AWARDS

What is it? The European Court of Justice is due to announce a preliminary, non-binding ruling regarding the constitutionality of the ECB's Outright Monetary Transactions policy (OMT), in Luxembourg.

When? January 14^th at 3:35am Eastern Time.

Ask us about our FREE signals program: 

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:

US markets declined as investor confidence was hit as the oil sell off continued. Oil prices dropped below $45/barrel on a number of factors and energy shares were hit once again. Losses heightened at the end of the session as John Williams, Federal Reserve Bank of San Francisco President, said that raising interest rates would be a close call due to signs of a stronger labor market coupled with weaker wages.

Asian markets were mixed today. The Nikkei lost 0.64% as the Yen strengthened as a safe haven asset; the Dollar dropped to a low of 117.7 during the Asian session.

European markets are higher today due to indications that the ECB will begin quantitative easing next week. If this step is made, further liquidity would enter the market which is a positive thing for stocks. 

Oil continued to decline and reached a low of $44.2/barrel. Losses were seen after the Prince of Saudi, Alwaleed, stated that oil will never again reach $100/barrel. In addition, the United Arab Emirates oil minister, Suhail bin Mohammed al- Mazroui, spoke earlier today and supported OPECs decision to maintain the current rate of production. Traders should watch the weekly inventory report from the API which will be released at 9:30pm GMT.

Gold is climbing as a safe haven asset as oil prices hit sentiment and equity markets decline. The US stock market opened sharply higher today due to expectations that the ECB will add stimulus and this could push the metal back down.  Traders should watch US data which will be released later in the session including the JOLTS Job Openings at 3:00pm GMT.

Ask us about our FREE signals program: 

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:

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

1) Oil Prices Keep Sliding

US crude futures are down another 3% this morning, trading at roughly $44.50 per barrel. Oil prices fell by more than 5% on Monday.

The price of crude has more than halved over the past few months, piling pressure on the oil industry and many producer nations.

2) Stocks Seem Stuck

US stock futures are little changed, although there's a slight positive bias in the markets.

Over the previous trading session, the Dow Jones industrial average lost 97 points, while the S&P 500 fell 0.8% and the Nasdaq slid 0.8%.

European markets are edging lower in early trading, though the moves are modest. Asian markets ended with mixed results.

3) Welcome News From China

New data from China shows the country's exports rose by 9.9% in December, compared to the previous year. That's better than economists were expecting.

The Shanghai Composite edged up 0.2%, after falling sharply for three consecutive sessions.

4) Earnings

Shares in Alcoa (AA) are expected to jump at the open after the aluminum producer's quarterly results beat expectations.

Home builder KB Home (KBH) will report earnings before the opening bell.

Ask us about our FREE signals program: 

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: