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Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:


 1) International Overview

European markets were declining in early trading as a new report showed the European manufacturing sector had essentially stagnated at the end of the year.

The main indexes in France and Germany were both off by about 1%.

Some Asian markets were closed Friday, but those that were open registered gains for the day.


2) Economic Announcements

The ISM manufacturing index will be published at 10:00am ET.

At the same time, the US Census Bureau will release data on construction spending.


3) Ready For a Run

US stock futures are set for a mini surge Friday, rebounding from a drop right ahead of New Year's Eve.


4) Check on Commodities

Gold and oil prices were fairly steady in early trading.

Crude futures were trading near $53.50 per barrel. Gold prices were sitting at $1,185 per ounce.

 

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What is it? It checks the level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.

It's 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.

When? January 2nd at 10:00am Eastern Time.

 

 

Trading Tip: If the number is higher than the forecast, you can expect the USD to rise.

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

Countless Already Joined and Made a Profit - What About You?

The Importance of Diversification

How I Made Over $30,000 a Year by Investing in Binary Options

 

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What is it? It checks the change in the total value of new credit issued to consumers.

It's correlated with consumer spending and confidence - rising debt levels are a sign that lenders feel comfortable issuing loans, and that consumers are confident in their financial position and eager to spend money.

When? January 2nd at 4:30am Eastern Time.

 

 

Trading Tip: If the number is higher than the forecast, you can expect the GBP to rise.

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

Countless Already Joined and Made a Profit - What About You?

The Importance of Diversification

How I Made Over $30,000 a Year by Investing in Binary Options

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

What is it? It checks the level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.

It's 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.

When? January 2nd at 4:30am Eastern Time.

 

 

Trading Tip: If the number is higher than the forecast, you can expect the GBP to rise.

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

Countless Already Joined and Made a Profit - What About You?

The Importance of Diversification

How I Made Over $30,000 a Year by Investing in Binary Options

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

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