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Recent News

Trump comments weigh on Dollar – Binary Options Daily Review

By Barry Jenkins , 2017-01-18

Consumer prices in the US grew at a slower pace in November, but the underlying trend continued to show inflation pressures amid rising rents. Consumer Price increased 0.2%, in line with market forecast, following a 0.4% increase in October. On a yearly base, the CPI increased 1.7%, the biggest year-on-year gain since October 2014. The CPI rose 1.6 percent in the year to October. The central bank forecast three rate hikes in 2017 amid US President-elect Donald Trump’s fiscal plans to boost growth through infrastructure spending and tax cuts. Consumer prices are forecast to come in at 0.3% in this reading and 2.1% on a yearly basis. Monitor the Dollar for Binary Options trading. Leggi di piu

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. Leggi di piu

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