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GBP/USD 1.21836 08:10 28.10
EUR/USD 1.09214 08:10 28.10
Vodafone 225.705 08:00 28.10
FTSE F-DEC16 6922.250 08:00 28.10
USD/RUB 62.957 08:00 28.10
USD/CHF 0.99341 08:00 28.10
OIL-DEC16 (BRENT) 50.345 08:00 28.10
COPPER-NOV16 2.1635 08:00 28.10
NZD/CHF 0.70787 08:00 28.10
CAD/CHF 0.74190 08:00 28.10
NZD/USD 0.71259 08:00 28.10
EUR/AUD 1.44102 08:00 28.10
CAD/JPY 78.621 08:00 28.10
AUD/USD 0.75755 08:00 28.10
AUD/JPY 79.746 08:00 28.10
GBP/USD 1.21810 08:00 28.10
VTB BANK 0.067945 08:00 28.10
TENCENT HOLDINGS 207.800 08:00 28.10
ROSNEFT' 348.100 08:00 28.10
EUR/GBP 0.89618 08:00 28.10
OIL-DEC16 (WTI CRUDE) 49.525 08:00 28.10
SILVER 17.631 08:00 28.10
GOLD/EUR 1161.135 08:00 28.10
NASDAQ F-DEC16 4797.375 08:00 28.10
GOLD VS OIL 25.1781 08:00 28.10
USD/CAD 1.33898 08:00 28.10
S.BANK INDIA 256.625 08:00 28.10
AXIS BANK 487.575 08:00 28.10
TATA STEEL 400.075 08:00 28.10
TATA MOTORS 533.175 08:00 28.10
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By: Adam Stone
September 7th, 2016 07:45am GMT, London UK

Market Recap & Outlook:

Oil prices lower as Saudi Russian agreement fails to deliver.

Tuesday September 6th saw the Dollar extend losses against the other major currencies, after the release of data showing that US service activity grew at a far slower pace than had been anticipated in August. This new data comes after downbeat US employment data published last Friday quashed expectations for any upcoming rate hike from the Federal Reserve.
GBP/USD advanced 0.95 percent to a new, seven week high of 1.3429, while EUR/USD rose 0.86 percent to trade at 1.1244. The Dollar dropped to a one week low against the Japanese Currency, USD/JPY falling 1.14 percent to trade at 102.26.

Oil prices were sharply lower on Tuesday, removing all of the previous day’s gains as an agreement between Saudi Arabia and Russia to stabilize the market stopped short of delivering imminent action to tackle the current supply glut. Saudi Arabia and Russia agreed on Monday September 5th to cooperate in world oil markets, prompting Brent to jump nearly 5 percent, only to later pare gains later that same day, after the Saudi Energy Minister said there is no need to freeze output at the present time.

On the ICE Futures Exchange in London, Brent oil for November delivery sank $1.07/2.25 percent to trade at $46.56 a barrel on Tuesday.

Gold prices extended gains on Tuesday, reaching a more than one week high amid reduced expectations that the Fed will raise interest rates at its meeting later in the month.
Gold for December delivery on the Comex division of the New York Mercantile Exchange rose to a session high of $1,339.10 a troy ounce. It was last at $1,338.65, up $11.95.
There was no settlement on Monday due to the US Labor Day holiday.

GBP/USD: A binary Put option coincides with the trend, seen below.
GBPUSD Binary Options Insights for September 7th 2016

EUR/USD: A binary Put option coincides with the trend, seen below.
EURUSD Binary Options Insights for September 7th 2016

USD/JPY: A binary Put option coincides with the trend, seen below.
USDJPY Binary Options Insights for September 7th 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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