Daily News | Golden Week closes markets in Japan

Welcome to the last day of global binary options trading this week! Fear not, there are plenty of great deals to be made, helped along by our expertise and guidance! This Friday, we decided to focus on the Japanese yen. From Wednesday to Thursday, the currency fell from $0.0089 to $0.0088. This happened as the Nikkei had superb growth in its shares and reached six-week highs on Tuesday. This was helped by the holiday-shortened lift, robust earnings and Wall Street gains. In fact, this added 1.3% to the overall earnings this week. Keep in mind that the markets in Japan will be closed, due to a string of holidays known as the Golden Week. We will continue to monitor Tokyo after this, but let us switch to the US dollar. In the same timeframe, the USD fell from €0.9148 to €0.9106. There was little in the way of stock movement on Thursday, as solid gains in other sectors were curtailed by the drop in the energy sector. Of interest is to note that S&P 500 went up by 11.6% after Trump’s election, given that the President had plans for tax cuts, infrastructure spending and deregulation. There will be no Golden Week for Americans, so stick with us after the weekend to get the latest market data! 

Daily News | Trade on the go without problems

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Author: Max Rothstein
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