Spread Betting Strategies - Utilising the Economic Calendar

LONDON, July 11, 2011 /PRNewswire/ --

Whatever your spread betting strategy, it is vital that you can foresee forthcoming financial events that may affect your trading. If you do not know when a company reports on its profits, or the house price index will be released, how can you predict what will happen to your markets? To keep traders aware of announcements and events, spread betting provider City Index (http://www.cityindex.co.uk/) publishes an economic calendar every Friday with the next fortnight's noteworthy dates.

The economic calendar is an ideal tool with which to support your market analysis. For example, if you had been researching the Dow Jones and believed it was set to rise, you might check the economic calendar just to confirm whether or not there is data coming out from the US which may have an impact.

The content available in the City Index economic calendar is provided by Econoday Inc and offers global coverage of the latest economic events and indicators. See the latest edition at:

http://www.cityindex.co.uk/market-analysis/economic-calendar.aspx

To find out more about developing a spread betting strategy, visit the learn to trade section of City Index: 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, CFD trading and, in the UK, financial 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. Visit http://www.cityindex.co.uk/ for more information.

SOURCE City Index

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