Daily News | Big coalition in Germany

The first big news we’d like to present at the start of this week’s reviews comes from Germany. On Friday Angela Merkel lost the support of Free Democrats and Greens, but it now looks like we are about to see a big coalition in Germany. Social Democrats (SPD) have decided to negotiate with leaders of the German conservative party. As we all know, Germany is the biggest European economy and in the terms of fundamental analysis it can be very important to keep an eye on the political situation in that country. A big coalition in Germany could mean political stability. This is very important, especially if we have in mind that there are some important topics yet to be discussed, such as the eurozone reform and Brexit. Some think, on the other hand, that the conservatives should, instead of chasing this big coalition, make a minority government.

Besides the situation in Germany, we’d like to highlight some interesting market movements. It’s good to know that Shanghai shares fell 0.9 percent, reaching a three-month low. Japan’s Nikkei fell 0.3 percent and South Korea’s KOSPI fell 1.4 percent. The greenback’s index against six major currencies is 92.805, which isn’t too far from its two-month low.

Daily News | Practice for free and improve your chances

In the world of trading there are many opportunities you can explore. But have in mind that you have a decent broker by your side. If you would like to trade with the best in the industry, you should open an account with IQ Option. This broker started its business in 2013 and till now they gained very good reputation. They have excellent trading features, intuitive trading platform and they offer you some practice hours for free! If you check out IQ Option Demo Account, you’ll see you can develop your own trading strategies and explore the platform for free! Open an account and start trading today!


Recommended reading

Author's overall rating:
Author: Max Rothstein

BinaryOptionsTrading-Review.com has taken reasonable measures to ensure the accuracy of the information in the website, however, does not guarantee it. The data exhibited in this website is not necessarily always real-time or completely accurate; this includes market analysis, forecasts, signals, assets’ price quotes and charts. Readers should not treat any opinion expressed by the authors of BinaryOptionsTrading-Review.com as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of their current opinion. The risks involved in trading binary options are high and may not be suitable for all traders. BinaryOptionsTrading-Review.com doesn't retain responsibility for any losses readers might face as a result of using the information presented in this website. This website is owned by Next Media Corp.
In accordance with FTC guidelines, BinaryOptionsTrading-Review.com has financial relationships with some of the products and services mentioned on this website. BinaryOptionsTrading-Review.com may be compensated if consumers choose to click links in our content and ultimately sign up for mentioned products.
Binary options are not promoted or sold to retail EEA traders. If you are not a professional client, please leave this page.