Sentiment on the stock markets today remain for corrective movements, risks that are traded are Greece and possible worse employment data in the nonfarm payroll sector of the US on Friday.
Data yesterday showed worse values for employment in the private sector of the United States. This means that the data in the nonfarm payroll sector on Friday may be worse. As we know the markets in Europe and the US rest on Friday, and this can lead to caution and closing of long positions in order to minimize the risk of bad data when markets rest.
Inability of Greece to negotiate with their creditors for the next tranche of aid increased speculation that on 9 April, the country will be unable to meet its obligations under certain maturing bonds. On the other hand each quarter before the financial statements , technical adjustment at stock indices are observed.
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.