BetOnMarkets Daily Market Report (11th December)

Read the Daily Market Report from Dave Evans, Professional Trader


	Markets slow after mixed data. Morning Report: 08.30 London • Markets are sluggish this morning after mixed economic data overnight. In the UK, the RICS house price balance dropped more tha n expected, while Chinese new loans came in lower than estimates. • Gold is the main mover, down 0.2% as the precious metal struggles to rebound from recent falls. Click here to view full-sized image • The NZD/USD is the pushing higher, continuing the recent upwards trend. Click here to view full-sized image • The euro is also fairly stable, rising slightly this morning. Click here to view full-sized image Coming up today: • Coming up today, we have German ZEW economic sentiment at 10.00, with European economic sentiment released at the same time. • At 13.30, we have US and Canadian trade balance with both expected to drop from last month’s measure. Bet Idea: • The USD/CAD has continued to drift lower in recent days, with the October lows now a medium term target. Click here to view full-sized image A good way to play this could be a LOWER trade predicting that the USD/CAD closes below 0.9850 in 7 days time for a potential return of 142% 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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