August 7, 2013 - Economy
European shares fell, mainly due to weak results from Asian markets (Nikkei -4.00%, Hang Seng -1.11%), the former Bank of England inflation report UK FTSE fell -0.50% . Asian stocks fell as the yen strengthened, so that the export-oriented companies, such as Sony, Pioneer and Canon has dropped more than 4%.
Gold and crude oil fell yesterday powerful trade balance data from the United States. Instead of corn recovered from the lowest since 2010. Now, traders await the U.S. Department of Agriculture how data on Monday. If the data is a little stronger, we expect the rebound, so that binary options traders will have great opportunities.
Central Act today:
0930 GMT Euro inflation report from the Bank of England - The Bank believes that the economic situation and inflation, which provides valuable information. Will shape the future of the key monetary policy decisions affect your interest rate.
12:30 GMT CAD Building Permits - changes in the total value of new building permits. This is a good measure of future construction activity because obtaining permits to build a new building is one of the first steps.
14:30 GMT USD Crude Oil Inventories - number of cubes of a trading company in the last few weeks the change in inventories of crude. Affect the price of petroleum products affect inflation, but also affected the growth of many industries rely on oil to produce goods.
23:50 GMT JPY Current Account - import and export of goods, services, income flows and unilateral in the previous quarter, the value of the difference between the transfer. Is directly related to the demand for money - a growing surplus indicates that foreigners buy more currency execute transactions in the country.
