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08/07/2013 - July

July 8, 2013 - Binary Options Daily News

 

The U.S. dollar was stronger against most currencies as payment of non farm showed better than expected results. This was important for investors to see if they can expect quantitative easing program cone curând.EUR / USD was pushed to the 1.2820 area, USD / JPY above 101.00 GBP / USD below 1.5000.

 

This result had an impact on gold as well. Prices fall $ 1,220.00 / ounce, but recovered slightly during the Asian session.

 

Today the main events:

 

10:00 GMT EUR German Industrial Production Index - Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities. It is an important indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings.

 

12:30 GMT CAD Building Permits - Change in the total value of new building released. It is an excellent indicator of future construction activity because obtaining a permit is among the first steps in constructing a new building.

 

Speech 12:30 GMT Euro Mario Draghi - Public hearing with Mario Draghi, President of the European Systemic Risk

 

1:30 p.m. GMT Mario Draghi speech euro - monetary dialogue with Mario Draghi, President of the European Central Bank

 

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