Archive for core CPI

Binary Betting Trade – 13th May 2009

Wednesday, May 13th, 2009

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.

CPI Consumer Price Index – Wednesday 18th March

Wednesday, March 18th, 2009

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 had been looking for something even better. The overall price level rose a larger than expected 0.3% on the month, boosted by a 1.7% increase in energy prices (first rise in six months), mainly as a result of a 6.0% rise in gasoline prices. Meanwhile, having been flat in December, food prices rose by 0.1%. As a result, core prices (CPI excluding food and energy) rose a larger than expected 0.2%, mainly due to increases in rents and owners equivalent rent and bounces in new car and clothing prices. With core prices having risen 0.2% in January last year, the annual rate of change was unchanged at 1.7%. From here, with the economy already operating significantly beneath its productive potential and continuing to contract, we expect core inflation to resume its descent. However, the consensus is looking for it to hold steady in February.

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.