Please find below the Financial Fixed Odds report from David Evans, market analyst at BetOnMarkets.

The FTSE currently indicates a particularly weak open, as traders worry that the worse then expected UK Hometrack housing numbers could set off another selling spree.

With almost no economic news being released in UK the rest of the week, the FTSE is likely to be influenced by data from other countries.

Crude oil is trading around the $50 level on speculation that a slow recovery from the global recession may limit demand.

The economy in the US, the world’s largest oil consumer, may continue to stagnate. In the mean time increased output by non-OPEC producers has left the market oversupplied.

Here is a good value play

With the price of oil likely to fall in the coming days, the USD/CAD is likely to strengthen. A no touch for 7 days on the USD/CAD with a 1.19 trigger pays 34% ROI

Fixed Odds FTSE BET

With the price of oil likely to fall in the coming days, the USD/CAD is may strengthen. A No Touch bet for 7 days on the USD/CAD with a 1.19 trigger pays 34% ROI.

Predicted opens as of 06:00 BST

FTSE 100: 4125.4 (-45.00)
CAC 40 3073.10 (-27.90)
DAX 30 4636.0 (-27.50)
DOW: 7995 (-73)
S+P 500: 856.83 (-12.75)
Gold: $915.45 (+$3.40)
Oil: $50.59 (-40.94)

For more details see: Financial Fixed Odds.

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