Read the Daily Market Report from Dave Evans, Professional Trader
 
 Markets rise on US budget hopes

Morning Report: 08.15 London


• Typical of a Monday morning, market movements have so far been tentative, with no unexpected news over the weekend. What movement there has been is on the positive side with stock market futures rising and ‘risk on’ currency pairs rising.


• The big winners so far has been gold, with the precious metal up by 0.47%.

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• The yen is also starting to claw back some of last week’s losses, falling 0.27% so far today.

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Coming up today:

• US existing home sales is the only top tier economic item today.

Bet Idea:

• The Australian dollar has shown some relative strength in recent days and there could be some further upside to come as the US dollar starts to slide.

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A HIGHER trade predicting that the AUD/USD closes above 1.0400 in 7 days could return 144% if successful.



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This is presented as an idea to stimulate fixed odds financial betting ideas and is not financial advice.

Summary: 


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