What is it? It's the primary method the ECB uses to communicate with investors regarding monetary policy. It covers in detail the factors that affected the most recent interest rate and other policy decisions, such as the overall economic outlook and inflation. Most importantly, it provides clues regarding future monetary policy.

When? At 8:30am Eastern Time.

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the EUR to rise.

Ask us about our FREE financial advice program: 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook:   

What is it? It's the primary method the ECB uses to communicate with investors regarding monetary policy. It covers in detail the factors that affected the most recent interest rate and other policy decisions, such as the overall economic outlook and inflation. Most importantly, it provides clues regarding future monetary policy.

When? At 8:30am Eastern Time.

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

Ask us about our FREE financial advice program: 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook:   

What is it? Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future.

When? At 7:45am Eastern Time.

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

Ask us about our FREE financial advice program: 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook:   

1. U.S. stocks opened higher on Wednesday, boosted by strong quarterly results from industry heavyweights General Motors (N:GM) and Boeing (N:BA).

The Dow Jones industrial average (DJI) rose 45.36 points, or 0.26 percent, to 17,262.47, the S&P 500 (SPX) gained 6.71 points, or 0.33 percent, to 2,037.48 and the Nasdaq composite index (IXIC) added 22.38 points, or 0.46 percent, to 4,903.35.

2. Coca-Cola reported a bigger-than-expected drop in quarterly sales due to a strong dollar and the company said it expected the currency to hurt its full-year revenue more than previously anticipated.

The cola maker, which gets more than half of its total revenue from markets outside North America, said a strong dollar would lower its full-year revenue by 7 percentage points compared with 6 percentage points estimated earlier.

3. The euro held steady against the U.S. dollar on Wedmesday, as Tuesday's upbeat U.S. housing sector data continued to lend support to the greenback, while investors began to focus on the European Central Bank's monthly policy statement expected on Thursday.

EUR/USD hit 1.1386 during European afternoon trade, the session high; the pair subsequently consolidated at 1.1346.

The pair was likely to find support at 1.1303, the low of October 19 and resistance at 1.1412, the high of October 13.

4. The Bank of Canada kept its benchmark interest rate on hold in October, after already cutting rates twice this year, it announced on Wednesday.

The BoC said it was leaving its overnight cash rate unchanged at 0.50%, in line with expectations.

Inflation has evolved in line with the outlook in the Bank’s July Monetary Policy Report. Total CPI inflation remains near the bottom of the Bank’s target range, owing to declines in consumer energy prices.

5. Oil prices fell on Wednesday after a big build in U.S. crude inventories which fed concerns that demand may not be enough to absorb one of the largest global surpluses in modern times.

The American Petroleum Institute on Tuesday reported a rise in U.S. commercial crude stocks of 7.1 million barrels to 473 million barrels in the week to Oct. 16, trumping expectations for an increase of 3.9 million barrels.

Ask us about our FREE financial advice program: 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook:   

U.S. stock index futures were slightly higher on Wednesday, set to reverse the small losses on Tuesday, ahead of earnings reports from heavyweights including General Motors, Boeing and Coca-Cola.

* American Express and eBay report after the close.

* Investors will be parsing the quarterly reports for clues on the measures companies are taking to increase revenue and protect profits as concerns about an economic slowdown deepen.

* S&P 500 companies are expected to report a 3.9 percent decline in third-quarter profit and a 3.8 percent fall in revenue, according to Thomson Reuters data.

* Weak European earnings and a slide in Chinese small-cap stocks weighed on global stocks.

* U.S. stocks closed slightly lower on Tuesday as losses in healthcare and biotech stocks offset gains in Verizon and United Technologies.

* Shares of Yahoo were down 1.3 percent at $32.40 premarket on Wednesday after the Internet company's quarterly earnings and profit missed expectations.

* Chipotle fell 8 percent to $649.00 after the burrito chain posted disappointing third-quarter results.

* VMware sank 4.2 percent to $65.90 after the virtualization software maker forecast current-quarter revenue below estimates.

* Brent crude fell slightly as U.S. oil inventories rose, while copper prices continued falling as demand from China weakens.

Futures snapshot at 6:44 a.m. ET:

* S&P 500 e-minis were up 9.5 points, or 0.47 percent, with 139,426 contracts traded.

* Nasdaq 100 e-minis were up 20.25 points, or 0.46 percent, on volume of 22,587 contracts.

Ask us about our FREE financial advice program: 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook:   

Dumisani from South Africa has made some nice profits by trading with one of our Trusted Brokers.

We want to thank him for this Chat he had with our agent Robert, and wish him good luck with future trading.

To join our community please click here:

A lot of things are happening today.

Ferrari shares are set to begin trading, earnings season is in full swing and some key stocks are on the move.

Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:

1. Vroom

Shares in Ferrari are set to debut on the New York Stock Exchange Wednesday. The ticker symbol will be "RACE."

Shares in the company were priced at $52 each, which was at the top end of the range.

Ferrari is being spun out from parent company Fiat Chrysler Automobiles (FCAM), which also owns the Maserati, Jeep and Dodge brands.

2. International stock market overview

European markets are all declining in early trading, which is setting a rather negative tone in the markets.

But U.S. stock futures are holding steady and not moving very far from their Tuesday closing levels.

Asian markets ended with mixed results.

On Tuesday, the Dow Jones industrial average and the S&P 500 each dipped 0.1%, while the Nasdaq shrunk back by 0.5%.

3. Market movers

Chipotle, Credit Suisse, Yahoo: Chipotle (CMG) shares dipped more than 7% in extended trading after releasing its latest earnings. The company reported sales growth continues to slump.

Shares in Credit Suisse (CS) are declining by about 5% in Europe after the bank announced plans to raise about 6 billion francs ($6.3 billion) following disappointing earnings results. The bank also announced cost-cutting plans and some changes to top management.

Shares in Yahoo (YHOO, Tech30) are also dipping by 2% premarket after the tech giant reported results that came in slightly below Wall Street expectations. The company also vowed to carry through on plans to spin-off Alibaba (BABA, Tech30).

4. Earnings

Many companies including General Motors (GM), Boeing (BA), Coca-Cola (KO) and Tupperware (TUP) will post quarterly results ahead of the opening bell.

Another round will come after the closing bell. We'll hear from American Express (AXP), Texas Instruments (TXN), eBay (EBAY) and SanDisk (SNDK).

Ask us about our FREE financial advice program: 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook:   

What is it? As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.

When? At 1:00pm Eastern Time.

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the GBP to rise.

Ask us about our FREE financial advice program: 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook:   

What is it? It's among the primary method the BOC uses to communicate with investors regarding monetary policy. It covers in detail the factors that affected the most recent interest rate decision, such as the overall economic outlook and inflation. Most importantly, it provides clues regarding future monetary policy.

When? At 11:15am Eastern Time.

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the CAD to rise.

Ask us about our FREE financial advice program: 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook:   

What is it? It's the primary tool the BOC uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions.

When? At 10:00am Eastern Time.

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the CAD to rise.

Ask us about our FREE financial advice program: 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook: