15/08/2013 - August
- Mark Densel
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15 August 2013 - Daily News Market
The British pound has risen for the last two days pulled from the strengths and positive motivation from the market. If the U.S. dollar falls on today's result the GBP / USD can break 1.5600 means that the highest since June 19. This movement gives some opportunities for binary options trading. Meanwhile, the yen got stronger as the Japanese government refused to cut corporate tax rate.
The Asian stocks fell. Nikkei index is 2.21% lower and Hang Seng -0.01%. European stock is mainly red numbers as well. FTSE loses 0.42% and DAX 0,33%.
Price of goods strengthened yesterday, but we can see some rebound back.
Main events today:
8:30 GMT GBP Retail Sales - Change in the total value of sales at the retail level. It is the main range of consumer spending, which accounts for the majority of overall economic activity.
12.15 GMT: USD - FOMC members Bullard speaks - Federal Reserve Bank of St Louis President and the Federal Open Market Committee (FOMC) voting member (March 2011 - present) James Bullard is to speak. FOMC members are responsible for setting the reference and the lectures are monitored closely for clues about the possible future direction of monetary policy
12:30 GMT USD - Jobless Claims - Jobless Claims measures the number of people who applied for unemployment benefits for the first time during the last week. This is the first U.S. economic data, but the market impact varies from week to week.
12.30 GMT USD CPI - Change in the price of goods and services bought by consumers in Tokyo, other than fresh foods. Consumer prices account for a majority of overall inflation. Inflation is important for monetary policy