Tag Archive: Geneva

Record closing highs for Dow, S&P 500 and Nasdaq – Binary Options Daily Review

Published by , 2017/02/13 Leave your thoughts

Sentiment on the Euro is likely to remain fragile as concerns over political risks grow, there is a growing possibility of shock in the upcoming French presidential election which could trigger a Brexit type scenario. Also weighing are worries over elections in Germany and Netherlands and the ongoing debates over bailout conditions for Greece. Monitor the Euro for Binary Options trading. ... Read more

US markets close at record highs as Trump says he will make a “phenomenal” announcement about his tax plan – Binary Options Daily Review

Published by , 2017/02/10 Leave your thoughts

US consumer confidence edged up to a 13 year high in January with a reading of 98.5, showing ongoing optimism about post-election financial policies. 44% of respondents expect the economy will improve during this year, while 33% anticipate the unemployment rate will continue to decline. Current conditions remained elevated at 111.3 due to wage gains and household wealth. The six-month outlook also improved from 89.5 in December to 90.3 in January. Consumer confidence is expected to dip slightly with a reading of 97.9 forecast. Monitor the Dollar for Binary Options trading. ... Read more

Political uncertainty in Europe keeps pressure on the Euro – Binary Options Daily Review

Published by , 2017/02/09 Leave your thoughts

The number of Americans who filed new claims for unemployment benefits fell more than forecast for the week ending Jan. 28th, indicating that the strong employment market is likely to support the US economy this year. New claims fell 14,000 to 246,000, forecasts were for jobless benefits to come in at 251,000. The labour market is nearing full employment and wages are expected to grow and support the economy. Forecasts are for claims to reach 250,000 this week. Monitor the Dollar for Binary Options trading. ... Read more

Bank of England raises U.K. growth forecasts – Binary Options Daily Review

Published by , 2017/02/03 Leave your thoughts

Nonfarm payrolls grew less than forecast in December, adding 156,000 jobs, the smaller than forecasted increase was overshadowed by a sharp gain in wages. The unemployment rate edged higher to 4.7%. Forecasts were for a growth in payrolls of 175,000 and unemployment rate of 4.7%. The positive news in this report was the sharp gain in wages. Average hourly earnings jumped 10 cents to $26, representing a 2.9% annualized gain, this rise came after a mild decline in November. Growth in average hourly earnings is evidence that the labour market has recovered. In January nonfarm payrolls are forecast at 175K, wages are forecast to rise by 0.3%. The unemployment rate is forecast to remain at 4.7%. Monitor the Dollar for Binary Options trading. ... Read more

Federal Reserve leaves interest rates unchanged – Binary Options Daily Review

Published by , 2017/02/02 Leave your thoughts

The Bank of England kept interest rates unchanged at 0.25% but did warn warn that higher inflation and slower wage growth will weigh on household budgets in 2017. The MPC reiterated its previous stance that it was ready to make monetary policy tighter or looser depending on how the economy evolves as the Brexit process gets under way. Growth is expected to slow and higher inflation will not be translated into wages and inflation expectations. The central bank is expected to hold rates throughout 2017. In addition to the rate statement and the accompanying meeting minutes, the Bank of England will also publish its quarterly inflation report. Monitor the Pound for Binary Options trading. ... Read more

Federal Reserve to keep rates unchanged – Binary Options Daily Review

Published by , 2017/02/01 Leave your thoughts

The ISM manufacturing PMI edged up 1.5 points in December to 54.5, beating forecasts and the best reading in two years. New orders climbed to 60.2 up 7.2 points which is the sharpest jump of the entire cycle. Production increased 4.3 points to 60.3, employment edged up to 53.1, and export orders reached 56.0 which is a 2-1/2 year high. The PMI is forecast to edge up again with a reading of 55 points forecast. Monitor the Dollar for Binary Options trading. ... Read more

Markets spooked by Trumps latest executive order – Binary Options Daily Review

Published by , 2017/01/31 Leave your thoughts

Consumer moral in the US rose to the highest level in December since August 2001 as Americans became more confident about the outlook. Consumer confidence rose to113.7 following a revised reading of 109.4 in November. The reading was ahead of forecasts as the measure of consumer expectations for the next six months moved up to 105.5, the highest since December 2003, from 94.4. Americans have high hopes for the Trump administration to lead the US economy to fresh highs. Consumer confidence is forecast to dip slightly to 112.6 in this latest reading. Monitor the Dollar for Binary Options trading. ... Read more