be to stay above the 20 day Moving Average whilst maintaining a rising momentum indicator. A failure at $115 could see oil start a consolidation between $115 - $101 for the month of April.

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