FTSE opens negative before trading up - 25 October

Watch the latest market update from the trading floor of City Index (http://www.cityindex.co.uk/) on 25th October 2011 with Alexandra Coote, including news of:

- The UK 100 opened negative this morning and is now trading up by 20 points.

- The DAX is up 13 points, the CAC is marginally up by 1 point and Dow Futures are currently trading down by 15 points.

- Britain's top share index is seen retreating on Tuesday from the two-and-a-half-month closing high hit in the previous session, according to financial bookmakers, with investors pocketing gains ahead of Wednesday's summit aiming at resolving the eurozone debt crisis.

- In currencies, GBP/USD is currently trading at 1.6000, EUR/USD is trading at 1.1492 and USD/JPY is trading at 76.12.

- Gold is trading at $1651 and US Crude oil for December delivery is trading at $92.34 .

- In economic data, UK GDP figures will be released at 9.30am (UK time), followed by US durable goods orders at 1.30pm and US new home sales at 3pm (UK time).

Learn more about spread betting at http://www.cityindex.co.uk/

Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.