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Recent News

Oil falls sharply back to April levels – Binary Options Daily Review

By Barry Jenkins , 2016-07-29

The US economy grew at a mild pace of 1.1% (annualized) in the first quarter of 2016 according to the final read. Tepid consumer spending, global turmoil, a slowdown in the manufacturing sector and weak business investment all weighed down growth. With the low growth since the start to the year the US economy is in for another year of weak economic growth. GDP is expected to gain around 2% in 2016. However forecasts are for a pickup in growth during the coming months, forecasts are for growth of 2.6% in Q2. Monitor the Dollar for Binary Options trading. Read more

Federal Reserve hints at September rate hike – Binary Options Daily Review

By Barry Jenkins , 2016-07-28

In the US the number of initial claims for unemployment benefits remained steady last week at 253,000, down 1000 from the previous week, this reading was the 72nd consecutive week that initial claims were below 300,000, the longest streak since 1973. The four-week moving average for claims fell by 1,250 claims to 257,750. Continuing jobless claims fell by 25,000 to a 2.128 million. The number of new claims is forecast to reach 260,000 and continuing claims is forecast to come in at 2.130 million. Monitor the Dollar for Binary Options trading. Read more

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