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BitCoin/CNY 6291.000 11:00 24.01
USD/MXN 21.421 11:00 24.01
FTSE F-MAR17 7107.750 11:00 24.01
USD/RUB 59.259 11:00 24.01
USD/NOK 8.35711 11:00 24.01
USD/CHF 1.00118 11:00 24.01
OIL-MAR17 (BRENT) 55.480 11:00 24.01
EUR/ILS 4.06935 11:00 24.01
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SBERBANK 168.585 11:00 24.01
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SUGAR (11)-MAR17 20.9750 11:00 24.01
CAD/JPY 85.347 11:00 24.01
AUD/USD 0.75568 11:00 24.01
AUD/JPY 85.721 11:00 24.01
GBP/USD 1.24566 11:00 24.01
EUR/USD 1.07297 11:00 24.01
VTB BANK 0.068940 11:00 24.01
ROSNEFT' 387.325 11:00 24.01
METRO AG 31.955 11:00 24.01
OIL-FEB17(WTI CRUDE) 52.550 11:00 24.01
SILVER 17.108 11:00 24.01
GOLD/EUR 1129.755 11:00 24.01
USD/JPY 113.440 11:00 24.01
EUR/JPY 121.719 11:00 24.01
GOLD VS OIL 21.8500 11:00 24.01
BMW VS DAIMLER 1.22767 11:00 24.01
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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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