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Announcements that may impact the markets this week
Big news for this week!
Below
are some announcements that may impact the markets this week:
(All
Times are in GMT)
News Event Analysis
The SVME PMI figure out on Feb 02 at 8:30 am in Switzerland measure the business conditions in the manufacturing sector. This is an important indicator of production growth in Switzerland. Anything above 50 is bullish for the CHF and below 50 is seen as negative.
Market News
There
was some interesting data coming out of Japan last night with unemployment
falling to 3.4% (not seen since 1997) and CPI coming in at better or consensus
levels. The general feeling is that the economy still seems to be
struggling with the consumption tax hike, with consumer spending and inflation
coming in under target.
Meanwhile in Athens there has been a capital fight and bank stocks have been
hit hard after the election. Hugely significant meetings are taking place
as the Greek government prepares to renegotiate its debt. The will be
volatility in the Euro until major decisions are made.
Hirose News
Volatile
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Here are some charts to show you the how Binaries can work for you v FX.
1.
In figure 1 you are making a normal FX transaction. You have bought 1 standard
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fact is many traders will keep the position. When the loss becomes too great
you will get a margin call and your position will be closed.
2.
In figure 2 you are making a binary options transaction. You have bought $200
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The Hirose UK Team