+1 (866)-882-6854
+ 44 203-807-1675
23:37:52 GMT
Black & White


BITCOIN 634.769 23:30 21.10
AUD/USD FUTURE 0.760682 23:30 21.10
EUR/JPY FUTURE 113.0312 23:30 21.10
USD/JPY FUTURE 103.8415 23:30 21.10
EUR/USD FUTURE 1.088411 23:30 21.10
BITCOIN 634.450 23:00 21.10
AUD/USD FUTURE 0.760708 23:00 21.10
EUR/JPY FUTURE 113.0305 23:00 21.10
USD/JPY FUTURE 103.8418 23:00 21.10
EUR/USD FUTURE 1.088420 23:00 21.10
BITCOIN 634.339 22:30 21.10
AUD/USD FUTURE 0.760717 22:30 21.10
EUR/JPY FUTURE 113.0318 22:30 21.10
We apologize for the inconvenience, registration from your state is disallowed.
By: Adam Stone
July 21st, 2016 07:45am GMT, London UK

Market Recap & Outlook:

IMF say Brexit impact on US economy to be minimal.

US stocks were higher after the close on Wednesday as gains in the Healthcare, Industrials and Technology sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average added 0.19 percent to hit a new all time high, while the S&P 500 index climbed 0.43 percent and the NASDAQ Composite index climbed 1.06 percent.

On Wednesday July 20th morning the US Energy Information Administration (EIA) said in its Weekly Petroleum Status Report that commercial crude inventories declined by 2.342 million barrels for the week ending on July 15. While inventories remain at historically high levels for this time of year, US crude inventories have now declined in nine consecutive weeks.

On the Intercontinental Exchange (ICE), Brent crude for September delivery wavered between $45.91 and $47.49 a barrel, before settling at $47.15, up 0.49/1.05 percent on the day. Both US and international benchmarks of crude are down approximately 4 percent over the last month, erasing all of their post Brexit gains.

On Wednesday, the Dollar continued to hover near four month highs against the other major currencies. Investors remained cautious following the International Monetary Fund revising downward on Tuesday July 19th its projection for global economic growth in 2016 to 3.1 percent from the prior 3.2 percent while expecting a rebound to 3.4 percent next year.

The IMF cut the US growth forecast to 2.2 percent from 2.4 percent, but said the Brexit impact on the US economy would be muted and explained that the reduction was due to weaker than expected first quarter gross domestic product. In addition, the IMF cut its UK growth forecast to 1.7 percent from the prior 1.9 percent for this year and revised 2017 growth to 1.3 percent from April’s estimate of 2.2 percent due to the Brexit.

GBP/USD rose 0.53 percent to 1.3182, while EUR/USD was down 0.08 percent to 1.1012. USD/JPY rose 0.66 percent to 106.83.

GBP/USD: A binary Call option coincides with the trend, seen below.
GBPUSD Binary Options Insights for July 21st 2016

EUR/USD: A binary Put option coincides with the trend, seen below.
EURUSD Binary Options Insights for July 21st 2016

USD/JPY: A binary Call option coincides with the trend, seen below.
USDJPY Binary Options Insights for July 21st 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