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RECENT ARTICLES

U.S. stocks rise as House passes tax cut bill – Binary Options Daily Review

By Barry Jenkins, 2017-11-17


In the U.S. building permits and housing starts can often go in opposite directions, but if both figures go in the same direction, it has an impact on the dollar. Data for September showed a drop in building permits to 1.23 million while housing starts slipped to 1.13 million. Small rises are forecast in this latest reading: building permits are forecast to come in at 1.25 million and housing starts at 1.19 million.

Stronger euro weighs on european stocks – Binary Options Daily Review

By Barry Jenkins, 2017-11-15


Solid growth and upbeat job gains do not always translate into inflation. In the U.S. core CPI has remained at 1.7% for many months after sitting above 2% earlier in the year. Month over month, core CPI advanced by only 0.1% in September. Headline CPI jumped by 0.5%. The Fed is still set to raise rates in December, but the prospects for three hikes in 2018 could be altered if inflation remains subdued. Headline CPI is expected to rise by 0.1% m/m and core CPI by 0.2% m/m.