Daily News | Asian markets going wild

We are in the middle of this week in global binary options trading, but that should not discourage you from honing your skills or trading on the currency market! Join us this Wednesday, as we look at the hottest trades available, starting with the Japanese yen. From Monday to Tuesday, the currency rose from $0.009055 to $0.009066. This happened as Asian markets dealing with technology hit 17-year highs, with blockbuster earnings from Apple making their way to component makers from across the world. Shares in that company rose 6%, with shares being valued at $159. In turn, Murata Manufacturing rose 4.9%, together with Taiyo Yuden at 4.4%, which helped the Nikkei rise 0.47%. The MSCI tech index for Asia climbed 0.9%, to levels not seen since 2000, with gains reaching 40%. We will continue to monitor Asian markets in the future, but let us now turn to the US dollar. In the same period, the USD rose from €0.8468 to €0.8475. The index for US factory activity went down from its highest level in the last three years in July, after the number of new orders and consumer spending decreased and then barely rose in the previous month. This seems to be setting the state for moderate economic growth in the third quarter. We will continue to monitor this in the future, so stick with us!

Daily News | Test things out for free!

If want to make the most of this week in global binary options trading, we highly recommend you take a look at ZoomTrader. In our ZoomTrader Demo Account article, we discuss everything that is important to note about this great feature that the broker offers. First off, you do have to keep in mind that it is reserved for real traders. You will first have to make your initial deposit to unlock it. Once this you is out of the way, you can test your mettle and see what type of trader you are, while practicing features such as long and short-term trading. For more information, be sure to check out the full article.


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Author: Max Rothstein

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