+1 (866)-882-6854
+ 44 203-807-1675
20:56:25 GMT
Black & White


GBP/USD 1.25030 20:50 23.01
ALIBABA 98.255 20:45 23.01
GBP/USD 1.25057 20:40 23.01
BitCoin/CNY 6351.435 20:30 23.01
WELLS FARGO 54.405 20:30 23.01
TOYOTA (US) 118.250 20:30 23.01
COLGATE-PALMOLIVE 67.585 20:30 23.01
FERRARI 61.165 20:30 23.01
TSX 60 916.940 20:30 23.01
ALIBABA 98.210 20:30 23.01
BOEING 157.820 20:30 23.01
AUD/USD 0.75746 20:30 23.01
AUD/JPY 85.603 20:30 23.01
GBP/USD 1.25058 20:30 23.01
GENERAL ELECTRIC 29.645 20:30 23.01
S&P 500 2264.620 20:30 23.01
JP MORGAN CHASE 83.745 20:30 23.01
SILVER 17.171 20:30 23.01
AIG 65.535 20:30 23.01
USD/CAD 1.32506 20:30 23.01
GOLD 1215.815 20:30 23.01
DOW 19792.84 20:30 23.01
AUD/CAD 1.00366 20:30 23.01
DOLLAR INDEX-MAR17 100.135 20:30 23.01
3M 178.245 20:30 23.01
GOLD VS SILVER 70.8022 20:30 23.01
CITIGROUP 55.895 20:30 23.01
CITIGROUP VS AIG 0.85303 20:30 23.01
McDONALD'S 121.320 20:30 23.01
LAS VEGAS SANDS 55.485 20:30 23.01
We apologize for the inconvenience, registration from your state is disallowed.
By: Adam Stone
August 1st, 2016 07:45am GMT, London UK

Market Recap & Outlook:

Friday and the week ahead.

Investors this week, will continue to focus on US economic reports to ascertain the strength of the US economy with an eye towards upcoming rate hikes, not the least of which being Friday’s nonfarm payrolls data. In addition, Thursday will see a rate announcement from the Bank of England amid growing expectation the central bank will step up monetary stimulus to counteract the negative effects of the Brexit vote.

On Friday July 29th, the US Dollar fell to four week lows against the other major currencies, the release of weak US second quarter growth data removed much of the optimism regarding the strength of the economy following the Federal Reserve’s positive outlook earlier in the week.

USD/JPY fell by over 3 percent on Friday after the Bank of Japan disenchanted foreign exchange markets by instituting only minor easing measures during its Friday meeting. The move disappointed expectations for a stimulus package of nearly 28 Trillion Yen as promised by the Japanese Prime minister earlier in the week to help boost the economy. The currency pair fell as much as 3.10 percent to 101.97, before climbing slightly to end at 102.03. The Dollar is down approximately 15 percent, year to date.

EUR/USD rose 0.84 percent to a four week high of 1.1171, while GBP/USD gained 0.62 percent to 1.3250.

Oil futures ended slightly higher on Friday, on the New York Mercantile Exchange, Crude oil for September delivery fell to a daily low of $40.57 a barrel, a level last seen in April , before rising back to end at $41.60, up 46 cents/1.12 percent.

The American Petroleum Institute is due to publish its weekly report on US oil supplies this Tuesday, while the US Energy Information Administration is to release its report on oil and gasoline stockpiles this Wednesday. Baker Hughes will release data on the US oil rig count on Friday.

Gold prices rallied on Friday, ending the session near a three week high after the release of weak US economic data. Gold for December delivery was at $1,357.50 by close of trade, up $16.30/1.22 percent.

While Silver futures for September added on 15.5 cents to settle at $20.34 a troy ounce. On the week, silver futures advanced 46.5 cents, bringing its gains for July to 9.7 percent.

USD/JPY: A binary Put option coincides with the trend, seen below.
USDJPY Binary Options Insights for August 1st 2016

EUR/USD: A binary Put option coincides with the trend, seen below.
EURUSD Binary Options Insights for August 1st 2016

GBP/USD: A binary Put option coincides with the trend, seen below.
GBPUSD Binary Options Insights for August 1st 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