Daily Roundup: Markets steady ahead of Fed; BP, Provident Financial, Nanoco look good - TipTV

In today’s Tip TV Markets roundup, we discuss the top stories in finance, the outlook for major indices, forex sentiment, and look at a few UK market stocks - BP, Provident Financial, Nanoco, with Alan Green, CEO of Brand Communications, and Zak Mir, Technical Analyst at Zak’s Traders Cafe.

Highlights:

“Run up to the Fed – looking reasonably positive. post Fed markets won’t change too much, everyone is expecting status quo and the focus is on US election polls. Trump narrowing gap with Clinton which is scary.”

“BoE Hawks capitulating – Weale supports immediate stimulus”

“Oanda sentiment – EUR/GBP remains the big short”

“BP – on results front, dividends unchanged, got strong pipeline of projects”

“Provident Financial – they have come up with solid numbers. Solid rise in profit, raised dividend payout. Shares are now up in early trade..bouncing off 50day average.”

“Nanoco group – just signed massive agreements in Asia. Stock was one of the most shorted in markets up to recently, but now looks like company strategy is working so that could be lifting the shares.”