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Oil dropped below $90 for the first time in 17 months as oil and gas companies led European stocks lower.

On a different note, the dollar declined as the number of Americans filing for unemployment benefits unexpectedly fell.

Trading Tip: Watch the the oil shares in the next few days as they may rise or fall depending on coming announcements.

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Unemployment Claims

ECB Press Conference 

4 Tips for Today's Trading - 2/10

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Asian stocks fell Thursday as a result of worries about the strength of US and European recoveries and the first American case of Ebola.

A survey showed German manufacturing unexpectedly got smaller in September for the first time in 15 months. This is the latest sign Europe is being hurt by sanctions imposed on Russia over its role in Ukraine.

US airlines were among the hardest to get hit from the American Ebola case as people would be discouraged from traveling.

Confirmation of a case of Ebola in the U.S. has joined a growing list of bad news stories with geo-political tensions in Ukraine and Hong Kong, and growth concerns around China and Europe.

Trading Tip: The news suggest that there will be a decline in the stock market today so watch out for any new developements.

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Minimum Bid Rate Announcement - 2/10

Construction PMI Announcement 2/10

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The euro fell to a two-year low against the dollar, which would be its worst quarter since 2010.

Consumer prices in the euro region rose an annual 0.3 percent in September, following a reading of 0.4 percent in August, the European Union’s statistics office in Luxembourg said today.

The euro “is looking remarkably sickly,” said Jeremy Stretch, head of foreign-exchange strategy at Canadian Imperial Bank of Commerce in London.

Trading Tip: It's a good time to trade the Euro as it seems to be going down.

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4 Tips for Today's Trading - 30/9

Announcements Makes Today Good for Trading

Manufacturing PMI

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Tuesday is usually a day packed with announcements and today is no different. This makes it a very good day for trading since a lot of currencies are going to change. Good traders will be able to predict which way the currency will change before the announcement.

Here’s a summary of today’s important announcements and what currencies they affect:

• CPI Flash Estimate - 5:00am Eastern Time. Affects Euro.
  
  
• GDP - 8:30am Eastern Time. Affects CAD.
  
  
• Manufacturing PMI- 9:00pm Eastern Time. Affects CNY.
  
  
• Retail Sales- 9:30pm Eastern Time. Affects AUD.
  
  

Trading Tip: These announcements can greatly affect the Euro, CAD, CNY and AUD. It's a good time to trade it.

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Manufacturing PMI

GDP Announcement

CPI Flash Estimate

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