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Stocks In Australian Binary Options Trading Bounce

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Stocks scored impressive gains in Australian binary options trading to end the week. Global markets have resumed their optimism that the recent selloffs have been overdone. The labor situation in the United States is improving dramatically and that gives rise to the US consumer. Stocks in the US continue on their record run. Likewise, shares in Japan are recovering as well after Haruhiko Kuroda was confirmed to be the next Bank of Japan Governor. There’s a market rumor that the BOJ will hold an emergency meeting and that sent the yen lower and the Nikkei 225 higher.

ASX 200 Australian Binary Options Rally

The ASX 200 turned in an impressive performance for Friday. The ASX 200 closed up 88 points to 5120.20. In the Australian binary options banking sector, National Australia Bank closed higher by 38 cents to $31.30, ANZ added 54 cents to $28.72, Commonwealth Bank rallied $1.30 to $70.18, and Westpac had the biggest percentage gain among the big banks surging 76 cents to $30.89 in Australian Binary options trading. In the resource sector, BHP Billiton added 46 cents to $35.55, Rio Tinto rose 60 cents to $61.30 and Fortescue closed up 9 cents to $4.06.

Japanese Stocks Higher In Australian Binary Options Market

Japanese stocks are rallying to close out the week after Prime Minister Shinzo Abe’s picks for the Bank of Japan received confirmation. Incoming BOJ Governor Haruhiko Kuroda has pledged to do whatever steps necessary to bring Japan out of its deflationary spiral. The strengthening US labor market means more demand for Japanese products as the yen becomes more competitive. The Nikkei 225 is higher by 179 points to end at 12,561.

Australian Binary Options Traders Like Aussie Dollar

The Aussie dollar is fixing to have its biggest weekly gain in almost six months. Traders have become much more optimistic about the Australian dollar and have flowed back into the nation’s currency. Traders are now waiting for the release of the minutes from the Reserve Bank of Australia’s last meeting.

The New Zealand dollar on the other hand is heading for a loss for Australian binary options traders as the New Zealand economy weakens. The Reserve Bank of New Zealand said today that it is monitoring exchange rates. Reserve Bank Governor Graeme King said this week that the kiwi is overvalued and that it is hurting the country. Look for the bank to continue with their verbal comments to weaken the kiwi for Australian binary options traders.

Australian Binary Options Traders Look For Action From BOJ

The Japanese government has done plenty to verbally weaken the yen over the past 5 months without actually doing anything. Australian binary options traders are now looking for action to justify the dramatic weakening of the yen. An emergency meeting by the Bank of Japan will need to show dramatic action in order to appease traders. A bold move could weaken the yen further. Australian binary options traders can expect the yen to continue to weaken in the long-term.

Australian Binary Options Economic Data Calendar

All Times GMT

  • 0815 Swiss PPI (MoM) 0.2% forecast -0.1% prev (CHF)
  • 1000 Euro CPI (YoY) 1.8% forecast 1.8% prev (EUR)
  • 1000 Euro Core CPI (YoY) 1.3% forecast 1.3% prev (EUR)
  • 1230 US Core CPI (MoM) 0.2% forecast 0.3% prev (USD)
  • 1230 US CPI (MoM) 0.5% forecast 0.0% prev (USD)
  • 1230 US Core CPI (YoY) 2.0% forecast 1.9% prev (USD)
  • 1230 US CPI (YoY) 1.9% forecast 1.6% prev (USD)
  • 1230 NY Empire Manufacturing 8.4 forecast 10.0 prev (USD)
  • 1315 US Industrial Production (MoM) 0.4% forecast -0.1% prev (USD)
  • 1330 FOMC Member Fisher Speaks
  • 1355 Michigan Consumer Sentiment 78.0 forecast 77.6 prev (USD)

Australian binary options traders will have a lot of data out of the US to contend with. Good luck to all Australian binary options traders today and be sure to check back for the latest updates!