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? December 16th at 3:30am Eastern Time.

 

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

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

 

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4 Tips for Today's Trading - 15/12

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 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? December 16th at 3:00am Eastern Time.

 

 

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

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

 

Other top stories:

4 Tips for Today's Trading - 15/12

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 dropped on Friday posting a weekly loss for the first time in two weeks. Traders focused on falling oil prices and fears over the global economy. In addition, traders seemed to participate in an end of year sell off.

Asian markets declined across the region. The Japanese Prime Minister, Shinzo Abe, and his coalition won the elections yesterday with the party winning more than 2/3 of the seats.

European markets are mixed today. The market is being hit by the upcoming Presidential vote in Greece which could cause a political deadlock.

Oil dropped to a new 5 year low after the IEA reduced their forecasts for global oil demand for 2015 by 230,000 barrels/ day. Today, the price rebounded slightly following news from Libya that one of their ports has halted production due to a strike. Traders will await data from China, Europe and the US later in the week to gauge demand.

Gold declined despite declines in the stock market. Speculation is ongoing that the Fed may provide more information on the Interest rate hike during their FOMC statement on Wednesday and many expect them to be hawkish.

 

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

 

Other top stories:

4 Tips for Today's Trading - 15/12

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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