Visit http://www.cityindex.co.uk/learn-to-trade/ for more trading insights, seminars and webinars from spread betting and CFD trading provider City Index. Here, George Taylor brings you the key activity shaping the markets on 13th July 2011. Headlines include:
- European stock markets slipped in early trading Wednesday, extending their fall into a fourth straight session.
- Downgrade of Ireland’s status by Moody's Investors Service kept sovereign debt worries in focus, though stronger Chinese data helped limit the fall.
- Among early movers, KBC Group fell 3.8% after the group said it has asked European authorities to change its restructuring plan. French retailer Carrefour SA / fell 2.3% after a Brazilian bank withdrew funding support for its planned deal in Brazil and as the group also reported its second-quarter sales.
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