July 24, 2013 - Daily News Binary Options
Aussie depreciated as CPI data showed slightly disappointing results and worse-than-expected Chinese PMI pushed the Australian dollar even lower. The lower PMI Chinese Asian indexes fell. Shangai SE -0.51%, Nikkei 225-0.32%.
The European market opened on positive and FSTE100 increases by 0.58%. German, French and Eurozone PMI was better than expected, so stubborn spirit should be continued.
Oil fluctuated without significant movement after yesterday Jump back to $ 107/barrel. Gold continues to uppward track as U.S. Richmond Manufacturing Index pointed to a downturn.
Today's main events:
14:00 GMT USD New Homes Sales - Annualized number of new single-family homes that were sold during the previous month. It is a leading indicator of economic health because the sale of a new home cause far-reaching ripple GMT effect.11.00AM GBP interst rate decision - The decision where to set interest rates. The forecast is left unchanged at 0.50%.
21.00 GMT NZD interst rate decision - The decision where to set the interest rate at which banks lend RBNZ held in other banks. The forecast is left unchanged at 2.50%.
21.00 GMT NZD RBNZ Rate Statement - This is one of the basic tools RBNZ uses to communicate with investors about monetary policy. It contains the results of their decisions on interest rate and comment on the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers guidance on the outcome of future decisions.
