London, England -- (SBWIRE) -- 04/25/2011 -- City Index takes a look at the activity shaping the spread betting markets on 13th April 2011.
The Stoxx 600 Europe Index has recovered after tumbling yesterday (April 12th) following the news that Japan had increased its nuclear radiation warning to the highest possible level.
Bloomberg noted that as of 09:10 BST in London, the stock index had advanced by 0.4 per cent after falling by 1.7 per cent on Tuesday.
Since February 17th - when the index traded at a high - it has retreated by 4.7 per cent, it explained.
Furthermore, the FTSE 100 was up by 0.84 per cent as of 11:26 BST to trade on 6,014.83 points following the publication of the latest employment data from the Office for National Statistics.
The figures revealed that for the three months to February 2011, the unemployment rate was down by 0.1 per cent on the quarter for the economically active population.
Meanwhile, the employment rate for 16-64-year-olds for the same three-month period stood at 70.7 per cent, a 0.2 per cent advance.
As of 11:40 BST, the French-CAC was up by 0.73 per cent and the German DAX had rallied by 1.03 per cent ten minutes previously.
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.