Simon Denham, Capital Spreads

Morning commentary: Capital Spreads

Simon Denham is Chief Executive Officer of Capital Spreads’ AIM-listed parent company, London Capital Group. He founded Capital Spreads in 2003 having previously run the options and derivatives desk at another large spread betting firm. During his 25 years in the City he has held senior positions in a number of banks, including Christiania Bank, Bank of Nova Scotia and the Union Bank of Finland, and has built-up in depth experience of the financial markets.

Read more of Simon’s commentary at www.capitalspreads.com

The Germans continue to kick up a fuss

3 February 2012
The Germans continue to kick up a fuss about the ECB’s involvement in Greece’s debt restructuring as they refuse to let the eurozone’s central bank take haircuts on their share of the Greek bonds they’ve bought recently.

Markets staged decent gains yesterday

2 February 2012
Markets staged decent gains yesterday as manufacturing numbers across the board showed encouraging signs that all is not lost in the industrial sectors around the world.

RBS remains in the headlines

1 February 2012
RBS remains in the headlines as “Mr” Feed Goodwin is stripped of his knighthood. It comes as little surprise and really probably could have come sooner with the benefit of hindsight.

One nil to the bulls

31 January 2012
The first month of 2012 draws to an end and its one nil to the bulls. The month has had its ups and downs but overall a bit of a bullish slant has taken many investors by surprise.

RBS CEO bows to political pressure

30 January 2012
It was almost inevitable that the RBS CEO would bow to political pressure to give up his annual bonus following the decision by the Chairman to waive his and the political pressure that had mounted.

Our Dave hasn’t been making many friends in Europe recently

27 January 2012
Our Dave hasn’t been making many friends in Europe recently and his speech at the World Economic Forum in Davos yesterday didn’t endear him any further.

Markets on the up as they continue to see-saw with the boost from US markets

26 January 2012
Markets are on the up this morning as they continue to see saw with the boost, this time coming from US markets.

Business leaders meet as the annual World Economic Forum gets underway

25 January 2012
Business leaders meet for a bit of skiing and discussion in Switzerland today as the annual World Economic Forum in Davos gets under way.

Regulation after regulation

24 January 2012
Regulation after regulation has been announced by this Coalition government, and they are in danger of passing more legislation and new rules than many of the previous administrations.

Markets remain optimistic Greek debt bond holders & authorities will reach agreement

23 January 2012
The markets remain optimistic that the talks between bond holders of Greek debt and the authorities will reach an agreement, even though expectations have been that the talks would have concluded by now.

Glimmers of hope for the eurozone on display

20 January 2012
Some glimmers of hope for the eurozone were on display yesterday when a few important bond auctions were successfully undertaken.

UK walking a credit worthiness tight rope

19 January 2012
In this column we have highlighted before how the UK is walking a credit worthiness tight rope at the moment. Whilst it remains one of the few Western economies left with a triple A credit rating the agencies have been vocal in saying that they are closely watching our position.

UK walking a credit worthiness tight rope

Markets continue to remain strong in the face of mounting concerns over the European debt crisis

18 January 2012
Markets continue to remain strong in the face of mounting concerns over the European debt crisis. The FTSE is up some 2 percent so far this year and any dips seem to be met with decent support and buying that takes us back towards the highs.