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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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.

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IG Spread betting and CFD Trading

Oil prices hit a three-month low

Oil prices fell to a three-month low on Tuesday. Several factors can explain this weakening of oil prices: OPEC+ agreed on Sunday to extend most of their oil output cuts into 2025 but left room for voluntary cuts.

2024-06-04T08:19:40+0100

IG Spread betting and CFD Trading

US job data and an ECB rate decision are in sight

An ECB rate cut is also widely expected on Thursday. The main refinancing rate is forecast to fall to 4.25%. The deposit facility rate is also seen falling by 25 basis points to 3.75%.

2024-06-03T08:11:55+0100

IG Spread betting and CFD Trading

The Fed remains cautious

One other comment stood out. Atlanta Fed President Raphael Bostic was on CNBC on Wednesday, and for him, rates should likely not be reduced until the fourth quarter of this year.

2024-04-04T08:08:37+0100