Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68.61% 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.
Fitch followed Standard & Poor's and cut its ratings outlook on the UK to negative from stable yesterday.
President Biden says he is disappointed by the latest OPEC+ cut and suggests more releases from the SPR are possible. This after previously suggesting the releases would be ended in the next few weeks, as reserves are already down to the lowest levels since 1984.
The FT suggests Goldman is among those looking to acquire assets being sold by UK pension funds, which still need to boost liquidity after the recent concerns over the UK mortgage market.
German industrial orders have come in down 2.4 percent, worse than the -0.7% forecasted for August.
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Please note that the presented content refers to the Oval group which contains two legal entities: Monecor (London) Limited authorised and regulated by the UK Financial Conduct Authority (FCA) with Financial Services register number 124721. Monecor (Europe) Limited authorised and licensed under the Cyprus Securities and Exchange Commission (‘CySEC’) with license number 096/08.