Marketplace Strategist Joshua Raymond of spread betting provider City Index (http://www.cityindex.co.uk/) shares his industry insights on the morning of 28th February, such as news of disappointing earnings from HSBC and Related British Foods.

“Disappointing earnings from HSBC and Related British Foods along with continued tension over the scenario in Libya and the Middle East has weighed on European indices this morning, forcing the FTSE 100 and DAX each lower in between .1% – .3%.

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Forex also identified as foreign exchange market is a common form of trading that takes place in a forex industry. It was established with the aim of exchanging large volumes of currencies making it possible for traders to access the kind of currency they are interested in. This has nonetheless changed with time as folks now engage in the currency trading to make profits from the performances of the different currencies in the industry by way of the acquiring and selling processes.

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