Please find below the Morning Report from David Evans, market analyst at BetOnMarkets.com

The FTSE currently indicates a really weak opening, which is being caused by the continuation of a sell-off, which started in US last night. Mr. Bernanke warned on Tuesday, that the financial crisis could prolong the difficulties the economy is facing. Wall Street appeared little comforted and focused on his downbeat assessment taking the SP500 to its lowest close in 5 years. Look for the FTSE to spend the whole day in negative territory.

Crude oil fell in New York, trading below $90 a barrel, as consumption weakens in the U.S. and other developed nations amid a worsening credit crisis that's restraining economic growth. We expect oil prices to trade in a range before the inventory numbers are released towards the end of the UK trading day. The price direction for the next few days will be determined by the inventory numbers.

Predicted opens as of 06:00 GMT
FTSE: 4475.50 (-129.72)
CAC40 3607.70 (-120.60)
DAX30 5189.00 (-141.30)
DOW: 9503 (+53)
SP500 1001.70 (+0.87)
Gold: 881.88 (-4.52)
Oil: 89.06 (-1.09)

Contacts:

Dave Evans: 0208 977 8381/ Dave@regentmarkets.com
MichaelWright:00 356 21316105 / Michael@regentmarkets.com

BetOnMarkets.com is the worlds leading fixed odds financial trading website. Since inception in 2000 it has processed over 15 million trades on financial indices, UK and US equities, gold and currencies. Over 130,000 clients have the ability to place trades from ??1 to ??25,000.