BetOnMarkets - Bet On Markets

Trading markets across the world have become somewhat calm and tranquil waters ahead of US Federal Reserve chief, Ben Bernanke’s congressional meeting on Capitol Hill later today. There were slight increases for the Dow Jones and the Nasdaq during this morning’s trading sessions but, as a rule, investors at many online trading and betting sites like BetOnMarkets have seen relatively flat markets throughout Wednesday morning.

As investors and speculators across the world eagerly await the news from Washington, most markets have seen little to no movement. Whether Forex markets, indices, commodities markets or stocks and shares, the markets have all been on a ‘go slow’ today.

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BetOnMarkets - Bet On Markets

Spread betting at sites such as BetOnMarkets is becoming more and more popular for investors who are looking to profit from the various world trading markets. However, like most other forms of investment, spread betting and betting in general is taxable in many countries and jurisdictions but thanks to a law change in 2001, spread betting in the UK is tax free.

For generations, gamblers in the UK had to pay a levy on either their stakes or their winnings but on the 6th October 2001 the then government abolished all taxes on betting. This led to an increase in all forms of gambling, especially financial betting, which instantly become more favourable to traders than traditional investment methods that carried tax levies.

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BetOnMarkets - Bet On Markets

The trading week has just drawn to a close and it was a great ending for anybody with US dollars bets on their books. Bettors at BetOnMarkets saw the US dollar thrive on Friday as news of strong consumer sentiment, coupled with other key factors, propelled the greenback up the charts.

The dollar was pretty much up right across the board as the US released details of its strongest consumer sentiment figures for just under six years, something that anybody who was betting on the dollar at BetOnMarkets today became well aware of. However, it wasn’t just this news that favoured the dollar during Friday’s trading sessions. With these encouraging figures being brandished about, there is now every possibility that, as a knock on effect, we will see the US Federal Reserve starting to curb its quantitative easing program, something that many investors and traders believe will happen.

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BetOnMarkets - Bet On Markets

In most instances of trading and investment, volatile markets should be approached with caution. This is because, as a rule of thumb, with traditional trading and investment, you can only really make profits when markets are on the up. However, spread betting at companies like BetOnMarkets allows you to profit from both rising and falling markets. This makes volatile spread betting markets much more appealing than volatile stock markets or currency pairs, for example.

One of the most profitable ways for an experienced spread better to make money in a hurry is by short selling volatile markets. Instead of betting that a market will strengthen and improve in value, short-selling or ‘betting the shorty’ as it’s also known requires you to bet that a market will fall in price.

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BetOnMarkets - Bet On Markets

If you’re new to retail investment and are wondering whether to trade Forex, commodities or maybe try your hand at spread betting you should also consider fixed odds financial betting. There are many advantages to fixed odds financial betting at sites such as BetOnMarkets but the main advantage is convenience.

If you wanted to trade in the huge array of markets available from a financial betting company you would need accounts here, there and everywhere. For example, if you wanted to trade shares in the US and the UK you would need two separate brokerage accounts. If you then wanted to trade Forex or commodities you would need a further account for that too.

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BetOnMarkets - Bet On Markets

When it comes to fixed odds financial betting there are a number of various strategies employed by traders ranging from steady returns, which are lower risk bets to big wins, which are higher risk bets that offer larger rewards. If you’re new to the world of financial betting you may be unsure about which tactics to use. This is why we have compiled a list of Financial Betting Strategies to allow you to choose a betting system that’s right for you.

The first question you need to ask yourself is ‘which financial betting site is right for you?’ There are many various online financial betting sites available but one of the internet’s most trusted sites is BetOnMarkets. BetOnMarkets is a fully licensed and regulated financial betting company with various offices across the globe, making BetOnMarkets the first choice for many traders.

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BetOnMarkets - Bet On Markets

Many global markets faced significant losses following a speech regarding the US economy on Thursday. President Obama’s Banking Reform Plans Scared US Markets, with the main US share index, the Dow Jones falling over 200 points as Obama gave his speech regarding plans to limit the size of banks and restrict their trade in a bid to avoid a repeat of the large scale economic crashes witnessed recently.

The Dow Jones finally ended the day 213 points down from where it began when the markets opened on Thursday morning. Two of the US’ biggest banks, JP Morgan Chase and Bank of America saw their share values plummet with JP Morgan Chase losing 6.6% and Bank of America falling by 6.2%. But it wasn’t doom and gloom for all investors. There were many profits made for investors using fixed odds financial betting who predicted the US President’s actions and bet that the markets would fall, which they duly did.  Plus there were some fantastic odds to be had at financial betting companies like BetOnMarkets.

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