LATEST NEWS

Market Review By TraderXP: 

The yen rose against all 16 major peers as Asian stocks fell, and the struggle between U.S. lawmakers to reach budgetconsensus boosted demand for safer assets.
Japan's currency advanced to a week high against the dollar after the U.S. Senate majority leader Harry Reid said he was "disappointed" at the lack of progress in discussions to avoid the so-called financial cliff.

Market Review By TraderXP: 

German stocks advanced for a second day, extending a three-week high, as U.S. Speaker HouseJohn Boehner said he was "optimistic" budget talks with President Barack Obama will continue.

July 18, 2013 - Binary Options Daily News

Crude oil rose as U.S. stockpiles are shrinking. Price already climbed above $ 106/barrel which is more than $ 10/barrel increase since mid-June. Price above $ 107/barrel was more than a year since April 2012.

European stocks are something falls in the begging of the European session. Asian market shows mixed results, the Nikkei rose 1.21% and Hang Seng fell 0.60%. North American stocks ended yesterday.

Today's main events:

08:30 GMT GBP Retail Sales m / m - Change in the total value of sales at retail. It is the primary indicator of consumer spending, which accounts for the majority of overall economic activity.

12:30 GMT U.S. initial jobless claims - initial jobless claims measure the number of individuals who filed for unemployment insurance for the first time during the past week.

14:00 GMT USD Fed Chairman Bernanke Testifies - Thanks to testify semiannual report monetary policy report before the House Financial Services Committee. As the head of the central bank, which controls interest rates, he has more influence over the country's currency value than any other person.

14:00 GMT USD Philadelphia Fed Manufacturing Index - diffusion index based on surveyed manufacturers in Philadelphia. Survey of about 250 manufacturers in the Philadelphia Federal Reserve district which asks respondents to rate the relative level of general business conditions.

Market Review By TraderXP: 

Australia's dollar declined against most of its major peers amid speculation the nation's central bank will lower interest rates next week to shield the economy from a slowdown in mining.

May 28, 2014 - Daily Market News

Yesterday we saw another impressive increase in the U.S. stock market. S & P500 moved its record level reached the value 1,914.50 . The main driving force came from the technology sector. We saw , for example, Apple Inc. has increased by 1.87% , or Facebook with large 3.47% . On the other hand, the sector of oil and gas has not worked well . Petroleo Brasileiro SA fell by almost 2%. Asian stocks opened in positive sentiment despite Chinese industrial profits showed a decline in mining. In Tokyo, the Nikkei 225 index ended 0.24% up . Today we can see some price correction after such a sharp rise so we should be wary of buying positions and trade shorter term .

Euro has been under pressure for the last 3 weeks as investors weigh the risk of possible European Central Bank rate cut. We can see that the EUR / USD has bounced twice on the 1.3610 level , but when we see the pair below 1.3600 level which can cause huge sell out and send the pair even lower. The EUR / JPY fell from 139.35 to 138.65 and introduces support on 138.50 .

Today's main events:

7:55 GMT : EUR - German unemployment - Change in number of unemployed in the previous month

10:00 GMT : GBP - CBI Realized Sales - Level of a diffusion index based on surveyed retailers and wholesalers

23:50 GMT : JPY - Retail - Change in the total value of sales at the retail level

February 21 , 2014 - Daily Market News

Today's Hot property : USD , GBP, Gold

Yesterday, the U.S. stock market ended positive numbers . The mood in the market for U.S. manufacturing index for February , the highest since May 2010 , showed that 56.7 percent spurred by Markit data . European shares opened bullish sentiment and the FTSE +0.24 % is already included .

German manufacturing PMI released, the EUR / USD pair fell down yesterday morning . The index came in below expectations 1.3680 from 1.3760 where the pair is forced to change its support . While the U.S. Federal Reserve manufacturing index set too low , then re- checking support . The finish is long and bearish sentiment ahead of the U.S. session does not last as long on the pair back to 1.3720 . Waiting at the G20 meeting starting today in the market during the Asian session, we did not see any significant movement . Central Bank President Janet Yallen some volatility can lead to a collapse of the monetary stimulus that is going to face a lot of pressure from emerging markets . U.S. housing data we have today at 3.00pm (GMT) will focus on a 6.00 (GMT) after the FOMC Member Bullard and Fisher makes a speech which caused some trading opportunities . They 'd have to pull it down to a couple is said to be more sharply . Movement is sideways .

Today's key events :

09.30 GMT : GBP-core retail sales - the total value of sales at the retail level in Canada , excluding motor vehicles change . It is an important indicator of consumer spending, and the Canadian economy is considered a speed indicator .

13.30 GMT : CAD , Core CPI - excluding food and energy measures changes in prices of goods and services . The CPI measures price change from the perspective of the consumer

15.00 GMT : U.S. Dollar - Existing Home Sales - operations that were sold in the previous month, the annual number of residential buildings changed .

Market Review By TraderXP: 

German shares rose with the benchmark index DAX (DAX) completion of its sixth consecutive month in advance, amid optimism that American politicians agree on a new federal budget.

July 19, 2013 - Binary Options Daily News

Microsoft and Google lost after 2nd quarter reports as they showed less - than - expected profit per Share. But konakkord suggests to buy Google stock with expected value 940 USD. Meanwhile, Asian stock decrease and European stock also began the day in red numbers.

In a forex market the U.S.. There. Dollar weakened as Fed chairman Bernard bernanke has more dovoysh speech before Senate Committee even though the jobless Claims Data came out better - than - expected. Today traders should watch Canadian core CPI results which will be released at 12:30 (GMT).

On the dovoysh witnesses where he did not explain when and if the Fed will taper off the quantitative easing program price of gold ribaundid ago and is traded around $ 1287 / ounce. Price of Crude Oil is on its highs since April 2012.

Today's main events:

8:30 GMT GBP Public Sector Net Borrowing - difference in value between spending and income for public corporations, the central government and local governments during the previous month.

12:30 GMT GMT CAD Core CPI - Change in the price of goods and services purchased by consumers, excluding food and energy.