BetOnMarkets Daily Market Report (5th February)

Read the Daily Market Report from Dave Evans, Professional Trader


	Markets stable after Monday wobble Morning Report: 08.30 London • After a heavy sell off yesterday, financial markets are looking more stable this morning. The yen pairs are on the rise as investors increase their appetite for risk again. • The euro is leading this charge, with the EUR/JPY up 0.32%. Click here to view full-sized image • Elsewhere, markets are still mixed, with the dollar index opening higher. The AUD/USD is suffering after the RBA kept interest rates on hold. Click here to view full-sized image Click here to view full-sized image • Gold is off slightly, with the upper resistance line provin g troublesome. Click here to view full-sized image Coming up today: • Coming up today we have European services data at 09.00, with UK services PMI due at 09.30. • European retail sales follow at 10.00. • From 15.00 we have US ISM non manufacturing PMI. Bet Idea: • The EUR/USD fell sharply yesterday, but there could now be potential a rebound in the next couple of days. Click here to view full-sized image A HIGHER trade predicting that the EUR/USD closes HIGHER than 1.3550 in 1 days time could return 149%. 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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