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

Markets have stabilised today, but the buyers have not been rushing forward in significant numbers to recover much of yesterday’s sell off.

Investors are still wary after the first meaningful trading session in nearly 10 days resulted in heavy selling.

Markets reached a standoff last week, but yesterday’s slump still does not settle the argument.

US housing starts have recovered well from an extremely depressed position and this has given markets some hope today.

Today UK CPI fell to 2.2% from 2.3%, but this was still above the expected level of 2%.

After a weak start to the trading day, sterling has reverse early declines on speculation that the Bank of England may have to raise rates sooner than it would ideally want to.

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