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Markets dissapointed in lack of details in Trumps proposed tax reforms – Binary Options Daily Review

By Barry Jenkins , 2017-04-28

The UK economy expanded by 0.6% in the final quarter of 2016, ahead of forecasts for a rise of 0.5%. Robust consumer spending maintained growth despite the Brexit vote. However a slowdown is expected to occur this year as inflation is forecast to double this year, reducing household spending. The services sector expanded 0.8%, while industrial production remained flat and construction gained 0.1%. The economy is expected to have expanded 0.4% in the first quarter. Monitor the Pound for Binary Options trading. Lees meer

US closes slightly lower as Trump’s tax reform news was light on detail – Binary Options Daily Review

By Barry Jenkins , 2017-04-27

In March the European Central Bank maintained its stimulus policy, intending to do so at least until the end of 2017. However, ECB President Mario Draghi said that the urgency for further easing has faded and deflation is no longer a threat. Germany, Europe’s largest economy called the ECB to reduce its 2.3 trillion Euro bond-buying scheme since inflation and growth has strengthened. However Draghi still believes growth risks remain tilted to the downside. No changes are forecast by the ECB and investors will be monitoring the press conference closely for any clues on future timings. Monitor the Euro for Binary Options trading. Lees meer

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