Daily News | European markets faltering

We are only on the second day of the global binary options trading week, but there are plenty of opportunities out there for you to make a profit, if you know where to look. Luckily, we have compiled all the pertinent data you need to do so this Tuesday. We start off with the European markets. From Friday to Monday, the euro fell from $1.0595 to $1.0577. This occurred as European shares extended previous losses, as commodities-related stocks came under renewed pressure after a sharp decline in metals and oil prices. The European basic resources index also dropped 1.7%, as prices of major industrial metals fell 1 to 2.2%. On a brighter note, Italy’s benchmark banking index gained 0.5%, after experiencing recent sharp declines. As you can see, a lot of interesting things are going on on the European markets, so stay vigilant. Now, let us look at the US dollar. In the same timeframe, the USD rose from €0.9437 to €0.9453. However, US stocks declined on Monday and it was their worst performance in almost a month, as it was weighed down by pullback in the financial and consumer discretionary sectors. This was unfortunate, as the three major US indexes had closed higher for the third week in a row on Friday. For more on the stories we wrote about, and others, follow us every day!

Daily News | Trade with a reliable partner

If you really want to make the most of the currency market this Tuesday, we suggest you take a look at the broker 24option. In our 24option Scam Test 2016 article, we took a good look at the company to see if they were legitimate. We found no cause for concern, as their trading platform is superb, offering over 100 assets to trade with. They also have their own mobile app, which will help any traders on the go, as it was designed for both Android and iOS devices. For more on what this broker has to offer, check out the full article!


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Author: Max Rothstein

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