On the Forex market we should keep an eye on the Australian Dollar which depreciated against all the major peers. The Australian dollar fell about 0.8% against most of the peers as the Westpac Consumer Sentiment came out -4.6% instead of 3.8% increase. The AUD/USD pair fell almost to 0.9100 – the 6 month low. Another great opportunity for binary options traders we can see on Japanese Yen which depreciated against USD and reached new 6 year-high.
On the stock market we were watching Apple stocks where we expected a lot of volatility as the new iPhone 6 and iWatch were introduce to the market. The shares peaked from $98 to almost $103, however as the conference ended, the price started to decrease and finished below $98. There have been a great expectation on this release and it seems that market is disappointed as the new watch will work just with iPhones and will be available probably next year.
Today’s main events:
13:45 GMT GBP Inflation Reports Hearings – During these hearings the BOE Governor and several MPC members testify on inflation and the economic outlook before Parliament’s Treasury Committee. The hearings are a few hours in length and can create market volatility for the duration. Especially noted are the direct comments made about the currency markets.
21.00 GMT: NZD – RBNZ Rate Statement – The Reserve Bank of New Zealand’s rate statement is the primary tool the panel uses to communicate with investors about monetary policy.
21.05 GMT: NZD – RBNZ Press Conference – The press conference is about 30 minutes long and has 2 parts – first a prepared statement is read, then the conference is open to press questions.
September 10, 2014 – Daily Market News
On the Forex market we should keep an eye on the Australian Dollar which depreciated against all the major peers. The Australian dollar fell about 0.8% against most of the peers as the Westpac Consumer Sentiment came out -4.6% instead of 3.8% increase. The AUD/USD pair fell almost to 0.9100 – the 6 month low. Another great opportunity for binary options traders we can see on Japanese Yen which depreciated against USD and reached new 6 year-high.
On the stock market we were watching Apple stocks where we expected a lot of volatility as the new iPhone 6 and iWatch were introduce to the market. The shares peaked from $98 to almost $103, however as the conference ended, the price started to decrease and finished below $98. There have been a great expectation on this release and it seems that market is disappointed as the new watch will work just with iPhones and will be available probably next year.
Today’s main events:
13:45 GMT GBP Inflation Reports Hearings – During these hearings the BOE Governor and several MPC members testify on inflation and the economic outlook before Parliament’s Treasury Committee. The hearings are a few hours in length and can create market volatility for the duration. Especially noted are the direct comments made about the currency markets.
21.00 GMT: NZD – RBNZ Rate Statement – The Reserve Bank of New Zealand’s rate statement is the primary tool the panel uses to communicate with investors about monetary policy.
21.05 GMT: NZD – RBNZ Press Conference – The press conference is about 30 minutes long and has 2 parts – first a prepared statement is read, then the conference is open to press questions.
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