Tag Archives: investor news

Investors Mull over Surprising Chinese Trade Deficit

Posted on by
1

Binary Options News : April 10, 2013

Investors Mull over Surprising Chinese Trade Deficit

A report from China shows that the country has a trade deficit for March. Imports have risen 14.1 per cent from the previous year. This blasted expectations of a 6per cent rise. Meanwhile exports which gained 10 per cent from the previous year have underwhelmed analysts who were expecting a 11.7 per cent growth. This is also a decline of 21.8 from the month of February. This leaves the world’s 2nd largest economy with a deficit of $884 million. Now compare that to the month before where there was a trade surplus of $15.3 billion.

Inflation figures from China boosted stock prices with a growth of 2.1 per cent from the previous year. This is a drop from Feb’s increase of 3.2 per cent inflation and lower than analyst expectations of 2.4 per cent. It’s thought that this lower than expected figure could ignite a slackening monetary policy in the country.

Stocks

The Chinese trade deficit didn’t have a chance to impact the Asian stocks which closed mixed yesterday. The Hang Seng was up 0.2 per cent, the Australian ASX 200 finished down 0.15 per cent and the The Nikkei which had touched 5 year highs several days ago closed up 0.7 per cent from the previous day.

US stocks gained yesterday as news for the Q4 earnings began to hit the wire. By the end of the US session the DJIA was up 0.41 per cent, the S&P 500 gained 0.35 per cent and the NASDAQ gained 0.48 per cent.

Currencies

The NZD holds firm against the USD in Wednesday overnight trading near its 17 month high as Chinese import data boosts support for the New Zealand dollar. The pair touched the high of 0.8538 late in the session. The pair’s highest level since Sep 2, 2011. Meanwhile the neighboring Australian dollar gained 0.16 per cent in the session to touch 1.0517 which is the pairs 2 and ½ month half. The EUR held firm at almost a 3 week high against the USD today as investors await the Fed Reserves minutes later today. EUR/USD touched 1.3091 in Asian session. EUR/JPY crept up by 0.03 per cent to 129.56.

Commodities

Crude oil prices lower in Asian overnight trading on back of the US Energy Information Administration EIA forecast. EIA commented that the consumption of global oil will increase by 1 million barrels a day. This is still below their forecast which caused oil prices to drop by 0.23 per cent to trade at $93.98 per barrel. Gold prices slipped slightly in early Asian session as investors profit-lock after Tuesday s session.

Today’s Outlook

US earnings begin to be announced, it’s expected that there will be modest gains.

US central bank in today’s meeting expected to put an end to its QE shortly after discussions around this topic at the past few meetings.

 

* * * * * * * * * *
Disclaimer: The opinions expressed in this article are not necessarily those of OptionsClick, blog.optionsclick.com, OptionsClick.com or any of its staff. The contents of this article are in no way intended to be advice or any other form of counsel for any trader of binary options or any other investor. Please be advised: Investing of any kind always carries a relative risk. As with any market trading, it is always possible to lose your investment. Always be sure to do your own research, seek professional advice, and make your own, well-educated decisions when it comes to financial investments. For more about binary options trading, visit www.OptionsClick.com

GD Star Rating
loading...

US Retail Sales Boost Stocks

Posted on by
1

Binary Options News : October 16, 2012

binary options news caricature of wolfgang schaubleUS Retail Sales Boost Stocks

Global Stocks gained in overnight Asian trading after the US released better than expected retail sales figures providing a boost to global exporters. The US Commerce Department reported that retail sales increased by a seasonally adjusted 1.1% for September, surpassing market expectations for a 0.8% rise. Retail sales for August were revised up to a 1.2% increase from the previously reported 0.9% increase. Core retail sales, which do not include automobile sales, increased by 1.1%, healthily beating market calls for a rise of 0.6%.

The positive data showed some strength in the US economy – the world’s largest – and lifted spirits amongst investors who moved out of the liquid safe haven of the USD to take positions in stocks. Also encouraging investors to move into stocks was expectations that the Reserve Bank of Australia may loosen its monetary policy soon to boost growth.

Investors appeared to shrug off a report by the New York Federal Reserve’s index of manufacturing conditions which showed that manufacturing activity in New York state contracted for the third consecutive month; improving to -6.2 in October from -10.4 in September, but missing analysts’ predictions for a -4.5 reading.

Stocks

Asian stocks gained on the US retail sales figures with the regional benchmark index heading for its biggest gain in two weeks. Hong Kong’s Hang Seng Index was up 0.22%, South Korea’s Kospi Index added 0.91%, and Australia’s S&P/ASX200 was up 0.18%, whilst Japan’s Nikkei 225 Index was up 1.43%.

Currencies

The USD was down against most major currencies as investors moved out of yesterday’s greenback positions. The US Dollar was most notably down 0.20% against the Euro and down 0.31% against the JPY.

Today’s Outlook

In what promises to be another high volume day of trading with plenty of volatility in the markets, the U.S. is to release consumer price inflation and industrial production data as well as treasury long-term purchases and the capacity utilization rate. Worth also keeping an eye on the release of the Reserve Bank of Australia minutes from its most recent policy meeting. The minutes contain important insights from the central bank’s perspective, into current and future economic conditions and are indicators of future monetary policy. European stocks and indices indicate a higher opening when European markets open.

 

* * * * * * * * * *
Disclaimer: The opinions expressed in this article are not necessarily those of OptionsClick, blog.optionsclick.com, OptionsClick.com or any of its staff. The contents of this article are in no way intended to be advice or any other form of counsel for any trader of binary options or any other investor. Please be advised: Investing of any kind always carries a relative risk. As with any market trading, it is always possible to lose your investment. Always be sure to do your own research, seek professional advice, and make your own, well-educated decisions when it comes to financial investments.

GD Star Rating
loading...

Spanish Downgrade Keeps Markets In Check

Posted on by
Reply

Binary Options News : October 11, 2012

binary options news caricature of Christine Lagarde with EuromanSpanish Downgrade Keeps Markets In Check

The downgrading of the Spanish credit rating by Standard and Poor’s helped keep the demand for the USD strong in overnight Asian trading as investors moved out of stocks and other high yielding currencies.

Standard and Poor’s reduced Spanish long term debt from BBB+ to BBB-, making it just one level higher than junk status whilst cutting its short term credit rating to ‘A-3′ from ‘A-2. Standard and Poor’s also posting warnings of possible additional downgrades in the future and warned of the record rising unemployment and spending constraints as being likely to fuel social discontent and add to already growing friction between Spain’s central and its debt laden regional governments.

The S&P downgrade highlights the deepening recession in Spain and the increasing pressure that Spain faces. Spain currently has the highest unemployment levels in the whole of the Eurozone with nearly 50% of all 16-24 years unemployed. Despite recent drastic spending cuts and tax rises implemented by the Spanish Government, where it unveiled its latest budget designed to make savings of around 13bn euros. The Government in Madrid has said that the country’s overall debt levels will increase in 2013 to more than 90% of total economic output. S & P stated that “The deepening economic recession is limiting the Spanish government’s policy options” and with borrowing costs have remaining high for months, many consider it only a matter of time until Spain is forced to request financial assistance in the form of a bailout from its Eurozone partners.

Currencies

The USD found support once again as a safe haven but not in high volumes and was up against just currencies, as investors await the figures released today in the US on initial jobless claims and its trade balance. The USD was up 0.06% against the EUR, up 0.02% against the CHF, but the greenback was down against the JPY, falling 0.22%

Stocks

Asian trading on Thursday saw stocks lower with Hong Kong’s Hang Seng Index down 0.08%, Australia’s S&P/ASX200 down 0.02%, whilst Japan’s Nikkei 225 Index fell by 0.76%.Japanese data released overnight helped push down stocks as Japan’s Economic and Social Research Institute reported that Japan’s core machinery orders contracted 3.3% in August after increasing 4.6% in July.

Today’s Outlook

Judging from the trading made in Asia overnight, traders can expect a strong day’s trading with swings already seen in the currency, commodity and stocks markets. Today is a busy day on the economic calendar which indicates a volatile days trading equating to increased profit opportunities for the binary trader. Today, the ECB is to publish its monthly bulletin, with analyzes current and future economic conditions from the perspective of the ECB. In the US, government data on the country’s trade balance, initial jobless claims, import prices and crude oil stockpiles are all released, set against the backdrop of the talks being held in Tokyo today by the G7 group of industrialized nations’ finance ministers and central bankers.

 

* * * * * * * * * *
Disclaimer: The opinions expressed in this article are not necessarily those of OptionsClick, blog.optionsclick.com, OptionsClick.com or any of its staff. The contents of this article are in no way intended to be advice or any other form of counsel for any trader of binary options or any other investor. Please be advised: Investing of any kind always carries a relative risk. As with any market trading, it is always possible to lose your investment. Always be sure to do your own research, seek professional advice, and make your own, well-educated decisions when it comes to financial investments.

GD Star Rating
loading...

ZIRP Trap Begins!

Posted on by
2

Binary Options News : September 18, 2012

ZIRP Trap Begins!

With the Fed having opened the doors to unlimited quantitative easing this is undoubtedly the beginning of the ZIRP trap. Just as Japan has been in this situation for the last 20 years we shouldn’t kid ourselves the scenario for the US is not so far off as the financial system is now being breed on “cheap” money. This is referred to as a “zombie” financial system and in the Japanese case they built a “zombie” banking system.

The question that maybe asked is the US there right now? maybe it is or maybe it is not there is one thing that sticks in the mind and that is how many times have we heard the Fed Chairman prolong the duration of a low interest rate environment by his last statements we understand that it is pushed out to 2015. Suddenly, 2013 went to 2014 and now 2015 by all accounts that means it will be at least 7 years if the Fed forecasts are right this time! One needs to err on the side of caution at believing the Fed’s ability at forecasting this economic cycle as their track record looks rather shaky.

Frankly the US is also facing a lost decade but the central bank can always say look at the equity markets it has traded at multi-year highs because of the QE that we have done. That only works for those lucky few that have been equity index invested and never have touched their asset allocation throughout this financial crisis. For most active fund managers and traders this is most likely not the case. True wealth creation has gone by the way side and the only thing that has pushed the markets higher is an artificial money pump in the form of QE as real investors in most cases have been driven out of these markets.

As time moves and the longer countries keep these zero interest rates the greater the dependence is just as the “junkie” looks for the next “fix” so too has the US been looking for its next “fix” in the form of “QE”. The question out of this is what will be the life span of this current QE?

 

* * * * * * * * * *
Disclaimer: The opinions expressed in this article are not necessarily those of OptionsClick, blog.optionsclick.com, OptionsClick.com or any of its staff. The contents of this article are in no way intended to be advice or any other form of counsel for any trader of binary options or any other investor. Please be advised: Investing of any kind always carries a relative risk. As with any market trading, it is always possible to lose your investment. Always be sure to do your own research, seek professional advice, and make your own, well-educated decisions when it comes to financial investments.

GD Star Rating
loading...

Apple Share Price recovers After Pre-Announcement Drop

Posted on by
1

Binary Options News : September 17, 2012

Apple Share Price recovers After Pre-Announcement Drop

Apple shares prices dropped slightly after the much anticipated announcement of their new glass and aluminum iPhone 5. While in the build-up to the announcement the stock for the most valuable technology company in the world jumped by 1.6 percent. During the announcement the share price reached a high at $668.29 and then dropped again shortly after to close at $669.79. As a result of the speculation over the course of the last few months investor expectation for the iPhone 5 has already been built into the stock price.

Apple’s stock reached an all-time high last week in the anticipation to the launch of its new smartphone and other products including software and new iPod devices. Apple is one of the most valuable companies in the world with a market value of around $620 billion. Investors were questioning whether the announcement would trigger the stock to pass the $700 level later this year.

The model of the new iPhone 5 matched expectations from investors and technology experts including features such as a larger screen and quicker data speed as well as visible changes to the device which will make it easier for consumers to appreciate. Apple is struggling to offer groundbreaking new products with changes that are dramatic enough to shock an already competitive marketplace. Perhaps the biggest competitor to Apple is Samsung with their Android devices. Samsung earlier this year lost a major legal battle against Apple over the software inside the devices which Samsung claims are very similar to theirs.

CEO of Apple Tim Cook spoke of Apple penetrating a 13th international retail location this year as it will branch out into Sweden. Apple is still at a 52 week share price high after the announcement which gives positive expectation for their earnings report at the end of September.

 

* * * * * * * * * *
Disclaimer: The opinions expressed in this article are not necessarily those of OptionsClick, blog.optionsclick.com, OptionsClick.com or any of its staff. The contents of this article are in no way intended to be advice or any other form of counsel for any trader of binary options or any other investor. Please be advised: Investing of any kind always carries a relative risk. As with any market trading, it is always possible to lose your investment. Always be sure to do your own research, seek professional advice, and make your own, well-educated decisions when it comes to financial investments.

GD Star Rating
loading...