Euro Craters In Australia Binary Options Market
The euro fade turned into a euro route yesterday. The Cyprus bailout has Europeans fleeing the euro currency and rushing into other Australia binary options. Markets will anxiously await another round of Italian debt auctions today as that country is still awaiting word on how the country will be governed after the latest elections presented no clear winner. Dutch Finance Minister Jeroen Dijsselbloem spooked the markets when he said that depositors and bond holders must absorb some of the losses in future bailouts.
Kuroda Outlines Easing To Australia Binary Options Traders
The Japanese yen weakened against all its major peers after new BOJ Governor Haruhiko Kuroda outlined his vision for his tenure at the Bank of Japan. He hopes to reach the inflation goal within two years. Australia binary options traders took his comments as being serious and stopped covering their yen shorts. Kuroda said he would consider purchasing bonds with longer-dated maturities. That gave a boost to the yen pairs in the Australian binary options market.
Aussie Dollar Up In Australia Binary Options Trading
The Aussie dollar continues its impressive run higher as traders become more optimistic on the overall Australian economy. Most economists now don’t anticipate further interest rate cuts from the Reserve Bank of Australia. Australia binary options traders should view any pullback as a buying opportunity.
Australia Binary Options Traders Buying Puts On Asian Stocks
Australia binary options traders buying puts today are seeing profits in Asian stocks. Markets in Asia are down over fears of further bailouts in Europe and worries that China is looking to curb property prices. Stocks in Asia have been on a tear this year and prices are due for consolidation. Australia binary options traders need to watch for any headlines out of Europe as that’s driving share prices at the moment.
In Australia binary options trading, the Nikkei 225 is down 39 points to 12,506.78, the ASX 200 is down 40 to 4950.20, Hong Kong’s Hang Seng is down 119.33 to 22,163.16, and the Shanghai Composite is down 31.15 to 2,296.19.
Australia Binary Options Calls Higher On Crude Oil
WTI reached its highest level in more than five weeks as the futures price spiked above $95 in Australia binary options trading. WTI has been narrowing the gap with Brent in recent weeks. WTI is currently trading at $94.97 and Brent at $108.18. This narrows the spread to about $13 for Australia binary options traders.
Australia Binary Options Traders See Monthly Gain In Gold
Australia binary options gold traders are seeing increased demand for gold on fears out of Europe. The European crisis has spurred interest in gold. Gold is more attractive in non-US dollar terms because the US dollar is the strongest currency right now among the major currencies. Gold prices in Japanese yen, euros or pound sterling are a better bet for Australia binary options gold traders.
Australia Binary Options Economic Data Calendar
All Times GMT
- 1100 UK CBI Distributive Trades Survey 11 forecast 8 prev (GBP)
- 1230 US Core Durable Goods Orders (MoM) 0.5% forecast 2.3% prev (USD)
- 1230 US Durable Goods Orders (MoM) 3.8% forecast -4.9% prev (USD)
- 1300 S&P Case Schiller Home Price Index (YoY) 7.9% forecast 6.8% prev (USD)
- 1400 US CB Consumer Confidence 68.0 forecast 69.6 prev (USD)
- 1400 US New Home Sales 422K forecast 437K prev (USD)
- 1400 Richmond Fed Manufacturing 8 forecast 6 prev (USD)
For Australia binary options traders the main data points will be out of the US today. As always good luck to all Australia binary options traders and be sure to check back for the latest updates!
