FTSE 250 house builder Barratt Developments released a statement that sales have been strong since the start of the year, and losses amounted to £4.6m compared to £178m losses last year. The firm has cut its net debt by 11 per cent to £537m. It is forecast to fall to £400m within a few months. On the technical side, the relative strength index is above 70, which could suggest the lasting uptrend. This could continue if 93p remains a key support level. Capital Spreads quotes 101.1p–101.6p.
WorldSpreads offer spread betters the ability to trade the differential between Brent Crude and WTI West Texas Intermediate, which in the last 6 months has gone from a spread of 50 cents to over $15 late last week. WorldSpreads offers Brent/WTI April US$13.79–$13.84.
Last week’s comments from ECB officials about inflation in the Eurozone have given the single currency a timely boost, however the Swiss franc continues to act as a safe haven in the face of tensions in the Middle East. As a result the Swiss franc continues to make gains, breaking through the key SFr1.2780 level and looks set to test towards its all time highs seen at the end of last year. CMC Markets offers euro-Swiss franc spread SFr1.27821-SFr1.27851.