BetOnMarkets Daily Market Report (28th September)

Read the Daily Market Report from Dave Evans, Professional Trader


	Euro fears ease ahead of Spanish stress tests Morning Report: 08.15 London • Markets have continued their positive bias this morning ahead of the expected release of stress tests for Spanish banks. No surprises are expected here, but anything can happen in these markets. • The dollar index continues to drop, as the Greenback is hit by a combination of improving global sentiment and weakish US data. This is helping Gold to push back to the highs and dollar pairs such as the NZD/USD to test recent resistance points. Click here to view full-sized image Click here to view full-sized image Click here to view full-sized image • The ongoing dollar weakness is helping the USD/JPY to fall for its eight straight session. Click here to view full-sized image Coming up today: • Today we have the Spanish bank stress tests due at some point today. • In addition, we have European CPI flash estimates at 10.00. • Canadian GDP follows at 13.30. • US consumer spending is also released at 13.30, with Chicago PMI at 14.45. Bet Idea: • The NZD/USD has struggled at these levels in recent times and if a correction were to come, this would be the place. Click here to view full-sized image A LOWER trade on the NZD/USD predicting that it will close below 0.8300 in 5 days time could return 169% if successful. 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

–66387dfc72b27198bf2aaf00a29370cf_myaff–

Trade Forex, Commodities, Stocks and more, trade CFDs on the Plus 500 CFD trading platform! *CFD Service. 80.6% lose money - Register a real money account here and get trading right away.