Binary Options In Digest

The Binary Options industry pioneer has developed attractive features to offer to its Japanese partners. (PRWeb May 20, 2012) Read the full story at http://www.prweb.com/releases/2012/5/prweb9522221.htm

USD/CHF couldn’t penetrate 0.9480 and heading down- Tradesmarter traders are still positive with 57% of the binary options traders are holding binary CALL positions, Will this trend change within the next hours?

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NEW YORK, May 18, 2012 /PRNewswire/ Banc De Binary, the world´s leading binary options trading firm, is enjoying an overwhelmingly positive response to its new series of educational webinars. (Photo: …

Following the success of their interactive trading lessons, leading binary options brokerage, Banc De Binary, is expecting thousands to attend CEO Oren Laurent's webinar on "Binary Options – vs – Forex."(PRWEB) May 18, 2012 Banc De Binary, the world’s leading binary options trading firm, is enjoying an overwhelmingly positive response to its new series of educational webinars. …

NEW YORK, May 17, 2012 /PRNewswire/ –Win Global Markets, Inc. (OTCBB: WGMI), a leading provider of online trading of binary options, has launched its mobile trading platform of http://www.eztrader.com …

  • U.S. Markets: Despite all the fervor over the Facebook (Nasdaq: FB) IPO, savvy traders realize thesocial media darling is just one stock without the benefit of even one trading day under its belt, so it’snot surprising Facebook headlines weren’t enough to lift U.S. stocks from sinking once again.
  • Awash in lingering concerns about Europe’s debt woes and several glum economic data points, U.S.equities extended their declines Thursday. The Nasdaq fell 2%. The S&P 500 tumbled to it fifthconsecutive daily loss and another four-month low while another triple-digit loss for the Dow JonesIndustrial Average sent the blue chip index to its eleventh down day in the past 12.
  • In economic news, the the Federal Reserve Bank of Philadelphia said its manufacturing index fell to-5.8 in May from 8.5 in April. Economists expected a reading of 10. Readings below zero indicatecontraction. The Conference Board said its index of leading economic indicators dropped 0.1% inApril to to 95.5 following 0.3% increase in March and a 0.7% rise in February. Economists expected a0.1% increase in April. The number of weekly jobless claims came in at 370,000, which matched theprevious week’s reading. Economists were expecting a decline to 367,000 new claims. So there it is. Not one, but three glum economic data points to pressure U.S. stocks.
  • Resurgent Gold: For gold bugs, it probably feels like forever since they were able to enjoy a day likeThursday. In U.S. trading, the yellow metal soared $38.30, or 2.5%, to finish the session at $1,574.90a troy ounce even as the U.S. Dollar Index extended a 14-day winning streak. The SPDR Gold Shares(NYSE: GLD) added more than 2.2% on volume that was well above the daily average. Gold wasspotted slightly lower in Asian trading as the euro was again weakening against the dollar.
  • Europe Plaguing Asia: Of course we cannot skirt the issue of Europe. Spanish bond yields are onceagain soaring after Moody’s Investors Service lowered debt ratings at 16 Spanish banks. The ratingsagency said a deepening recession and mounting loan losses in the Euro Zone’s fourth-largest economywere reasons for the downgrades. In other less-than-stunning news, Fitch Ratings pared Greece’s creditrating, which long ago reached junk status, by one notch.
  • In Spain, the cost of insuring against a default jumped to a record after the nation sold January 2015bonds at an average yield of 4.375 percent, compared with 2.89 percent when they were last auctionedin April, Bloomberg reported. With the euro headed to a third-consecutive weekly loss, Asian stocks continued to falter. The Nikkei225 and the Hang Seng were both spotted lower by nearly 3% while Singapore’s benchmark exchangewas off by more than 2%. South Korea’s Kospi was also off by more than 3% while the ShanghaiComposite was down 1.4%.
  • Regarding oil, NYMEX-traded crude for June deliver lost 11 cents, or 0.1%, to settle at $92.71 perbarrel. That’s good for the tenth loss in the past 11 trading days. Oil was seen lower in Asian tradingand if that weakness carries over to the U.S. session, black gold could open below support at $92.50 perbarrel, creating a valid short opportunity for binary options traders.

Key Highlights For The Trading Day

For better or worse, probably better, the economic calendar is light in the U.S., but binary options traders will not be lacking for opportunities. The J.P. Morgan Chase (NYSE: JPM) trading controversy continues to plague the financial services sector and materials stocks continue to weaken, creating opportunities across at least three sectors for binary traders. The following stocks are 15% or less removed from their 52-week lows and all have been under intense selling pressure recently: BHP Billiton (NYSE: BHP), BP (NYSE: BP), Total (NYSE: TOT) and Rio Tinto (NYSE: RIO).

  • 1:30 pm GMT – Core CPI m/m

Why traders care? Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.

  • All day – G8 Meeting

Why traders care? While it’s not an institution, the G8 is an influential global policy-making body operating at the highest level, and their initiatives and policies can impact the currency markets

  • The bearish movement of the GBP/JPY continues with binary options traders increasing their BInary PUT Options positions on the pair.

    69% of Trdesmarter clients speculate on the downtrend.
    The GBP/JPY broke down an descending triangle at the 127.70 level suggesting a bearish trend for the pair.

    Click here to trade the GBP/JPY binary option

    Happy trading!

    The Tradesmarter Team
    +44 203 318 5986
    support@tradesmarter.com

    U.S. Markets: Beleaguered traders have heard it all before: U.S. stocks fall because the clouds hanging over the Euro Zone grow darker by the day and that’s exactly the scenario that played out on Wednesday. A small loss for the S&P 500 sent the benchmark U.S. index to its fourth straight, its longest losing streak in a month, as traders continued to ponder Greece’s political and financial future.

    Well, Greece’s political and financial future is not bright at that moment and more and more traders are catching on to that. That explains why some decent U.S. economic was overlooked and comments from German Chancellor Angela Merkel that Greece will remain in the Euro Zone had little impact.

    General Electric: Dow component General Electric (NYSE: GE) used to run an ad campaign where the slogan was “GE: We Bring Good Things To Life.” The stock did just that on Wednesday. Despite a down day for the broader market, GE jumped 3% after the company said its GE Capital unit will resume paying dividends to the parent company. Any follow through or profit-taking in the shares on Thursday will create opportunities for binary options traders in GE.

    Oil: $85 Here We Come? Oil names were mixed in the U.S with PetroChina (NYSE: PTR) losing 2%, BP (NYSE: BP) finishing flat and Total (NYSE: TOT) rising. Don’t be deceived. NYMEX-traded crude for June delivery lost 1.2% to settle at $92.81 a barrel. That’s the fourth consecutive closing low of 2012 for the benchmark U.S. contract. If support at $92.50 per barrel gives out, oil could easily see
    $85.

    Gold’s Goose Could Be Cooked: Oil and gold share one similarity and it’s not good: Both are being killed by the stronger U.S. dollar. The U.S. Dollar Index has closed higher for 13 straight days. The PowerShares DB US Dollar Index Bullish (NYSE: UUP) added another 0.22% today and is up almost 2% in the past week. Comex gold for June delivery fell $20.50, or 1.3%, to settle at $1,536.60 a troy ounce. That’s the lowest closing price since July 2011.

    The Hang Seng was also higher by half a percent, but stocks in Seoul and Sydney drifted lower. In the U.S., Aussie titans BHP Billiton (NYSE: BHP) and Rio Tinto (NYSE: RIO) both closed lower again with BHP closing right on its low of the day.

    Key Highlights for the Trading Day

    With Europe looming large and traders running out of reasons to embrace riskier assets, beware a dead-cat bounce, which is American talk for buyers being foolish enough to buy just because the market has fallen several days in a row. Opportunities will be plentiful for binary options traders during the day and it looks like the dollar could be poised to come in a bit and some higher quality U.S. listed stocks could jump, for just one day.

    • 1:30 pm GMT – Unemployment Claims
      Why traders care? Although it’s generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Economists expect a reading of 365,000 compared to last week’s reading of 367,000.
    • 3:00 pm GMT – Philly Fed Manufacturing Index
      Why traders care?
      Why traders care? It’s a leading indicator of economic health – businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment. The Philly Fed survey due out is expected to show a May reading of 10 compared with a previous reading of 8.5.

    So I just read that after months of deliberation and months of seemingly more and more binary platforms opening, CySec – The Cyprus Securities and Exchange Commission – announced that as of May 3rd all business entities that provide services in or related to Binary Options ill be regulated under the same European directive – [...]

    • U.S. Markets: Plagued by a rejuvenated U.S. dollar and more doubts flowing from Europe, U.S. equities once again closed in the red with the S&P 500 cascading to a three-month. It wasn’t for lack of effort. Stocks were grinding higher for much of the earlier part of Tuesday’s session, but losses accelerated
    • toward the end of the day as traders dumped everything in sight that smelled of risk.
    • Economic news was mixed at best. These were the data points released in the U.S. on Tuesday: The Commerce Department said retail sales rose just 0.1% last month compared with a 0.7% increase in March. The rise matched economists’ expectations. The Labor Department said the Consumer Price Index was unchanged in April following a 0.3% increase in March. Excluding volatile food and energy prices, the core index rose 0.2%. The April reading matched economists’ expectations. The National Association of Home Builders/Wells Fargo index jumped to 29 in May, the highest reading since May 2007, topping the reading of 26 economists expected.
    • Greece remains the issue co-founding the market right now and that has been the case for over two years. No coalition government seems imminent there, but more contentious elections do. The only thing Greece can be counted on for these days is to send global markets tumbling and give traders reason to believe the Euro Zone won’t make it through the year in its current state.
    • News Lows: The PowerShares DB US Dollar Index Bullish (NYSE: UUP) surged three-quarters of a percent on volume that was better than triple the daily average. The ETF, a tradeable version of the U.S. Dollar Index, reached its highest closing price since January. That means the euro is drifting lower toward more multi-month lows.
    • Comex silver fell to its lowest closing price since late December. Platinum has been tarnished as Barclays and BNP Paribas lowered their price forecasts for platinum metals this year. Oil has violated the $94 mark in the U.S.
    • Obviously, oil’s woes are pressuring oil stocks on both sides of the Atlantic. Shares of BP (NYSE: BP) and Total (NYSE: TOT), Europe’s second- and third-largest oil companies, respectively, have plunged in the past month. Ugly charts indicate binary options traders can profit from more downside on these names.
    • Same goes for copper as the chart here indicates. You didn’t expect the red metal that many traders believe is a tell on the health of the global economy to hold up amid all the concerning Chinese economic data and Europe’s lingering woes, did you? Problems in the materials sector have taken BHP Billiton (NYSE: BHP) to within spitting distance of its 52-week low. Rio Tinto (NYSE: RIO) is further removed from that ominous fate, but its chart is equally as depressing. Like the euro, copper is trading at four-month lows.
    • More bad news: BHP Chairman Jacques Nasser said the company sees commodities demand cooling.
    • Black Clouds In Asia: The Nikkei was seen lower by 1.3% while the Australia’s S&P/ASX 200 Index dropped 1.8%. Stocks in Singapore were also lower by 1.3%, but the Hang Seng appeared to be getting the worst end of the deal with a loss of almost 2.7%. In Asian trading, the euro and gold continued the declines that started in the U.S. on Tuesday.

    Key Highlights for the Trading Day

    • 1:30 pm GMT – Building Permits

    U.S. markets will again be awash in critical economic data points that have the potential to create plenty of opportunities for binary options traders. The residential construction number for April is expected to a show a reading of 683,000 new units compared with a March reading of 654,000.

    • 3:30 pm GMT – Crude Oil Inventories

    Oil inventory data will be released at 10:30 and if the number exceeds the consensus estimate calling for an increase of 3.7 million barrels, crude futures will almost certainly incur more downside as U.S. oil stockpiles are sitting at their highest levels since the early 1990s. And we cannot forget about the release of the Federal Open Market Committee Meeting minutes at 2PM Eastern time. This time around, it might not be enough for the Federal Reserve to say it will keep interest rates low through 2014. It might need to overtly hint at QE3.

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