BetOnMarkets Daily Market Report (29th November)

Read the Daily Market Report from Dave Evans, Professional Trader


	Markets quiet ahead of US GDP Morning Report: 08.15 London • This morning, financial markets are quiet, pending the latest US GDP figures which are expected to rise by 2.8%. • The m ain mover is the Australian dollar, with the AUD/USD down 0.25% and the AUD/JPY down 0.17%. Click here to view full-sized image Click here to view full-sized image • In general, financial markets have a slight positive bias, with the S&P 500 up slightly. Click here to view full-sized image Coming up today: • Coming up today, we have German unempl oyment change at 08.55. • At 10.30 we have the release of the latest Bank of England financial stability report, with Bank of England governor King speaking at the same time. • From 13.30 we have US prelim GDP and unemployment claims. Pending home sales follow at 15.30. Bet Idea: • The New Zealand dollar is entering a zone where it has struggled to break through in the past, while support appears to be building beneath. A few weeks of range bound trading could be on the cards, making a n IN/OUT trade attractive. Click here to view full-sized image An IN/OUT trade predicting that the NZD/USD closes between 0.8200 and .08400 in 30 days time could return 101% 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

–75db4de8947fef36060b28039c4d55df_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.