+1 (866)-882-6854
+ 44 203-807-1675
17:17:27 GMT
Black & White


OIL-DEC16 (BRENT) 50.825 17:15 25.10
ALIBABA 104.935 17:15 25.10
APPLE 117.615 17:15 25.10
AUD/USD 0.76430 17:15 25.10
AUD/JPY 79.701 17:15 25.10
FACEBOOK 132.555 17:15 25.10
SILVER 17.765 17:15 25.10
NASDAQ F-DEC16 4886.875 17:15 25.10
ALPHABET Inc C (Google) 806.690 17:15 25.10
GOLD/EUR 1169.215 17:15 25.10
OIL-DEC16 (WTI CRUDE) 49.915 17:15 25.10
GOLD 1272.690 17:15 25.10
EUR/JPY 113.507 17:15 25.10
USD/JPY 104.279 17:15 25.10
GBP/USD 1.21885 17:10 25.10
EUR/USD 1.08873 17:10 25.10
WELLS FARGO 45.685 17:00 25.10
USD/CHF 0.99363 17:00 25.10
OIL-DEC16 (BRENT) 50.845 17:00 25.10
TOYOTA (US) 115.565 17:00 25.10
COLGATE-PALMOLIVE 71.410 17:00 25.10
LOCKHEED MARTIN 247.215 17:00 25.10
FERRARI 52.725 17:00 25.10
TSX 60 870.450 17:00 25.10
We apologize for the inconvenience, registration from your state is disallowed.
By: Adam Stone
September 1st, 2016 07:45am GMT, London UK

Market Recap & Outlook:

Expectations rise for a near term US rate hike.

Wednesday saw the US Dollar trading at three week highs against the other major currencies, after several positive US data reports were released, adding to optimism over the strength of the US economy and boosting expectations for a near term rate hike. The National Association of Realtors said pending home sales rose by 1.3 percent last month, beating expectations for an increase of 0.6 percent. In addition, US payroll processing firm ADP said nonfarm private employment rose by 177,000 last month, surpassing expectations for an increase of 175,000. The economy created 194,000 jobs in July, and increase from the previously reported 179,000.

EUR/USD fell 0.10 percent to 1.1131, once again close to Tuesday’s two week low of 1.1128. GBP/USD gained 0.39 percent to trade at 1.3132, while USD/JPY rose 0.37 percent to 103.35.

Oil prices extended losses on Wednesday August 31st, falling to the lowest point in almost three weeks after data released showed that oil supplies in the US rose for the second week in a row. Crude oil for October delivery on the New York Mercantile Exchange shed 87 cents/1.88 percent to trade at $45.48 a barrel. Prices were close to $45.98 prior to the release of the inventory data after falling to a session low of $45.44 a barrel earlier, a level unseen since August 15.

Gold prices slid toward a two month low on Wednesday, after upbeat US employment data added to speculation that the Federal Reserve is preparing to hike interest rates, possibly as soon as next month. Gold for December delivery, dropped $1.60/0.12 percent to trade at $1,314.90 on the Comex division of the New York Mercantile Exchange.

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

GBP/USD: A binary Call option coincides with the trend, seen below.
GBPUSD Binary Options Insights for September 1st 2016

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