03/09-12   -   Press releases

Aussie starts the week on back foot

Markets have started the week on the back foot, with the Australian dollar singled out for punishment after early economic data came in below estimates.
Chinese manufacturing PMI also failed to excite. The AUD/JPY is down 0.41%, with the AUD/USD 0.37%. The US dollar is fighting back somewhat today
after taking a beating on Friday, with gold rising by 0.27%.

Coming up today we have Spanish manufacturing PMI at 8.15 following by Italian manufacturing PMI at 09.00. UK manufacturing PMI follows at 09.30 with
slight rise expected. Liquidity could be low, with the US observing the Labor day bank holiday. The GBP/USD is still trading around recent highs,
but this is largely due to recent dollar weakness rather than strength in the British pound. With the UK parliament coming back from it´s summer break
European politicians are following suit. The summer has been fairly forgiving for the European situation as no news is being taken as good news.
However, with the politicians bank, markets will be expecting some action to match the promises made in recent months and this is where the problems
could start. The UK has it´s own problems and its far from immune from European problems.

A good way to play this on BetOnMarkets.com might be a LOWER trade on the GBP/USD predicting that the pair closes below 1.5850 in 7 days time for a
potential return of 116%.


Get this trade now, go to: http://goo.gl/BQRDj


=============================================================

BetOnMarkets gives everyone the chance to profit from the markets. You can bet on over 100 currency pairs, indices and commodities with bets ranging
from 30 seconds to 360 days. You can fund your account with as little as $10 and bet for just $2. Our unique "fixed returns" service means you know
exactly how much you stand to win or lose before you commit to a trade.

If you are looking for a low cost, low risk way to participate in the markets, then BetOnMarkets is for you.
Check our website out now at http://goo.gl/p39x2