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RECENT ARTICLES

Sterling bounces on Brexit deal hopes – Binary Options Daily Review

By Barry Jenkins, 2017-12-08


In the US the economy added no less than 261K jobs in October, a compensation for hurricane-skewed job growth of only 18K in September. The report for November is likely be more in line with the average of around 200K, with forecasts for exactly 200K. Wages came in below forecasts in October with 0% m/m and 2.4% y/y, forecasts are for an improvement in this reading with a monthly gain of 0.3%. The unemployment rate dropped to 4.1% and is forecast to remain unchanged. This is the last set of employment data before the Fed decision in December, in which Yellen is expected to complete 3 hikes in 2017.

Continued Brexit uncertainties weighs on Sterling – Binary Options Daily Review

By Barry Jenkins, 2017-12-07


The President of the ECB Mario Draghi is due to hold a press conference in front of the Bank of International Settlements. This comes one week before the central bank makes its next monetary decision and also publishes new forecasts. Draghi could react to the upbeat growth figures, but also to the latest disappointment in inflation developments.