10th July 2013 - Binary Options Daily News

The IMF has predicted that the U.S. economy will grow by 1.7% in 2013 and 2.7% in the 2014th On the other hand, the global outlook has been reduced by 0.2%. U.S. dollar as a safe haven currency climbed up and pushed EUR / USD below 1.2780. Today Forex investors should keep an eye on the Fed FOMC minutes as we are still waiting for any clue about when the Fed will begin to wind the aggressive monetary policy.

Yesterday, gold has pulled the Great Chinese CPI scores and almost reached the price of $ 1,260.00 / ounce, but the European and U.S. session has lost part of its gains and closed below $ 1,250.00 / ounce.

At European stocks slightly lost before the Fed minutes from its one-month highs.

Today's main events:

18:00 GMT USD - FOMC meeting minutes - This is a detailed record of the FOMC's last meeting, providing in-depth insight into the economic and financial conditions that influenced their vote on where to set interest rates.

20:10 GMT USD - Fed Chairman Ben Bernanke speaks

22:30 GMT EUR - Business NZ Manufacturing Index relative level of business conditions based on surveys. Value below 50 means contraction.

23:50 GMT JPY - Core machinery orders - This is a leading indicator of production - rising orders signal that manufacturers will increase activity as they work to fulfill orders.