Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.99% of retail investor accounts lose money when spread betting or trading CFDs with this provider. You should consider whether you understand how spread bets or CFDs work and whether you can afford to take the high risk of losing your money.
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Daily Markets News - 27 September

Written by
OvalX team
Published on
September 27, 2022

Virgin Money and Skipton Building Society withdrew their full mortgage offerings yesterday, citing the market volatility, expecting to relaunch next week, while Halifax pulls many of its fee-paying mortgage products, which tend to come with a lower interest rate.

The Dow Jones Industrial Average dropped one percent yesterday, taking it down 20 percent from its January highs. This means the oldest US stock average has fallen into a technical bear market.

Bookrunners see the Porsche IPO coming in at the top end of the range, valuing the brand at up to €75bn. Books are due to close September 28.

Sweden warns it has found two leaks of the Nord Stream 1 pipeline in Swedish and Danish waters.

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