Published on Wed, 13/05/09 |
Binary Betting Tips
The FTSE 100 currently indicates a strong open, as traders wait for the release of the UK Quarterly Bank of England inflation report. Analysts are worried that with the interest rate at an all time low, inflation might spiral out of control forcing interest rates to rise ahead of schedule, and the FTSE 100 is therefore likely to be very sensitive to this report. Crude oil is trading higher after China, the world’s second-biggest energy-consuming country, said yesterday that crude imports increased by 14 percent in April with many market analysts and traders hoping these are signs of an improving economy. Oil prices are very likely to break above in the 60 dollars per barrel level in oil trading later today, providing good opportunities for binary bets in the oil market
Binary Bet Of The Day
The last time the EUR/USD traded around the 1.3700 level the pair fell by 11 cents to test the 1.2600 levels. I am not sure what is going to happen this time, but that it will not stay in this range for long, and my suggested binary trade is therefore a breakout play on the EUR/USD with triggers at 1.3300 and 1.3900. In order to provide you with more help with your binary betting and trading we I have recently added many new features to the site including live currency charts, the latest currency news and fundamental analysis on video every morning, live commodity prices, stock charts and index charts, along with a national holidays calendar, and finally if you are looking for a good ECN broker then please just follow the link.
There are two major pieces of fundamental news on the economic calendar for today in the US, first this afternoon we have the CPI figures, followed in the evening with the FOMC statement and rate announcement.
Although headline US inflation continued to decline in January – easing from -0.1% in December to -0.2% - the consensus [...]
This morning on the economic calendar we have the unemployment rate in the UK, due for release at 9.30 am, with the shakeout in the labour market continuing apace, with the claimant count climbing a further 63,800 in January, whilst the more reliable LFS measure jumped 146,000 in the final three months of last year. [...]
UK fundamental news today on the economic calendar concerns the MPC minutes, released at 9.30 UK time. At its meeting earlier in the month, not only did the MPC slice a further 50 basis points off the Bank Rate paid on commercial banks’ reserves (taking it to yet another record
low of 0.50%), but it also [...]
The big news today on the economic calendar for this evening, following on from the CPI data released earlier today. Having already cut the target for the federal funds rate to a range of zero to 0.25%, there was no surprise at its end of January meeting that the Fed nominally maintained its policy stance. [...]
On the economic calendar this afternoon we have the Housing Starts in the US. The good news was that the previously reported falls in privately owned housing starts of 15.5% in December and 15.1% in November were revised down to 14.5% and 14.6% respectively. The bad news was that housing starts plummeted a further 16.8% [...]
Published on Sun, 15/03/09 |
Binary Betting Tips
Following the hammer reversal signal we saw in the daily FSTE 100 chart on Monday last week, we are now seeing a mirror image of this reversal being repeated on Friday, with a gapped up shooting star showing signs of weakness in the move up, and we are therefore likely to see a fall in [...]
The fundamental news for binary betting trades on Monday is centered around the US with the Industrial Production figures due for release in the afternoon ( UK time). The sharp decline in industrial sector activity observed during the final quarter of 2008, continued into the first quarter of 2009. In line with market expectation, overall [...]