Speaking before the Congress on Tuesday, the president gave an assessment of the economic and political situation in the country. He noted that 94 million Americans withdrew from the labor force, while the total US population is of 320 million people. In the labor force, the entire population aged over 16 years […]
Posts in category News
Binary Options News from ABBOS Blog
Exchange news has a direct impact on the stock market, so traders need to monitor them constantly. As they say, “Who owns the information, owns the world.” Various information affects the market with different force. The action can open the day with a big gap up because of good quarterly earnings reports, as well as it can sag much, because unexpectedly a hurricane flew and demolished half of the company’s production capacity. So, if you do not want to wake up one “fine” morning and see that your position changed from profitable to disastrously unprofitable due to the release of some important information on the market, monitor the stock news.
Why should a trader follow the news?
At the very beginning we have already started to talk about it a little. No matter bad or good information came out, it creates additional volatility in the market, which the active trader can use for profit. Let’s try to define some points of the value of the exchange news:
• They propel the market. In other words, good messages create an increased demand for action, and the bad ones create proposition. It is believed that all the significant short-term fluctuations in the market happen solely on the news.
• They point out the volatility. We cannot make a profit if the price stands still. The more news about the market differ from the expectations of speculators, the stronger the movement and respectively volatility is.
• They limit the risks. Most of the exchange news comes out by the calendar, that is, you know, when you see the latest information, what is going to be discussed and the extent of its impact on the market. Thus, one can prepare, and if necessary, to limit their risks.
In ABBOS Blog you can find such categories of the news:
The US economy added 1.9% in the fourth quarter, despite the increase in consumer spending, as the trade deficit continued to grow. Consumer spending, which are the main driving force behind the US economy, for the quarter increased by 3%, against 2.5% previously announced. However, the beneficial effect from the consumption was […]
The next rate hike may happen sooner than it was expected, February Fed meeting minutes showed. Federal Open Market Committee discussed the potential effects of tax cuts and easing regulators’ standards, as well as increasing costs, promised by the new administration. This session was the first under President Trump. “Members of […]
Trump’s accusations of currency manipulation have an effect on the behavior of the USA’s leading trade partners. Finance Minister of Japan last week made it clear that the weakening of the yen would be limited, while Germany admitted the “problems with quotations” of the euro. Central banks in Taiwan and South Korea […]
The number of Americans who applied for unemployment benefits last week rose to 239 000. Economists surveyed by Bloomberg had expected that this figure would rise to 245 000. Applications are kept below the key level of 300 000 for already 102 consecutive week, the longest period since 1970. Four-week average, smoothing out […]
The dollar rose to a more than 3-week high after comments of Fed Chief Janet Yellen, which raised the chances of a rate hike in March already. The dollar index has registered the fourth consecutive session of growth, as well as a maximum since January 20th, before it sank during the morning session […]
The world economy is in a pretty vulnerable position, especially after the vociferous political upheavals, such as Brexit and Trump’s victory in the US election. Moreover, recalling the elections in France and Germany in the offing, it is quite possible that the pressure on the world economy will only grow. However, a […]