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Recent News

Safe haven gold at a 12 month high – Binary Options Daily Review

By Barry Jenkins , 2016-02-12

US retail sales declined by 0.1% in December, the weakest reading since 2009, raising concern about the pace of consumer spending in 2016, the release was in line with market forecast. In 2015, sales climbed 2.1%, the smallest advance of the current economic expansion. Weaker sales in electronics stores, clothing merchants and grocers, indicate Americans preferred to increase their savings despite the continued improvement in the labour market. Core sales also contracted by 0.1% whilst they were expected to climb 0.2%. Forecasts for retail sales is for a rise of 0.1%, while core sales are forecast to remain flat. With this in mind, monitor the Dollar for Binary Options trading for any impact. Read more

Yellen offers a mixed view on the rate rise outlook – Binary Options Daily Review

By Barry Jenkins , 2016-02-11

In the US the number of jobless claims increased unexpectedly last week by 8,000 to 285,000 as more Americans applied for unemployment benefits. Despite the increase the reading still suggest that employers are still looking to hire as the number of claims remained below the 300,000 threshold. The four-week moving average of claims rose 2,000 to 284,750 last week. US jobless claims are forecast to reach 287,000 this week. Monitor the Dollar to see any effect this has for Binary Options trading. Read more

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