October 10.2013 - Binary Options Daily Market News
Asian stock markets were volatile trading as investors await U.S. current situation is not resolved. Uncertainty is likely to continue until a decision is made . Hang Seng closed 0.8 % lower. Japanese stocks rose as the yen fell amid signs that tapers begin by year-end ; Nikkei closed 1.12 % higher. The fact that Janet Yellen will be the new head of the Federal Reserve brought some optimism to the market because it is more Doves and probably will not rush to withdraw stimulus. U.S. stocks rose in this regard and optimism, as traders expect the debt ceiling to be raised . The Dow Jones rose 0.18 % and the S & P500 closed 0.06 % higher. European stocks opened higher default U.S. seems unlikely , DAX rose 0.54 %, while the FTSE 100 rose 0.38 %.
Today the price of gold fell as news about the next Fed Chairman Janet Yellen , caused the dollar to rise. There was good news on shrinking when the Fed meeting minutes were released causing a further decline in gold . WTI fell yesterday after data showed an increase in supply. This raised fears that demand is lower than normal. Today he bought a little, and can now start to oscillate.
Home Today's events:
08.00 GMT: EUR - ECB Monthly Report - ( ECB), the European Central Bank's monthly report contains statistics, policy evaluation when setting interest rates. The report also contains a detailed analysis of current and future economic conditions from the point of view of the bank.
11.00 GMT: GBP - Bank of England QE Total - The Bank of England creates new electronic money and uses it to buy pigs from private investors such as pension funds and insurance companies
11.00 GMT: GBP - Decision interest rate - Bank of England (BOE) members of the monetary policy committee vote on where to set the speed. Traders watch for changes in interest rates closely as short term interest rates are the primary factor in currency valuation.
11.45 GMT: JPY - BOJ governor said Kuroda - The Bank of Japan (BOJ) Governor Haruhyko Kuroda ( March 2013 ) will deliver a speech . As the head of the Bank of Japan , which sets short-term interest rates , it has a major impact on the value of JPY. Traders watch his speeches closely as they are often used to remove subtle hints regarding future monetary policy and interest rate
12.30 GMT: USD - for unemployment benefits - unemployment benefits determines the number of people who filed for unemployment insurance for the first time last week. This is the earliest U.S. economic data , but the impact on the market varies from week to week.
13.45 GMT: USD - FOMC Member Bullard Speaks - Federal Reserve Bank of St. Louis President and the Federal Open Market Committee (FOMC) voting members ( March 2011 - present ) James Bullard has to say . FOMC members are responsible for setting interest rates and their performances closely monitoring guidance on possible areas of future monetary policy.
16.20 GMT: EUR- ECB President Draghi Speaks - Mario Draghi (born September 3, 1947 ) an Italian banker and economist who has been governor of the Bank of Italy and succeeded Jean -Claude Trichet as president of the European Central Bank since November 2011 . As head of the ECB, which controls short-term interest rates had a greater impact on the EUR value than any other people.
