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Recent News

Hard Brexit worries weigh on Sterling – Binary Options Daily Review

By Barry Jenkins , 2017-01-17

Consumer prices in the UK edged up to 1.2% in November from 0.9% in October, amid a sharp rise in clothing and petrol prices. The recent decline in sterling is expected to cause further increase in clothing inflation over the next year. As the sterling weakness continues to increase raw material prices, businesses will eventually start to pass the costs on to buyers affecting consumer spending. The Bank of England expects inflation to continue to rise during 2017 to 2.7% and remain above the 2% target until 2020. Consumer prices are expected to show an increase again in December with a rise of 1.4% forecast. Monitor the Pound for Binary Options trading. Read more

FTSE 100 extends its record breaking run to a 14th day – Binary Options Daily Review

By Barry Jenkins , 2017-01-16

Bank of England Governor is due to speak in London, only last week Mark Carney said that the Bank of England is likely to upgrade its economic forecasts next month despite Carneys concerns following the Brexit vote and the effects on the UK economy, investors will be looking for more clarity from Mark Carney. Expect some volatility in the pound during his speech. Monitor the Pound for Binary Options trading. Read more

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