June 25, 2013 – Binary Options Daily Analysis Greenback Goes Lower! The euro has been trading sideways in the past few hours, while the greenback is much weaker today. Asian stocks are higher this morning, as there is a high tolerance for risk in the markets. Gold and metals have surged today. For binary options trading, it may be a good idea to place calls on these commodities. Today’s Main Events US consumer confidence data this Tuesday to be pivotal in driving the financial markets 09:00 GMT EUR Italian Retail Sales m/m – 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. 13:30 GMT GBP Inflation Reports Hearings – During these hearings the BOE Governor and several MPC members testify on inflation and the economic outlook before Parliament's Treasury Committee. The hearings are a few hours in length and can create market volatility for the duration. Especially noted are the direct comments made about the currency markets. 13:30 GMT USD Core Durable Goods Orders m/m – Change in the total value of new purchase orders placed with manufacturers for durable goods, excluding transportation items. It's a leading indicator of production – rising purchase orders signal that manufacturers will increase activity as they work to fill the orders. 15:00 GMT USD CB Consumer Confidence – Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity. Survey of about 5,000 households which asks respondents to rate the relative level of current and future economic conditions including labor availability, business conditions, and overall economic situation.
