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The economic calendar is one of the most powerful resources available to binary options traders. That’s because it allows investors to identify market moving events which might affect the price of stocks, indices, commodities or foreign currency pairs.
Use our economic calendar to stay on target and know when the best event, date and time to generate profit will occur.
Written each day before the markets open, the Binary Options Daily provides you with an inside look at how the markets – and assets – are behaving; furthermore, major economic events occurring each day allow you to focus your strategy on assets most likely to be affected by the news.
19 Jan 2017
January 19, 2017
|00:30||AUD||Employment ChangeEmployment Change||39.1K||10.2K|
|Day 3||ALL||WEF Annual Meetings|
|12:45||EUR||Minimum Bid Rate||0.00%||0.00%|
|13:30||CAD||Manufacturing Sales m/m||-0.8%||0.2%|
|13:30||ECB||ECB Press Conference|
|13:30||USD||Philly Fed Manufacturing Index||21.5||16.3|
|16:00||USD||Crude Oil Inventories||4.1M|
Asian markets finished mixed on Wednesday as the uncertainties over a Trump presidency in the U.S. kept them from finding direction for the most part. Australia’s S&P/ASX 200 fell for a second consecutive day, ending with a loss of 0.36%. On mainland China the Shanghai Composite gained 0.14% after the People’s Bank of China injected roughly $39 billion in liquidity to the Chinese money market. The Hang Seng in Hong Kong led the region as it advanced 1.13% and broke above the psychologically important 23,000 level. Japan’s Nikkei started the day in the red, but a weakening Yen during the session lifted the index as the Nikkei finished the day 0.43% higher. In South Korea the Kospi fell 0.06%, while the Straits Times Index in Singapore was 0.42% lower at the close. European markets ended broadly higher in a back and forth session as investors weighed good corporate earnings against their uncertainty over the incoming U.S. president. At the close the Stoxx Europe 600 was 0.18% higher, with Germany’s DAX adding 0.51% and the CAC 40 in France finishing 0.13% lower. London’s FTSE bounced back from the losses of the previous session, gaining 0.38% on the day. Markets in the U.S. also traded back and forth over unchanged levels all day Wednesday, finally finishing mixed but off their daily lows. At the close the S&P 500 was trading 0.18% higher, the Dow fell by 0.11%, and the Nasdaq added 0.31%.
EUR – The Euro bounced back and firmed against the Pound and Yen on Wednesday, but fell versus the USD.
GBP – The Pound continued to firm against the Yen on Wednesday, but reversed some of the huge gains made in the previous session versus the USD and Euro.
USD – The USD reversed course Wednesday, firming broadly and solidly after plunging against rivals in the previous session.
JPY – The Yen was broadly softer on Wednesday as some of the safe haven demand for the currency began to dry up.
TRY – The Lira was mixed on Wednesday as it softened against the USD and Euro, but firmed versus the Yen and Pound. The Turkish currency remains mostly under pressure however with little end in sight for the historic lows it has been facing against the USD.
RUB – The Ruble firmed against most major currencies Wednesday, but reversed mid-day to finish modestly softer versus the USD.
Metals – Precious metals ended mixed on Wednesday as the U.S. dollar strengthened, taking some of the steam out of the recent rally for the metals. February gold lost $0.80, or less than 0.1%, to settle at $1,212.10 an ounce. March silver added $0.126, or 0.7%, to $17.274 an ounce.
Oil – Crude fell sharply Wednesday, with losses accelerating late in the day as traders worried about increase shale oil production in the U.S. pushing supply levels higher. February West Texas Intermediate crude fell $1.40, or 2.7%, to settle at $51.08 a barrel.
S&P500 – The S&P spent the day trading along unchanged levels as investors remain cautious ahead of the inauguration of Donald Trump. The market rallied into the close, pulling the S&P to its highest level of the day where it closed with a 0.18% gain.
DAX – The DAX gained early in choppy trade, but by the lunch hour was back at unchanged levels. It managed to pull higher again in the afternoon, and by the close it was leading European markets higher as it added 0.51% for the day.
Nikkei – Japan’s Nikkei fell sharply into the red at the open Wednesday as investors reacted to the overnight strength in the Yen versus the U.S. dollar. As the Yen retreated during the Asian session the Nikkei also recovered and was nearly back to unchanged levels by the lunch break. The Nikkei continued higher in the afternoon, with a final push at the end of the session giving the Japanese benchmark index a gain of 0.43% for the day.
McDonald’s Corporation – After rising off the $111 low after the U.S. presidential election in November, McDonald’s shares have turned sideways, trading in the range of roughly $119 to $124 a share. The stock remains range bound this week and was little changed Wednesday as investors prepare for the company to release fourth quarter earnings before the market open next Monday. Earnings are expected to be in-line with analyst forecasts, but what investors really want to see is continued signs that the fast food giant is making strides in attracting a younger demographic back through its doors. The addition of all-day breakfast in 2015 helped that along, and the company has been making menu changes that seem positive, but investors are still questioning if the company can continue to turn things around. The stock hit a high near $131 a share last year after the all-day breakfast was added, but has floundered since and will need to show investors something impressive on the operations front to retake that all-time high.
18 Jan 2017
January 18, 2017
|Day 2||ALL||WEF Annual MeetingsWEF Annual MeetingsWEF Annual MeetingsWEF Annual MeetingsWEF Annual Meetings|
|09:30||GBP||Average Earnings Index 3m/yAverage Earnings Index 3m/y||2.5%||2.6%|
|09:30||GBP||Claimant Count Change||2.4K||4.6K|
|10:00||EUR||Final CPI y/y||1.1%||1.1%|
|13:30||USD||Core CPI m/m||0.2%||0.2%|
|14:15||USD||Capacity Utilization Rate||75.0%||75.6%|
|14:15||USD||Industrial Production m/m||-0.4%||0.8%|
|15:00||CAD||BOC Monetary Policy Report|
|15:00||CAD||BOC Rate Statement|
|16:15||CAD||BOC Press Conference|
|20:00||USD||Fed Chair Yellen Speaks|
Concerns over the U.S. presidential inauguration and the U.K.’s stance on Brexit negotiations with the European Union caused negative sentiment across much of Asia on Tuesday, sending several key markets lower for the session. In Japan, the Nikkei led losses across Asia for a second consecutive day as it fell 1.48% in response to more strength from the Yen versus the U.S. dollar. Australia’s S&P/ASX 200 was also solidly lower as it fell 0.85% and finished the session at its daily lows. The Shanghai Composite on mainland China managed to avoid the falling trend as it rallied late in the day to finish 0.17% higher, and in Hong Kong the Hang Seng gained as well, posting a 0.54% increase. South Korea’s Kospi was 0.37% higher, while the Straits Times Index in Singapore edged lower by 0.01% for the day. European markets ended broadly lower, but were off their worst levels of the day following the speech by U.K. Prime Minister Theresa May in which she signaled a “hard Brexit” for the U.K. The Stoxx Europe 600 finished 0.15% lower, with Germany’s DAX falling 0.13% and the CAC 40 in France lower by 0.46%. In London, the FTSE suffered its worst daily loss since June, dropping 1.46% in response to the “hard Brexit” message. U.S. markets ended broadly lower Tuesday after the USD weakened following comments from president-elect Donald Trump that the greenback was too strong. At the close the S&P 500 was lower by 0.30%, the Dow was off by 0.30% as well, and the Nasdaq underperformed with a 0.63% loss.
EUR – The Euro fell against the Yen and more sharply versus the Pound, but firmed against the USD on Tuesday following the Brexit speech from U.K. Prime Minister Theresa May.
GBP – The Pound shot higher against rival currencies Tuesday, making its best one day gain against the USD since October 2008 after Prime Minister Theresa May confirmed it will be a “hard Brexit”, but also stated that she will be looking for the greatest possible access to the EU market without being part of it.
USD – The USD fell sharply against rival currencies on Tuesday after president-elect Donald Trump made a statement that the USD is currently too strong and that it is hurting the U.S. economy.
JPY – The Yen strengthened versus the Euro and USD on Tuesday while falling against the Pound as safe haven demand for the Yen remained high.
TRY – The Lira was mixed as it firmed against the USD on Tuesday, but fell versus the Euro and Pound, while ending the session unchanged against the Yen.
RUB – The Ruble firmed against the USD Tuesday while falling versus other major currencies.
Metals – Precious metals gained Tuesday on trader jitters over the Brexit and U.S. inauguration, with gold closing at a two month high. Gold for February delivery rose $16.70, or 1.4%, to settle at $1,212.90 an ounce. Silver for March delivery rose $0.383, or 2.3%, to $17.148 an ounce.
Oil – Crude erased much of their early gains Tuesday after a U.S. agency forecast shale oil output would rise in February. February West Texas Intermediate crude rose $0.11, or 0.2%, to settle at $52.48 a barrel.
S&P500 – The S&P opened in the red and spent the day trading in negative territory. Late in the session the U.S. dollar weakened significantly, sending the S&P to its lowest level of the day as well. It bounced off the session lows, but still closed the day with a loss of 0.30%, with the financial sector at the bottom of the leader board.
DAX – The DAX fell at the open in anticipation of the speech later in the day by U.K. Prime Minister Theresa may to discuss the Brexit issue. After trading down by nearly 1% ahead of the speech the index rebounded strongly as Ms. May signaled a “hard Brexit” for the U.K., but emphasized her desire to maintain access to the single EU market. By the close the DAX was 0.13% lower as it traded back and forth over unchanged levels during the final hours of trading.
Nikkei – The Nikkei saw some early volatility as it fell sharply at the open, only to reverse and climb back towards unchanged levels. As it approached the unchanged line late in the morning selling pressure returned and the Nikkei was unable to reach unchanged levels. The afternoon saw continued selling pressure as investors reacted to strength from the Yen against the U.S. dollar. The index fell steadily throughout the afternoon and finished the day at its session lows with a loss of 1.48% on the day.
Citigroup – Shares of the financial services giant fell 2.10% on Tuesday as the entire financial sector was put under pressure by a weak U.S. dollar and profit taking. The company will report earnings on Wednesday and is expected to beat consensus estimates for the fourth quarter. The company has already beaten estimates for the past three quarters, and given the strength shown by its peers already this earnings season it should post good numbers as well. Even so, other banks and finance companies have seen their shares take a hit this week despite good earnings reports as investors have been taking profits and scaling back on the financial sector on some caution ahead of the Trump inauguration. Citigroup itself has seen resistance develop around the $61 level and is trading down from that resistance with a Tuesday close at $58.38 a share. In case the pullback continues we do see support at the $55 a share level, which is where we would expect the stock to bounce.
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