Daily News | What to expect at the start of the week?

We are at the beginning of another exciting week for the market, so stick with us as we explain how best to make a profit this Monday! Firstly, our attention turns towards Europe, as the euro will see some interesting changes today. The German economy will once again influence the euro, as the Import Price Index of Germany will, most likely, experience a drop, which should apparently happen to retail sales as well. This, coupled with the expected drop of the Eurozone’s Consumer Price Index also show that the euro could experience a bearish start of the week. Also in Europe, the pound sterling is expected to experience a positive trend, as both mortgage approval and consumer credit indicators show positive movements. The Swiss franc is expected to favor sellers, as the KOF Leading Indicators, which look at GDP growth and economic trends in Switzerland, is expecting a drop, which could lead to a bearish start of the week for the CHF, as well. In North America, the U.S. dollar, according to expectations raised by the Chicago Purchasing Managers’ Index, will also see some decrease in value in the later part of Monday. Finally, let us turn towards the east, as the Japanese yen is hoping for an increase in value. Although the jobs to applicants ration and the unemployment rate are expected to remain the same, the overall household spending index will see some improvement, marking a possibly bullish day for the currency of Japan.

Daily News | Which broker can offer you the most?

After this look at the changes on the market this Monday, you might be asking yourselves, how to make the best out of this fairly bearish start of the week. Luckily, the brokers over at IQ Option can help you out with any and all hurdles you may experience along the way. With a free demo account, deals starting from just a single dollar, a $10 minimum deposit and round the clock international client support, you will be able to quickly and efficiently make money on the market! Check out our new IQ Option Review 2016 for all relevant information.


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Author: Max Rothstein

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