Tag Archives: City Index

City Index Asia Wins Best CFD Provider for 2013

SINGAPORE–(Marketwired – April 28, 2013) – City Index, a leading provider of CFD and forex trading has been awarded ‘Best CFD Provider‘ by the Global Banking and Finance Review, a widely followed independent online information portal.

This prestigious award follows an extremely successful year for City Index, which launched several key products and campaigns over the last twelve months — including its cutting edge CFD trading platform Advantage Trader.

Catered especially to seasoned traders, Advantage Trader offers an impressive range of customisation options, a plethora of built in trading strategies, a variety of powerful trading tools such as Deal Through Charts, and risk management tools. Clients can now trade CFDs and leveraged forex using some of the industry’s slickest mobile trading applications on popular smartphones and tablet devices.

City Index is also leading the path for investor education. The firm offers unrivalled expert support, incisive market insights and technical analysis, as well as a recently launched whitepaper penned by some of the best analysts in the business.

If you’re looking to start trading CFDs or leveraged forex, you should thoroughly research the market you wish to trade. Never invest more than you can afford to comfortably lose. With margin trading, losses may exceed your initial deposit.

CFD trading and FX are leveraged products & can result in losses exceeding your initial deposit

Contact:
Joshua Raymond
City Index
+44(0)20-7107-7002
joshua.raymond@cityindex.co.uk

How Will You Trade Forex After Currency Wars Dominates G20 Summit

LONDON–(Marketwire – February 19, 2013) – Currency trading seems to be on the top of traders’ minds and portfolios, with the British pound experiencing volatile swings just days after world leaders resolved to stand firm against currency wars in the G20 Summit held in Russia over the weekend.

The week opened with the Queen’s currency sliding to a seven-month low against the US dollar and also traded at a 15-month low against the euro on Monday, February 18, over renewed fears about the health of the UK economy and concerns that the UK may lose its AAA rating this year.

Spread betting could be a way of taking a position on the future direction of a country’s currency, with investors able to profit irrespective of whether a currency (for example the British pound) rises or falls against a basket of currencies, such as the euro or US dollar.

Where next for the Queen’s currency?

Sterling’s tumble follows comments from BoE policymaker Martin Weale over the weekend that the currency may need to weaken further to make the UK more attractive for exports.

Spread betting can be a great alternative to conventional forex trading, enabling investors to profit from any movement in currency prices, with all gains being free from UK Capital Gains tax*. With spread betting, you can profit irrespective of whether a currency, such as the British pound or US dollar, rises or falls in value against another currency. If you expect a currency to rise in value against, say the US dollar, you simply go long or buy GBP/USD. Alternatively, if you expect the pound to fall in value, you go short or sell GBP/USD.

You will make a profit so long as prices move in the direction you had anticipated. However, if prices move against you, you would net a loss that could exceed your initial deposit if you do not manage your risk with tools such as guaranteed stop losses.

Find out more about spread betting with financial spread betting provider Finspreads.

With spread betting your losses are magnified in the same way as your gains if the market moves against you and can result in losses exceeding your initial outlay. Please ensure you fully understand the risks involved.

*Spread betting is exempt from UK Stamp Duty. All profits are also currently free from UK Capital Gains tax. However, tax laws are subject to change.

Contact:
Joshua Raymond
City Index
+44(0)20-7107-7002
joshua.raymond@cityindex.co.uk

Technical Analysis in 60 Seconds With City Index Singapore

SINGAPORE and LONDON–(Marketwire – February 15, 2013) –  Many traders of CFDs and FX choose to ignore the whispers of major news stories and economic events when trading the financial markets. Instead, they look at the charts themselves, analysing the peaks and troughs in order to determine future trends. They’re called technical analysts, and this article will sum up the basics of this type of trading analysis — hopefully in about 60 seconds.

Technical Analysis vs. Fundamental Analysis

Technical traders only consider the historical movement of prices when opening a position in the market. They’re not interested in news events or economic data in the same way a fundamental analyst would be. Instead, they owe themselves to the opinion that all the insight is contained in the price itself. Technical traders therefore rarely stray from the charts, a strategy criticised by some who feel the approach is too shallow.

Chart Patterns

When analysing the charts, technical analysts typically look for signals and patterns in the price movement that help them to determine entry points.

These patterns often signal potential reversals in the market, and provide technical analysts the rhyme and reason to open a trade. Common patterns include the head and shoulders, the reverse head and shoulders, the double top/bottom, and the ascending/descending triangle.

Support and Resistance

The concept of support and resistance forms a key part of strategic and effective technical analysis.

The support price acts as a floor, and stops a price from falling any lower. Each time a price approaches or ‘tests’ a support price without breaking below it, the stronger the support is considered to be.

Therefore, technical analysts can use support prices to ascertain the price range of a given market. The reverse is true for resistance, which acts as a ‘roof’, containing rising prices in a period of uptrend.

Whichever type of trader you are, the financial markets can be volatile and risky. Ensure you read up on your chosen market beforehand, utilise strict risk management and never invest more than you can afford to lose. With margin trading, losses may exceed your initial deposit.

CFDs and margined Forex contracts are leveraged products and may result in losses exceeding your initial outlay.

Contact:
Joshua Raymond
City Index
+44(0)20-7107-7002
joshua.raymond@cityindex.co.uk

Coca-Cola and PepsiCo Post Results — Is the Fizz Running Out of the Food & Beverage Sector?

LONDON–(Marketwire – February 14, 2013) – The food and beverage sector has been at the forefront of traders’ minds this week, with the world’s largest soft drinks maker Coca-Cola announcing results on Tuesday, 12 February, and peer PepsiCo reporting later today.

Coca-Cola shares fell following its results announcement, with the company missing analyst expectations for fourth quarter revenues. Revenues grew 4% to $11.46 billion, missing consensus forecasts for a sharper rise to $11.53 billion. Despite the miss, Coca-Cola remains confident that it will meet its full-year global volume growth targets of between 3% and 4%. Analysts are widely expecting PepsiCo to announce a 0.8% rise in revenue to $19.7 billion, and a 9% slide in earnings per share to $1.05 — its fourth consecutive quarter of declining profit growth.

The Pepsi Challenge

If PepsiCo’s results slide below analyst estimates, this could disappoint investors and put downward pressure on the stock, pushing prices lower in the coming days. However, if the results beat expectations, this could have a positive impact on Pepsi’s share price.

Spread betting can be a great way of taking advantage of the share price moves of companies such as Coca-Cola and PepsiCo, especially during earnings season. With spread betting, you can make a profit irrespective of whether a company’s share price moves up or down. If you expect prices to rise, you go long or buy the company’s shares. If, however, you expected shares to fall, you simple need to go short or sell the company’s shares. If you were right and prices move in the direction you had anticipated, you would net a profit. However, if prices move against you, you would net a loss that could exceed your initial deposit if you do not manage your risk.

To potentially profit from any positive or negative price movement in PepsiCo shares when it posts results today, all you need to do is determine whether you expect prices to rise or fall following the results announcement and take a position accordingly.

Find out more about spread betting with financial spread betting provider City Index.

With spread betting your losses are magnified in the same way as your gains if the market moves against you and can result in losses exceeding your initial outlay. Please ensure you fully understand the risks involved.

Contact:
Joshua Raymond
City Index
+44(0)20-7107-7002
joshua.raymond@cityindex.co.uk

Fundamental Analysis in 60 Seconds With City Index Singapore

“Charts Are Great for Predicting the Past”

SINGAPORE–(Marketwire/ Asianet Pakistan – February 11, 2013) – Whatever type of trader you are, it’s crucial to gain as wide and accurate a picture as possible before opening a position in your chosen market.

Where technical analysis looks at price movement and patterns in the charts, fundamental analysts aim to ascertain the overall value of a market by looking at the surrounding factors.

This article aims to give you a 60-second brief on the basics of fundamental analysis.

Determining value
Fundamental analysts pay close attention to news briefings, economic data and earnings reports, as these types of information help them to determine the value of a particular market. Typically, they’ll want to know how much a company earns, whether it’s in debt, its dividend structure and profit forecasts.

Earnings
In order to determine the true value of a market and to better understand the potential movement of its price, fundamental analysts hold earnings in important regard.

If a company earns more than it originally projected, its market price is likely to rise. Once these earnings figures are released to the public, positions can be opened to take advantage of any uptrend that emerges. Higher earnings figures mean a higher intrinsic value of a market which is of interest to fundamental investors.

Economic Health
The health of a nation’s economy is crucial to fundamental analysts, particularly for those trading foreign exchange.

If a country announces higher than expected unemployment figures, market prices typically take a tumble. If a Government announces measures that may affect GDP, spending, interest rates or other economic factors, prices may also make big moves.

Fundamental analysts keep thoroughly up to date with broader global commercial events, and often use them in conjunction with basic technical analysis to ensure they’re opening the right positions.

Unfortunately, there are times when the market moves against us. Never invest more than you can afford to lose, employ tight risk management and never let your emotions get the better of you when trading CFDs or forex.

CFDs and margined Forex contracts are leveraged products and may result in losses exceeding your initial outlay.

Contact Information

Contact:
Joshua Raymond
City Index
+44(0)20-7107-7002
joshua.raymond@cityindex.co.uk

VMware Reveals Meagre Profits and 900 Job Cuts — City Index Asia

SINGAPORE–(Marketwire – February 4, 2013) – City Index Asia — Virtualisation specialist VMware has announced a meagre increase in quarterly profits of just two per cent, despite sales being up by 22 per cent.

The firm, which is currently led by ex-Intel executive Pat Gelsinger, has also stated that 900 jobs are set to go.

Despite the impressive increase in revenue, profits were only up by three per cent to $745 million compared to the same period last year.

Chief executive officer Gelsinger remained upbeat about the results, and said he was confident the fortunes of the company would soon turnaround.

He said: “2012 was a strong year for VMware, with solid Q4 results despite a tough economic environment. We see a tremendous market opportunity in 2013 and beyond, as we focus on what our customers value most, VMware’s role as a pioneer of virtualisation technologies that radically simplify IT infrastructure from the datacenter to the virtual workspace.”

Investors failed to share his optimism on the markets however, with VMware’s shares plummeting by 21.54 per cent at the end of trading in New York yesterday (January 29th).

Learn about the markets and find CFD trading tips at City Index Asia.

About City Index:

Contracts for Difference (CFDs), unlike other forms of traditional trading, enable you to go short so you can potentially profit from falling prices as well as rising markets. As CFDs are a leveraged product, you can potentially enhance your return on investment.

At City Index, you can take advantage of the volatility and liquidity of the world’s largest market, trading spot FX on margin — in USD. Match your trading style with our customisable trading platform, wide range of FX pairs, adaptable lot sizes, interactive charting packages and variable leverage retail Forex offering.

This information is intended for general circulation only. It should not be construed as an investment advice or offer or solicitation to buy or sell any financial products.

CFDs and margined Forex contracts are leveraged products and may result in losses exceeding your initial outlay.

Contact:
Joshua Raymond
City Index
+44(0)20-7107-7002
joshua.raymond@cityindex.co.uk

Strong Manufacturing Data Pushes Markets Higher Ahead of US Payroll Figures — City Index UK

LONDON–(Marketwire – February 4, 2013) – City Index UK: Most European markets pushed higher on Friday as investor risk appetite increased following strong Chinese data which underpinned mining stocks, and on encouraging European manufacturing figures. Spanish markets bucked the trend after a short selling ban was lifted and the IBEX declined 1.5%.

Read Full Article by Fiona Cincotta at cityindex.co.uk: Strong manufacturing data pushes markets higher ahead of US payroll figures

Although the manufacturing figures for Europe showed that the sector continued to shrink in January, it was at the slowest pace for 11 months. The figure was expected at 47.5 against last month’s 46.1, but actually beat expectations at 47.9. Germany specifically saw its manufacturing output rise to 49.8 — an 11-month high and just shy of growth which is reported at a figure above 50. Spain also reported a 19-month high at 46.1. The industrial sector was very much a drag on the Eurozone economy last year; however, this PMI looks like this could be the start of a turnaround. On a negative note France sank to a four-month low at 42.9 which is of some concern.

Manufacturing data from China was slightly contradictory, with the HSBC figure coming in ahead of expectations whilst the standard manufacturing PMI was slightly worse than expected. Importantly, however, both figures were over 50 — showing that growth had returned to the world’s second largest economy. The mining sector found support in these figures, with Vedanta and Fresnillo both trading over 2% higher. Read more…

About City Index:

City Index’s unique online trading platform enables you to spread bet and trade CFDs. Our live CFD trading App for the iPhone(tm) provides you with full and secure access to your City Index CFD trading account, whenever and wherever you want.

Our App, formerly known as City Trading, has won numerous awards since its launch in 2009. City Trading was awarded the Money AM ‘Best Mobile Trading Platform’ for 2010 and 2011, Financial Times and Investors Chronicle Award for ‘Innovation of the Year (Mobile)’ 2010 and, more recently, the Shares Magazine ‘Best Online Trading Application’ Award for 2011.

Your losses are magnified in exactly the same way as your gains if the market moves against you and can result in losses exceeding your initial outlay. Please ensure you fully understand the risks involved.

Contact Information

Contact:
Joshua Raymond
City Index
+44(0)20-7107-7002
joshua.raymond@cityindex.co.uk

Nikkei Reaches 33-Month High — City Index Asia

SINGAPORE–(Marketwire – January 31, 2013) – City Index Asia — Stocks in Japan were given a huge boost on Wednesday (January 30th), as its Nikkei share average climbed above the 11,000 points mark for the first time in 33 months, with exporters making gains, along with the real estate sector, as the country prepares for more monetary easing by the Bank of Japan.

At the close of trading in Tokyo, Yahoo Japan Corp and Softbank Corp made gains of 17.14, and 3.59 per cent respectively.

Real estate companies also climbed, seeing gains of 3.5 per cent, making it the top sectoral performer, with many investors expecting Japan’s central bank to step up its policy of monetary easing, as part of prime minister Shinzo Abe’s plan to boost the country’s economy.

The expectations surrounding Mr Abe’s policies have caused the Nikkei to rise by 28 per cent since they were announced in mid-November.

At the end of trading in Tokyo on Wednesday, the Nikkei had risen by 247.23 points to 11,113.95, a gain of 2.28 per cent.

About City Index:

Foreign exchange, also known as FX or Forex, is the simultaneous buying of one currency and selling of another at an agreed exchange price on the over-the-counter market.

Forex is the world’s largest financial market, with an average volume of US$ 4 trillion per day. Compare this to the New York Stock Exchange, which has a daily turnover of US$50 billion, and it’s easy to see how the worldwide Forex market is the biggest financial market in the world.

What makes FX attractive?

FX markets and prices are mainly influenced by international trade and investment flows. To a lesser extent, FX prices are also influenced by economic and political conditions, such as interest rates, inflation, and political instability (the same factors that influence the equity and bond markets). This means that currency prices are constantly fluctuating in value against each other, offering multiple trading opportunities.

This information is intended for general circulation only. It should not be construed as an investment advice or offer or solicitation to buy or sell any financial products.

CFDs and margined Forex contracts are leveraged products and may result in losses exceeding your initial outlay.

Contact Information

Contact:
Joshua Raymond
City Index
+44(0)20-7107-7002
joshua.raymond@cityindex.co.uk