15/07/2013 - July

July 15, 2013 - Binary Options Daily News

 

The results also showed that China's economy is growing slower but still 7.5% and Asian stock has risen The benchmark Shanghai Composite rose 0.99% SE. The Japanese market is closed due to public holidays.

 

The commodity market to see some move down. Gold lost 0.31%, as well as crude oil or silver.

 

In the forex market the U.S. dollar strengthening before the retail sales data. The Australian dollar also attributed the gains after the results of China.

 

Key events today:

 

12:30 GMT USD core retail sales - the change in the total value of sales at the retail level. It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity.

 

12:30 GMT Manufacturing Index USD NY Empire State - This index measures the level published on the basis of the manufacturers surveyed in the state of New York. Above 0.0 indicates improving conditions, below indicates worsening conditions. It's a leading indicator of economic health - business reacts quickly to market conditions, and changes in their feelings can be an early signal of future economic activity such as spending, employment and investment.

 

22:45 GMT NZD CPI - the change in prices of goods and services purchased by consumers. Represent consumer prices for the majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates to respect their mandate to contain inflation. This is the most important inflation data in the United Kingdom.