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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

UK exits recession

In the UK, gross domestic product rose 0.6% in Q1 QoQ, beating the forecast of the forecast of 0.4%.

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The FTSE 100

The FTSE 100 is poised to post a third straight week of gains; the FTSE 100 and DAX trade at record highs. In the UK, gross domestic product rose 0.6% in Q1 Quarter-on-quarte (QoQ), beating the forecast of the forecast of 0.4%.. Industrial production increased by 0.2% MoM, which was also better than expected.

Michigan consumer sentiment

Over in the US, the market awaits Michigan consumer sentiment for the month of May, forecast to fall to 76 from 77.2 the previous month.

British Airways

British Airways owner IAG posted an operating profit of €68 million in Q1, beating the forecast of €49 million. The group expects a positive, long-term, and sustainable demand for travel.

Oil

Oil prices rebounded on Thursday. Traders now eye the latest Baker Hughes data. Last week, the total rig count fell to 605 from 613 the previous week. The number of operating oil rigs fell by seven to 499.

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