Articles from April 2009

Crude Oil Slightly Up

The FTSE currently indicates a flat open, as traders are waiting for the release of the UK Nationwide house prices. Analysts are expecting for UK homes prices to fall by 1.2% month over month, however there are some indications that the numbers might be worse then expected. The FTSE is very likely to open the [...]

FTSE 100 Index Looking Stronger

The FTSE 100 currently indicates a stronger open, as rumours that today’s US GDP numbers might be better then expected has traders ready to press the buy button. Analysts are expecting for a reading of -4.7% however some traders are now only pricing in a -4% loss. Just a warning, that should the number come [...]

Swine Flu Hits Crude Oil Prices

The FTSE currently indicates a very weak open, as traders worry that the economy is not showing any signs of a bottom. Concerns are elevated with the US GDP numbers due out on Wednesday. Analysts are expecting for the US economy to contract by almost 5% for the first quarter. The FTSE is likely to [...]

Swine Flu Hits the Financial Markets

SWINE FLU STIRS FALLOUT IN THE MARKETS The threat of a global pandemic of swine flu has set markets around the world tumbling as finance experts await news of the spread of the respiratory disease. The Dow Jones Industrial Average index and the FTSE have been just staying level since the confirmed outbreak started in [...]

Financial Markets Looking Quiet

The Afternoon Report from David Evans, market analyst, BetOnMarkets. It’s been a relatively quiet day on markets today as traders steady the ship after manic Monday. Overnight sentiment was reasonably positive after better than expected earnings from Ebay and Apple. However this sentiment has hit a brick wall in the face of further bleak economic [...]

Trading Update for FTSE and Crude

The FTSE 100 currently indicates a stronger open, as traders are hoping that the UK employment numbers will hint at an improving economy. Also being released this morning is the minutes from the last meeting of the Bank of England. With all this data, we can expect a very wild morning for the FTSE. Oil [...]

GBP USD Cross Spread Bets Update

GBP has now given up much of the rally versus the USD built over the past few weeks. Yesterday saw the small short term up trend broken when we fell through $1.4600. This morning’s action is not exactly encouraging either. Rumours that the Chancellor is going to forecast a 200bn deficit for this year have [...]

Gold at $1,500

Dealing continues to be trader friendly with few break outs in any of the major index, foreign exchange or commodities markets. Reading the weekend’s press, it looks like the Gold bugs forecasting prices up at $1,500 in the longer term. In reality, the market looks tired at current levels. For all of the technical and [...]

FTSE 100 and Indicative Market Prices

The FTSE 100 currently indicates a strong open, as traders are hoping that the rally that started in Asia will continue. The Asian markets rallied this morning mainly due to merger talk, which is a good sign that the credit market is starting to work again. The FTSE is likely to open in the green. [...]

FTSE 100 and Crude Oil Update

The FTSE currently indicates a very weak open, as traders are waiting for the release of the DCLG House Prices. Analysts are hoping that these numbers will indicate a rebound in the housing market. The FTSE will likely spend the day in positive territory Crude oil is trading below the $50 per barrel mark after [...]