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BitCoin/CNY 6273.870 21:00 24.01
WELLS FARGO 54.700 21:00 24.01
USD/CHF 1.00085 21:00 24.01
TOYOTA (US) 117.620 21:00 24.01
SONY 30.485 21:00 24.01
SILVER 17.118 21:00 24.01
GOLD 1209.957 21:00 24.01
COLGATE-PALMOLIVE 68.265 21:00 24.01
FIAT CHRYSLER 10.89 21:00 24.01
LOCKHEED MARTIN 252.895 21:00 24.01
FERRARI 62.695 21:00 24.01
TSX 60 924.440 21:00 24.01
AUD/NZD 1.04665 21:00 24.01
ALIBABA 101.450 21:00 24.01
BOEING 160.540 21:00 24.01
NZD/USD 0.72463 21:00 24.01
BANK OF AMERICA 22.945 21:00 24.01
PFIZER 31.155 21:00 24.01
CAD/JPY 86.432 21:00 24.01
NZD/JPY 82.435 21:00 24.01
AUD/USD 0.75845 21:00 24.01
AUD/JPY 86.280 21:00 24.01
GBP/JPY 142.263 21:00 24.01
GENERAL ELECTRIC 29.990 21:00 24.01
S&P 500 2280.120 21:00 24.01
JP MORGAN CHASE 84.715 21:00 24.01
GOLD/EUR 1127.335 21:00 24.01
USD/JPY 113.763 21:00 24.01
EUR/JPY 122.101 21:00 24.01
CITIGROUP VS JP MORGAN CHASE 0.67015 21:00 24.01
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By: Adam Stone
September 14th, 2016 07:45am GMT, London UK

Market Recap & Outlook:

Oil prices fall, on predictions of oversupply lasting until mid 2017.

Tuesday saw the Dollar hold onto gains against the other major currencies in subdued trade, as USD recovered from comments by a Fed official made on Monday September 12th, which sparked fresh uncertainty regarding the time frame of future rate hikes. The Dollar initially came under pressure after Fed Governor Lael Brainard, in a speech on Monday, warned against raising interest rates too quickly, saying that while economic progress continues in the US, the Fed would be wise to continue keeping policy loose. The comments came after Boston Fed President Eric Rosengren said on Friday that low interest rates are increasing the chance of overheating the US economy.

EUR/USD rose 0.10 percent to 1.1246, while USD/JPY rose 0.32 percent to 102.18. The US Dollar index was up 0.16 percent at 95.27.

The British Pound weakened after the UK Office for National Statistics said the consumer price index came in at an annualized rate of 0.6 percent last month, compared to expectations for a 0.7 percent rise. Month over month, consumer prices rose 0.3 percent in August compared to estimates for a gain of 0.4 percent.

GBP/USD fell 1.02 percent to 1.3277, the lowest since September 1st.

Oil fell on Tuesday September 12th following a series of predictions on demand growth that pointed to the stockpiled and unused inventories remaining for far longer than predicted. The International Energy Agency (IEA) said that a sharp slowdown in global oil demand along with ballooning inventories and rising supply, means the crude market will be oversupplied until mid 2017 at least. That view marked a change from the agencies forecast last month, when it forecast supply and demand largely in balance throughout this year and expected inventories to fall quickly. Brent crude (LCOc1) was down 47 cents at $47.85 a barrel.

Gold prices crept higher for the first time in five sessions on Tuesday, as investors continued to weigh up prospects for future US interest rate increases after the latest comments from The Federal Reserve Officials. Gold for December delivery added $2.25/0.17 percent, to trade at $1327.85.

EUR/USD: A binary Put option coincides with the trend, seen below.
eurusd Binary Options Insights for September 14th 2016

USD/JPY: A binary Call option coincides with the trend, seen below.
usdjpy Binary Options Insights for September 14th 2016

GBP/USD: A binary Put option coincides with the trend, seen below.
gbpusd Binary Options Insights for September 14th 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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