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BetOnMarkets Morning report

Discussion in 'Market Predictions and Reports' started by Erik, Apr 17, 2009.

  1. Erik

    Erik BetOnMarkets Representative

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    Please find below the Morning Report from David Evans, market analyst at BetOnMarkets.com

    The FTSE is currently indicating a flat open as traders are waiting to hear what Mr Trichet and Bernanke have to say regarding the economy before deciding where the market is going. The FTSE has a very good chance to open the last day of the week on a positive note.
    Crude oil is currently trading below the 50 dollar mark, and is poised for the biggest weekly decline since February, amid forecasts the recession will curb demand at a time when U.S. inventories are already at their highest in almost 19 years. There is a risk that oil will test the 48 dollars per barrel mark

    Predicted opens as of 06:00 GMT
    FTSE: 4062.9 (+10.1)
    DAX30 4624.5 (+24.50)
    DOW: 8083 (-34)
    Gold: 874.55 (+1.80)



    BetOnMarkets.com is the worlds leading fixed odds financial trading website. Since inception in 2000 it has processed over 15 million trades on financial indices, UK and US equities, gold and currencies. Over 130,000 clients have the ability to place trades from 1 to 25,000 GBP.


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