What is it? It checks the difference in value between imported and exported goods during the reported month.

Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers.

When? January 7th at 8:30am Eastern Time.

 

 

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

Ask us about our FREE signals program: 

 

Other top stories:

Countless Already Joined and Made a Profit - What About You?

The Importance of Diversification

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

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

What is it? It checks the estimated change in the number of employed people during the previous month, excluding the farming industry and government.

Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity.

When? January 7th at 8:15am Eastern Time.

 

 

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

Ask us about our FREE signals program: 

 

Other top stories:

Countless Already Joined and Made a Profit - What About You?

The Importance of Diversification

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

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

What is it? It checks the change in the price of goods and services purchased by consumers.

Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.

When? January 7th at 5:00am Eastern Time.

 

 

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

Ask us about our FREE signals program: 

 

Other top stories:

Countless Already Joined and Made a Profit - What About You?

The Importance of Diversification

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

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

US markets dropped, suffering their largest losses seen in 3 months. The selloff was triggered by crude oil prices as they fell through $50/barrel. Concerns also mounted as the Euro declined on political developments in Greece and monetary stimulus expectations.

Asian markets were mostly lower across the region. Losses were seen as the Yen strengthened as a safe haven asset due to fears over Europe and falling oil prices.

European markets are mixed today.

Oil lost 5% and fell through its psychological level at $50/barrel. The commodity is now trading at its lowest price since April 2009 around $48.75.barrel. The price is under pressure due to rising supplies and falling demand, concerns regarding Greek debt and the climbing Dollar. The API will be releasing inventory data at 9:30pm GMT.

Gold benefited as a safe haven asset and climbed past $1,200/ ounce. Traders are focusing on Greece with worries another debt crisis could occur. Traders should keep in mind that the FOMC Meeting Minutes will be released tomorrow and the NFP report will come on Friday.

 

Ask us about our FREE signals program: 

 

Other top stories:

Countless Already Joined and Made a Profit - What About You?

The Importance of Diversification

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

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

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


1) Seeing Red

US stock futures are pushing lower Tuesday, a day after markets took a sharp fall.

Investors have grown increasingly concerned about falling oil prices and a souring global economy. Oil prices dipped below $50 a barrel Monday -- the first time they've hit that level since the Great Recession in April 2009.

Crude oil futures continue falling Tuesday, trading just below $49 per barrel.

The price of gold and US Treasuries are rising -- both signs of investors feeling nervous. The yield on 10-year Treasuries dipped below 2%.


2) International Overview

All major European markets were in the red in early trading, with many indexes down by about 1%.

The latest gauge of European economic activity from Markit showed the region's services and manufacturing industries grew at a sluggish pace in December.

The euro is relatively steady against the US dollar, trading near a nine-year low of $1.19.

Most Asian markets closed the session with big losses, taking their cue from the US drop. The Nikkei in Japan led the decliners with a 3% loss.


3) Toyota Shares Technology

Toyota (TM) said it would share more than 5,000 fuel cell patents with competitors, in the hope of kick starting commercial production of hydrogen-powered cars.

The world's biggest carmaker made the announcement at the Consumer Electronics Show in Las Vegas.


4) Another Bitcoin Hack

Europe's biggest Bitcoin exchange -- Bitstamp -- has been hacked.

The hackers made off with about 19,000 bitcoins ($5.2 million) from exchange accounts. The company has temporarily suspended its service.

The price of Bitcoin has fallen sharply over the past year as the hype around the alternative currency waned. The digital currency is now worth about $275 per coin.

 

Ask us about our FREE signals program: 

 

Other top stories:

Countless Already Joined and Made a Profit - What About You?

The Importance of Diversification

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

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

What is it? It checks the change in the total value of new purchase orders placed with manufacturers.

It's a leading indicator of production - rising purchase orders signal that manufacturers will increase activity as they work to fill the orders.

When? January 6th at 10:00am Eastern Time.

 

 

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

Ask us about our FREE signals program: 

 

Other top stories:

Countless Already Joined and Made a Profit - What About You?

The Importance of Diversification

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

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

What is it? It checks the level of a diffusion index based on surveyed purchasing managers, excluding the manufacturing industry.

It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy.

When? January 6th at 10:00am Eastern Time.

 

 

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

Ask us about our FREE signals program: 

 

Other top stories:

Countless Already Joined and Made a Profit - What About You?

The Importance of Diversification

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

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

What is it? It checks the change in the average price of dairy products sold at auction.

It's a leading indicator of the nation's trade balance with other countries because rising commodity prices boost export income.

When? January 6th at 8:30am Eastern Time.

 

 

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

Ask us about our FREE signals program: 

 

Other top stories:

Countless Already Joined and Made a Profit - What About You?

The Importance of Diversification

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

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

What is it? It checks the level of a diffusion index based on surveyed purchasing managers in the services industry.

It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy.

When? January 6th at 4:30am Eastern Time.

 

 

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

Ask us about our FREE signals program: 

 

Other top stories:

Countless Already Joined and Made a Profit - What About You?

The Importance of Diversification

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

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

Subcategories

Please publish modules in offcanvas position.