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GBP/USD 1.22323 08:50 21.10
EUR/USD 1.08830 08:50 21.10
FTSE F-DEC16 6996.000 08:45 21.10
OIL-DEC16 (BRENT) 51.485 08:45 21.10
AUD/USD 0.76304 08:45 21.10
AUD/JPY 79.246 08:45 21.10
SILVER 17.479 08:45 21.10
NASDAQ F-DEC16 4833.125 08:45 21.10
MAXSMI F-JUN16 8033.830 08:45 21.10
GOLD/EUR 1161.605 08:45 21.10
OIL-DEC16 (WTI CRUDE) 50.655 08:45 21.10
GOLD 1264.178 08:45 21.10
EUR/JPY 113.030 08:45 21.10
USD/JPY 103.859 08:45 21.10
GBP/USD 1.22276 08:40 21.10
EUR/USD 1.08824 08:40 21.10
Vodafone 222.725 08:30 21.10
Rio Tinto 2640.750 08:30 21.10
LLOYDS Bank 55.196 08:30 21.10
HSBC L 624.000 08:30 21.10
FTSE F-DEC16 7000.250 08:30 21.10
FTSE 100 7028.960 08:30 21.10
British American T 4928.500 08:30 21.10
Bp 490.600 08:30 21.10
Barclays 183.275 08:30 21.10
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By: Adam Stone
September 6th, 2016 07:45am GMT, London UK

Market Recap & Outlook:

Gold remains close to one week high during quiet trade on Monday.

Monday September 5th saw the Dollar Trim losses against the other major currencies in Quiet trade, as US markets were closed for the Labor Day holiday.
The Dollar fell against the Yen after the head of the Bank of Japan disappointed investors who had expected a clear signal that monetary policy would be further eased this month. While Bank of Japan Governor Haruhiho Kuroda did signal his readiness to enlarge the already expansive stimulus program, he did not provide the hard details that had been hoped for regarding the BoJ easing policy at its next review in September.

USD/JPY declined 0.42 percent to trade at 103.47, while EUR/USD was practically unchanged at 1.1147.

GBP/USD was steady at 1.3304, after reaching one month highs of 1.3375 earlier in the day.
The Pound gained strength after research group Markit said its UK services purchasing managers index rose to 52.9 last month from a reading of 47.4 in July. Analysts had expected the index to rise to 50.0. This upbeat data added to the current optimism over the strength of the economy and Britain’s ability to overcome any post Brexit issues.

On Friday September 2nd, Gold had rallied to a one week high as disappointing US employment data lessened the likelihood that the Federal Reserve will raise interest rates at its policy meeting later this month.
Gold prices remained near this peak on Monday as trade volumes were light, with most US investors absent for the Labor Day holiday. Gold for December delivery on the Comex division of the New York Mercantile Exchange tacked on $1.15/0.09 percent to trade at $1,329.25 a troy ounce.

Oil prices trimmed gains made early in the day, after an announcement from Saudi Arabian and Russian officials failed to live up to market expectations. The world’s two largest oil producers said they will set up a working group to monitor the oil market and come up with recommendations to promote stability.
Brent crude for November delivery jumped over 5 percent to a daily peak of $49.40 a barrel early in the day, before falling back to trade at $47.18.
Crude oil for October delivery added 77 cents/1.74 percent to trade at $44.92 a barrel, after soaring more than 5 percent to a session high of $46.53 earlier.

USD/JPY: A binary Call option coincides with the trend, seen below.
USDJPY Binary Options Insights for September 6th 2016

EUR/USD: A binary Put option coincides with the trend, seen below.
EURUSD Binary Options Insights for September 6th 2016

GBP/USD: A binary Put option coincides with the trend, seen below.
GBPUSD Binary Options Insights for September 6th 2016

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Adam Stone
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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
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