Daily News | An upward trend on the market

We are in the second half of the trading week, but there are still plenty of opportunities to make a tidy sum trading on the global binary options market! We have once again looked at the most important economic factors that could influence your profits! We start the day with the euro. It seems that the French Market Manufacturing PMI, which shows the situation in the manufacturing sector, will rise this Thursday, which could prove beneficial. With the Markit Services PMI of the Eurozone, which is an indicator of the economic situation in the Eurozone services sector, also expected to rise, we believe that the euro could have a bullish day. This could be the beginning of an upward trend for the currency. Next, we look at the U.S. dollar. With the Continuing Jobless Claims index, which is the number of individuals who are unemployed and are currently receiving unemployment benefits, set to drop today and the Initial Jobless Claims index, which is a measure of the number of people filing first-time claims for state unemployment insurance, also decreasing, we have to assume the USD will see a bullish Thursday. This is a continuation of the dollar’s upward trend, but can this one last as much as the last one?

Daily News | Get a reliable partner

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Author: Max Rothstein
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