Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
61% of retail CFD accounts lose money. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at https://etoro.tw/44JRWLY
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
61% of retail CFD accounts lose money. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at https://etoro.tw/44JRWLY
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% 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.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
61% of retail CFD accounts lose money. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at https://etoro.tw/44JRWLY
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
61% of retail CFD accounts lose money. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at https://etoro.tw/44JRWLY
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% 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.
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Friday Morning Markets: FTSE Edges Lower After Retail Sales Data, US Tech Selloff
The FTSE 100 is edging lower in early trade following a US tech selloff, with oil-linked shares higher and September's UK retail sales reported down 0.4%.
The FTSE 100 is down 0.4% in early trade on Friday, tracking a Wall Street tech selloff. The FTSE 250 is 0.1% lower, the DAX is down 0.5%, the CAC 40 is down 0.7% and the Stoxx 50 is down 0.5%.
Oil offsets the tech drag
FTSE.INDX
Oil is the offset. Brent, the international crude benchmark, is up 0.7% at $113.96 and WTI is up 1.1% at $100.57, lifting BP and Shell, as well as Ithaca Energy, Harbour Energy and EnQuest.
The oil price rise comes amid continued reports regarding strikes on Iran. The Telegraph reported that unnamed officials say the US and Israel have drawn up plans for fresh strikes on Iran after the US midterms in November.
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Retail sales slip
UK retail sales fell 0.4% in September, more than the expected 0.1% decline and below the previous reading of 0.7%. Burberry is down 2.16%.
FTSE 100 risers and fallers
Anglo American is up after Bank of America upgraded it to buy. Rolls-Royce is the sharpest faller.
Company
Price
Change
BP (LON: BP.)
624.35p
+2.01%
Ithaca Energy (LON: ITH)
294.80p
+1.73%
Weir (LON: WEIR)
2504.00p
+1.46%
Anglo American (LON: AAL)
3674.00p
+1.32%
Shell (LON: SHEL)
3939.50p
+1.31%
Rolls-Royce (LON: RR.)
1218.90p
-3.22%
Computacenter (LON: CCC)
4715.00p
-2.28%
Burberry (LON: BRBY)
1063.00p
-2.16%
In the FTSE 250, WAG Payment Solutions is down 7.13%.
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Rio Tinto is slightly lower after saying it will invest $1.9bn in Queensland’s Kangwinan bauxite project, the ore used to make aluminium, with first output targeted for 2029.
Unite edged up after agreeing to sell the academy school at its Hawthorne House development in London for £40.7m.
Gold is down 0.4% at $4,010 and sterling is down 0.2% at $1.3380 against the dollar.
Sam is a trader and lead stock market writer at AskTraders. After starting his career in the forex market, Sam now focuses on stocks, specifically consumer staples.
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