What Britain’s Double Dip Recession Means for Binary Traders
May 18Binary traders who have positions in the Euro or GBP need to play their hands with extreme caution. Britain has now officially joined the ranks of the Eurozone countries facing a second recession. Coming right on the heels of the disastrous economic downturn in 2008, this second recession is bound to be a tough pill to swallow even if it is ‘mild’ as economists predict. The Fate of...
Binary Options Daily Analysis – Western Equities Slump, Precious Metals Rally
May 18Equities Following Wednesday’s sharp drop in Asian stocks, the region rebounded modestly on Thursday. The Nikkei gained .45 to 8876, and the Kospi ticked up .3% to 184, ending a 6-day losing streak. In China, the Shanghai Composite rallied 1.4%, after the government announced a new appliance subsidy, which could boost domestic consumption. Lagging behind, the Hang Seng slipped .3% to 19201,...
Recent Comments