News Archive

<–Back to Today’s News

Binary Options Weekly Outlook January 28-February 2

Oil Soars Last Week on Global Economic Recovery

New Zealand Dollars

The price of crude oil climbed steadily last week, as one country after another released data showing an improvement in their economies. This pointed to an upturn in the global economy. A direct result was the higher demand for crude, which helped increase oil prices for yet another trading week. It should not be forgotten that oil was also helped by the fall in U.S. supplies last week. Oil ended Friday’s session higher by 7 cents at $96.03.

U.S. equities recorded the longest stretch of gains since 2004 last week due to the positive corporate earnings for the top U.S. companies and on a suspension to the Federal debt limit. The Dow Jones Industrial Average surged 246.28 points, or 1.8%, to 13,895.98. The S&P 500 climbed 1.1 percent to 1,502.96. IBM jumped 5.4% to $204.97. Google Inc. rose 7% to $753.67. Apple dipped 12% to $439.88.

The yen sank for an 11th straight trading week against the dollar on the forecast that the Bank of Japan will go ahead with further measures to push the JPY even lower.  The USD/JPY pair advanced 0.9% to 90.91 yen last week. It touched 91.19 yen, the highest level since June 2010. The EUR/JPY cross added 2% to 122.32 euros last week.

This week’s main events – Monday January 28 – Friday February 2:

Monday January 28:

  • 09:00 GMT EUR  M3 Money Supply m/m – Change in the total quantity of domestic currency in circulation and deposited in banks. Early in the economic cycle an increasing supply of money leads to additional spending and investment.

Tuesday January 29:

  • 15:00 GMT USD  CB Consumer Confidence –Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity.
  • 23:50 GMT JPY  Retail Sales y/y –It’s the primary gauge of consumer spending, which accounts for the majority of overall economic activity.

Wednesday January 30:

  • 09:30 GMT GBP  Net Lending to Individuals m/m – Change in the total value of new credit issued to consumers. It’s correlated with consumer spending and confidence.
  • 13:15 GMT USD  ADP Non-Farm Employment Change – Estimated change in the number of employed people during the previous month, excluding the farming industry and government.
  • 13:30 GMT USD  Advance GDP q/q – Annualized change in the inflation-adjusted value of all goods and services produced by the economy. It’s the broadest measure of economic activity.
  • 15:30 GMT USD  Crude Oil Inventories – Change in the number of barrels of crude oil held in inventory by commercial firms during the past week.

Thursday January 1:

  • 07:00 GMT GBP  Nationwide HPI m/m – Change in the selling price of homes with mortgages backed by Nationwide.
  • 13:30 GMT USD  Unemployment Claims – The number of individuals who filed for unemployment insurance for the first time during the past week. Consumer spending is highly correlated with labor-market conditions.
  • 23:30 GMT JPY  Household Spending y/y – Consumer spending accounts for a majority of overall economic activity. It’s one of the most important gauges of economic health due to the vast ripple effect consumer buying creates in the economy.

Friday February 2:

  • 09:30 GMT GBP  Manufacturing PMI – Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry. Businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company’s view of the economy.
  • 15:30 GMT USD  Average Hourly Earnings m/m  – Change in the price businesses pay for labor, excluding the farming industry. When businesses pay more for labor the higher costs are usually passed on to the consumer.

U.S. Stocks Surge Last Week

U.S. StocksThere was a certain amount of pessimism in the markets at the beginning of last week. This did not prevent the top stocks and indices on Wall Street from ending the week higher. The bullishness on Friday came after Republicans in Congress agreed to raise the debt ceiling.

The Dow Jones finished Friday’s session up 0.39%. The S&P 500 climbed 0.34%. The Nasdaq Composite Index gained 0.04%.

There was a lot of volatility in the markets during the previous trading week, as the leading economies published much diverse economic data. Therefore, this led to much unpredictable price movements.

One factor which moved the markets a lot was the publication of data showing an improvement in the Chinese economy. This is vital because China is one of the world’s fastest growing economies. On the other hand, the global growth downgrade by the World Bank really sent shockwaves through the markets. The positive news is that U.S. stocks finished the week on a high.

The weakest currencies were the yen and the pound. The forecast of more stimulus for Japan led traders to sell the JPY. The reason why the pound sterling fell so much versus its peers last week was due to the growing fear of the U.K. leaving the European Union.

This week’s main events – Monday January 21 – Friday January 25:

Monday January 21:

  • All EUR  Eurogroup Meetings – Eurogroup meetings are usually held in Brussels. The Eurogroup coordinates economic policies of the 17 euro area member states, and their initiatives and decisions can have a widespread effect on the Eurozone’s economic health.

Tuesday January 22:

  • Tentative JPY  Overnight Call Rate –Interest rate at which the BOJ rediscounts bills and extends loans to financial institutions. Short term interest rates are the paramount factor in currency valuation.
  • 10:00 GMT EUR  German ZEW Economic Sentiment –Level of a diffusion index based on surveyed German institutional investors and analysts.

Wednesday January 23:

  • 00:30 GMT AUD  CPI q/q – Change in the price of goods and services purchased by consumers. Consumer prices account for a majority of overall inflation.
  • 09:30 GMT GBP  Claimant Count Change – Change in the number of people claiming unemployment-related benefits during the previous month.
  • 09:30 GMT GBP  MPC Meeting Minutes – It’s a detailed record of the BOE MPC’s most recent meeting, providing in-depth insights into the economic conditions that influenced their vote on where to set interest rates.
  • 15:30 GMT USD  Crude Oil Inventories – Change in the number of barrels of crude oil held in inventory by commercial firms during the past week.

Thursday January 24:

  • 08:30 GMT EUR  German Flash Manufacturing PMI – Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.
  • 13:30 GMT USD  Unemployment Claims – The number of individuals who filed for unemployment insurance for the first time during the past week. Consumer spending is highly correlated with labor-market conditions.
  • 13:30 GMT JPY  Tokyo Core CPI y/y – Change in the price of goods and services purchased by consumers in Tokyo, excluding fresh food. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates.

Friday January 25:

  • 09:30 GMT GBP  Prelim GDP q/q – Change in the inflation-adjusted value of all goods and services produced by the economy. It’s the broadest measure of economic activity and the primary gauge of the economy’s health.
  • 15:00 GMT USD  New Home Sales – Annualized number of new single-family homes that were sold during the previous month. It’s a leading indicator of economic health because the sale of a new home triggers a wide-reaching ripple effect.

Binary Options Weekly Outlook January 14-January 18

Crude Prices Finish Friday’s Session Higher!

Crude oil futures ended the trading week much higher. This was despite the commodity diving on Friday by 10 cents to $93.72. The losses on Friday were largely owed to the U.S. trade deficit widening. However, oil prices jumped last week as a whole on the falling inventories, the cut in production by OPEC and the volatile dollar. Traders viewed these reasons as enough to open weekly Call option in the crude oil binary option.

When speaking of U.S. stocks, last week saw a lot of volatility. For example, Monday and Tuesday saw a slump. On the other hand, between Wednesday and Friday, there was a significant rally. The Dow Jones went higher on Friday by 17.21 points. The gains would have been greater if it was not for traders waiting on the sidelines for fourth quarter earnings of the leading U.S. companies.

The euro surged against the dollar last week. The EUR/USD pair finished last week’s session higher at $1.3343. Traders ditched the pound due to the weak economic data from the U.S. economy. The yen was the most bearish currency last week on the forecast of more stimulus for the U.K. economy. The USD/JPY pair surged to the 89.19 yen level.

This week’s main events – Monday January 14 – Friday January 18:

Monday January 14:

  • 21:00 GMT USD  Fed Chairman Bernanke Speaks – As head of the central bank, which controls short term interest rates, he has more influence over the nation’s currency value than any other person.

Tuesday January 15:

  • 09:30 GMT GBP  CPI y/y –Change in the price of goods and services purchased by consumers. Consumer prices account for a majority of overall inflation.
  • 13:30 GMT USD  Retail Sales m/m –Change in the total value of sales at the retail level, excluding automobiles.

Wednesday January 16:

  • 05:00 GMT JPY  Consumer Confidence – Level of a composite index based on surveyed households, excluding single-person homes. Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity.
  • Tentative EUR  German 10-y Bond Auction – Average yield on 10-year bonds the government sold at auction, and the bid-to-cover ratio of the auction.
  • 14:15 GMT USD  Industrial Production m/m – Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.
  • 15:30 GMT USD  Crude Oil Inventories – Change in the number of barrels of crude oil held in inventory by commercial firms during the past week.

Thursday January 17:

  • 00:30 GMT AUD  Employment Change – Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity.
  • 13:30 GMT USD  Building Permits – Annualized number of new residential building permits issued during the previous month. It’s an excellent gauge of future construction activity because obtaining a permit is among the first steps in constructing a new building.
  • 13:30 GMT USD  Unemployment Claims – The number of individuals who filed for unemployment insurance for the first time during the past week. Consumer spending is highly correlated with labor-market conditions.

Friday January 18:

  • 13:30 GMT CAD  Manufacturing Sales m/m – Change in the total value of sales made by manufacturers. Manufacturers are quickly affected by market conditions, and changes in their sales can be an early signal of future activity such as spending, hiring, and investment.
  • 14:55 GMT USD  Prelim UoM Consumer Sentiment – Level of a composite index based on surveyed consumers. Survey of about 500 consumers which asks respondents to rate the relative level of current and future economic conditions.

Binary Options Weekly Outlook January 7-January 11

U.S. Stocks End the Week on a High!

There was a lot of bearishness for U.S. stocks for most of the previous trading week. However, the good news is that they ended the week on a high. The solid jobs and services data boosted the Dow Jones and S&P 500 on Friday. European shares also climbed during Friday’s trading session.

Gold was one of the weakest commodities last week. It declined on Friday alone by more than $18, as traders preferred to put their money into other assets. Crude oil surged last week to end the session at $93.08. Investors have bought into crude oil with the feeling that the commodity will continue to rise in the coming weeks of trading.

The EUR/USD forex binary option has been under significant downward pressure in recent trading days. The positive news is that the pair climbed on Friday by 0.15%. The dollar gained ground versus the pound, Swissy and yen last week. Investors have a lack of risk appetite when it comes to investing in the forex market.

The coming trading week will like continue with the risk taking which we saw on Friday. Therefore, start opening weekly Call options in the crude oil and Dow Jones binary options today.

This week’s main events – Monday January 7 – Friday January 11:

Monday January 7:

  • 08:00 GMT CHF  Foreign Currency Reserves – It provides insight into the SNB’s currency market operations, such as how actively they are defending the franc’s exchange rate against the euro.

Tuesday January 8:

  • 00:30 GMT AUD  Trade Balance –Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation’s exports.
  • 10:00 GMT EUR  Retail Sales –Change in the total value of inflation-adjusted sales at the retail level.

Wednesday January 9:

  • 00:30 GMT AUD  Retail Sales m/m – Change in the total value of sales at the retail level. It’s the primary gauge of consumer spending, which accounts for the majority of overall economic activity.
  • 10:00 GMT EUR  Final GDP q/q – Change in the inflation-adjusted value of all goods and services produced by the economy.
  • 11:00 GMT EUR  German Industrial Production m/m – Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.
  • 18:00 GMT USD  10-y Bond Auction – Highest yield on 10-year bonds the government sold at auction. Yields are set by bond market investors, and therefore they can be used to decipher investors’ outlook on future interest rates.

Thursday January 10:

  • 12:00 GMT GBP  Asset Purchase Facility – Total value of money the BOE will create and use to purchase assets in the open market.
  • 12:45 GMT EUR  Minimum Bid Rate – Interest rate on the main refinancing operations that provide the bulk of liquidity to the banking system. Short term interest rates are the paramount factor in currency valuation.
  • 13:30 GMT USD  Unemployment Claims – The number of individuals who filed for unemployment insurance for the first time during the past week. Consumer spending is highly correlated with labor-market conditions.

Friday January 11:

  • 08:15 GMT CHF  CPI m/m – Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.
  • 09:30 GMT GBP  Manufacturing Production m/m – Change in the total inflation-adjusted value of output produced by manufacturers. t’s a leading indicator of economic health – production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings.

Binary Options Weekly Outlook November 26-November 30

Commodities Surge in the Second Half of Last Week!

Commodities SurgeThere was a surge in the most traded commodities in the second half of the previous trading week. Traders were inclined to buy into these commodities due to the return of risk appetite into the markets. Crude oil soared on Friday by 1.03% to the $88.28 level. Gold futures made gains of a whopping $23.85 to $1,752.05. Other widely traded commodities also capped notable advances. It is important to take into account that these gains were largely owed to positive German consumer sentiment data and on the forecast that a solution to the Greek crisis is on the horizon.

The leading stocks on Wall Street showed some more resilience last week.  Friday saw a rally where the Dow Jones Industrial Average climbed 172.79 points, or 1.35%, to the 13,009.68 level. The bullishness from last week is likely to continue into Monday’s session, so start opening Call options for the Dow Jones now.

The dollar was very weak during the previous week’s trading session. Amongst the biggest benefactors were the euro and the pound. Traders favored the euro, as there has been much positive data coming out of the Eurozone recently. In addition, the increased optimism led traders to sell the USD.

This week’s main events – Monday November 26 – Friday November 30:

Monday November 26:

  • All Day EUR  Eurogroup Meetings –Eurogroup meetings are usually held in Brussels and attended by the Eurogroup President, Finance Ministers from euro area member states.

Tuesday November 27:

  • 13:30 GMT USD  Core Durable Goods Orders m/m –Change in the total value of new purchase orders placed with manufacturers for durable goods, excluding transportation items.
  • 15:00 GMT USD  CB Consumer Confidence –Level of a composite index based on surveyed households.

Wednesday November 28:

  • 00:30 GMT AUD  Construction Work Done q/q – Change in the total inflation-adjusted value of construction projects completed. This release gives insight into the GDP data which is released about a week later.
  • 15:00 GMT USD  New Home Sales – Annualized number of new single-family homes that were sold during the previous month. It’s a leading indicator of economic health.
  • 17:15 GMT CHF  SNB Chairman Jordan Speaks – As head of the central bank, he has more influence over the nation’s currency value than any other person.
  • 23:50 GMT JPY  Retail Sales y/y – Change in the total value of sales at the retail level. It’s the primary gauge of consumer spending, which accounts for the majority of overall economic activity.

Thursday November 29:

  • Tentative EUR  Italian 10-y Bond Auction – Average yield on 10-year bonds the government sold at auction, and the bid-to-cover ratio of the auction.
  • 10:30 GMT GBP  BOE Gov King Speaks – Due to hold a press conference about the Financial Stability Report, in London. More hawkish than expected = Good for currency.
  • 13:30 GMT USD  Prelim GDP q/q – The annualized change in the value of all goods and services produced by the economy. It’s the broadest measure of economic activity and the primary gauge of the economy’s health.

Friday November 30:

  • 07:00 GMT EUR  German Retail Sales m/m – Change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations. It’s the primary gauge of consumer spending, which accounts for the majority of overall economic activity.
  • 13:30 GMT CAD  Personal Spending m/m – Change in the inflation-adjusted value of all expenditures by consumers. Consumer spending accounts for a majority of overall economic activity. It’s one of the most important gauges of economic health due to the vast ripple effect consumer buying creates in the economy.

Binary Options Weekly Outlook November 19-November 23

U.S. Stocks Go Lower for the Week!

It is true that U.S. stocks went bearish during last week’s trading session, but these losses were rolled back slightly on Friday. The end of last week’s session saw a rebound in key stocks and indices on hopes of a deal to avert the impending fiscal cliff. The Dow ended Friday’s session higher by 45.93 points at 12,588.31. It is important to take into account that there was a lot of bearishness for the majority of last week due to there being ongoing fears of the economic woes gripping the global economy.

Gold was under a lot of downward pressure last week, as traders preferred to put their money in the greenback as a haven. Crude oil futures were also weaker for a lot of the time. However, they did finish Friday’s session higher by $1.25 at the $87.12 level. Therefore, this could lead to optimism in the days ahead for the crude oil binary option.

The dollar was a favorite currency among binary options trades last week on the week U.S. economic data and the inability of European leaders to come to an understanding of how to crude the Eurozone’s debt crisis. Call options in the EUR/USD pair may turn out to payoff this coming week.

This week’s main events – Monday November 19 – Friday November 23:

Monday November 19:

  • 15:00 GMT USD  Existing Home Sales – Annualized number of residential buildings that were sold during the previous month, excluding new construction.

Tuesday November 20:

  • 00:30 GMT AUD  Monetary Policy Meeting Minutes –It’s a detailed record of the RBA Reserve Bank Board’s most recent meeting.
  • All Day EUR  Euogroup Meetings –Eurogroup meetings are usually held in Brussels and attended by the Eurogroup President, Finance Ministers from euro area member states.

Wednesday November 21:

  • 09:30 GMT GBP  MPC Meeting Minutes – It’s a detailed record of the BOE MPC’s most recent meeting, providing in-depth insights into the economic conditions that influenced their vote on where to set interest rates.
  • 09:30 GMT GBP  Public Sector Net Borrowing – Difference in value between spending and income for public corporations, the central government, and local governments during the previous month.
  • 13:30 GMT USD  Unemployment Claims – The number of individuals who filed for unemployment insurance for the first time during the past week.
  • 15:30 GMT USD  Crude Oil Inventories – Change in the number of barrels of crude oil held in inventory by commercial firms during the past week. It influences the price of petroleum products which affects inflation.

Thursday November 22:

  • 08:30 GMT GBP  German Flash Manufacturing PMI – It’s a leading indicator of economic health – businesses react quickly to market conditions.
  • Tentative EUR  Spanish 10-y Bond Auction – Average yield on 10-year bonds the government sold at auction, and the bid-to-cover ratio of the auction. The bid-to-cover ratio represents bond market liquidity and demand.
  • 13:30 GMT USD  Core Retail Sales – Change in the total value of sales at the retail level, excluding automobiles. Automobile sales account for about 20% of Retail Sales, but they tend to be very volatile and distort the underlying trend. The Core data is therefore thought to be a better gauge of spending trends.

Friday November 23:

  • 09:00 GMT EUR  German Ifo Business Climate – Level of a composite index based on surveyed manufacturers, builders, wholesalers, and retailers. It’s a leading indicator of economic health – businesses react quickly to market conditions.
  • 15:30 GMT CAD  Core CPI m/m – Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates.

Binary Options Weekly Outlook October 29-November 2

Dollar Slumps on Solid U.S. Data!

Last week saw an action packed trading session, which was made even more dramatic on Friday when the dollar tumbled versus its major peers. This was after the release of positive U.S. consumer confidence data that showed the mood of consumers has been improving recently. The EUR/USD pair climbed on Friday by 0.05% to the $1.2940 level. The USD/JPY pair slumped 0.82% to 79.64 yen. The AUD/USD forex binary option gained 0.26% to $1.0374.

U.S. stocks were very volatile last week, and closed mixed on Friday. It is true that there was a return of confidence into the markets, but this was not enough to show that traders were really confident in buying U.S. indices and stocks. The Dow Jones finished the session higher by 0.03% at 13,107.21.

Gold and crude oil tumbled last week, which is a trend we have seen a lot of recently. There was a big selloff of these 2 leading commodities, as there has been a lack of factors backing them lately. The rising crude oil inventories and slowing demand has driven oil prices lower. Gold has slipped due to the lack of risk appetite among traders.

Investors will be hoping for some positive data from the leading economies during the coming days. This will shape their decisions while trading the markets.

This week’s main events – Monday October 29 – Monday November 2:

Monday October 29:

  • 23:30 GMT JPY  Household Spending y/y – Change in the inflation-adjusted value of all expenditures by consumers.

Tuesday October 30:

  • 08:00 GMT EUR  ECB President Draghi Speaks –Due to deliver opening remarks at the Second Conference of the Macro-Prudential Research Network of the European System of Central Banks, in Frankfurt.
  • 14:00 GMT USD  CB Consumer Confidence –Survey of about 5,000 households which asks respondents to rate the relative level of current and future economic conditions including labor availability, business conditions, and overall economic situation.

Wednesday October 31:

  • 00:30 GMT AUD  Building Approvals m/m – It’s an excellent gauge of future construction activity because obtaining government approval is among the first steps in constructing a new building.
  • 07:00 GMT EUR  German Retail Sales m/m – Change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations. It’s the primary gauge of consumer spending, which accounts for the majority of overall economic activity.
  • 14:30 GMT USD  Crude Oil Inventories – The change in the number of barrels of Crude Oil held in inventory by commercial firms during the past week.
  • 12:30 GMT CAD  GDP m/m – Change in the inflation-adjusted value of all goods and services produced by the economy. It’s the broadest measure of economic activity and the primary gauge of the economy’s health.

Thursday November 1:

  • 09:30 GMT EUR  Manufacturing PMI – Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.
  • 12:15 GMT USD  ADP Non-Farm Employment Change – Estimated change in the number of employed people during the previous month, excluding the farming industry and government. Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity.
  • 23:50 GMT JPY  Monetary Policy Meeting Minutes – It’s a detailed record of the BOJ Policy Board’s meeting on where to set interest rates.

Friday November 2:

  • 00:30 GMT AUD  PPI q/q – It’s a leading indicator of consumer inflation – when producers charge more for goods and services the higher costs are usually passed on to the consumer.
  • 12:30 GMT USD  Non-Farm Employment Change – Change in the number of employed people during the previous month, excluding the farming industry.

NZD Slumps Despite Positive Consumer Data
New Zealand DollarsOctober 16, 2012 – New Zealand Binary Options Trading NewsBinary options trading is highly recommended as a profitable form of financial trading. Whether interested in making an extra income on the side or in becoming a day-trader, the best way to go about it is by choosing binary options as your trading instrument. Before jumping in, however, it is important to make sure that you are trading with the binary options broker who is best for you. Luckily, you don’t need to go far – we provide you with updated reviews about various binary brokers who are optimal for New Zealand binary trading. Our reviews include platform ratings based on user-friendliness, variety of assets, expiry times, and level of customer support. Market news resources and trading guides are also important aspects that a good binary options broker should have. This section of our binary options website will provide you with the latest financial news for New Zealand and the NZD currency. NZD in Binary Options Trading The NZD was strong late Tuesday, yet overnight gains were weak. This was a result of binary traders’ fears that the Reserve Bank of New Zealand would cut its Official Cash Rate. Although the retail shopping data jumped in the third quarter, it was still below the Reserve Bank’s target range. Continue reading below for news on the NZD/USD and NZD/AUD binary forex pairs, so that you will have up-to-date info to help guide you in your binary options trading decisions. NZD/USD Forex PairLast week saw little movement for the NZD currency against the USD, as uncertainty over the possible request for a Spanish bailout brought concern to binary options forex traders regarding global economic outlook. The NZD/USD binary forex pair hit 0.8144 on Wednesday and at the market’s close on Friday, a decrease of 0.06% for the week.The NZD/USD continued to fall further on Sunday night, reaching its lowest point since September 11th.  The market managed to respond bullishly, but sentiment for forex options traders remains low.Government data on consumer price inflation will be released today by the U.S. The government will also release official data on treasury long-term purchases and the capacity utilization rate. Keep a look out for these events, as it could affect your binary options trading.AUD/NZD Forex PairLast week, the AUD/NZD forex binary option pair saw its first gain in five weeks. The currency pair is still unstable.This week opened with a 25 pip upside gap advantage. As of yesterday, price was moving in Asian trade within a tight range below the 1.2550 level. Binary options brokers expect the 1.2570 level to limit short-term rallies, and subsequently 1.2595 and 1.2640.Today’s Financial EventsSome binary options brokers provide their users with a financial calendar of important events coming up in the financial world. Binary options traders tend to find these calendars very helpful as the outcome of these events may greatly affect their trading. Today’s important events for the New Zealand binary options trader include the impending release of official U.S. government data on the capacity utilization rate, which will provide binary traders with a general reflection on consumer price inflation. Another crucial event occurring today is the U.S.’s release of official data regarding treasury long-term purchases, which will represent the balance of domestic and foreign investment. Be sure to keep the data in mind before deciding which binary options to select today.

Binary Options Weekly Outlook October 22-October 26
U.S. Stocks Slide on Poor Earnings, Housing Data!

U.S. stocks made heavy losses during Friday’s trading session, pushing the Dow Jones lower last week. The leading U.S. index tumbled 1.52% to 13,343.51 on Friday. The drop came as new U.S. homes sales came out worse than was expected. In addition, quarterly earnings for the leading U.S. companies turned out to be weak. The S&P ended the session lower by 1.66% and the Nasdaq Composite Index dipped 2.19%.

There was much bearishness for crude oil both last week and during Friday’s trading session. Traders decided to sell the commodity on the much stronger dollar and due to the poor data from the U.S. economy. Crude slid $2.02 to $90.51 on Friday. Gold also made big losses last week, and this was topped off on Friday when the gold binary option slipped a whopping $22.05 to the $1,722.65 level.

The dollar saw a resurgence in value at the end of last week. It soared against all of its peers, as traders were cautious about investing their money in other assets. The dollar made gains against the euro, pound, yen, Swissy and other leading currencies. The forex market has been very volatile lately. Traders are hoping the dollar will unwind its recent gains this Monday and in the days ahead.

This week’s main events – Monday October 22 – Friday October 26:

Monday October 22:

  • 00:30 GMT JPY  BOJ Gov Shirakawa Speaks – As head of the central bank, which controls short term interest rates, he has important influence over the nation’s currency value.

Tuesday October 23:

  • 12:30 GMT CAD  Core Retail Sales m/m –Change in the total value of sales at the retail level, excluding automobiles.
  • 13:00 GMT EUR  German ZEW Economic Sentiment –Interest rate at which major financial institutions borrow and lend overnight funds between themselves. Short term interest rates are the paramount factor in currency valuation.

Wednesday October 24:

  • 00:30 GMT AUD  CPI m/m – Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.
  • 11:45 GMT EUR  ECB President Draghi Speaks – As head of the ECB, which controls short term interest rates, he has more influence over the euro’s value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.
  • 14:30 GMT USD  Crude Oil Inventories – The change in the number of barrels of Crude Oil held in inventory by commercial firms during the past week.
  • 18:15 GMT USD  FOMC Statement – It’s the primary tool the FOMC uses to communicate with investors about monetary policy.

Thursday October 25:

  • 08:30 GMT EUR  Prelim GDP q/q – Change in the inflation adjusted value of all goods and services produced by the economy.
  • 12:30 GMT USD  Unemployment Claims – The number of individuals who filed for unemployment insurance for the first time during the past week. The number of unemployed people is an important signal of overall economic health.
  • 14:00 GMT USD  Pending Home Sales m/m – Change in the number of homes under contract to be sold but still awaiting the closing transaction, excluding new construction.

Friday October 26:

  • 12:30 GMT USD  Advance GDP m/m – Annualized change in the inflation-adjusted value of all goods and services produced by the economy. It’s the broadest measure of economic activity and the primary gauge of the economy’s health.
  • 13:55 GMT USD  Prelim UoM Consumer Sentiment – Survey of about 500 consumers which asks respondents to rate the relative level of current and future economic conditions.

Binary Options Weekly Outlook September 24-September 28

Spanish Bailout Talk to Drive Trading in the Days Ahead!

Stocks were mixed on Wall Street amid increased talk of a bailout for Spain. The Dow Jones Industrial Average fell 17 points to 13,579.93. Meanwhile, the German DAX Index gained a lot of strength during the European trading session. The mood in the markets currently is that there are high hopes for a Spanish bailout. This is in contrast to a few months ago, when the European Central Bank was more reluctant to intervene. With Germany now a more active country in helping to support the survival of the Euro and the Eurozone, this is good news for investors.

Gold advanced on Friday by more than $5 to the $1,772.85 level on Spanish bailout hopes. Traders also decided to buy into Crude Oil, trimming the energy’s losses last week. Oil prices rose by 0.7% on Friday to $93.06. This was due to more confidence in the markets and on a weaker greenback.

There was a very action-packed trading session last week, and the coming days will see lots of market volatility. The reality is that there are many factors affecting the leading assets at the moment. This offers traders the chance to make a lot of profit in the days ahead, so start looking into the best openings now.

This week’s main events – Monday September 24 – Friday September 28:

Monday September 24:

  • 08:00 GMT EUR  German Ifo Business Climate – Survey of about 7,000 businesses which asks respondents to rate the relative level of current business conditions and expectations for the next 6 months.

Tuesday September 25:

  • 12:30 GMT CAD  Core Retail Sales m/m –Change in the total value of sales at the retail level, excluding automobiles. Automobile sales account for about 20% of Retail Sales, but they tend to be very volatile and distort the underlying trend.
  • 14:00 GMT USD  CB Consumer Confidence – The survey of about 5,000 households which asks respondents to rate the relative level of current and future economic conditions including labor availability, business conditions, and overall economic situation.

Wednesday September 26:

  • 10:00 GMT GBP  CB Realized Sales – It’s a leading indicator of consumer spending because retailer and wholesaler sales are directly influenced by consumer buying levels.
  • Tentative EUR  German 10-y Bond Auction – Average yield on 10-year bonds the government sold at auction, and the bid-to-cover ratio of the auction.
  • 14:00 GMT USD  New Home Sales – The annualized number of new single-family homes that were sold during the previous month.
  • 14:30 GMT USD  Crude Oil Inventories – The change in the number of barrels of Crude Oil held in inventory by commercial firms during the past week.

Thursday September 27:

  • 08:30 GMT GBP  Current Account – The difference in value between imported and exported goods, services, income flows, and unilateral transfers during the previous quarter.
  • Tentative EUR  Italian 10-y Bond Auction – Average yield on 10-year bonds the government sold at auction, and the bid-to-cover ratio of the auction. This will be the most important economic event coming out of the Eurozone this Thursday, so make sure to follow it closely.
  • 12:30 GMT USD  Unemployment Claims – The number of people  who filed for unemployment insurance for the first time during the past week.

Friday September 28:

  • 12:30 GMT CAD  GDP m/m – The Change in the inflation-adjusted value of all goods and services produced by the economy. It’s the broadest measure of economic activity and the primary gauge of the economy’s health.
  • 13:55 GMT USD  Revised UoM Consumer Sentiment – Survey of about 500 consumers which asks respondents to rate the relative level of current and future economic conditions.

Binary Options Weekly Outlook September 10-September 14
European Indexes to be in the Spotlight after Friday’s Performance!Indexes across Europe capped very important gains on Friday following comments by ECB President Draghi. It is the opinion of investors that he is helping Eurozone countries get their act together by cutting borrowing costs. Slashing borrowing costs is seen as one of the ways in solving the European deb crisis. The indexes to watch this week will be the DAX, FTSE and CAC 40.The forex market was very volatile on Friday, as from the morning onwards there was a return of optimism to the markets. The biggest losers were the Dollar and the Yen. The biggest winners were the Euro, Pound and Aussie. Traders opted for riskier currencies, as there was so much confidence in the markets during Friday’s trading session.Crude Oil and other leading commodities advanced during Thursday and Friday’s trading sessions. The worst of the global economic slowdown is not over, so traders should still be cautious while trading the financial markets. However, this does not discount the array of opportunities from traders of all types especially in binary options.There will be some important rate decisions from Switzerland and New Zealand in the week ahead. In addition, it is advised that you follow the bond auction in the Eurozone. Start studying the markets now to know more about the best openings once the week’s trading gets started.
 
This week’s main events – Monday September 10 – Friday September 14: Monday September 10:
  • 08:30 GMT EUR  Sentix Investor Confidence – This is the level of a diffusion index based on surveyed investors and analysts.
Tuesday September 11:
  • 08:30 GMT GBP  Trade Balance –The difference in value between imported and exported goods during the reported month, which is known to create a big market impact.
  • 23:50 GMT JPY  Tertiary Industry Activity m/m – Change in thetotal value of services purchased by businesses.
 Wednesday September 12:
  • 00:30 GMT AUD  Westpac Consumer Sentiment – Survey of about 1,200 consumers which asks respondents to rate the relative level of past and future economic conditions.
  • 08:30 GMT GBP  Claimant Count Change – The change in the number of people claiming unemployment-related benefits during August. This is set to test how strong the British labor market and economy is at the moment.
  • 14:30 GMT USD  Crude Oil Inventories – The change in the number of barrels of Crude Oil held in inventory by commercial firms during the past week.
  • 21:00 GMT NZD  Official Cash Rate – The interest rate at which banks lend balances held at the RBNZ to other banks.
  Thursday September 13:
  • 07:30 GMT CHF  Libor Rate – The London interest rate for 3-month Swiss Franc Deposits.
  • Tentative EUR  Italian 10-y Bond Auction – Average yield on 10-year bonds the government sold at auction, and the bid-to-cover ratio of the auction. This will be the most important economic event coming out of the Eurozone this Thursday, so make sure to follow it closely.
  • 12:30 GMT USD  Unemployment Claims – The number of people  who filed for unemployment insurance for the first time during the past week.
Friday September 14:
  • 09:00 GMT EUR  CPI y/y – The change in the price of goods and services purchased by consumers. Consumer prices account for a majority of overall inflation. This release is set to lead to a lot of market volatility this coming Friday.
  • 13:55 GMT USD  Prelim UoM Consumer Sentiment – This is a survey of around 500 consumers which asks respondents to rate the relative level of current and future economic conditions. Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity.

Binary Options Weekly Outlook August 27-August 31

Dollar Gains on Upward Correction and Slowing Eurozone Economy!

The Dollar gained versus the majority of its main currency counterparts following a selloff earlier last week, stemming from dovish comments made by the Federal Reserve. Dollar demand was also fueled by fears that the Eurozone economy will slow down further. The EUR/USD pair slid on Friday by 0.43% to $1.2512. The USD/JPY added 0.21% to 78.66 Yen. The GBP/USD made losses of 0.31% to $1.5811.

There was a rally in U.S. stocks on Friday. This is highly important, as equities on Wall Street fell for much of last week’s trading session. Stocks surged after Fed Chairman Ben Bernanke told a U.S. lawmaker that there is further scope to loosen monetary policy. The Dow Jones rose 0.77% to 13,157.97. The Nasdaq 100 and the S&P 500 also made impressive gains.

Crude Oil fell on Friday, as the optimism on Wall Street was not enough to drive the commodity higher. The reality of the strong greenback was too much for Oil, pushing the commodity lower by 0.18% to $96.08 on Friday. Gold ended up a touch higher at the $1,670.75 level.

There are many exciting economic events in the coming week of trading. Therefore, it is time to study the markets and get ready to open positions in your favorite binary options trades in order to make maximum profit this coming week.

This week’s main events – Monday August 27 – Friday August 31:

Monday August 27:

  • 08:00 GMT EUR  German Ifo Business Climate – Level of a composite index based on surveyed manufacturers, builders, wholesalers and retailers.

Tuesday August 28:

  • 08:00 GMT EUR  M3 Money Supply y/y –The change in the total quantity of domestic currency in circulation and deposited in banks.
  • 14:00 GMT USD  CB Consumer Confidence – A survey of about 5,000 households which asks respondents to rate the relative level of current and future economic conditions.

Wednesday August 29:

  • 07:00 GMT CHF  KOF Economic Barometer – The level of a composite index based on12 economic indicators.
  • 12:30 GMT USD  Prelim GDP q/q – Annualized change in the value of all goods and services produced by the economy.
  • 14:00 GMT USD  Pending Home Sales m/m – The change in the number of homes under contract to be sold but still awaiting the closing transaction, excluding new construction.
  • 23:50 GMT NZD  Retail Sales y/y – Change in the total value of sales at the retail level. It is a leading gauge of consumer spending, which accounts for the majority of overall economic activity.

Thursday August 30:

  • 01:00 GMT NZD  NBNZ Business Confidence – A survey of about 1,500 businesses which asks respondents to rate the relative 12-month economic outlook.
  • Tentative EUR  Italian 10-y Bond Auction – Average yield on 10-year bonds the government sold at auction, and the bid-to-cover ratio of the auction. This will be the most important economic event coming out of the Eurozone this Thursday, so make sure to follow it closely.
  • 12:30 GMT USD  Unemployment Claims – The number of people  who filed for unemployment insurance for the first time during the past week.

Friday August 31:

  • 12:30 GMT CAD  GDP m/m – The change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary gauge of the economy’s health.
  • 12:30 GMT USD  Fed Chairman Bernanke Speaks – As head of the central bank, which controls short term interest rates, he has more influence over the nation’s currency than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.

Binary Options Weekly Outlook August 20-August 24
Gold Slides on Optimistic Consumer Sentiment Data!

Gold prices tumbled during Friday’s trading following the report that consumer sentiment numbers came out better-than-expected. This lowered the likelihood that the Federal Reserve will stimulate the economy. Gold futures for October delivery finished the session 0.08% lower at $1,615.75 on the Comex division of the New York Mercantile Exchange in New York. Despite the fact that the U.S. unemployment rate is rising, it is expected that growth of the U.S. economy will continue to grow. This in turn will ease pressure off the Fed to boost economic stimulus.

Crude Oil futures climbed on Friday due to U.S. consumers being more upbeat about the economy than was forecasted. This helped the price of Oil rise by 0.6% to $96.17. The bullishness of both Crude Oil and Gold came on Friday in spite of a stronger Dollar. A new trend we are seeing is that positive U.S. economic data is pushing the Dollar and commodities higher.

The GBP/USD forex binary option plummeted during Friday’s trading session on the release of strong U.S. consumer sentiment data. The GBP/USD dropped 0.24% to $1.5696. The positive U.S. news helped push the Dollar higher versus virtually all of its major peers on Friday. However, the Pound surged versus the greenback earlier last week on the publication of strong retail sales data.

There is likely to be a lot of movement for the leading assets during the upcoming trading week. This is good news for traders who want to make high returns on their investments. Start opening your favorite binary options when the markets open in the coming hours.

This week’s main events – Monday August 20 – Friday August 24:

Monday August 20:

  • 22:45 GMT NZD  Visitor Arrivals m/m – Change in the number of short-term overseas visitors who arrived in the country.

Tuesday August 21:

  • 08:30 GMT GBP  Public Sector Net Borrowing–This measures the difference in value between spending and income for public corporations, the central government and local governments during July.
  • 23:50 GMT JPY  Trade Balance – The difference in value between imported and exported goods during July.

Wednesday August 22:

  • 12:30 GMT CAD  Core Retail Sales m/m – The change in the total value of sales at the retail level, excluding automobiles.
  • 14:00 GMT USD  Existing Home Sales – Annualized number of residential buildings that were sold during the previous month, excluding new construction.
  • 14:30 GMT USD  Crude Oil Inventories – This measures the change in the number of barrels of Crude Oil held in inventory by commercial firms during the past week.
  • 18:00 GMT USD  FOMC Meeting Minutes – It is a detailed record of the FOMC’s most recent meeting, providing in-depth insights into the economic and financial conditions that influenced their vote on where to set interest rates.

Thursday August 23:

  • 07:30 GMT EUR  German Flash Manufacturing PMI – The level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.
  • 12:30 GMT USD  Unemployment Claims – The number of individuals who filed for unemployment insurance for the first time during the past week.
  • 14:00 GMT USD  New Home Sales – The annualized number of new single-family homes that were sold during the previous month.

Friday August 24:

  • 08:30 GMT GBP  Revised GDP q/q – The change in the inflation-adjusted value of all goods and services produced by the economy.
  • 12:00 GMT USD  Core Durable Goods Orders m/m – Change in the total value of new purchase orders placed with manufacturers for durable goods, excluding transportation items. It is a leading indicator of production. Rising purchase orders signal that manufacturers will increase activity as they work to fill orders.

Binary Options Weekly Outlook August 13-August 17
U.S. Stocks Climb on Talk of Fed Easing!

There was very volatile trading for U.S. stocks and other assets last week. In fact, the majority of the previous week saw a lot of optimism, whereby global stocks and Crude Oil gained significantly. On Friday, U.S. equities made an impressive rally on the talk of further stimulus by the Federal Reserve. This came on worsening Chinese trade data, which led investors to the conclusion that the Fed will act sooner rather than later to stimulate the American economy.The Dow Jones jumped on Friday by 42.76 points, or 0.32%, to 13,207.95. The Nasdaq Composite index capped gains of 4.55 points, or 0.17%, to 2,722.30. The S&P 500 index climbed 1.65 points, or 0.12%, to 1,402.15. This marked the fifth straight week of gains for both the Dow Jones and S&P 500.The EUR/USD fell more than 1% last week, with Friday seeing losses of 0.13% to $1.2290 for the pair. Meanwhile, the GBP/USD pair rose 0.32% to $1.5688. This comes after much bearishness being present in the GBP/USD forex binary option lately. The EUR/GBP also slid, as traders went bullish on the British Pound on Friday.There are so many factors which are driving the financial markets at the moment. This means that traders really need to stay ahead of events at all times. This will at least ensure that you have a better chance of earning the desired returns from binary options trades. The British and American economies will be publishing numerous data releases this coming week. Therefore, make sure to follow them closely while opening your binary options trades. 

This week’s main events – Monday August 13 – Friday August 17:

Monday August 13:

  • 22:45 GMT NZD  Core Retail Sales q/q – Change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations.
 Tuesday August 14:
  • 08:30 GMT GBP  CPI y/y –This measures the change in the price of goods and services purchased by consumers.
  • 09:00 GMT EUR  German ZEW Economic Sentiment – The level of a diffusion index based on surveyed German institutional investors and analysts.
 Wednesday August 15:
  • 08:30 GMT GBP  Claimant Count Change – The change in the number of people claiming unemployment-related benefits during July.
  • 08:30 GMT GBP  MPC Meeting Minutes – It is a detailed record of the BOE MPC’S most recent meeting, providing insights on what influenced their decision on where to set interest rates.
  • 12:30 GMT USD  Core CPI m/m – This is a measurement of the change in the price of goods and services purchased by consumers, excluding food and energy.
  • 12:30 GMT USD  Empire State Manufacturing Index – Survey of about 200 manufacturers in New York state which asks respondents to rate the relative level of general business conditions.
 Thursday August 16:
  • 08:30 GMT GBP  Retail Sales m/m – The change in the total value of sales at the retail level.
  • 12:30 GMT USD  Building Permits – The annualized number of new building permits issued during the month of July.
  • 12:30 GMT USD  Unemployment Claims – The number of individuals who filed for unemployment insurance for the first time during the past week.
Friday August 17:
  • 12:30 GMT GBP  Core CPI m/m – This is one of the leading indicators of Canadian economic health, which means the result will play a pivotal role in driving USD/CAD trading this coming Friday.
  • 13:55 GMT USD  Prelim UoM Consumer Sentiment – This is a survey of about 500 consumers which asks respondents to rate the relative level of current and future economic conditions. Financial confidence is a top gauge of consumer spending, accounting for a majority of overall economic activit

Binary Options Weekly Outlook August 6-August 10

Global Stocks and Equities Soar on Positive U.S. Data

There was a lot of market volatility during last week’s trading session. Friday was an action-packed day, as this was following Thursday’s meeting of the European Central Bank where there was a lack of decisiveness with regards to the Euro and the Eurozone economy. The result of this initially pushed riskier currencies and leading other assets lower. However, from Friday morning commodities such as Crude Oil and Gold made a bullish comeback. The Euro and higher-yielding currencies also made a bullish correction on Friday. This was following much negative sentiment being in the markets last week.

Crude Oil was one of the leading gainers, climbing several dollars to far above the $90 a barrel mark. It seems that the positive economic data from the U.S. economy on Friday had an impact. This was in spite of Oil declining 2% on Thursday. In addition, traders bought into Gold, whereby the commodity was up considerably most of Friday.

Last week saw a lot of weakness in the Euro, especially on Thursday following the ECB meeting. Friday saw these losses reversed, as the EUR/USD was trading higher by just about 200 pips for much of Friday’s session.

The great volatility of the financial markets last week shows just how many opportunities traders have each trading day and week. This means you should get in on the action and take a look at the upcoming economic events this coming week. The industrialized countries will be publishing crucial economic data. It is vital that additional positive economic data is published from the U.S. in order to lead the world to an economic recovery.

This week’s main events – Monday August 6 – Friday August 10:

Monday August 6:

  • 13:00 GMT USD  Fed Chairman Bernanke Speaks – As head of the central bank, which controls short term interest rates, he has more influence over the nation’s currency value than any other person.
Tuesday August 7:
  • 12:30 GMT CAD  Building Permits m/m –The change in the total value of new building permits issued. It is an excellent gauge of future construction activity.
  • 23:50 GMT JPY  Current Account – The difference in value between imported and exported goods, services, income flows and unilateral transfers during the reported month.
 Wednesday August 8:
  • 09:30 GMT GBP  BOE Inflation Report – It provides useful insight into the bank’s view of economic conditions and inflation.
  • Tentative EUR  German 10-y Bond Auction – Average yield on 10-year bonds the government sold at auction, and the bid-to-cover ratio of the auction.
  • 14:30 GMT USD  Crude Oil Inventories – This measures the change in the number of barrels of Crude Oil held in inventory by commercial firms during the past week.
  • 22:45 GMT NZD  Unemployment Rate – The percentage of the total workforce that is unemployed and actively seeking employment during the previous quarter.
  Thursday August 9:
  • 01:30 GMT AUD  Employment Change – The change in the number of employed people during the previous month.
  • Tentative JPY  Overnight Call Rate – The change in the number of employed people during the month of July.
  • 12:30 GMT USD  Unemployment Claims – The number of individuals who filed for unemployment insurance for the first time during the past week.
Friday August 10:
  • 08:30 GMT GBP  PPI Input m/m – It measures the change in the price of goods and raw materials purchased by manufacturers. It is a leading indicator of consumer inflation.
  • 12:30 GMT USD  Import Prices m/m – This measures the change in the price of goods and services purchased domestically. It is vital that traders follow this data release, as it will drive EUR/USD trading during Friday’s session.

Binary Options Weekly Outlook July 30-August 3
Optimism Rightfully Returns to the Markets!
The first few trading days of last week saw a lot of bearishness in the financial markets. However, from Thursday onwards optimism became more apparent. The markets went higher on Thursday due to comments by ECB President Mario Draghi that European policymakers will pledge to preserve the Euro. The beginning of Friday’s session saw the Euro’s gains start to wither. This was turned on its head after U.S. GDP rose 1.5% in the second quarter. Immediately following this publication risk sentiment kicked in.Stocks in Asia, Europe and the U.S. made impressive gains during Friday’s trading session. This is following the advances they made on Thursday too. The latest optimism in the markets is what investors have long awaited. The Euro has been declining too much as of late, and traders hope the EUR/USD pair trading above $1.2350 will be permanent.Gold and Crude Oil also made impressive notable advances on Friday. The two factors that helped push commodities higher were a weaker Dollar and increased demand for riskier assets. Therefore, the behavior we saw on Friday was very understandable. The reality is that higher-yielding assets have been undervalued recently. Friday’s gains were very much a relief for financial market traders.It will be interesting to see if the bullish sentiment will continue into the coming trading week. Global policymakers will have to show investors they will take steps to boost the leading economies. If this is compounded by the release of positive economic data from the world’s largest economics, then we could see U.S. stocks rise and the Dollar fall during the coming week of trading. 
This week’s main events – Monday July 30 – Friday August 3: Monday July 30:
  • Tentative EUR  Italian 10-y Bond Auction – Average yield on 10-year bonds the government sold at auction, and the bid-to-recover ratio of the auction.
Tuesday July 31:
  • 12:30 GMT CAD  GDP m/m –The change in the inflation-adjusted value of all goods and services produced by the economy.
  • 14:00 GMT USD  CB Consumer Confidence – This measures the level of a composite index based on surveyed households.
 Wednesday August 1:
  • 08:30 GMT GBP  Manufacturing PMI – The level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.
  • 12:15 GMT USD  ADP Non-Farm Employment Change – Estimated change in the number of employed people during the previous month, excluding the farming industry and government.
  • 14:00 GMT USD  ISM Manufacturing PMI – This is a survey of about 400 purchasing managers which asks correspondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries and inventories.
  • 18:15 GMT USD  FOMC Rate Statement – it contains the outcome of the FOMC’s vote on interest rates and other policy measures.
 Thursday August 2:
  • 01:30 GMT AUD  Retail Sales m/m – The change in the total value of sales at the retail level.
  • 01:30 GMT AUD  Trade Balance – The difference in value between imported and exported goods and services during the reported month.
  • 12:30 GMT USD  Unemployment Claims – The number of individuals who filed for unemployment insurance for the first time during the past week.
Friday August 3:
  • 08:30 GMT GBP  Services PMI – It is a leading indicator of economic health. Businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company’s view of the economy.
  • 12:30 GMT USD  Non-Farm Employment Change – The change in the number of employed people during the previous month, excluding the farming industry. Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity.

Binary Options Weekly Outlook July 23-July 27
S&P Caps First 2-Week Advance Since June!

U.S. stocks soared on Friday, giving the S&P 500 its first back-to-back weekly gain since the month of June.The gains are largely due to positive earnings data from companies such as IBM. In addition, Fed Chairman Ben Bernanke stated that he is prepared to add additional stimulus to the U.S. economy.

The Dow Jones Industrial Average rose last week by 45.48 points, or 0.4%, to 12,822.57. The S&P rose 0.4% to 1,362.66. IBM jumped 3.5% to $192.45. EBay soared 12% to $44.85. Google Inc. made gains of 6% to $610.82. Intel Corp. advanced 1.1% to $25.52.

The euro fell for its fourth consecutive week versus the Yen. It hit a 12-year low vs. the Japanese currency on the crisis in the region worsening, dampening the demand for the European single currency. Meanwhile, the greenback slid vs. the majority of its peers on the bets that the Fed will step in and introduce monetary easing measures soon. The Aussie rose last week, as traders sought higher-yielding currencies.

The EUR/JPY fell 1.6% to 95.43 Yen on Friday from 96.88 Yen a week earlier. It hit the 95.35 Yen level on Friday, the lowest rate since November 2000. The EUR/USD pair fell for a third week by 0.8% to $1.2157. The pair hit $1.2144 on Friday, the lowest level since June 2010. The yen climbed vs. the Dollar last week by 0.9% to 78.49 Yen.

There promises to be much market volatility over the coming trading days. This means that there will be various market openings. Therefore, start researching the market behavior of your favorite binary options now.

This week’s main events – Monday July 23 – Friday July 27:

Monday July 23:

  • 01:30 GMT AUD  PPI q/q – Change in the price of finished goods and services sold by producers.

Tuesday July 24:

  • 12:30 GMT CAD  Core Retail Sales m/m –The change in the total value of sales at the retail level, excluding automobiles.
  • 12:45 GMT USD  Fed Chairman Bernanke Speaks – Due to speak about early childhood at the Children’s Defense Fund National Conference in Cincinnati.

Wednesday July 25:

  • 01:30 GMT AUD  CPI q/q – The change in the price of goods and services which are purchased by consumers.
  • 08:30 GMT EUR  German Ifo Business Climate – Level of a composite index based on surveyed manufacturers, builders, wholesalers and retailers.
  • 08:30 GMT GBP  Prelim GDP q/q – This measures the change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary gauge of economic health.
  • 14:30 GMT USD  Crude Oil Inventories – The change in the number of barrels of Crude Oil held in inventory by commercial firms during the past week.

Thursday July 26:

  • 12:30 GMT USD  Core Durable Goods Orders m/m – The change in the total value of new purchase orders placed with manufacturers for durable goods, excluding transportation items.
  • 12:30 GMT USD  Unemployment Claims – The number of people  who filed for unemployment insurance for the first time during the past week.
  • 23:50 GMT JPY  Retail Sales y/y – The change in the total value of sales at the retail level. It is the primary gauge of consumer spending, which accounts for the majority of overall economic activity.

Friday July 27:

  • All Day EUR  German Prelim CPI m/m – This measures the change in the price of goods and services purchased by consumers.
  • 12:30 GMT USD Advance GDP m/m – The annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary gauge of the economy’s health.

Binary Options Weekly Outlook July 16-July 20
Crude Oil Marks Longest Winning Streak in a Month!
Crude Oil rose for a third day on Friday, marking the longest winning streak in a month. This comes on slowing growth for China, which has led to the speculation that there will be stimulus for the Chinese economy in the near future. This also helped push U.S. equities higher on Friday. Crude jumped 1.2% on Friday, as Chinese growth was at its slowest pace in 3 years in the second quarter. Crude Oil for August delivery climbed $1.02 to settle at the $87.10 level. This helped the energy cap a weekly advance of 3.1%. However, the energy is still down 12% this year.The European single currency slid to its lowest rate in 2 years vs. the U.S. Dollar on the fear that the European debt crisis is worsening. The JPY climbed for a third week vs. the Dollar on the prediction that global central banks will take steps to boost economic growth.There is expected to be a volatile trading week from this coming Monday onwards. It is recommended that you study the markets carefully before making your trading decisions. Fed Chairman Bernanke is expected to testify before Congress this week. Meanwhile, there will be a variety of publications from the U.S., Canada, the U.K. and the Eurozone in the coming days. This week’s main events – Monday July 16 – Friday July 20: Monday July 16:
  • 12:30 GMT USD  Retail Sales m/m – Change in the total value of sales at the retail level.
Tuesday July 17:
  • 08:30 GMT GBP  CPI y/y –This measures the change in the price of goods and services purchased by consumers.
  • 09:00 GMT EUR  German ZEW Economic Sentiment – A survey of about 350 German institutional investors and analysts which asks respondents to rate the relative 6-month economic outlook for Germany.
 Wednesday July 18:
  • 08:30 GMT GBP  Claimant Count Change – The change in the number of people claiming unemployment-related benefits during the previous month.
  • 12:30 GMT USD  Building Permits – Annualized number of new residential building permits issued during the previous month..
  • 14:00 GMT USD  Fed Chairman Bernanke Testifies – As head of the central bank, which controls short term interest rates, he has more influence over the nation’s currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.
  • 14:30 GMT USD  Crude Oil Inventories – The change in the number of barrels of Crude Oil held in inventory by commercial firms during the past week.
 Thursday July 19:
  • 08:00 GMT EUR  Current Account – The difference in value between imported and exported goods, services, income flows and unilateral transfers during the previous month.
  • 12:30 GMT CAD  Wholesale Sales m/m – The change in the total value of sales at the retail level. It is a leading indicator of consumer spending. Retailers generally order more goods from wholesalers when they expect consumer sales to increase.
  • 12:30 GMT USD  Unemployment Claims – The number of people  who filed for unemployment insurance for the first time during the past week.
Friday July 20:
  • 08:30 GMT GBP  Public Sector Net Borrowing – Difference in value between spending and income for public corporations, the central government and local governments during the previous month.
  • 12:30 GMT CAD  Core CPI m/m – The change in the price of goods and services purchased by consumers, excluding the 8 most volatile items. Consumer prices account for the majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.

Binary Options Weekly Outlook July 9-July 13
European Stocks Climb for Fifth Week on Stimulus!

European stocks capped their fifth week of gains on the top central banks starting to take measures to add more stimulus to their respective economies. The Stoxx 600 advanced 1.3% to 254.4 last week. The markets have been supported by an increase in monetary stimulus in the U.K. and a rate cut in China and the Eurozone. The U.K.’s FTSE 100 soared 1.6%, while a number of other indexes actually fell. Volkswagen AG rose 5.5%. Porsche made gains of 2.1%.

The Canadian Dollar made impressive gains last week following leading global central banks increasing monetary stimulus in order to boost economic growth. Canada’s jobless rate slid to 7.2% in June from 7.3% in May. Canada is set to keep its interest rates unchanged at the Bank of Canada’ next meeting on July 17. The loonie rose 1.25 versus its main peers last week.

There are many important economic events this coming week which you will need to follow closely. Only doing this will ensure you have a chance of profiting from the main binary options. All the leading economies are set to publish important economic data. The trade of the week is for the Gold binary option to slide on higher optimism.

This week’s main events – Monday July 9 – Friday July 13:

Monday July 9:

  • 12:30 GMT EUR  ECB President Draghi Speaks – Mario Draghi is set to speak before the European Parliament in Brussels.

Tuesday July 10:

  • 08:30 GMT GBP  Manufacturing Production m/m –This measures the change in the total inflation-adjusted value of output produced by manufacturers.
  • 23:50 GMT JPY  Tertiary Industrial Activity m/m – The change in the total value of services produced by businesses for the U.K. economy.

Wednesday July 11:

  • Tentative EUR  German 10-y Bond Auction – The average yield on 10-year bonds the government sold at auction, and the bid-to-cover ratio of the auction.
  • 12:30 GMT USD  Trade Balance – Difference in value between imported and exported goods and services during the reported month.
  • 14:30 GMT USD  Crude Oil Inventories – The change in the number of barrels of Crude Oil held in inventory by commercial firms during the past week.
  • 18:00 USD  FOMC Meeting Minutes – This is a detailed record of the FOMC’s most recent meeting, providing in-depth insights into the economic and financial conditions that influenced their vote on where to set interest rates.

Thursday July 12:

  • Tentative JPY  Overnight Call Rate – The interest rate at which the Bank of Japan rediscounts bills and extends loans to financial institutions. Traders are advised to follow this event if they intend to trade the USD/JPY pair.
  • 09:00 GMT EUR  Industrial Production m/m – The change in the total inflation-adjusted value of output produced by manufacturers, mines and utilities. It is a leading indicator of economic health. Production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings.
  • 12:30 GMT USD  Unemployment Claims – The number of people  who filed for unemployment insurance for the first time during the past week.

Friday July 13:

  • 12:30 GMT USD  PPI Input m/m – Change in the price of goods and raw materials purchased by manufacturers. It is a leading indicator of consumer inflation. When manufacturers pay more for goods the higher costs are usually passed on to the consumer.
  • 13:55 GMT USD  Prelim UoM Consumer Sentiment – The level of a composite index based on surveyed consumers. Financial confidence is a top gauge of consumer spending, which accounts for the majority of overall economic activity.

Binary Options Weekly Outlook July 2-July 6
Crude Oil Climbs the Most in 3 Years on Europe Optimism!

Crude OilCrude Oil rose by the most in more than 3 years on the New York Mercantile Exchange on Friday. This is on relief that the European debt crisis may be curbed following an agreement to ease restrictions on Spanish loans. Futures rose $7.27 to settle at $84.96. Friday saw the biggest daily price rise since March 12, 2009. However, prices are still lower by 14% this year. The commodity also soared due to U.S. business activity expanding significantly in June.

Stocks in the U.K. capped gains during Friday’s session after European leaders agreed to stimulate Spain’s economy with $152 billion. The FTSE 100 Index jumped 78.09 points, or 1.4%, to 5,571.15. HSBC Holdings Plc. soared 0.5% to 561.1 Pence. RBS rose 4.3% to 215.3 Pence.

Friday saw a very bearish day for the Dollar, while riskier currencies such as the Euro posted impressive advances. The increased risk sentiment in the market is expected to carry on into the upcoming trading week. The fact that European policymakers have finally come to their senses to agree on the terms for the future of the Eurozone will continue to help the Euro in the next few days of trading.

This week’s main events – Monday July 2 – Friday July 6:

Monday July 2:

  • 14:00 GMT USD  ISM Manufacturing PMI – The level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.

Tuesday July 3:

  • 01:30 GMT AUD  Building Approvals m/m –This measures the change in the number of new building approvals issued during May.
  • 08:30 GMT GBP  Construction PMI – Survey of about 170 purchasing managers which asks respondents to rate the relative level of business conditions.

Wednesday July 4:

  • 01:30 GMT AUD  Retail Sales m/m – The change in the total value of sales at the retail level.
  • 08:00 GMT EUR  Final Services PMI – This is the survey of 600 purchasing managers that asks respondent to rate the current level of specific business conditions for the Eurozone economy.
  • 09:00 GMT GBP  Retail Sales m/m – The change in the total of inflation-adjusted sales at the retail level. It’s the primary gauge of consumer spending, which accounts for the majority of overall economic activity.
  • 09:00 EUR  Final GDP q/q – The change in the inflation-adjusted value of all goods and services produced by the economy. It is a good idea to follow this release, as it will determine the value of the Euro during Wednesday’s trading session.

Thursday July 5:

  • 01:30 GMT AUD  Trade Balance – The difference in value between imported and exported goods and services during the reported month. Export demand and currency demand are directly linked, because foreigners must buy the domestic currency to pay for the nation’s exports.
  • Tentative EUR  Spanish 10-y Bond Auction – The average yield on 10-year bonds the government sold at auction, and the bid-to-cover ratio of the auction. The success of this debt auction will set the rate of the European single currency on Thursday.
  • 12:30 GMT USD  Unemployment Claims – The number of people  who filed for unemployment insurance for the first time during the past week.

Friday July 6:

  • 08:30 GMT GBP  PPI Input m/m – Change in the price of goods and raw materials purchased by manufacturers. It is a leading indicator of consumer inflation. When manufacturers pay more for goods the higher costs are usually passed on to the consumer.
  • 12:30 GMT CAD  Building Permits m/m – The change in the total value of new building permits issued. It is an excellent gauge of future construction activity, because obtaining a permit is among the first steps in constructing a new building.

Binary Options Weekly Outlook June 25-June 29
European Stocks Jump for the Third Week!

European stocks soared for the third consecutive week, as Greece formed a fresh collation government, which contains parties that will come together to stick to the terms of the previous two bailouts. This increases the likelihood that Greece will stay in the Euro. The Stoxx Europe 600 Index jumped 1% to 246.58. It seems that the recent Greek elections a week ago have helped ease pressure on the Euro. Aer Lingus climbed 14% last week, while Ryanair rose 5.5%. Air France-KLM Group rallied 17%.

The Dollar soared against the Euro for the first time in three weeks, as the U.S. Federal Reserve maintained its current stimulus. It was expected that the Fed would boost stimulus further to help the U.S. economy. The other factor which has pushed the Euro lower has been the opposition by German Chancellor Angela Merkel to a number of bailout measures. The Dollar climbed 0.5% last week versus the Euro.

There are many important trading opportunities during the week ahead which it is recommended you follow. The leading economies are set to publish important economic data, which will determine the levels of the top binary options.  The trade of the week is opening Put options in the EUR/USD forex binary option.

This week’s main events – Monday June 25 – Friday June 29:

Monday June 25:

  • 14:00 USD  New Home Sales – Annualized number of new single-family homes that were sold  during the previous month.

Tuesday June 26:

  • 08:30 GMT GBP  Public Sector Net Borrowing –Difference in value between spending and income for public corporations, the central government and local governments during the previous month.
  • 14:00 GMT USD  CB Consumer Confidence – This is the level of a composite index based on surveyed households.

Wednesday June 27:

  • All Day EUR  German CPI m/m – The change in the price of goods and services purchased by consumers.
  • 10:00 GMT GBP  CBI Realized Sales – This is the level of a diffusion index. It is a leading indicator of consumer spending, because retailer and wholesaler sales are directly influenced by consumer buying levels.
  • 12:30 GMT USD  Core Durable Goods Orders m/m – The change in the total value of new purchase orders placed with manufacturers for durable goods, excluding transportation items. It is a leading indicator of production.
  • 23:50 JPY  Retail Sales y/y – The release is a measurement of the change in the total value of sales at the retail level. It is the primary gauge of consumer spending, which accounts for the majority of overall economic activity.

Thursday June 28:

  • 01:00 GMT NZD  NBNZ Business Confidence – The level of a diffusion index based on surveyed manufacturers, builders, retailers, agricultural firms and service providers. It is a leading indicator of economic heath, because businesses react quickly to market conditions.
  • 08:30 GMT GBP  Current Account – The difference in value between imported and exported goods, services, income flows and unilateral transfers during the previous quarter. It is directly linked to currency demand, because a rising surplus indicates that foreigners are buying more of the domestic currency to execute transactions in the country.
  • 12:30 GMT USD  Unemployment Claims – The number of people  who filed for unemployment insurance for the first time during the past week.

Friday June 29:

  • Tentative EUR  Italian 10-y Bond Auction – Average yield on 10-year bonds the government  sold at auction, and the bid-to-cover ratio of the auction.
  • 12:30 GMT CAD  Core GDP m/m – The change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary gauge of the economy’s health.

Binary Options Weekly Outlook June 18-June 22
Euro Climbs for a Second Week against the Dollar!
The Euro climbed for a second straight week versus the Dollar and its other main counterparts. This came on the eve of the Greek elections which are today. The gains are due to growing speculation that central banks around the world will take steps to increase economic growth. This is after Spain became the fourth country in the Eurozone to request a bailout.The Yen upheld it strength somewhat last week against the Dollar. This is following the Bank of Japan’s decision not to add additional stimulus to the Japanese economy. In fact, the greenback plummeted against many of its other counterparts on slowing U.S. economic growth. This increases the case for further monetary stimulus.The Euro jumped 1 percent last week to $1.2638 in New York. The Dollar slipped 0.8 percent to 78.73 Yen. The kiwi was a big gainer last week, climbing 2.3 percent to 78.81 U.S. cents.Traders will want to get in on the action this coming week, as there are plenty of trading opportunities to profit from. As soon as the markets open, you will want to make sure you open positions in the leading binary options. 

This week’s main events – Monday June 18 – Friday June 22:

Monday June 18: 
  • Day 1 ALL  G20 Meetings – Due to meet about a range of global economic issues, including the Eurozone debt crisis and IMF funding, in Mexico.
Tuesday June 19:
  • 08:30 GMT GBP  CPI y/y –The change in the price of goods and services purchased by consumers.
  • 12:30 GMT USD  Building Permits – Annualized number of new residential building permits issued during the previous month.
Wednesday June 20:
  • 06:00 GMT EUR  German PPI m/m – The change in the price of goods and services sold by manufacturers. It is a leading indicator of consumer inflation.
  • 08:30 GMT GBP  Claimant Count Change m/m – This is the change in the number of people claiming unemployment-related benefits during the previous month. It is a primary gauge of British economic health, as the figure shows just how healthy the employment situation is for the U.K. economy.
  • 16:30 GMT USD  FOMC Statement – It is the primary tool the FOMC uses to communicate with investors about monetary policy. It is advised that traders follow this event closely.
  • 22:45 NZD  GDP q/q – Change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary gauge of the economy’s health.
Thursday June 21:
  • 08:30 GMT GBP  Retail Sales m/m – The change in the total value of inflation-adjusted sales at the retail level. It is the top measurement of consumer spending, which accounts for the majority of overall economic activity.
  • 12:30 GMT CAD  Core Retail Sales m/m – This is a measurement of the change in the total value of sales at the retail level, excluding automobiles. This will be the leading economic release from the Canadian economy during Thursday’s trading session.
  • 12:30 GMT USD  Unemployment Claims – The number of people  who filed for unemployment insurance for the first time during the past week.
Friday June 22:
  • 08:00 GMT EUR  German Ifo Business Climate – Level of a composite index based on surveyed manufacturers, builders, wholesalers and retailers. It is a leading gauge of economic health, because businesses react quickly to market conditions
  • 12:30 GMT CAD  Core CPI m/m – The change in the price of goods and services purchased by consumers, excluding the 8 most volatile items. If you are an individual who trades the USD/CAD pair, following the event is a must.

Binary Options Weekly Outlook June 11-June 15
European Stocks Cap Biggest Weekly Gains Since March!
European stocks capped their biggest week of gains since March due to China slashing her interest rates and as the European Central Bank gets ready to introduce further monetary stimulus to rescue the region. The Stoxx Europe 600 Index soared 2.9% to 241.93 last week. The U.K.’s FTSE 100 Index climbed 3.3%. Spain’s IBE 35 jumped 8%. France’s CAC 44 rose 3.4%. Germany’s DAX gained 1.3%. Banco Santander SA soared 12%. Man SE added 5.6%.The Euro recorded its first week of gains versus the Japanese Yen in 7 weeks on the likelihood that Spain will receive aid for its banking sector from the European Central Bank. The EUR/JPY climbed 2.5% to 99.47 Yen. The EUR/USD pair added 0.7% to $1.2517, the Euro’s first week of gains vs. the USD in 6 weeks. The Yen slipped 1.9% against the Dollar last week to finish trading at the 79.49 Yen level.There are a number of important economic releases from the U.S. and the U.K. this coming week. If you are up for making lots of profit make sure to open up your GBP/USD and Dow Jones binary options. 
This week’s main events – Monday June 11 – Friday June 15:Monday June 11:
  • 23:50 GMT JPY  Tertiary Industry Activity m/m – Change in the total value of services purchased by businesses. It’s a leading indicator of economic health, because businesses are quickly affected by market conditions.
Tuesday June 12:
  • 08:30 GMT GBP  Manufacturing Production m/m –This measures the change in the total inflation-adjusted value of output produced by manufacturers.
  • 12:30 GMT USD  Import Prices m/m – measurement of the change in the price of imported goods and services purchased domestically.
Wednesday June 13:
  • 12:30 GMT USD  Core Retail Sales m/m – The change in the total value of  sales at the retail level, excluding automobiles. The figure is expected to remain unchanged at 0.1% this Wednesday.
  • 12:30 GMT USD  PPI m/m – This measures the change in the price of finished goods and services finished by producers. It is a leading indicator of consumer inflation, which means you should make sure to follow this event closely.
  • 14:30 GMT USD  Crude Oil Inventories – This is the change in the number of barrels of Crude Oil held in inventory by commercial firms during the past week.
  • 21:00 NZD  Official Cash Rate – Interest rate at which banks lend balances held at the RBNZ to other banks. Short term interest rates are the paramount factor in currency valuation. Therefore, be sure to open up NZD/USD forex binary options prior to this event.
Thursday June 14:
  • 07:30 GMT CHF  Libor Rate – The London interest rate for 3-month Swiss Franc deposits. This will be the most important data release this coming week foe the Swiss economy and currency.
  • 12:30 GMT USD  Core CPI m/m – The change in the price of goods and services purchased by consumers, excluding food and energy. Consumer prices account for a majority of overall inflation. The figure is expected to remain unchanged from the previous result at 0.2%.
  • 12:30 GMT USD  Unemployment Claims – The number of people  who files for unemployment insurance for the first time during the past week.
Friday June 15:
  • 08:30 GMT GBP  Trade Balance – Difference in value between imported and exported goods during the month of May. Export demand and currency demand are directly linked, because foreigners must buy the domestic currency to pay for the nation’s exports.
  • 13:55 GMT USD  Prelim UoM Consumer Sentiment – The level of a composite index based on surveyed consumers. Financial confidence is a leading gauge of consumer spending, which accounts for a majority of overall economic activity.

Binary Options Weekly Outlook June 4-June 8
Commodities Slide for a Fifth Straight Week!

Commodities such as Gold, Silver and Copper slid for yet another week, capping a fifth weekly decline in a row. In addition, energies including Crude Oil are also included in this decline. This is the result of growing pessimism from a European economy that is sinking into the abyss and slowing growth of the other largest economies. With regards to Oil, this has led to speculation of lower fuel demand. When speaking of precious metal, traders have opted for the U.S. Dollar.

The Dollar made an impressive week of gains versus its main peers. Traders opted for the greenback due to its safe-haven status. This comes as one country after another in the Eurozone has felt the bite of the debt crisis. Therefore, investors are looking for haven assets to invest their money.

There are plenty of trading opportunities in the coming trading days. As a result, you should be ready for choices when investing in binary options. Going short on the EUR/USD and GBP/USD forex binary options are set to offer the highest returns this week.

This week’s main events – Monday June 4 – Friday June 8:

Monday June 4:

  • 14:00 GMT USD  Factory Orders m/m – Change in the total value of new purchase orders placed with manufacturers. It’s a leading indicator of production in the U.S. economy.

Tuesday June 5:

  • 12:30 GMT CAD  Building Permits m/m – This measures the change in the total value of new building permits issued. The figure needs to be better than the 2.3% forecast to really help the CAD this coming Tuesday.
  • 14:00 GMT USD  ISM Non-Manufacturing PMI – The level of a diffusion index based on surveyed purchasing managers, excluding the manufacturing industry.

Wednesday June 6:

  • 08:30 GBP  Construction PMI – Level of a diffusion index based on surveyed purchasing managers in the construction industry. It is a leading indicator of economic health, because businesses react quickly to market conditions.
  • 11:45 EUR  Minimum Bid Rate – Short term interest rates are the paramount factor in currency valuation. Traders look at most other indicators merely to predict how rates will change in the future. Rates are expected to be kept the same for the Eurozone at 1%.

Thursday June 7:

  • 01:30 GMT AUD  Unemployment Rate – The percentage of the total workforce that is unemployed and actively seeking employment during the previous month. The number of unemployed people is a signal of overall economic health.
  • 11:00 GMT GBP  Official Bank Rate – Interest rates at which banks lend balances held at the BOE to other banks. Those of you that are GBP traders are advised to follow this event closely.
  • 12:30 GMT USD  Unemployment Claims – This is a measure of the number of individuals who filed for unemployment insurance for the first time during the past week.
  • 14:00 GMT CAD  Ivey PMI – The level of a diffusion index based on surveyed purchasing managers. This will be the most important economic event coming out of the Canadian economy on Thursday. Therefore, traders are advised to open their Canadian Dollar positions prior to then.
  • 23:50 GMT JPY  Current Account – The difference in value between imported goods and exported goods, services, income flows and unilateral transfers  during the reported month.

Friday June 8:

  • 08:30 GMT GBP  PPI Input m/m – Change in the price of goods and raw materials purchased by manufacturers. It is a leading indicator of inflation, because when manufacturers pay more for goods the higher costs are usually passed on to the consumer.
  • 12:30 GMT USD  Trade Balance – The difference in value between imported and exported goods and services during the month of April for the U.S. economy.

Binary Options Weekly Outlook May 28-June 1
Euro Tumbles for Yet Another Week!

The European single currency fell versus nearly all of its main currency counterparts last week. This comes as the European debt crisis fails to go away. This is despite Italian Prime Minister Mario Monti and French President Francoise Hollande reiterating that they will do all they can to rescue the Eurozone economy.

Crude Oil and Gold slid during last week’s trading session. The losses are largely due to some progress on Iran talks. Also, the rising stockpiles and the fears that demand will fall in the world’s largest economies has led to less demand for these 2 commodities. As a result, traders have decided to sell them off.

There are plenty of trading opportunities this upcoming week. This means that investors need to be aware of the profits that they can make. Following the data releases from the U.S., Eurozone, U.K. and Australia could assist traders while opening up binary options trades. The GBP/USD and EUR/USD forex binary options are the hottest trades this upcoming week.

This week’s main events – Monday May 28 – Friday June 1:

Monday May 28:

  • 23:50 GMT JPY  Retail Sales y/y – This is the change in the total value of sales at the retail level. It is the primary gauge of consumer spending, which accounts for the majority of overall economic activity.

Tuesday May 29:

  • 14:00 GMT USD  CB Consumer Confidence – The level of a composite index based on surveyed households. This is set to determine the pace of the USD this upcoming week.
  • 22:45 GMT NZD  Building Consents m/m – The change in the number of new building approvals issued. It is a leading gauge of future construction activity.

Wednesday May 30:

  • 01:30 AUD  Retail Sales – Change in the total value of sales at the retail level. This is a leading indicator of Australian economic health. A figure better than the 0.9% result the last time round is needed to push the Australian Dollar higher during the trading week.
  • 14:00 USD  Pending Home Sales m/m – Change in the number of homes under contract to be sold but still awaiting to the closing transaction, excluding new construction. It is a top gauge of U.S. economic health.

Thursday May 31:

  • 01:30 GMT AUD  Building Approvals m/m – The change in the number of new building approvals issued. It is an excellent gauge of future construction, which will show just how healthy the Australian economy is at the moment.
  • 01:30 GMT AUD  Private Capital Expenditure q/q – change in the total inflation-adjusted value of new capital expenditures  made by private businesses. It is vital that traders follow this release if they want to trade the AUD/USD pair during the current trading week.
  • 12:15 GMT USD  ADP Non-Farm Employment Change – This is the estimated change in the number of employed people during the previous month, excluding the farming industry and government.
  • 12:30 GMT USD  Prelim GDP q/q – The release  is a measurement of the annualized change in the value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary gauge of the economy’s health.
  • 12:30 GMT USD  Unemployment Claims – This is a measure of the number of individuals who filed for unemployment insurance for the first time during the past week.

Friday June 1:

  • 14:00 GMT USD  ISM Manufacturing PMI – The level of a diffusion index based on surveyed purchasing managers in the manufacturing industry. This is one of the most important figures with regards to U.S. economic growth. Therefore, traders will want to follow this data release very closely, as it is published from the newswires.

Binary Options Weekly Outlook May 21-25
S&P 500 Falls for the Third Week in a Row!

U.S. stocks plummeted for the third week, pushing the S&P 500 Index to its longest losing streak since August. This is due to the concern that Greece could leave the Euro area and that global growth is slowing. The S&P 500 slid 4.3% to 1,295.22, its biggest weekly fall since November. The Dow Jones sank 451.22 points, or 3.5%, to 12,369.38. The Nasdaq Index fell 5.3% to 2,788.79. Bank of America Corp. slumped 7% to $7.02. Other leading banks also fell last week.

The Euro slid vs. the Dollar and Yen last week on the inability of Greek leaders to agree on austerity measures. In addition, the European single currency also fell due to the fear that the debt crisis will spread to other countries.

There are many important economic releases this coming week from the U.S., U.K. and Europe. Get ready to open positions in the leading binary options.

This week’s main events – Monday May 21 – Friday May 25:

Monday May 21:

  • 04:30 GMT JPY  All Industries Activity  m/m – This is the change in the total value of goods and services produced by businesses. It is a leading indicator of economic health, because businesses are quickly affected by market conditions.

Tuesday May 22:

  • 08:30 GMT GBP  CPI y/y – The release measures the change in the price of goods and services purchased by consumers. This is considered the U.K.’s most important inflation data because it’s used as the central bank’s inflation target.
  • 14:00 GMT USD  Existing Home Sales – The annualized number of residential buildings that were sold during the previous month, excluding new construction. This is a top gauge of economic health. The figure is expected to be 4.64M vs. the previous result of 4.48M.

Wednesday May 23:

  • Tentative JPY  Overnight Call Rate – This is the interest rate at which the Bank of Japan rediscounts bills and extends loans to financial institutions. A lot of market volatility is expected following this release.
  • Tentative JPY  BOJ Press Conference – The event is among the primary methods the BOJ uses to communicate with investors regarding monetary policy. It covers the factors that most influenced the recent rate decision.
  • 08:00 GMT EUR  Current Account – This is the difference in value between imported and exported goods, services, income flows and unilateral transfers during the previous month.
  • 08:30 GMT GBP  Retail Sales m/m – The release is a measurement of the change in the total value of inflation-adjusted sales at the retail level. It’s the primary gauge of consumer spending, which accounts for the majority of overall economic activity.
  • 14:00 GMT USD  New Home Sales – This is a measure of the annualized number of new single-family homes that were sold during the previous month. The figure is forecasted to increase to 335K. Such a result could lend a helping hand to the greenback this coming Wednesday.

Thursday May 24:

  • 12:30 GMT USD  Unemployment Claims – The figure is set to rise to 374K, which is a strong signal that the U.S. is far from being in an economic recovery. Therefore, the USD could slide later on this coming week.
  • 12:30 GMT USD  Core Durable Goods Orders – This is the change in the total value of new purchase orders placed with manufacturers for durable goods, excluding transportation items. Make sure to follow this release if you are a USD trader.

Friday May 25:

  • 12:30 GMT USD  Revised UoM Consumer Sentiment – The publication measures the level of a composite index based on surveyed manufacturers. The result of this data release will set the pace of the Dollar this coming Friday.

Binary Options Weekly Outlook May 14-18
Crude Oil Crashes to its Lowest Level in 2012!

Crude Oil slumped to its lowest level in 2012 on Friday. This was following China’s industrial growth slowing in April and on the European debt crisis worsening. Therefore, traders are of the view that fuel consumption will decrease. Crude Oil finished trading $1.43 lower on the New York Mercantile Exchange at the $95.65 level on Friday, the lowest settlement price since December 19.

The 17-nation Euro slid versus the Dollar and its other main currency counterparts last week, capping a second week of losses. This comes as Greek has been unable to form a coalition government, increasing the likelihood that it will leave the Euro bloc. The EUR/USD pair fell 1.3% last week to $1.2917. At one point the pair hit the $1.2905 level, the weakest since January 23.

Follow the data releases from the leading economies during the week ahead in order to make wise trading decisions.

This week’s main events – Monday May 14 – Friday May 18:

Monday May 14:

  • 09:00 GMT EUR  Industrial Production  m/m – This measures the change in the total inflation-adjusted value of output produced by manufacturers, mines and utilities. This is a leading indicator of economic health. The final result is forecast to be 0.5%, which could hurt the Euro during Monday’s trading session.

Tuesday May 15:

  • 09:00 GMT EUR  German ZEW Economic Sentiment – This is a highly important data release from the German economy. It is a survey of about 350 German institutional investors and analysts which asks respondents to rate the relative 6-month economic outlook for Germany.
  • 12:30 GMT USD  Retail Sales m/m – This is the change in the total value of sales at the retail level. It is the primary gauge of consumer spending, accounting for the majority of overall economic activity. This will determine the value of the greenback during the upcoming trading week.

Wednesday May 16:

  • 08:30 GMT GBP  Claimant Count Change – This is the change in the number of people claiming unemployment-related benefits during the previous month.
  • 09:30 GMT GBP  BOE Gov King Speaks – It is recommended that you follow this speech, as Mervyn King has more influence over the U.K.’s currency than any other person.
  • 12:30 GMT USD  Building Permits – The release is highly important in connection to U.S. economic health. The publication is a measurement of the annualized number of new residential permits issued during the previous month.
  • 18:00 GMT USD  FOMC Meeting Minutes – This is a detailed record of the FOMC’s most recent meeting, providing an insight into the economic conditions that influenced their vote on where to set interest rates.
  • 23:50 GMT JPY  Prelim GDP q/q – If you are an individual who trades the Japanese Yen, then make sure to follow this publication closely. It is the change in the inflation-adjusted value of all goods and services produced by the economy. It is expected to increase to 0.9% in Wednesday’s reading. Such a result could lead to a bullish Yen during mid-week trading.

Thursday May 17:

  • 12:30 GMT USD  Unemployment Claims – The figure is forecast to rise to 370K, which is a strong signal that the U.S. is far from being in an economic recovery. Therefore, the USD could slide later on this coming week.
  • 14:00 GMT USD  Philly Fed Manufacturing Index – This is the level of a diffusion index based on surveyed manufacturers in Philadelphia. It is a top gauge of economic health, so you need to follow the release closely.

Friday May 18:

  • 12:30 GMT CAD  Core CPI m/m – The figure is the change in the price of goods and services purchased by consumers, excluding the 8 most volatile items.

Binary Options Weekly Outlook May 7-11
U.S. Shares Plunge on Weak Employment Data!

The leading shares and bourses in the U.S. fell last week, as worsening labor markets show just how dismal the economic situation in the U.S. and Europe currently is. The Dow Jones tumbled 190.04 points, or 1.4%, to 13,038.27. The S&P shed 2.4% to 1,369.10. General Motors Co. slid 5% to $22.36. Apple Inc. and other leading stocks also fell last week.

The Japanese Yen climbed against all of its major peers on Friday in response to U.S. payrolls rising less than forecast. This was also before elections in Europe, which could radically change the political makeup of the Eurozone.

Commodities lost ground during Friday’s session on rising risk appetite. The leading losers were Crude Oil and Natural Gas.

Going short on the Dow Jones, Crude Oil and EUR/USD binary options are the most popular trades for the coming week.

This week’s main events – Monday May 7 – Friday May 11:

Monday May 7:

  • 07:15 GMT CHF  m/m – The publication measures the change in the price of goods and services at the retail level. This is important, as consumer prices account for a majority of overall inflation. The figure is expected to be 0.2%, which could certainly drive the Swiss Franc lower during Monday’s trading session.
  • 12:30 GMT CAD  Building Permits m/m – This is the change in the value of new building permits issued. The figure is expected to drop to 3.3% as opposed to the previous figure of 7.5%. This could lead to a bearish Canadian Dollar this Monday.

Wednesday May 9:

  • 23:50 GMT JPY  Current Account – This is a highly important data release from the Japanese economy that you will need to follow closely. It measures the difference in value between imported and exported goods, services, income flows and unilateral transfers during March.

Thursday May 10:

  • GMT AUD  Unemployment Rate – The release is highly important in connection to Australian economic health. The publication is a measurement of the percentage of the total workforce that is unemployed and actively seeking employment during April. The figure is set to increase to 5.3%, reiterating that the Australian economy is weakening.
  • 11:00 GMT GBP  Official Bank Rate – The British interest rate is expected to be kept unchanged at 0.5%. Make sure to follow this release closely on Thursday.
  • 12:30 GMT CAD  Trade Balance – If you are someone who trades the CAD, then pay close attention to this economic release. It is the difference in value between imported and exported goods during March. The result is forecasted to be 0.8B. This is set to lend a helping hand to the Canadian Dollar this coming Thursday.
  • 12:30 GMT USD  Unemployment Claims – The figure is forecast to rise to 372K, which is a strong signal that the U.S. is far from being in an economic recovery. Therefore, the USD could slide later on this coming week.
  • 13:30 GMT USD  Fed Chairman Bernanke Speaks – Ben Bernanke’s speeches always lead to high market volatility. He has more power than anyone else with regards to the strength of the greenback. He is expected to speak about the current state of the U.S. economy and future monetary policy.

Friday May 11:

  • 08:30 GMT GBP  PPI Input m/m – This is the change in price of goods and raw materials purchased by manufacturers. The figure is set to decline by -0.8%. This is highly likely to lead to a bearish GBP.
  • 13:55 GMT USD  Prelim UoM Consumer Sentiment  – Financial confidence is a leading indicator of consumer spending, accounting for a majority of overall economic activity. A rise to the 76.5 level is expected during Friday’s trading session.

Binary Options Weekly Outlook April 30-May 4
Crude Oil Soars on Positive U.S. Consumer Spending Data!

Oil rose to its highest level in more than three weeks, as U.S. spending gained the most in more than a year. In addition, positive earnings data overshadowed worse-than-predicted GDP. Crude Oil for June delivery added 38 cents on Friday to $104.93 a barrel. The black gold rose 1.8% last week and 6.2% this year. Despite last week’s gains, Oil may slide this coming week due to an unstable U.S. economy and the worsening debt crisis in Europe.

U.S. DollarThe U.S. Dollar fell versus virtually all of it major currency counterparts on Friday due to positive earnings data. The biggest losses were against the British Pound, Euro and Japanese Yen. The losses were also great due to a stock market rally on Wall Street, which pushed traders into riskier assets.

Popular trades for the upcoming week are Put options in the AUD/USD, EUR/USD and GBP/USD forex binary options.

This week’s main events – Monday April 30 – Friday May 4:

Monday April 30:

  • 12:30 GMT CAD  GDP m/m – The release will be crucial in determining which way the Canadian Dollar will go on Monday. It is the broadest measurement of economic activity and the primary gauge of the economy’s health. The Gross Domestic Product measures the change in the inflation-adjusted value of all goods and services produced by the economy.
  • 12:30 GMT USD  Personal Spending m/m – For traders who follow the U.S. economy, make sure to pay close attention to the Consumer Spending data. It is one of the most important measurements of economic health. It measures the change in the inflation-adjusted value of all expenditures by consumers.

Tuesday May 1:

  • 04:30 AUD  Cash Rate – The Reserve Bank of Australia is set to lower interest rates from 4.25% to 4.00%. This would lead to a weaker AUD in the coming weeks if the result matches the forecast.
  • 08:30 GBP  Manufacturing PMI – This is the most important economic release with regards to the U.K. economy this coming Tuesday. The publication is a level of a diffusion index based on surveyed purchasing managers in the manufacturing industry. If the result indeed comes in line with the forecast of 51.4, then the cable could decline significantly.
  • 14:00 GMT USD  ISM Manufacturing PMI – The U.S. economy has released a lot of positive data in recent weeks. This is despite weaker-than-forecast GDP in the first quarter. Make sure to open up your USD positions prior to this data release for binary options.

Wednesday May 2:

  • 08:30 GMT GBP  Construction PMI –The British economy is very shaky at the moment, especially as it is in a recession. Good manufacturing figures are required to boost the Pound this coming Wednesday.
  • 12:15 GMT USD  ADP Non-Farm Employment Change – This is the estimated change in the number of employed people during the previous month, excluding the farming industry and government. The figure is expected to be 179K vs. 209K last time round. Such a result could seriously hurt the greenback.

Thursday May 3:

  • 11:45 GMT EUR  Minimum Bid Rate – This is set to be one of the most important events coming out of the Eurozone. The interest rate is expected to be kept unchanged at 1.00%. Expect a lot of market volatility surrounding the interest rate decision.
  • 12:30 GMT USD  Unemployment Claims – The Jobless Claims is the number of individuals who filed for unemployment insurance for the first time during the past week.

Friday May 4:

  • 12:30 GMT USD  Unemployment Rate – This is the percentage of the total workforce that is unemployed and actively seeking employment during the previous month. An actual result below the 8.2% forecast is required to push the Dollar higher on Friday.

Crude Oil Soars in the Latest round of Trading!
April 25th 2012 -The price of Crude Oil has climbed both yesterday and this morning on declining inventories, a weaker dollar and following a U.S. stock market rally. In addition, it is more likely that there will be a peaceful resolution to the Iranian nuclear crisis. Traders foresee Oil to make additional gains today, because they are of the view that there is plenty of bullishness left in the commodity. If there is another rally on Wall Street today, then Crude Oil’s gains could exceed many analysts’ expectations.Stocks in the U.S. soared yesterday and equities in Asia jumped this morning. This comes on positive earnings data on Wall Street and due to higher South Korean consumer confidence. Japan’s Nikkei 225 Stock Average added 1%. Taiwan’s Taiex Index rose 0.8%. South Korea’s Kospi Index climbed 0.5%. Hong Kong’s Hang Seng Index gained 0.1%. China’s Shanghai Composite Index soared 0.3%. Samsung Electronics advanced 2.2% to 1.31 million Won. Canon Inc. added 0.9% to 3,780 Yen.The Yen tumbled against all 16 of its major currency crosses this morning on the expectation that the Bank of Japan will introduce additional stimulus in its meeting later on this week. In addition, the positive housing data from the U.S. yesterday had led to risk-taking in the markets. Therefore, safe-haven currencies such as the Japanese Yen have declined significantly. The USD/JPY pair is trading higher this morning by 0.12% at 81.41 Yen. The JPY is also a lot lower vs. the AUD and GBP.Opening up Call options in the Dow Jones and USD/JPY binary options today are set to bring a lot of profit during Wednesday’s trading session.
Today’s main events:
•    08:30 GMT GBP  Prelim GDP q/q – The Gross Domestic Product figure is the most important release coming out of the U.K. economy today. It measures the change in the inflation-adjusted value of all goods and services produced by the economy. If the figure is indeed 0.1% or better, then we could see a bullish Pound Sterling in the coming hours.
•    12:30 GMT USD  Core Durable Goods Orders m/m – This is the total value of new purchase orders placed with manufacturers for durable goods, excluding transportation items. An actual figure better than the forecast is needed to push the greenback higher today.
•    16:30 GMT USD  FOMC Statement – This is the tool the Federal Open Market Committee uses to communicate to investors about U.S. monetary policy. It discusses the economic outlook. It is highly recommended that you follow this economic event if you are interested in opening positions in the USD’s main crosses during Wednesday’s trading session.
•    18:00 GMT USD  FOMC Economic Projections – The event is the primary tool the Federal Reserve uses to communicate the economic and monetary projections to investors. To summarize, this is the FOMC’s forecast for inflation and economic growth for the next 2 years. Therefore, you really need to follow this event later today.
•    20:15 GMT CAD  BOC Governor Mark Carney Speaks – For those of you that trade the Canadian Dollar, please follow this event closely. Carney is expected to speak before the Senate banking Committee, in Ottawa. As head of the central bank, Carney has the most power with regards to short-term interest rates. As a result, he has more control over the nation’s currency value than any other person.
•    21:00 GMT NZD  Official Cash Rate – The release will determine the strength of the New Zealand Dollar over the coming trading days. Despite rates expected to remain unchanged at 2.5%, the forex market will be volatile. This means you should open positions in the NZD/USD forex binary option as soon as possible.


Binary Options Weekly Outlook April 23-27 –
European Stocks Record First Weekly Advanced in a Month!

European stocks recorded their first weekly gain since the middle of March on the IMF (International Monetary Fund) raising its economic growth forecast, improving German confidence data and due to U.S. corporate earnings beating estimates. The FTSE 100 added 2.1% to 5,772.15. Germany’s DAX climbed 2.5% to 6,750.12. However, Spain’s IBEX 35 slid 2.9%. Glencore International Plc. soared 5.9% last week, International Power Plc. rose 3.3% during last week’s trading session.

The Euro climbed to its highest level in 2 weeks against the Dollar, as German business confidence unexpectedly rose. The EUR also made impressive gains vs. the Japanese Yen. The EUR/USD pair jumped 0.61% on Friday to the $1.3218 level.

There are a number of important economic data releases and events this coming week that are expected to make the markets highly volatile. This will give traders the ideal opening to make high returns.

This week’s main events – Monday April 23 – Friday 27

Monday April 23:

  • 07:30 GMT EUR  German Flash Manufacturing PMI – This is a leading indicator of German economic health, because businesses react quickly to market conditions. The figure is expected to improve this time round to 49.1 from 48.4 in the previous reading.
  • 07:30 GMT EUR  German Flash Services PMI – The data release is the level of a diffusion index based on surveyed purchasing managers in the services industry. If the final result is in fact 52.4, then we could see the Euro go very bullish during Monday’s trading session.

Tuesday April 24:

  • 08:30 GBP  Public Sector Net Borrowing – This is the difference in value between spending and income for public corporations, the central government and local governments during the previous month. If the result matches the 15.6B forecast, the GBP could record an impressive trading session this coming Tuesday.
  • 14:00 USD  CB Consumer Confidence – Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity. This will be the most important economic data release from the U.S. this coming Tuesday.
  • 14:00 GMT USD  New Home Sales – This is the annualized number of new single-family homes that were sold during the previous month. This economic release is expected to lead to a lot of volatility in the markets.

Wednesday April 25:

  • 08:30 GMT GBP  Prelim GDP q/q –The publication is a measurement of the change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and a primary gauge of the economy’s health.
  • 12:30 GMT US  Core Durable Goods Orders m/m – This is the change in the total value of new purchase orders placed with manufacturers for durable goods, excluding the transportation items. It is a leading indicator for production in the U.S. economy.

Thursday April 26:

  • 12:30 GMT USD  Unemployment Claims – The Jobless Claims publication measures the number of people who filed for unemployment insurance for the first time during the past week. The result is expected to be 378K vs. 386K in the previous week.
  • 14:00 GMT USD  Pending Home Sales m/m – It is recommended that you follow this publication closely this Thursday. The release is a measure of the change in the number of homes under contract to be sold but still awaiting the closing transaction, excluding new construction.

Friday April 27:

  • 12:30 GMT USD  Advance GDP q/q – The Gross Domestic Product is the annualized change in the inflation-adjusted value of all goods and services produced by the economy. A better-than-forecast figure than 2.6% is needed to drive the USD higher this coming Friday.

Binary Options Weekly Outlook April 16-20

Dollar and Yen Rise as Traders Seek Haven Currencies!
April 15th 2012 –

U.S. stocks recorded their second weekly decline last week on concerns over global economic growth and due to employers adding fewer jobs than expected. The S&P 500 slumped 2% to 1,370.26, its worst week since December 16. The Dow Jones slid 1.6% to 12,849.55. Apple tumbled 4.5%, Bank of America Corp. fell 6% and other leading companies also lost value last week.

The Yen made impressive gains for a second week in a row against the Dollar and the Euro due to the Bank of Japan not intervening to introduce more stimulus into the Japanese economy. The USD jumped vs. 10 of its 16 most traded currency counterparts, as traders seek a safe-haven.

Crude Oil slumped last week, as China’s growth slowed to its least in three years. Oil fell 0.5% last week to $102.83. This comes on a worsening debt crisis in Europe, mixed signs from the U.S. economy and Saudi Arabia being determined to increase the production of Crude Oil.

There are many trading opportunities this coming week. This means that you need to seriously think about which investments will payoff for you. It is worth looking into opening up positions in the EUR/USD, Crude Oil and Dow Jones binary options during the upcoming trading week.


This week’s main events – Monday April 16 – Friday 20:

Monday April 16:

  • 12:30 GMT USD  Retail Sales m/m – This measures the change in the total value of sales at the retail level. This is a leading measure of consumer spending, accounting for overall economic activity. The result is expected to be 0.4%, significantly lower than the previous reading of 1.1%.
  • 12:30 GMT USD  Empire State Manufacturing Index – The figure is forecasted to be 18.2 in this Monday’s reading, which could seriously hurt the USD in binary options.

Tuesday April 17:

  • 08:30 GBP  CPI y/y – The index measures the change in the price of goods and services purchased by consumers. This is the most important inflation data of the U.K. economy. An actual figure of 3.5% or greater could push the Pound higher this Tuesday.
  • 09:00 EUR  German ZEW Economic Sentiment – This is the most important release coming out of the Eurozone on Thursday. It is the level of a diffusion index based on surveyed German analysts and institutional investors. The figure is set to dip to 20.2 vs. 22.3 last time round. Such a result could seriously hurt the Euro.
  • 12:30 GMT USD  Building Permits – The data release is a measurement of the annualized number of new residential building permits issued during March. This is set to determine the strength of the USD during Tuesday’s trading session.

Wednesday April 18:

  • 08:30 GMT GBP  Claimant Count Change –The release is a measurement of the change in the number of people claiming unemployment-related benefits during the previous month. If the result matches the 6.6K forecast, then we could see the British Pound go notably higher this coming Wednesday.
  • 22:45 GMT NZD  CPI q/q – This is the change in the price of goods and services purchased by consumers. This is a highly important data release for the New Zealand economy, because consumer prices account for a majority of overall inflation. The figure is expected to be at a moderate pace of 0.6%, which could lend a helping hand to the New Zealand Dollar.

Thursday April 19:

  • 12:30 GMT USD  Unemployment Claims – The Jobless Claims publication measures the number of people who filed for unemployment insurance for the first time during the past week. The result is expected to be 370K vs. 380K in the previous week.
  • 23:50 GMT JPY  Tertiary Industry Activity m/m – It is advised that you follow this release if you are a Yen trader. With the result expected to be 0.8%, it is advised that you begin opening your JPY positions, as the trading week takes hold.

Friday April 20:

  • 08:00 GMT GBP  German Ifo Business Climate – This is a leading indicator of the economic health of the Eurozone, as Germany has the largest economy in the region. Therefore, you are advised to follow this release as it is published from the news wires.
  • 08:30 GMT GBP  Retail Sales m/m – Follow this publication closely, as it is a primary gauge of U.K. consumer spending. The result is set to be 0.4% this Friday, a figure that could put upward pressure on the GBP.
Binary Options Weekly Outlook April 16-20
Dollar and Yen Rise as Traders Seek Haven Currencies!
U.S. stocks recorded their second weekly decline last week on concerns over global economic growth and due to employers adding fewer jobs than expected. The S&P 500 slumped 2% to 1,370.26, its worst week since December 16. The Dow Jones slid 1.6% to 12,849.55.The Yen made impressive gains for a second week in a row against the Dollar and the Euro due to the Bank of Japan not intervening to introduce more stimulus into the Japanese economy. The USD jumped vs. 10 of its 16 most traded currency counterparts, as traders seek a safe-haven.
This week’s main events – Monday April 16 – Friday 20:Monday April 16:
  • 12:30 GMT USD  Retail Sales m/m – This measures the change in the total value of sales at the retail level.
  • 12:30 GMT USD  Empire State Manufacturing Index – The figure is forecasted to be 18.2 in this Monday’s reading, which could seriously hurt the USD.
Tuesday April 17:
  • 08:30 GBP  CPI y/y – The index measures the change in the price of goods and services purchased by consumers. This is the most important inflation data of the U.K. economy. An actual figure of 3.5% or greater could push the Pound higher this Tuesday.
  • 12:30 GMT USD  Building Permits – The data release is a measurement of the annualized number of new residential building permits issued during March. This is set to determine the strength of the USD during Tuesday’s trading session.
Thursday April 19:
  • 12:30 GMT USD  Unemployment Claims – The Jobless Claims publication measures the number of people who filed for unemployment insurance for the first time during the past week. The result is expected to be 370K vs. 380K in the previous week.
Friday April 20:
  • 08:00 GMT GBP  German Ifo Business Climate – This is a leading indicator of the economic health of the Eurozone, as Germany has the largest economy in the region. Therefore, you are advised to follow this release as it is published from the news wires.

U.S. to Lead the World to an Economic Recovery!
  • April 13th 2012 –

    The markets have become more and more volatile each trading day. Therefore, traders are more determined than ever to stay on top of their portfolios. However, as each trading day goes by, it becomes more difficult to determine which country will drive a global economic recovery. The country that has been at the forefront of this talk has been China, which has been experiencing very high economic growth in recent years.

    In some senses, China’s capabilities have been overestimated, especially due to its export-driven economy. When push comes to shove, most analysts agree that the U.S. is and the American economy will be the main catalyst for pushing the global economy to a full recovery. At the moment, this is happening to some extent. For example, the constant talk of the Euro collapsing has been proved an illusion. The latest optimism has been driven by the United States behind the scenes.

    Today’s main events:

    • 08:30 GMT GBP  PPI Input m/m – This is a leading indicator of consumer inflation, measuring the change in the price of goods and raw materials purchased by manufacturers. The figure is expected to be 1.4%, which would be a dip from the previous release of 2.1%.
    • 12:30 GMT USD  Core CPI m/m – The American economy is currently driving global growth at the moment. As a result, it is a good idea to follow all of the important events coming out of the U.S. The Consumer Price Index measures the change in the price of goods and services purchased by consumers, excluding energy and food.

Pound Jumps against Dollar on Strong Retail Sales Data!
April 12 2012 –

The British Pound made impressive gains versus the U.S. Dollar during Wednesday’s trading session. This is following an industrial report showing strong retail sales in March, which increased the appeal of the British currency. The GBP also gained in response to European stocks and Spanish bonds rallying. This is a strong sign that the Sterling is the currency to buy in times of confidence. At about 5 p.m. London time, the Pound climbed to $1.5891. The GBP/JPY cross jumped 0.5% to 128.60 Yen.

U.K. stocks gained on Wednesday in response to Alcoa Inc. recording an unexpected profit in the first quarter of 2012. The FTSE 100 rose 39.19 points, or 0.7%, to 5,634.74. BHP Billiton Ltd. added 1.3% to 1,855.5 pence. Barclays jumped 2.8% to 212.1 pence. HSBC advanced 0.7% to 540.9 pence.

Today’s main events:

  • 08:30 GMT GBP  Trade Balance – The trade Balance data release is a highly important measure of British economic health. It measures the difference in value between imported and exported goods during February.
  • 12:30 GMT USD  Unemployment Claims – This measures the number of people who filed for unemployment insurance for the first time during the past week. The figure is expected to dip slightly from a week ago to 355K, which would show a continuing improvement in the U.S. economy.
  • 23:50 GMT JPY  Monetary Policy Meeting Minutes – This is an in-depth record of the Bank of Japan Policy Board’s most recent meeting. If you often trade the Japanese Yen, it is advised that you follow this publication.

Crude Oil Makes a Comeback in Wednesday Morning Trading!
April 11th 2012 –

Crude Oil has made a comeback this morning, as it trades higher by 30 U.S. cents at $101.32. This is after the commodity tumbled yesterday by 1.4% to the $101.02 level. The declines on Tuesday were owed to rising Spanish and Italian borrowing costs and comments made by the Chairman of the U.S. Federal Reserve Ben Bernanke that the U.S. is far away from a full recovery. The gains come this morning, as Oil may be oversold and on a weaker Dollar.

The Dollar rose during early Wednesday trading. However, in the past few hours the USD has gone into negative territory vs. its main currency counterparts. This may be due to the fears in the markets being exaggerated as of late. The EUR/USD pair is trading higher by 0.31% at $1.3122.

Today’s main events:

  • 12:15 GMT CAD  Housing Starts – This is the annualized number of new residential buildings that began construction during the month of March. This is a leading gauge of economic health. This is because the housing data has a ripple effect through the economic. The figure is forecast to be the same as the previous reading of 201K. A better-than-forecast final result could really help push the CAD into positive territory this Wednesday.
  • 18:00 GMT USD  Federal Budget Balance – If you are someone interested in trading in the U.S. Dollar during Wednesday’s trading session, then follow the Federal Budget Balance release. It is the difference in value between the federal government’s income and spending during March. The figure is set to be -202.5B. A much better result is required in order to support the USD today
  • 22:30 GMT NZD  Business New ZealandManufacturing Index  – This is a survey of manufacturers that asks the respondents to rate the relative level of business conditions such as employment, prices and inventories. The result will determine the strength of the New Zealand Dollar over the next 2 trading days. Therefore, start opening your NZD positions as soon as possible.

Asian Stocks Decline for a Fifth Day Earlier this Morning!
April 10th 2012 –

Stocks in Asia slid following the Bank of Japan’s decision not to introduce new stimulus and due to pessimism arising from a stock market slump on Wall Street yesterday. Japan’s Nikkei 225 Stock Index fell 0.1%. The Hong Kong Hang Seng Index slipped 1.4%. The Australian S&P/ASX 200 fell 0.6%. South Korea’s Kospi Index tumbled 0.1%. BHP Billiton Ltd. fell 0.5%. Sony Corp. declined significantly during Monday’s trading session.

The price of Crude Oil tumbled 85 U.S. cents yesterday, as stockpiles are forecasted to rise. The bearishness in crude also comes due to declines in U.S. stocks on Monday and on the back of weak employment figures from the U.S. last week. The price of Crude Oil is trading lower this morning by 0.35% at $102.11. Going short on this commodity is one of the most popular trades this Tuesday. Therefore, you should make sure to get in on the action.

Today’s main events:

  • 09:00 GMT GBP  CB Leading Index m/m – This is one of the main releases coming out of the UK economy today. It measures the change in the level of a composite index based on 7 economic indicators. Make sure to follow this event if you want to make informed trading with the British Pound today.
  • 22:00 GMT USD  NZIER Business Confidence – This is a top gauge of economic health, because businesses act quickly to market conditions and changes in their sentiment may be an early sign of future economic activity. Make sure to open positions in the NZD’s main crosses today.
  • 23:50 GMT JPY  Core Machinery Orders m/m  – This will be one of the key economic publications later tonight from Japan. It is the change in the total value of new private-sector purchase orders placed with manufacturers for machines, excluding ships and utilities. A positive result could drive up the Japanese Yen during late night trading.

Fed Chairman Ben Bernanke’s Speech is on Tap this Monday!
April 9th 2012 –

The current trading week looks to be just as exciting as the one that passed. We saw the Euro decline significantly against the Yen, as the sovereign debt crisis takes its toll on Spain and the rest of Europe. The negative U.S. payrolls data on Friday pushed higher-yielding currencies such as the South African Rand lower.

Stocks on Wall Street fell on Friday, as a U.S. job report missed estimates. The Dow Jones slumped 14.61 points to 13,060.14. The Nasdaq 100 shed 30.20 points to 2,724.90. The S&P 500 fell 14.80 points to 1,375.45.

There are a lot of trading opportunities you can take advantage of during Monday’s trading session. Natural Gas could go higher in the next few hours. If there is a moderate amount of positive news from Canada, the U.S, and other leading economies, we could see U.S. stocks climb on Wall Street later today.

Today’s main events:

  • 14:30 GMT CAD  BOC Business Outlook Survey – This survey is a leading indicator of Canadian economic health. Therefore, you are advised to follow it closely if you want to make important trades in the CAD later today.
  • 23:15 GMT USD  Fed Chairman Bernanke Speaks – Ben Bernanke’s speeches always lead to high market volatile. As a result, it is advisable to follow this speech if you want to learn the future direction of U.S. monetary policy. One issue that might be discussed is the possibility of additional stimulus being injected into the U.S. economy.

European Stocks Tumble for Third Week on Rising Spanish Borrowing Costs!
April 8th 2012 –

European stocks slid for the third week, the longest losing streak since August. This comes due to soaring borrowing costs on Spanish bonds. In addition, the slump has occurred because of the Fed stating that it will not introduce additional stimulus. The British FTSE 100 slid 0.8%, the French CAC 40 fell 3% and the German DAX tumbled 2.5%. UniCredit fell 12% last week. Banco Santander SA slid 6.2%. Commerzbank AG slumped 7.8%.

The U.S. Dollar plummeted during Friday’s trading session against the Yen and the Euro after a report from the U.S. showed employers added fewer jobs than forecast in March. This may actually make the Federal Reserve go against what it has recently said, and introduce new stimulus sooner rather than later. The EUR/USD added 30 pips on Friday to $1.3096.

This week’s main events– April 9 – 13:

Monday April 9:

  • 14:30 GMT CAD  BOC Business Outlook Survey – This is a survey of 100 businesses about the current business conditions. It is a leading indicator of economic health, and the CAD will be very volatile around the time of this event.
  • 23:15 GMT USD  Fed Chairman Bernanke Speaks – Ben Bernanke is the most powerful main with regards to both the U.S. economy and Dollar, so it is recommended that you follow this event closely.

Tuesday April 10:

  • Tentative JPY  Monetary Policy Statement – This is a key statement that the Bank of Japan uses to communicate with investors about monetary policy.
  • Tentative JPY  Overnight Call Rate – This is the interest rate at which the Bank of Japan sets for the nation. The forecast is expected to be <0.10%, unchanged from the current level.

Thursday April 12:

  • 12:30 GMT USD  PPI m/m – This measures the change in the price of finished goods and services sold by producers in the month of March. The figure is expected to be 0.3% on Thursday vs. 0.4% in the last reading
  • 13:30 GMT USD  Unemployment Claims – The figure needs to be lower than the 355K forecast to drive the U.S. Dollar higher during Thursday’s trading session.

Friday April 13:

  • 08:30 GMT GBP  PPI Input m/m – The publication measures the change in the price of goods and raw materials purchased by manufacturers during March.

Asian Equities Tumble on Weak German Factory Figures!
April 6th 2012

Stocks in Asia tumbled this morning on poor German factory orders data, pushing the outlook lower for the global economy. The Nikkei slid 0.8% during the Asian trading session. The South Korean Kospi Index fell 0.2%. The Shanghai Composite Index slipped 0.1%. Markets in India, Australia, Singapore and Hong Kong are closed this Friday due to public holidays.

Oil recorded an extremely bullish trading session yesterday in response to the optimistic jobless claims figures, which the slid to their lowest level in four years. Crude Oil settled $1.84 higher at $103.31 a barrel.

The forex market has been very volatile during the current trading week. The EUR/USD has tumbled significantly in the past several trading days. In addition, the Japanese yen has made a mini comeback during this week’s trading session versus the U.S. Dollar and Euro. This is due to traders preferring the Japanese currency as a safe-haven amid global instability.

Today’s main events:

  • 12:30 GMT USD  Non-Farm Employment Change – This measures the change in the number of employed people during the previous month, excluding the farming industry. It is crucial that you follow the Non-Farm Employment Change data release from the United States.
  • 12:30 GMT USD  Unemployment Rate – The release measures the percentage of the total work force that is unemployed and actively seeking employment during the previous month. The figure is forecasted to stay unchanged at 8.3%. This is a leading indicator of U.S. economic health, so it is vital that you follow this release closely. Open up your positions in the USD’s main crosses now.

U.S. Stocks Tumble on Spanish Debt Auction
April 5th 2012 –

Stocks on Wall Street recorded a very bearish trading session on Wednesday. This comes as there was barely any confidence in the financial markets. This stems from a lot of negative news coming out of Europe. Demand dropped during a Spanish debt auction yesterday. The Dow Jones Industrial Average plummeted 124.80 points, or 0.95%, to 13,074.75. The Nasdaq and S&P also fell significantly. Chevron Corp. slumped 1.2% to $105.83. SanDisk tumbled 7.1% to $46.50 in early trading.

Commodities recorded a bearish trading session on Wednesday. Crude Oil declined more than $2 to close at its lowest level in seven weeks. The losses came on a strong Dollar and a lack of confidence in the markets. However, Crude Oil is trading higher this morning by 0.6% at $102.08.

Today’s main events:

  • 11:00 GMT GBP  Asset Purchase Facility – This indicates the total value of money the BOE (Bank of England) will create and use to purchase assets in the open market. If the final result is higher than the 325B, then we may see high volatility in the GBP today.
  • 11:00 GMT GBP  Official Bank Rate – The interest rate is expected to be left unchanged at 0.5%. Please take into account that the Pound will move a lot during this event.
  • 12:30 GMT USD  Unemployment Claims – The publication measures the number of people that filed for unemployment insurance for the first time during the past week. The Jobless Claims publication will be very important to follow in order to make informed trading decisions today.

Asian Stocks Slide as Fed Rejects Stimulus!
April 4th 2012

Stocks in Asia tumbled this morning in response to the Fed minutes release showing that central bankers have rejected additional U.S. stimulus. This is largely due to the U.S. economy recovering. The result has led to shockwaves ripping through the markets. The Nikkei slid 1.6% today to close below the 10,000 mark for the first time since March 23.

The Dollar is trading higher versus nearly all of its major peers this morning. This is due to the improving U.S. economy, which in turn supported the Fed’s decision to not introduce additional stimulus. The EUR/USD pair is trading down by 0.18% at the moment. The AUD/USD pair is trading lower by 0.4% at A$1.0290. The U.S. Dollar is also up against the Pound, Swissy and CAD.

Today’s main events:

  • 11.45 GMT EUR  Minimum Bid Rate – Eurozone interest rates are expected to remain unchanged at 1% in today’s publication. Market volatility is expected to surround this event, so opening positions in the Euro’s main crosses looks to be a wise decision today.
  • 12:15 GMT USD  ADP Non-Farm Employment Change – The index measures the change in the number of employed people during the month of March, excluding government and the farming industry. If the final figure is greater than the 205K forecast, then we could see a stock market rally and a bullish Dollar during today’s trading session.
  • 14:00 GMT USD  ISM Non-Manufacturing PMI – The figure is expected to be 56.9 in today’s reading. Above 50 points to industry expansion, whereas below 50 indicates contraction. It is a leading gauge of economic health, and opening positions in the EUR/USD pair today will be a very wise choice.

U.S. Stock Market Rally Pushes Gold and Crude Oil Higher!
April 3ed 2012

There was an impressive rally in U.S. stocks yesterday. This was largely due to positive manufacturing data from the U.S. on Monday, which confirmed a continued improvement in U.S. economic health. The Dow Jones closed higher by 52.45 points, or 0.4%, at the 13,264.49 level. This is the Dow’s highest close since December 2007. The S&P 500 closed up by 0.8 percent at 1,419.04.

The stock market rally in the U.S. had a knock-on effect on commodities. It seems that the positive manufacturing figures from the U.S. on Monday really helped push Oil prices higher. The gain was also owed to a weaker dollar and due to the fact that the black gold has been oversold as of late. Oil for May delivery climbed 2.2% yesterday to $105.23.

Gold climbed by about $10 yesterday, as traders went bullish on the precious metal. Gold is trading a touch higher this morning by $1.05 at $1,680.75. The positive U.S. economic data and stock market rally on Monday encouraged traders to put their money into high-yielding assets.

Today’s main events:

  • 08:30 GMT GBP  Construction PMI – This is a leading indicator of economic health, measuring the level of a diffusion index based on surveyed purchasing managers in the construction industry.
  • 14:00 GMT USD  Factory Orders m/m – The index measures the change in the total value of new purchase orders placed with manufacturers.
  • 18:00 GMT USD  FOMC Meeting Minutes – This is a detailed record of the most recent meeting of the Federal Open Market Committee. This provides detailed information about the

Manufacturing Data from the U.K. and U.S. to Drive the Markets Today!
 April 2ed 2012

The markets have been quite volatile in recent trading weeks. The U.S. indexes (Dow Jones, Nasdaq and S&P) recorded an impressive week and quarter of gains. Chinese stocks also saw a very impressive quarter. Stocks predominantly in the U.S. have gone higher recently due to a round of positive economic data coming out of the United States economy.

The Yen was a big loser in the first quarter due to the Bank of Japan injecting economic stimulus into the economy and on increased signs that the Eurozone debt crisis is abating. This in turn has weakened the demand for safe-havens. The Yen has fallen by the most since 1995 vs. its main peers in the first quarter of 2012. The Yen has fallen 10.4% between January and March against the currencies of the 9 most developed countries.

Today’s main events:

  • 08:30 GMT GBP  Manufacturing PMI – The British Purchasing Managers’ Index is a leading indicator of British economic health. If the figure indeed matches the forecast of 50.5, this may push the GBP lower in the next few hours of trading.
  • 09:00 GMT EUR  Unemployment Rate – The Eurozone Jobless Rate release measures the percentage of the total workforce that is unemployed and actively seeking employment during the month of March.
  • 14:00 GMT USD  ISM Manufacturing PMI – This is a leading gauge of the U.S. manufacturing sector. Following this release is vital if you are someone who trades the USD often.

Binary Options Weekly Outlook April 2-6

Euro Climbs on European Finance Minsters’ Agreement!

April 1st 2012

The Dollar plummeted against most if its major peers, as stocks and commodities advanced on Friday. This pushed the demand up for higher-yielding assets. The Euro made notable inroads into the Dollar and other major currencies following an agreement by European finance ministers to boost anti-debt crisis funds, increasing the likelihood that the European debt crisis will soon be over.

Stocks in the United States rose on Friday, as Fed Chairman Ben Bernanke stated he will do more to stimulate the U.S. economy. In addition, European finance ministers agreed to boost rescue funds for the Eurozone.

Oil rose for a second consecutive quarter on improved U.S. consumer sentiment and a due to a new round of sanctions against Iran. Crude Oil for May delivery closed at $103.02 a barrel on Friday. Prices rose by 4.4% during the first quarter of 2012.

This week’s main events – Monday April 2 – Friday 6:

Monday April 2:

  • 09:30 GMT GBP  Manufacturing PMI – The British economy is under shaky ground at the moment. The Purchasing Manager’s Index is a survey of about 600 purchasing managers.

Tuesday April 3:

  • 05:30 GMT AUD  Cash Rate – Reserve Bank of Australia’s release of the interest rate for overnight money market deposits (short term

Wednesday April 4:

  • 12:45 GMT EUR  Minimum Bid Rate – The Eurozone interest rate is expected to be kept unchanged at 1%. There is set to be a great amount of volatility in the markets around the time of this publication.

Thursday April 5:

  • 13:30 GMT USD  Unemployment Claims – The figure needs to be lower than the 355K forecast to drive the U.S. Dollar higher during Thursday’s trading session.

Friday April 6:

  • 13.30 GMT USD  Unemployment Rate – This measures the percentage of the total workforce that is unemployed and actively seeking employment during the previous month.

Euro Keeps Rising as Friday’s Trading Takes Hold!
March 30th 2012

The Euro soared this morning, ahead of the meeting of European finance ministers to discuss increasing rescue funds at a two-day meeting commencing today. In fact, the Euro is on the verge of posting its best quarterly gain vs. the Yen since the last three months of 2000.

The Dollar is trading lower this morning against the majority of its currency counterparts. This comes on the back of a mild stock market rally on Wall Street late yesterday and ahead of economic figures which are expected to show improvements in the German and U.S. economies. The GBP/USD pair is currently trading higher by 0.4% at $1.6020.

Stocks on Wall Street made an unexpected comeback during late trading on Thursday. This came ahead of forecasts which are expected to show higher consumer confidence and spending figures from the U.S. later today. The Dow Jones Industrial Average gained 0.2% to 13,145.82.

Today’s main events:

  • All Day (Day 1) EUR  ECOFIN Meetings – The Economic and Financial Affairs Council will be conducting their first day (out of 2) of meetings today to discuss raising the emergency funds to lift the Eurozone out of the debt crisis.
  • 13:30 GMT USD  Personal Spending m/m – This Consumer Spending publication measures the change in the inflation-adjusted value of all expenditures by consumers.
  • 14:55 GMT USD  Revised UoM Consumer  – This is one of the most important economic data releases coming out of the United States economy today. If the result indeed matches the forecast of 74.9, then the U.S. Dollar could make notable gains during end of week trading.

Yen Climbs on Positive Data & Global Stock Slump!
-March 3. 2012

The Yen rose against its major peers, as Asian stocks added to the global stock market decline, increasing demand for haven assets. The USD/JPY has continued to slide this morning, as Japanese companies are expected to repatriate overseas earnings by the end of the fiscal year of March 2011. The Japanese retail sales figures showed an improvement in the economy, helping the JPY gain vs. all 16 of its main counterparts in the latest round of trading.

The price of Crude Oil fell on Wednesday due to Crude stockpiles rising 7.1 million barrels in the week ending March 23. The losses also came as Western leaders continue to discuss using up emergency reserves. Crude Oil has actually made a mini comeback this morning, as it trades higher by 0.10% at $105.22.

Today’s main events:

  • 08:30 GMT GBP  Net Lending to Individuals m/m – The release could determine the strength of the British Pound in the coming hours of trading. It measures the change in the total value of new credit issued to consumers.
  • 12:30 GMT USD  Unemployment Claims – The figure is a measurement of the number of people who filed for unemployment insurance for the first time during the past week. A lower result than the 351K forecast is required to push the USD higher today.
  • 16:45 GMT USD  Fed Chairman Bernanke Speaks – Ben Bernanke will be speaking at the George Washington University School of Business, in Washington DC. A hawkish speech is required to give the Dollar a clear direction. It is recommended to follow this speech, as Bernanke’s speeches always drive volatility in the markets.

Volatility in Currency Markets Expected to Continue
-Sept 28. 2012

There is no doubt that we are at explosive levels of foreign exchange, especially EUR /JPY, EUR / CHF, AUD / USD and NZD / USD continues higher movement, giving rise to concern. Market participants still tipping into rentearbitragehandler, and as aconsequence we are at extreme levels technically.

In our view it is only a matter of time before we see a correction. The current spot levelsare unsustainable when we look at sentiment indicators, RSI and stochastics. Whatinitiates the movement is hard to predict what we know is just that this weekend’s G7meeting may well be the triggering factor, as we saw back in the spring of 2006.

We have established a sold position in EUR / CHF, and we are considering currently to do the same in the EUR / JPY, AUD / USD and NZD / USD.
In EUR / CHF is our first target 161.50 (461 CHF / USD), but again we bite the bulletand close the position, if we get a daily close above 164 (454 CHF / USD).

In EUR / JPY we await p.t. the cross rate is able to break with the key psychological level of 160 (4.65 JPY / USD) before we do anything hasty.

Expect high volume in currency markets this week when trading with your binary option broker.


Global Markets Review

Sept. 24th –

The U.S. Federal Reserve expressed concern yesterday regarding the direction the markets will be taking over the next few months.  Moody’s rating agency diminished its rating on a number of major American banks including but not limited to Bank of America and Wells Fargo & Co.

Just following the announcement the S&P 500 dropped 2.9% yesterday while the USD climbed significantly.  The USD saw strong gains against the Yen in particular because of general skepticism regarding the strength of the Bank of Japan.

The Yen’s recent high prices are hurting Japanese exporters and IMF as well as the S&P rating agency lowered their outlooks for Japan’s growth.

Australia’s ASX 200 index saw similar fears and dropped 2.6%.  The Australian dollar spiked as well while a Chinese manufacturing index showed shrinkage in the economy of China, Australia’s most important trading partner.

To everyone’s suprize the New Zealand NZX 50 Index held its position despite the new from China.  An additionall report of the New Zealand GDP had grown only 0.1% in the last quarter.

Surprisingly, New Zealand’s NZX 50 Index managed to hold its position despite the news from China and a report that the New Zealand GDP had grown by only .1% in the last quarter. The NZD however was not able to hold its own and fell over 200 PIPS

European markets are mixed as traders seem to have recovered some confidence amid expectations that Greece will be able to implement strict budget cuts.

The euro managed to gain slightly, but the European stock market did not do as well with the Stoxx Europe 600 dropping by 2.4%.