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Stock Markets Endure Another Volatile Week Traders at BetOnMarkets believes that Last week’s late recovery could be a useful point to enter trades predicting the sell off will continue. A No Touch trade predicting that the FTSE 100 won’t touch 6200 at any time during the next 6 months could return 21%. Red Devils on the Loose A One Touch trade predicting that the GBP/ USD will touch $2.00 at least once during the next 16 days could return 28% in BetOnMarkets.com. Market Relief after tough week After a rather turbulent week markets ended on a positive note. US markets benefited from a better than expected inflation outlook, following Fridays CPI numbers. The majority of inflation increases were due directly and indirectly to energy costs, so markets were thankful for the fact that oil didnt finish the week on a new record high. Credit Crunch To Spill over the World With a slow start to the week on the economic news front, Traders at BetOnMarkets.com forsee that there’s a reasonable chance that last week’s momentum could spill over to the start of this week. A One Touch trade predicting that the Nasdaq Composite Index will touch 2395 at any time during the next 10 days could yield 15%. At the Gate of Recession After the Easter correction it seems the Dollar collapse is back on track, and March's high of 1.5904 in the EUR/ USD exchange rate could well be breached again this week. A 'one touch' trade with BetOnMarkets.com predicting that the EUR/ USD will touch 1.5855 at any time during the next 16 days could yield 12%. Best Fixed-Odds Financial Provider BetOnMarkets.com is pleased to announce being voted the 'Best Fixed Odds Financial Trading Provider' at this year's 2007 Shares Awards. Jean-Yves Sireau, chief executive of BetOnMarkets.com said, 'We are proud to gain this well respected, official recognition in the United Kingdom, for our excellent online trading services............ It's the economy, stupid. “The Economy, stupid” was a sign hung in Bill Clinton's campaign headquarters to keep everybody "on message" in 1992. It was originally meant as an internal motivator, but it soon became a famous centre point for Bill Clinton’s victory against George Bush Snr. At the time Bush was accused of neglecting the domestic economy as the US went through a recession from 1988 to 1992. Bet on further Dollar weakness The economic roller coaster continues, but unfortunately sick bags will not be provided says BetOnMarkets.com's Michael Wright. Wall street Rally...Credit Crisis Over? Last week the ECB (European central bank) and MPC (UK central bank) opted to take a ‘wait and see’ approach with interest rates. Both announced that they would be leaving interest rates on hold, preferring to see how their respective economies hold up after the summer turmoil. Many economists are expecting both to move to a loosening bias in the future, with the UK predicted to cut rates before the end of the year. Unpredictable Economy Ahead A new low for the US dollar, and a mixed bag of economic news, gave investors few clues as to what the FOMC might do next with the interest rate. Concerns that the housing market ills could spill over into the broader economy have heightened fears of recession. More hints about the economy will be revealed in the next few weeks, as 3rd quarter earning results are going to start making their way to the market.... Market Rebound? Many traders will be breathing a heavy sigh of relief this week as the economic calendar lightens comparatively. The US interest rate decision weighed heavily on trading action last week. The FOMC announcement had top billing and it certainly didn’t disappoint. Many analysts were expecting a 25 base point cut, with much speculation on when the next cut would be. The 50 base point cut took many by surprise and the market reacted with typical enthusiasm..... Credit Crunch Craze Last week the credit crunch continued to dominate headlines with banks and housing stocks being hit the hardest. The Bank of England’s Governor King alluded to the situation being akin to a ‘run on the banks’. Specifically he was referring to the situation whereby major banks are withholding funding in the asset backed commercial paper market.....

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