Financial News - Binary Option

Iran is planning to send 4,000 troops to aid assad in Syria. This is happening in the aftermath that Russia’s formal response to last week’s US escalation in Syria another country: Iran – coming from fresh from an election in which moderate candidate Hassan Rohani became the new president. The...

Nikkei slides after BOJ minutes are released. Below are the highlights from the BOJ’s May minutes which appear to have spooked the Nikkei some 10 minutes ahead of the open. Higher volatility may accelerate JGB selling China economic recovery is weaker than expected. L-T rate rises due to a weak...

Bonds, stocks, dollar pounded in the first three days of Dow Jones losing streak, since 2012. This was somewhat expected after the Tuesday winning streak was lost 8 days ago on the 21st unlucky week. Now it seemed it was the turn of the BTFD mentality that had prevented a 3-day losing streak in the Dow...

JPM vault gold drops by 28.4%, thus slides to a new record low as withdrawals accelerate. With a massive 6,208 (or 80% of the total in the entire Comex system) Customer Delivery issues outstanding against JPM –for June alone. JPM reported another 28.4% of all of its vaulted gold – the largest...

30Y rates are up by 4bps and 10Y rates are 5bps higher, as a combination of MBS convexity hedging, Taper chatter, and growth hopiness flutter across the bond market. This has backed 10Y and 30Y rates up to their highest since April 2012, as this can be seen on the above graph. Furthermore, mortgage spreads...

Japanese stocks surge by most in the last 27 months. A miss for the trade balance in addition to positive revisions to rear-view mirror data on nominal GDP, a world of carry traders looking for a better exit and a greater PR coverage of Abe’s third arrow have created the perfect short-squeeze storm...

Year after year the inflation in Venezuela is accelerating and now reached 35.2% – up from 20.1% YoY in December. Moreover, Goldman is concerned as the 6.1% MoM (the highest on record) in May means inflation is now escalading and the economy could easily veer from the current stagflation equilibrium...

Japanese stocks are hitting the bear market. Nikkei 225 is now down by over 20% from its highs, thus signifying a bear market. In fact, this is the largest 10-day plunge in 27 months as volume has exploded on the downside. Simultaneously, JPY has broken back below 99 against the USD (and AUDJPY is at...

The US housing bubble goes mainstream. The last time the housing market was this popular investment item Phoenix and Las Vegas, the buyers pushing up prices were mostly small time. Nowadays, they are investing big. The reality is that very large investment firms have spent billions of dollars over the...

It is not a surprise that the turmoil is resulting in thebiggest drop in Turkish stocks in a decade and the biggest jump in Turkish bond yields on record. As the above map shows, the largest protests are taking place in Istanbul and Izmir. These are brought out predominantly young protesters in the tens...