BetOnMarkets Daily Report (18th June)

Read the Daily Market Report from Dave Evans, Professional Trader


	Hopes High For G8 Morning Report: 08.30 London • Markets have a positive bias this morning as the G8 summit rumbles on. The euro in particular is performing well after Greek politics were reduced to simmer after boiling over again recently. Click here to view full-sized image • The big movers are the AUD/USD and NZD/USD which are down by 0.71% and 0.41% respectively. The latest RBA meeting minutes indicated that there was more downside for the AUD/USD. The dollar pairs are generally on the back foot as the US dollar gains across he board this morning. Click here to view full-sized image Click here to view full-sized image Coming up today: • Coming up today we have UK inflation data at 09.30, with CPI expected to rise to 2.6% and RPI to 3.1%. • German and European ZEW economic sentiment follow at 10.00. • US building permits are released at 13.30, with CPI out at the same time. • The G8 meetings will rumble on in the background throughout the day. Bet Idea: • The NZD/USD has fallen back from the 0.8100 region with the recent lows a potential target once again. Click here to view full-sized image • A good way to play this could be a LOWER trade predicting that the NZD/USD closes below 0.7900 in 5 days time could return 172% 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

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