October 14, 2013 - Binary Options Daily Market News
U.S. lawmakers still have not come up with an agreement on the debt limit . Talks between President Obama and Chairman John Boehner damaged homes . The dead line to make decisions on October 17 or the market will fall further . Asian stocks fell at the start of the previous session because there are some bad data for China released over the weekend . China's trade balance came out worse than expected at 15.20B and exports decreased by 0.3 % which is well below expectations for a rise of 6% . However , the stock is now trading higher the Hang Seng closed 1.16 % higher and the Nikkei closed 1.48 % higher .
WTI traded lower in early trading session after negative data that we receive from China but is now rebounding slightly . Gold traded choppy but a low around 3 months on hopes that an agreement can be reached on the debt ceiling .
Game Day :
07:15 GMT : CHF - Swiss PPI ( MoM ) - measures the change in price of goods sold by manufacturers . It is a leading indicator of consumer price inflation , which accounts for the majority of overall inflation .
09:00 GMT : EUR - Industrial Production ( MoM ) - measures the change in the total inflation-adjusted value of output produced by manufacturers, mines , and utilities
Canada , Indonesia , Japan and Hon Kong markets are all closed today for a national holiday
