Daily Binary Options – Markets Await Key U.S Unemployment Data

Equities:
A day after global markets rallied, equities managed to hold on to their gains, but not much more than that. The Nikkei followed the Dow’s rally Wednesday and added 135pts to finally close back above  the 9,000 mark by 62pts. European markets traded flat as the FTSE 100 added 4pts to to close at 5,371, while the Stoxx Europe 50 lost 3pts to finish the U.S session at 2,510. In the U.S, the Dow Jones Industrial Average added 20pts to close at 10,289. It was the DJIA’s …

Weekly Market Analysis (August 23 – August 27)

Indicies

US stocks ended the weekly mildly lower after strong gains Friday helped ease the weekly losses shares had chalked up. The Dow Jones Industrial Average managed to end the week above 10,000 despite several dips below the key level at 10,150.65 a loss of 0.62% for the week. The S&P 500 shed 0.66% last week to finish at 1,064.59 while the Nasdaq underperformed dumping 1.2% for the week, closing at 2,153.63.

European stocks followed their American peers to late day gains which helped lift major indicies for the …

Fundamentals & The Week Ahead

Fundamentals
Germany’s final print for Q2 GDP came in as expected at 2.2% quarter-on-quarter growth.

Canadian retail sales for June came in softly, showing growth of only 0.1% amid expectations for 0.4%

US existing home sales contracting by a staggering 27.2% in July, a far bigger contracting than the forecast 13.4% drop.

US durable goods orders came in much softer at 0.3% missing expectations of 3.0% by some distance.

US new home sales for July were expected to remain …