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Recent News

Dow suffers largest points fall in over two months – Binary Options Daily Review

By Barry Jenkins , 2016-04-29

The Canadian economy expanded for the fourth consecutive month in January, growing by 0.6%. The reading was ahead of the 0.3% forecast. The manufacturing sector expanded by 1.2% far better than the 0.4% that was forecast. Oil and gas, manufacturing, retail trade, utilities and finance expanded, while wholesale trade and the arts, entertainment and recreation sectors contracted. The mining sector also shrank, mainly as a result of a decline in copper, nickel, lead and zinc. In this latest reading, for February the economy is forecast to contract slightly with a reading of -0.1%. Monitor the Canadian Dollar. Read more

Fed leaves rates unchanged – Binary Options Daily Review

By Barry Jenkins , 2016-04-28

US economic growth expanded less than forecast in the fourth quarter of last year as a strong dollar and sluggish global demand weighed on exports with GDP increasing at a 0.7% annual rate. Investment by energy firms declined as oil prices kept falling. Growth in consumer spending also slowed, the labour market strengthened. The Federal Reserve acknowledged that growth slowed late last year, but also noted that the labour market conditions improved further. US economy is expected to grow by 0.7% in the first quarter of this year. Monitor the Dollar. Read more

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