Binary Options Weekly October 10-14 2013

New week starting October 14th, brings 8 new market events! Pay special attention to the Euro Zone Industrial Production on Monday, can have an effect on the EUR/USD.

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Let’s review the events. All times are GMT.

  1. Swiss PPI: Published on Monday at 08:15 GMT. The market expects a score of 0.3%. If the outcome is 0.4% or higher, PUT USD/CHF. If the result is 0.1% or lower, CALL option on USD/CHF.
  2. Euro Zone Industrial Production: Monday, 10:00. Exp. 0.8%. 1.0% or higher, CALL EUR/USD. -1.7% or lower, PUT EUR/USD.
  3. German ZEW Economic Sentiment: Tuesday, 10:00. Exp. 49.2. 49.9 or more, CALL EUR/USD. 48.9 or less, PUT EUR/USD.
  4. U.S. Empire State Manufacturing Index: Tuesday, 13:30. Exp. 8.2. 9.3 or more CALL USD/JPY. 5.8 or less, PUT USD/JPY.
  5. New Zealand CPI: Tuesday, 22:45. Exp. 0.8%. 1.1% or higher, CALL NZD/USD. 0.0% or lower, PUT NZD/USD.
  6. Canadian Manufacturing Sales: Wednesday, 09:30. Exp. 0.3%. 1.9% or higher, PUT USD/CAD. 0.1% or lower, CALL USD/CAD.
  7. U.K. Retail Sales: Thursday, 09:30. Exp. 0.5%. 0.8% or higher, CALL GBP/USD. -1.3% or lower, PUT GBP/USD.
  8. U.S. Unemployment Claims: Thursday, 13:30. Exp. 357K. 380K or more, PUT USD/JPY. 350K or less, CALL USD/JPY.

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These expected market reactions and setups are general market commentary. This is by no means any type of investment advice.

Quick explanations:

CALL options – if the price closes at a higher level than the price you purchased at expiry time, you make 75%. If it closes below, you’re left with 10%.
PUT options – if the price closes under the price you purchased at expiry time, you make 75%. If it closes above, you’re left with 10%.

The data for these news events has been analyzed given previous releases and reactions, current market conditions and more. Significant surprises to market consensus, as given by surveys of economists, normally trigger sharp market reactions that proceed for a long period of time. When some events collide with each other, they can offset each other. So, these events aren’t in the list.

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