Market Overview 25th Sep.

Today, the markets are going without any big movements. Investors are looking ahead for the meeting between German Chancellor Angela Merkel and the president of the European Central Bank Mario Draghi in Berlin today. They should discuss problems around ethe uro debt crisis but there aren’t plans for public announcements after the meeting. ECB’s president will speak at the annual events “Day of the German Industries” which is organized by the Federation of the German Industries at 13:00 GMT. Another bank chairman also will speak today. Tomas Jordan, the chairman of the Swiss National Bank, will speak in Pfaffikon at the second International Congress “Quality, Credibility and Sustainability of the Finance Industry”.

Binary options traders should look at data for Core Retail Sales m/m for Canada that is expected at 12:30 GMT. Economist forecast that economic indicator will climb to 0.3percen from -0.4 percent for the previous period. In case this prediction became fact this would affect positive at the Canadian dollar and Binary USD/CAD could decline. For 14:00 GMT is scheduled for announcement the data for the CB Consumer Confidence for the United States and binary options traders should be careful because big volatility is possible after release.

Archives