These are today’s important economic events, which could influence the direction of binary option markets. Therefore, they have to be taken into consideration by binary option traders, in their binary analysis.
- Beggars can’t be choosers after all: Greece Drops Demand to Ease Bailout Terms.
- It took journalists 4 years to get that under ZIRP all banks have to be hedge funds: US Banks. Taking Risks in Search of Yield.
- Made-In-London Scandals Risk City Reputation As Money Center.
- Merkel Approval Rises to Highest Since 2009 After EU Summit.
- Judge orders JPMorgan to explain withholding emails.
- U.S. hiring seen stuck in low gear in June.
- Germans Urged to Block Merkel on Integration.
- Crony Capitalism Rules: Countrywide used VIP program to sway Congress.
- Barclays’ US Deal Rewrites Libor Process.
- Cyprus Juggles EU and Russian Support.
- Delay Seen (Again) For New Rules on Accounting.
- Lagarde Says IMF to Cut Growth Outlook as Global Economy Weakens.
- Italy Approves €4.5 Billion in Spending Cuts for 2012.
On the European front this is the economic update for the day.
- Sweden PES Unemployment 4.4% – higher than expected.
- France Trade Balance (EUR) -5325M – higher than expected.
- Spain Industrial Output -0.7% m/m. Previous -4.5% m/m.
- Switzerland CPI (EU Harmonized) -0.2% m/m -1.2% y/y. Previous -0.2% m/m -1.1% y/y.
- Sweden Budget Balance -28.1B. Previous 25.3B.
- UK PPI Output Core n.s.a. -0.2% m/m 2.0% y/y – lower than expected. Germany Industrial Production 1.6% m/m 0.0% y/y – higher than expected.
Sources: Bloomberg, Reuters, FT, WSJ