Daily News | Varying trends on the market

It is already the middle of the week, so buckle down and read closely as we analyze all the most important economic indicators that will shape the binary options trading market. We have many varying trends today, so let’s get started. The German economy will once again be an important player, as its Import Price Index is expected to rise, while the Gfk Consumer Confidence Survey is expected to remain the same. In France, Consumer Confidence is projected to rise, while Private Loans in the Eurozone as a whole will also drop. Based on the currently available indicators, we expect that the euro will have a bullish Wednesday. As far as the British pound sterling is concerned, it seems that the situation is much more negative. The Index of Services and GDP of the United Kingdom are all expected to rise, which will most likely lead to a bearish day for the currency. Going across the pond, we look at the U.S. dollar. The Goods Trade Balance index is expected to rise, while Pending Home Sales are expected to drop sharply. It seems that the USD will most likely experience a slump today. Varying trends continue as we look at the Japanese yen. Overall Household Spending is expected to drop sharply, alongside Year-over-Year Retail Trade, which most likely means that the yen will have a bearish day today.

Daily News | Ready for a payday?

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Author: Max Rothstein
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