Binary Options Trading
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Weekly Market Review

By TradeRush.com Market Analyst


Binary Options Weekly Outlook June 11 - June 15

 Traderush Binary Options Daily Market Report

By Traderush.com


CEuropean Stocks Cap Biggest Weekly Gains Since March!

European stocks capped their biggest week of gains since March due to China slashing her interest rates and as the European Central Bank gets ready to introduce further monetary stimulus to rescue the region. The Stoxx Europe 600 Index soared 2.9% to 241.93 last week. The U.K.'s FTSE 100 Index climbed 3.3%. Spain's IBE 35 jumped 8%. France's CAC 44 rose 3.4%. Germany's DAX gained 1.3%. Banco Santander SA soared 12%. Man SE added 5.6%.

The Euro recorded its first week of gains versus the Japanese Yen in 7 weeks on the likelihood that Spain will receive aid for its banking sector from the European Central Bank. The EUR/JPY climbed 2.5% to 99.47 Yen. The EUR/USD pair added 0.7% to $1.2517, the Euro's first week of gains vs. the USD in 6 weeks. The Yen slipped 1.9% against the Dollar last week to finish trading at the 79.49 Yen level.

There are a number of important economic releases from the U.S. and the U.K. this coming week. If you are up for making lots of profit make sure to open up your GBP/USD and Dow Jones binary options.


This week’s main events – Monday June 11 – Friday June 15:

Monday June 11:

•    23:50 GMT JPY  Tertiary Industry Activity m/m – Change in the total value of services purchased by businesses. It's a leading indicator of economic health, because businesses are quickly affected by market conditions.

Tuesday June 12:

•    08:30 GMT GBP  Manufacturing Production m/m – This measures the change in the total inflation-adjusted value of output produced by manufacturers.

•    12:30 GMT USD  Import Prices m/m – measurement of the change in the price of imported goods and services purchased domestically.

Wednesday June 13:

•    12:30 GMT USD  Core Retail Sales m/m – The change in the total value of  sales at the retail level, excluding automobiles. The figure is expected to remain unchanged at 0.1% this Wednesday.

•    12:30 GMT USD  PPI m/m – This measures the change in the price of finished goods and services finished by producers. It is a leading indicator of consumer inflation, which means you should make sure to follow this event closely.

•    14:30 GMT USD  Crude Oil Inventories – This is the change in the number of barrels of Crude Oil held in inventory by commercial firms during the past week.

•    21:00 NZD  Official Cash Rate – Interest rate at which banks lend balances held at the RBNZ to other banks. Short term interest rates are the paramount factor in currency valuation. Therefore, be sure to open up NZD/USD forex binary options prior to this event.

Thursday June 14:

•    07:30 GMT CHF  Libor Rate – The London interest rate for 3-month Swiss Franc deposits. This will be the most important data release this coming week foe the Swiss economy and currency.

•    12:30 GMT USD  Core CPI m/m – The change in the price of goods and services purchased by consumers, excluding food and energy. Consumer prices account for a majority of overall inflation. The figure is expected to remain unchanged from the previous result at 0.2%.

•    12:30 GMT USD  Unemployment Claims – The number of people  who files for unemployment insurance for the first time during the past week.

Friday June 15:

•    08:30 GMT GBP  Trade Balance – Difference in value between imported and exported goods during the month of May. Export demand and currency demand are directly linked, because foreigners must buy the domestic currency to pay for the nation's exports.

•    13:55 GMT USD  Prelim UoM Consumer Sentiment – The level of a composite index based on surveyed consumers. Financial confidence is a leading gauge of consumer spending, which accounts for a majority of overall economic activity.

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