BetOnMarkets Daily Market Report (10th December)

Read the Daily Market Report from Dave Evans, Professional Trader


	Markets slip on China trade data Morning Report: 08.30 London • Financial markets have started the week on the back foot after Chinese trade balance data came in well below estimates. In addit ion, Australian home loan, Japanese consumer confidence, German trade balance and French industrial production have all come in below estimates. The dollar index is on the rise as risk appetite wanes. Click here to view full-sized image • The yen pairs have been on the move as traders seek out safer harbours. The USD/JPY is down 0.22%, with the GBP/JPY is the biggest mover, down 0.26%. Click here to view full-sized image Click here to view full-sized image Click here to view full-sized image • Gold is bucking the general negative trend, as is the NZD/USD which is the best moving dollar pair. Click here to view full-sized image Coming up today: • Coming up today, we have European Sentix investor confidence. • At 17.15, Bank of England Governor King speaks. Bet Idea: • Amid the ongoing worries surrounding the US fiscal cliff and Eurozone debt crisis, the New Zealand dollar has pushed higher relatively unaffected. Click here to view full-sized image • The Kiwi has performing strongly so far this month and there could be further upside to come. A HIGHER trade predicting that the NZD/USD will close above 0.835 0 in 4 days trade could return 113%. Click here to view full-sized image This is presented as an idea to stimulate fixed odds financial betting ideas and is not financial advice. Summary: Click here to view full-sized image

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