Binary Options Weekly Outlook: September 15 – September 19
September 15, 2014 8:55 am
September 15, 2014 – Weekly News
WEEKLY REPORT 15/09-19/09
EUR/USD
Last week the EUR/USD pair has continued the sideways movement. The pair ranged between 1.2855 and 1.2980 despite the positive U.S. Retail Sales data. Analysts also watched how the market would react on the new sanction from EU against Russia. Fears that Russia will ban airspace and stop export gas to Europe can send the Euro rapidly down. This week, the main event will be the FOMC statement which will be released on Wednesday at 18.00 GMT. In the actual report, we suppose to see some more information about the possible interest rate hike which is now expected to be sometimes in mid of 2015. On Tuesday, we should also pay attention to the German ZEW Economic Sentiment which is expected to come out 5.2 – the lowest since November 2012. Due to the fact that the monetary stimulus might positively influence the economy, the result can exceed the expectations.
GBP/USD
Last week the GBP/USD pair touched new 10-month-low when fell to 1.6050. The pair was driven by very strong dollar and by surveys about Scottish Independence vote. The vote, which will take place on Thursday, will be the biggest event for the Pound with great impact. In case of splitting the United Kingdom to two, we might see the pair deep below 1.6000. Contrarily, once the fears over the Scottish independence finish with No answer, the pair may experience steep increase. Before the vote, we should pay attention to U.K. CPI data release (on Tuesday), U.K. Claimant Count Change and FOMC statement (on Wednesday).
GOLD
The price of gold dropped to recent 1,225/ounce where bounced. The yellow metal fell to 8-month low before the FOMC statement release which is scheduled to come out on Wednesday. It is widely expected that Fed will withdraw another $10billion /month from the quantitative easing program and therefore the price of safe-haven asset has suffered the drop. We should pay attention to the stock market as well which may increase significantly on the IPO of the year – Alibaba will be listed on NYSE on Thursday.
September 15, 2014 – Weekly News
WEEKLY REPORT 15/09-19/09
EUR/USD
Last week the EUR/USD pair has continued the sideways movement. The pair ranged between 1.2855 and 1.2980 despite the positive U.S. Retail Sales data. Analysts also watched how the market would react on the new sanction from EU against Russia. Fears that Russia will ban airspace and stop export gas to Europe can send the Euro rapidly down. This week, the main event will be the FOMC statement which will be released on Wednesday at 18.00 GMT. In the actual report, we suppose to see some more information about the possible interest rate hike which is now expected to be sometimes in mid of 2015. On Tuesday, we should also pay attention to the German ZEW Economic Sentiment which is expected to come out 5.2 – the lowest since November 2012. Due to the fact that the monetary stimulus might positively influence the economy, the result can exceed the expectations.
GBP/USD
Last week the GBP/USD pair touched new 10-month-low when fell to 1.6050. The pair was driven by very strong dollar and by surveys about Scottish Independence vote. The vote, which will take place on Thursday, will be the biggest event for the Pound with great impact. In case of splitting the United Kingdom to two, we might see the pair deep below 1.6000. Contrarily, once the fears over the Scottish independence finish with No answer, the pair may experience steep increase. Before the vote, we should pay attention to U.K. CPI data release (on Tuesday), U.K. Claimant Count Change and FOMC statement (on Wednesday).
GOLD
The price of gold dropped to recent 1,225/ounce where bounced. The yellow metal fell to 8-month low before the FOMC statement release which is scheduled to come out on Wednesday. It is widely expected that Fed will withdraw another $10billion /month from the quantitative easing program and therefore the price of safe-haven asset has suffered the drop. We should pay attention to the stock market as well which may increase significantly on the IPO of the year – Alibaba will be listed on NYSE on Thursday.
Economics events (GMT time):
15/09/2014
All Day
JPY
Bank Holiday
1:30am
AUD
New Motor Vehicle Sales m/m
7:15am
CHF
PPI m/m
12:30pm
USD
Empire State Manufacturing Index
1:15pm
USD
Capacity Utilization Rate
1:15pm
USD
Industrial Production m/m
16/09/2014
12:00am
AUD
RBA Assist Gov Kent Speaks
1:30am
AUD
Monetary Policy Meeting Minutes
5:30am
JPY
BOJ Gov Kuroda Speaks
8:30am
GBP
CPI y/y
9:00am
EUR
German ZEW Economic Sentiment
9:00am
EUR
ZEW Economic Sentiment
12:30pm
CAD
Manufacturing Sales m/m
12:30pm
USD
PPI m/m
12:30pm
USD
Core PPI m/m
1:00pm
USD
TIC Long-Term Purchases
4:45pm
CAD
BOC Gov Poloz Speaks
10:45pm
NZD
Current Account
17/09/2014
8:30am
GBP
Average Earnings Index 3m/y
8:30am
GBP
Claimant Count Change
8:30am
GBP
MPC Asset Purchase Facility Votes
8:30am
GBP
MPC Official Bank Rate Votes
8:30am
GBP
Unemployment Rate
9:00am
EUR
Final CPI y/y
12:30pm
USD
Core CPI m/m
12:30pm
USD
CPI m/m
12:30pm
USD
Current Account
2:30pm
USD
Crude Oil Inventories
6:00pm
USD
FOMC Economic Projections
6:00pm
USD
FOMC Statement
6:00pm
USD
Federal Funds Rate
6:30pm
USD
FOMC Press Conference
10:45pm
NZD
GDP q/q
11:50pm
JPY
Trade Balance
18/09/2014
6:00am
CHF
Trade Balance
6:35am
JPY
BOJ Gov Kuroda Speaks
7:30am
CHF
Libor Rate
7:30am
CHF
SNB Monetary Policy Assessment
8:30am
GBP
Retail Sales m/m
10:00am
GBP
CBI Industrial Order Expectations
12:30pm
CAD
Foreign Securities Purchases
12:30pm
USD
Building Permits
12:30pm
USD
Unemployment Claims
12:30pm
USD
Housing Starts
12:45pm
USD
Fed Chair Yellen Speaks
2:00pm
USD
Philly Fed Manufacturing Index
All Day
GBP
Scottish Independence Vote
19/09/2014
12:30pm
CAD
Core CPI m/m
12:30pm
CAD
Wholesale Sales m/m
12:30pm
CAD
CPI m/m
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