+1 (866)-882-6854
+ 44 203-807-1675
10:19:16 GMT
Black & White


FTSE F-DEC16 6984.750 10:15 25.10
OIL-DEC16 (BRENT) 51.640 10:15 25.10
AUD/USD 0.76348 10:15 25.10
AUD/JPY 79.828 10:15 25.10
SILVER 17.737 10:15 25.10
NASDAQ F-DEC16 4915.625 10:15 25.10
GOLD/EUR 1165.565 10:15 25.10
OIL-DEC16 (WTI CRUDE) 50.815 10:15 25.10
GOLD 1268.143 10:15 25.10
EUR/JPY 113.761 10:15 25.10
USD/JPY 104.561 10:15 25.10
GBP/USD 1.22298 10:10 25.10
EUR/USD 1.08870 10:10 25.10
Vodafone 226.875 10:00 25.10
Rio Tinto 2743.250 10:00 25.10
LLOYDS Bank 54.006 10:00 25.10
HSBC L 621.100 10:00 25.10
FTSE F-DEC16 6978.750 10:00 25.10
FTSE 250 17827.950 10:00 25.10
FTSE 100 7009.170 10:00 25.10
British American T 4710.750 10:00 25.10
Bp 491.100 10:00 25.10
Barclays 181.705 10:00 25.10
USD/RUB 62.034 10:00 25.10
USD/NOK 8.25747 10:00 25.10
We apologize for the inconvenience, registration from your state is disallowed.
By: Adam Stone
May 23rd, 2016 07:45am GMT, London UK

Market Recap & Outlook:

The week ahead

The US is to release revised figures on first quarter economic growth this coming Friday. This data is expected to show that the economy grew by 0.9 percent in the first three months of 2016, up from the estimated 0.5 percent. In addition the US is to produce data on manufacturing activity, new home sales, durable goods orders, weekly jobless claims, pending home sales and revised consumer sentiment numbers this week.

Market players will be paying close attention to several Fed speeches due this week to further judge the tone among policy makers on the prospect of further rate hikes. Odds of a Fed rate hike for June stood at around 30 percent on Friday, up from just 4 percent a week earlier according to futures markets.

The Euro zone is to publish preliminary data on manufacturing and service sector activity for May, this Monday amid expectations for a slight improvement. The Office for National Statistics is to produce revised data on UK economic growth for the first quarter on Thursday. The report is forecast to reveal the economy grew 0.4 percent in the three months ended March 31, unchanged from preliminary estimates.

The Dollar rose to three week highs against the Yen on Friday May 20 – caused in part by growing expectations of interest rate hikes by the FED – but slid against the Euro as investors took profits in the wake of a recent rally. USD/JPY settled at 110.13, up 0.15 percent for the day, the pair gained 1.35 percent for the week, its third consecutive weekly increase. EUR/USD was up 0.19 percent at 1.1223 in late trade, still close to Thursday’s near eight week lows of 1.1179. The Euro ended the week down 0.84 percent.

In Japan on Friday, Finance Minister Taro Aso reiterated Tokyo’s commitment to refraining from competitive currency devaluation during a meeting of finance chiefs from the Group of Seven (G7) industrialized nations.

The Pound was down amid uncertainty over the coming June referendum on Britain’s European Union membership. GBP/USD fell 0.66 percent to 1.4513 from Thursday’s two week highs of 1.4663.

USD/JPY: A binary Call option coincides with the trend, seen below.
USDJPY Binary Options Insights for May 23rd 2016

EUR/USD: A binary Put option coincides with the trend, seen below.
EURUSD Binary Options Insights for May 23rd 2016

GBP/USD: A binary Put option coincides with the trend, seen below.
GBPUSD Binary Options Insights for May 23rd 2016

Share Button
Adam Stone
Follow me

Adam Stone

As COO of GOptions, my first and foremost goal is to provide traders with the most up to date info from the markets. I have been trading the markets since 2004 and have been involved with stocks, binary options, and forex trading since then. I have had no formal market education and pride myself on a self taught approach to everything related to trading. I try to focus though on both the technical and fundamental aspects related to each trading day and bring forward the most important aspects of risk/reward in the market.
Adam Stone
Follow me

Start Trading with the most professional mobile platform, always on the GO
Play StoreApp Store