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

The FTSE is currently trading higher, a sign that traders are expecting better then expected economic data out of the UK. Just before the FTSE opens the Office for National Statistics will release the British employment data for June. A better then expected employment number would throw cold water on the notion that the UK is in an economical slowdown.

Gold continues to ride the wave of the weak dollar, as the yellow metal traded at 972 dollars per ounce. Traders are exciting the greenback in droves pushing the Euro north of 1.60 while the Pound is trading above the 2.00. Oil was actually a loser yesterday, however today the Department of Energy is releasing its inventory numbers, so we are expecting for a volatile trading day.

Predicted opens as of 06:00 GMT

FTSE: 5196.6 (+35.3)
CAC: 4075.5 (+16.2)
DAX 6107 (+22.7)
DOW: 10956 (+4)
S&P 500: 1214.43 (+4.25)
Gold: 971.35 (-2.5)
Brent Oil: 139.93 (+0.16)

Contacts:

Dave Evans: 0208 977 8381/ Dave@regentmarkets.com
Michael Wright: 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.