Daily News | US economy rises

The end of the global binary options market is getting ever closer, which means that you do not have a lot of time to make some lucrative trades. We have compiled the most important news items of the day so that we can help you on your way! This Friday, we start with the British pound sterling. From Wednesday to Thursday, the currency rose from $1.2485 to $1.2592. It seems that the British construction industry is on the rise, touching an eight-month high in November. The Markit/CIPS UK Construction PMI edged up to 52.8 from 52.6 last month, with a boom in commercial and civil engineering activity, as well as growth in house building. We shall continue to monitor this story in the future, but let us now look at the situation in the US economy. In the same timeframe, the USD fell from €0.9451 to €0.9405. Despite this, there is growing confidence in the economy, as employers increased hiring in November. Nonfarm payrolls most likely increased by 175,000 jobs last month. The economy as a whole has grown at a fairly quick rate during the third quarter, with increases in consumer spending, inflation, housing and manufacturing at the beginning of the fourth quarter. We will continue to follow this growth in the US economy in the future, so stick with us!

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Author: Max Rothstein

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