In today’s Spreadbetting perspective, Connor Campbell, Financial Analyst, Spreadex, shares the outlook and how their clients are positioned in the FTSE 100, Dow Jones Industrial Average, Tesco PLC (TSCO.L), Poundland Group PLC (PLND.L) and Debenhams (DEB.L).
Key Points
FTSE 100: No one really buying the FTSE above 6200. Clients reluctant to buy the index.
Wall Street/DJIA: Could be a difficult week for the Dow, plenty of obstacles ahead.
Tesco: Nearing 5-month highs.Clients buying around the 190 mark, probably heading around 2GBP
Poundland: Seen buying around 140, but selling around 170.
Debenhams: Clients on the side of buying
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