June 27, 2013 – Binary Options Daily Analysis Risky Currencies in the Spotlight this Thursday The Euro and other risky currencies have been able to make some important gains this morning. Global stocks have managed to make an upturn in the past 2 days of trading. Commodities are higher on all fronts today due to the return of trader confidence in the market. Today’s Main Events There is a lot of European data being released today that can affect binary options trading: 08:55 GMT EUR German Unemployment Change – Change in the number of unemployed people during the previous month. The number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. 09:00 GMT EUR M3 Money Supply y/y – It's positively correlated with interest rates – early in the economic cycle an increasing supply of money leads to additional spending and investment, and later in the cycle expanding money supply leads to inflation. 09:30 GMT USD Current Account – Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the previous quarter. It's directly linked to currency demand – a rising surplus indicates that foreigners are buying more of the domestic currency to execute transactions in the country. 09:30 GMT GBP Final GDP m/m – Change in the inflation-adjusted value of all goods and services produced by the economy. It's the broadest measure of economic activity and the primary gauge of the economy's health. The Preliminary release is the earliest and thus tends to have the most impact.