BetOnMarkets Daily Market Report (14th September)

Read the Daily Market Report from Dave Evans, Professional Trader


	Markets extend rally after Bernanke turns on print press Morning Report: 08.00 London • Markets are in full rally mode this morning, following through on yesterday’s push higher. The euro is leading as traders bet that Draghi’s plans will finally be enough to draw a line under the euro crisis. • The EUR/JPY is the morning’s biggest mover, up 0.60%, with the EUR/USD up 0.46%. The dollar index has plunged to new multi month lows. Click here to view full-sized image Click here to view full-sized image Click here to view full-sized image • The AUD/JPY is up another 0.5% as the yen dips by 0.15% against the US dollar. Click here to view full-sized image • Gold continues to climb, up 0.42% this morning. Click here to view full-sized image Coming up today: • Coming up today we have European CPI data at 10.00, with the ECOFIN meeting running throughout the day. • US CPI and retail sales follow at 13.30, with capacity utilisation and industrial production at 14.15. Prelim UoM consumer sentiment follows at 14.55. Bet Idea: • It seems like its full steam ahead for the euro at the moment as the EUR/USD rallies for the fourth straight day. The EUR/JPY has lagged of late due to the strength of the yen, but the pair could play catch up over the week few days. span> Click here to view full-sized image A good way to play this might be a HIGHER trade predicting that the EUR/JPY closes above 101.50 in 3 days time for a potential return of 197%. 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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