Binary Options Five Minute Strategy

A reading below the key level of 50.0 is indicative of pessimism (contraction in manufacturing activity). In case the PMIPurchasing Managers Index. Economic indicators, based on monthly surveys among private sector companies. Conducted by the Institute of Supply Management in the U.S. and by Markit Group in over 30 other countries worldwide. Gives information about the economic health of the manufacturing sector. It is based on five major indicators - 1. new orders, 2. production, 3. employment environment, 4. inventory levels, 5. supplier deliveries. Base level is 50. Values above the neutral level indicate an improvement and below 50 - a worsening in the current state of the manufacturing sector. It is calculated every month and compared to the preceding. improved more than forecast, this would have a moderate bullish effect on the US dollar. The MNI Deutche Brse Group will release the official reading of the Chicago barometer at 13:45 GMT.The monthly survey by Thomson Reuters and the University of Michigan may show that consumer confidence in the United States improved in October. The final reading of the corresponding index, which usually comes out two weeks after the preliminary data, probably came in at 92.5, up from a preliminary value of 92.1. If market expectations were met, this would be the highest level since July 2015, when the gauge of sentiment was reported at a final 93.1. In September the gauge of confidence came in at a final reading of 87.2, up from a preliminary value of 85.7. The survey encompasses about 500 respondents throughout the country. The index is comprised by two major components, a gauge of current conditions and a gauge of expectations. The current conditions index is based on the answers to two standard questions, while the index of expectations is based on three standard questions. All five questions have an equal weight in determining the value of the overall index.According to preliminary data, the sub-index of current economic conditions, which measures US consumers views of their personal finances, went up to a reading of 106.7 in October from a final 101.2 in September. The sub-index of consumer expectations improved to a flash reading of 82.7 in October from a final value of 78.2 in September.The yield on UK 2-year government bonds went as high as 0.665 on October 29th, or the highest level since September 21st (0.665), after which it closed at 0.637 to add 9.2 basis points (0.092 percentage point) compared to October 28th, while marking a second consecutive trading day of increase.The yield on US 2-year government bonds climbed as high as 0.736 on October 29th, or the highest level since September 25th (0.743), after which it closed at 0.724 to add 1.7 basis points (0.017 percentage point) compared to October 28th. It has been the second consecutive trading day of increase.Meanwhile, the yield on UK 10-year government bonds soared as high as 1.932 on October 29th, or the highest level since September 17th (1.973), after which it slid to 1.928 at the close to add 12.7 basis points (0.127 percentage point) compared to October 28th, while marking a second straight trading day of increase.The yield on US 10-year government bonds climbed as high as 2.180 on October 29th, or the highest level since September 25th (2.198), after which it slipped to 2.164 at the close to add 6.3 basis points (0.063 percentage point) compared to October 28th, while marking the second consecutive trading day of increase.Founded in 2013, Binary Tribune aims at providing its readers accurate and actual financial news coverage. Our website is focused on major segments in financial markets stocks, currencies and commodities, and interactive in-depth explanation of key economic events and indicators.BinaryTribune will not be held liable for the loss of money or any damage caused from relying on the information on this site. Trading forex, stocks and commodities on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.On Thursday US dollar was put under pressure, as it became clear US economy expanded 1.5 year-on-year in the third quarter of 2015, or below market expectations of a 1.6 growth and slowing down from a rate of 3.9 in Q2, which cemented the view Federal Reserves decision to maintain borrowing costs unchanged this month was appropriate.At 9:46 GMT today USD/CAD was losing 0.19 for the day to trade at 1.3148. The pair touched a daily low at 1.3136 at 6:45 GMT, overshooting the range support level (S3). The currency pair remains above the weekly central pivot point (1.3087) for a fifth straight trading day.Personal spending in the United States probably rose for a fifth straight month in September, up 0.2, according to market expectations, while personal income was probably up for a sixth consecutive month in September, increasing at a monthly rate of 0.2. Consumer spendingTracks the amount of inflation-adjusted expenditures made by households. Includes money spent for both durable goods (TVs, washing machines etc.) and non-durable goods (food). Gives a short-term insight into consumer confidence and behavior. It is also referred to as consumption and is calculated both on a monthly and annual basis. , which accounts for over two thirds of the nations GDPGross Domestic Product. Generally measures how big an economy is. It represents the market value of all products and services produced by an economy for a certain period - monthly, quarterly and annual. GDP per capita generally represents a countrys standard of living. , rose 0.4 in August.At the same time, personal income increased 0.3 during the same month, while disposable personal income (DPI) rose USD 47.1 billion (or 0.4). Private wages and salaries rose USD 31.5 billion in August, compared with an increase by USD 40.0 billion in the prior month. Government wages and salaries were USD 4.1 billion higher in August, compared with an increase by USD 3.8 billion in July.Meanwhile, the Employment Cost Index (ECI) for the United States probably rose 0.6 during the third quarter of the year compared to Q2, following another 0.2 gain in Q2 compared to Q1.