Prepare for Nonfarm Payroll Report with Narrow Spreads at City Index

LONDON, August 31, 2011 /PRNewswire/ --

Friday 2^nd September sees the release of the nonfarm payroll report for August 2011. The distribution of the U.S. jobs data traditionally causes volatility and spikes in major markets such as Wall Street (Dow Jones), USD/EUR, USD/JPY and USD/GBP.

Award-winning spread betting provider City Index (http://www.cityindex.co.uk/) offers tight spreads on these markets to help traders take advantage of the anticipated volatility following the nonfarm payroll report. The narrow spreads include:

Wall Street Rolling Spread - 1 point
UK 100 Rolling Spread (FTSE 100) - 1 point
Euro/US Dollar Rolling Spread - 1 point
British Pound/US Dollar Rolling Spread - 2 points

To learn more about the impact of the nonfarm payroll report, follow City Index's daily market commentary at

http://www.cityindex.co.uk/market-analysis/market-commentary.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 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/spread-betting/ for more on financial spread betting.

SOURCE City Index

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