AWARDS

During today’s early trading session, Asian markets traded higher after the price of oil rebounded. Following the Reserve Bank of Australia’s Monetary Policy statement, the AUD rose after officials signaled the economy will continue to grow at a moderate pace.

European stocks traded lower today after Germany released negative data showing the Industrial Production rose just 0.1%, below the expected figure of 0.4%. European markets continued to fall after the US released the Non-farm Payrolls showing the number of people employed had risen to 257,000, higher than the expected figure of 234,000.

During early American trade the US released the higher than expected Non-farm Payrolls, this data strengthened the Dollar against a basket of major currencies and pushed down the price of precious metals. The positive NFP results could influence the US Federal Reserve to raise interest rates sooner than expected. Gold is currently trading below $1,245/ounce.

Ask us about our FREE signals program: 

Other top stories:

All Your Brokers and Signals in 1 Place - Binary Trade Center

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

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

Follow us and SHARE this story on Facebook/Twitter:

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

1) It's All About The Jobs

Hiring continues to be strong in the US The unemployment rate ticked up in January to 5.7%, but for the right reasons -- more people are looking for work as they see others getting jobs.

Markets are keeping an eye on wage growth figures since salaries aren't increasing as quickly as expected. In December, wages grew by 1.7% on the year. That picked up to 2.2% growth in January, a positive sign.

2) Market Overview

US stock futures are solidly higher. Major European markets are dipping in early trading.

Asian markets ended the week with mixed results. The Shanghai Composite index, which ran up by about 52% last year, dropped by nearly 2% Friday. The index has declined by about 5% since the start of 2015.

In commodities, crude futures are rising by about 3% to trade around $52 per barrel. This marks a big comeback since oil was trading below $44 in late January. Last year, oil averaged about $93 per barrel.

3) Earnings

Moody's (MCO) is among the key companies reporting earnings before the opening bell.

4) Thursday Market Recap

The Dow Jones industrial average gained 212 points yesterday. The index got a boost from rising oil prices and solid earnings.

Ask us about our FREE signals program: 

Other top stories:

All Your Brokers and Signals in 1 Place - Binary Trade Center

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

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 percentage of the total work force that is unemployed and actively seeking employment during the previous month.

Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy.

When? February 6^th at 8:30am Eastern Time.

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

Ask us about our FREE signals program: 

Other top stories:

All Your Brokers and Signals in 1 Place - Binary Trade Center

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

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 percentage of the total work force that is unemployed and actively seeking employment during the previous month.

Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions.

When? February 6^th at 8:30am Eastern Time.

Trading Tip: If the actual number is lower than the forecast, you can expect the CAD to rise.

Ask us about our FREE signals program: 

Other top stories:

All Your Brokers and Signals in 1 Place - Binary Trade Center

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

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

Follow us and SHARE this story on Facebook/Twitter: