Released on: October 20, 2007, 5:17 am

Press Release Author: Mike Wright

Industry: Financial

Press Release Summary: Last week Oil continued its ascent into record territory.
Just shy of $90 per barrel the much talked about $100 per barrel isn\'t too far off.
Strangely the price still hasn\'t topped too many headlines, perhaps because prices
still sit below £1.00 per litre in the UK. If that dam bursts, UK consumers could be
in for a shock says Betonmarket\'s Michael Wright.....

Press Release Body: Last week Oil continued its ascent into record territory. Just
shy of $90 per barrel the much talked about $100 per barrel isn\'t too far off.
Strangely the price still hasn\'t topped too many headlines, perhaps because prices
still sit below £1.00 per litre in the UK. If that dam bursts, UK consumers could be
in for a shock says Betonmarket\'s Michael Wright.

The latest surge has taken prices deep into uncharted territory, nearing the
inflation-adjusted peak of 1980. There are fears that this could be one step too far
for an already creaking world economy.

Last week we saw the first sign that the US government worries were not baseless,
with the release of the consumer inflation report. This showed that the Consumer
Price Index increased by 0.3 percent last month as energy costs (which had been
falling for three months) posted an increase and food prices jumped by the largest
amount since June.

The CPI increase was slightly above the 0.2 percent that economists had been
expecting. Core inflation, which excludes energy and food, was up a more moderate
0.2 percent, in line with expectations. This is what the FOMC was mostly worried
about when they cut interest rates the last time, as inflation increases at a higher
pace when interest rates are low.

While there are many reasons for the increase in energy costs, OPEC blames
speculators for driving up the price. Some traders concur, noting the flood of cash
now chasing returns after the U.S. Federal Reserve cut interest rates and added
billions of dollars of temporary reserves to the banking system. Unprecedented
weakness in the U.S. dollar has also pushed investors into commodities at the start
of the fourth quarter, when some investors will have reviewed allocations.

All this commodity positive investments has been a nice bonus for the USD/CAD (US
Dollar/ Canadian Dollar) traders who were short. Being \"short\" means that traders
were predicting that the US Dollar would weaken against the Canadian Dollar. The
pair broke below the 1.00 mark in October, and some analysts see the pair trading as
low as 95 cents by the end of the year.

In the foreign exchange circles the USD/CAD pair is referred to as the commodities
pair, and for a reason, if you overlap the oil price chart and the gold chart with
the USD/CAD you will see a very nice correlation.

With the oil outlook being bullish for the near term, there is a good chance that
the USD will continue to weaken compared to the CAD. Betonmarkets.com allows you to
take advantage of this, by buying a no touch bet on the USD/CAD. This rewards you if
a certain level is never touched. A no touch with a 26 day term and barrier 400 pips
above current spot could yield 8% ROI. This means the USD could strengthen slightly,
flat line or fall further against the Canadian Dollar and you win.

- THE END -

Contact Details:

Email: editor@my.regentmarkets.com
Tel: +44 1624 678 883
Url: Betonmarkets.com & Betonmarkets.co.uk

Address:
Regent Markets (IOM) Limited
3rd Floor, 1-5 Church Street
Douglas, Isle of Man
IM1 2AG

Betonmarkets.com is the leading fixed-odds financial betting website. The website
has processed over 10 million bets since inception in 2000, and generates annual
turnover in excess of US$ 100 million. Betonmarkets offers a wide range of
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Betonmarkets is operated by the Regent Markets Group of companies. Regent Markets is
affiliated to the Regent Pacific Group, a Hong Kong-listed investment group. Regent
Markets has offices in three countries, and holds bookmakers licenses in the Isle of
Man, the UK, and Malta.

Fixed-odds financial betting offers particular advantages over other forms of
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Fixed-odds bets are also known as binary options, binary bets, contingent claims,
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BetOnMarkets Bet Types:

One Touch Bet: You would buy a one-touch bet if you believe the market will touch a
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out, if at any time prior to expiration, the market touches or trades through the
specified barrier. Example: [Pays 100 if the FTSE touches X between today and date
T]

No Touch Bet: A no-touch bet is the opposite of the one-touch bet. You would buy a
no-touch bet if you think the market will never reach a certain level within a
specified range of time. Example: [Pays 100 if the FTSE does not touch X between
today and date T]

Bull Bet: You would buy a bull bet if you believe the underlying
security/index/currency pair will be higher than a certain evel (also referred to as
the barrier level) on the maturity date. Example: [Pays 100 if the FTSE closes
higher than X on date T]

Bear Bet: You would buy a bear bet if you believe the underlying
security/index/currency pair will be lower than a certain level (also referred to as
the barrier level) on the maturity date. Example: [Pays 100 if the FTSE closes lower
than X on date T]

Expiry Range Bet: You believe that the market will be between two distinct levels
(high and low) on the expiry date. Example: [Pays 100 if the FTSE closes between X
and Y on date T]

Barrier Range Bet: You believe that the market will never touch two pre-determined
barrier levels (high and low) before r on the date the bet expires. In other words,
when you buy a barrier range you will win only if the market never touches the two
barrier levels you have chosen. Example: [Pays 100 if the FTSE never touches X and Y
between today and date T]

Double Touch Bet: You believe that the market will touch two pre-determined barrier
levels (high and low) before or on the date the bet expires. In other words, when
you buy a barrier range you will win only if the market touches both of the two
barrier levels you have chosen. Example: [Pays 100 if the FTSE touches both X and Y
between today and date T]

Up or Down Bet: You win if the market touches either of two pre-determined barriers
before or on the date the bet expires. Example: [Pays 100 if the FTSE touches either
X or Y between today and date T]

Double Up Bet: A Double Up bet pays two times the premium if the market rises above
a given level between the time of purchase and the close of trading. It expires at
the close of business on the day of purchase of the bet. Example: [Pays 100 if the
FTSE closes above X between now and the close of trading today]

Double Down Bet: A Double Down Bet pays two times the premium if the market drops
below a given level between the time of purchase and the close of trading. It
expires at the close of business on the day of purchase of the bet. Example: [Pays
100 if the FTSE closes below X between now and the close of trading today]

Intraday Double Up Bet: Buy this bet to play a market rise between two given hourly
market times today. You will have the possibility to set the starting hour of the
bet and the ending hour of the bet, and you will win double your stake if the market
follows your prediction. Example: [Pays 100 if the FTSE rises between the starting
time hour and the expiry hour]

Intraday Double Down Bet: Buy this bet to play a market drop between two given
hourly market times today. You will have the possibility to set the starting hour of
the bet and the ending hour of the bet, and you will win double your stake if the
market follows your prediction. Example: [Pays 100 if the FTSE declines between the
starting time hour and the expiry hour]

Run Bets: These fun bets are over in the space of less than a minute; so you can
make money in seconds. Here, you have to guess the last decimal digit of say, the
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Web Site: http://www.betonmarkets.com

Contact Details: Name: Mike Wright

Address:
Regent Markets (IOM) Limited
3rd Floor, 1-5 Church Street,
Douglas, Isle of Man IM1 2AG,
British Isles.

Phone: +44 1624 678 883

Email: editor@my.regentmarkets.com

URL: http://www.betonmarkets.com or http://www.betonmarkets.co.uk