Binary Options Daily Analysis – European Shares Rally on Hopes for Greek Debt Plan

Binary Options Daily Analysis – European Shares Rally on Hopes for Greek Debt Plan

Equities
Asian markets traded mostly higher, encouraged by the Fed’s commitment to keep interest rates unchanged through 2014. The Hang Seng soared 1.6% as Hong Kong’s markets returned from the Lunar New Year Holiday, although volume was light, since China’s markets will remain shut until Monday. The Kospi edged up .3% despite weak 4th quarter GDP data. Meanwhile, the Nikkei skidded .4% to 8849, and markets in Australia were closed

European markets posted strong gains on hopes that Greek debt negotiations were progressing. The DAX surged 1.8%, the CAC40 …

January 27, 2012 | No comment | Read More »

Binary Options Report (Jan. 9- Jan. 13)

Binary Options Report (Jan. 9- Jan. 13)

Markets

Markets had a quiet day on friday. This coomes as traders are uneasy after some weak earnings reports.

All three major US indices we up adding two percent for the week. This comes as ongoing trepidation over the Euro zone debt crisis. The Dow Jonesrose96.50 points, to close at 12,720.48. The S&P 500 rose0.88 points to close at 1,315.38. The Nasdaq lost 1.63 points to finish at 2,786.70.

DJIA CHART

 

 

 

FOREX

The US Dollar lost much ground this week. The Euro …

January 22, 2012 | No comment | Read More »

Fundamental Analysis and the Week Ahead

Fundamental Analysis and the Week Ahead

ECONOMIC NEWS

Out of europe, debt ridden Greece is in talks with private creditors over the details of a haircut on some of its bonds. Out of the US, existing home sales rose 5 percent in December. This gauge is now hitting a 11-month high. it is also seeing its third-straight month of an increase.

THE WEEK AHEAD

MONDAY: EU finance ministers meet in Brussels

TUESDAY: 2-yr note auction, FOMC meeting begins, Obama’s State of the Union address

WEDNESDAY: Weekly mortgage apps, FHFA house price index, pending home sales, oil inventories, FOMC …

January 22, 2012 | No comment | Read More »


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Semi-stocks weigh on Nasdaq

US stocks open flat on Monday as investors react cautiously to the announcement of a Greek national unity government

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