November 12, 2013 - Binary Options Daily Market News
Today Hot Property: GBP
Stocks investors are gaining confidence as recent data has indicated U.S. economic improvements . Traders also focused on corporate earnings to assess the needs of the consumer. However, the benefits are limited as talk of tapering is still dominating the market. S & P 500 gained 0.07% closing yesterday modestly higher with the Dow Jones closed 0.14% higher. Leaders meeting between Chinese Party was founded to conclude today . Investors expect the new economic reforms being introduced . Asian stocks were mixed as a result . Hang Seng fell 0.73 % closing low. Nikkei gained up to two weeks of closing 2.23 % higher. European stocks were little changed during the opening of the European session .
After reaching a new high , WTI is once again falling. U.S. stocks are expected to rise again . Supply will continue to put pressure on prices. Gold is continuing to fall as the increase in the U.S. dollar. Physical demand remains weak and fear over tapering price could drop further.
Today Main Events :
09.30 GMT: GBP - CPI ( mother ) / ( yoy ) - measures the change in prices of goods and services from the perspective of users. It is a key way to measure changes in purchasing trends and inflation.
23:30 GMT: AUD - Westpac Consumer sentiment - a step change in the level of consumer confidence in economic activity . In the report , the level above 100.0 indicates optimism , below indicates pessimism . Data are compiled from a survey of about 1,200 consumers which asks respondents to measure the relative level of past conditions and future economic development.
