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

The FTSE is currently indicating a flat opening as traders are waiting for the BOE interest rate decision at 11am. While no move is expected most people are going to stay on the sidelines as there is risk for a surprise rate cut. The FTSE would benefit from that move, possibly copying the gains made by its US counterpart when the FOMC hinted at a rate move later this year.
Oil found some support around the 118 dollar per barrel mark, and a retrace back to $125 is possible. This could all be wiped out if the strength of the US dollar continues. The British Pound lost more then 4 cents in the last few weeks, and is poised for further losses if the BOE hints at a rate cut.

Predicted opens as of 06:00 GMT

FTSE: 5476.3 (-6.8)
CAC: 4433.4 (-10.1)
DAX 6548.4 (-11.4)
DOW: 11580(-74)
S&P 500: 1281.28 (-7)
Gold: 882.15 (+2.50)
Oil: 118.67 (+0.15)

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.