July 29, 2013 - Binary Options Daily Analysis
Asian stock markets this week caused by disappointing Chinese macroeconomic data mainly by red numbers. Nikkei down -1,47% -2,86% and Shanghai SE. European stock markets grow (FTSE100 index +0.32%).
Crude oil prices fell below 104.50/barrel dollars. Prices, the U.S. crude oil inventories fell by at least three years the most. We can expect the price will rise.
Today's main event:
14:00 GMT Pending Home Sales M / M - according to the contract change in the number of homes for sale, but still waiting for closing transaction, excluding new construction. This is a is a leading indicator of economic health because houses for sale triggers a wide-reaching ripple effect.
GMT 22:45 NZD building consent in the new building approvals issued in the number of M / M - changes. This is one of the leading measure of future construction activity, as approved by the Government to build a new building is one of the first steps. Construction is important because it produces a wide-reaching ripple effect.
23:30 GMT JPY Household Spending Y / Y - consumer spending accounts for the majority of overall economic activity. This is the economic health of one of the most important instrument.
