Friday Aug. 30 saw the end of a volatile week trading due to escalating tensions with a possible US military strike affect trades. In a week with raw materials, always the biggest loser push U.S. stocks. Crude oil fell to the US dollar. On the other hand, US data market expectations exceeded. Consumer sentiment index August data by Thomson Reuters/University of Michigan revised 2.0 percentage points to July rose to 82.0, published. The purchasing managers' index also Chicago won a few points rise to 53.0 from 52.3 in July. Personal spending in the United States rose the 0.1% from July, although analysts expect personal spending to increase 0.3%.
Click to trade binary optionsShares fell on news of the Federal Reserve monthly programme to reduce bond purchase in September starts at its $85 billion. Combined with a possible U.S. attack on Syria, from risky equity investors remained shy positions. U.S. stocks experienced a 0.21% drop of the Dow Jones industrial average, fell while the Nasdaq composite index 0.84%.
The US dollar continues to affect a safe haven with strong U.S. economic data and global geopolitical issues the greenback. USD/CAD was 0.32% to 0.02% while the AUD/USD. USD won 0.17% against the EUR. The UK Parliament's decision not to intervene, Syria turned the GBP Ward, so that US dollar only 0.17% to win.
Early gains were during the week in the commodity markets due to US dollar gains, concerns the US military intervention in Syria and strong economic data came. 1.27% Like gold, while silver also 2.42% accepted. In the futures market, crude oil dipped 1.05% the Syrian crisis.
In other news that Britain's downgrade looked up agency reference some movements of AAA rating to AA1 by Moody the binary options market. It is claimed that the credibility of the credit agencies suffered a defeat. Binary options traders who have expected a substantial gain with UK stocks declining and the pound fall 1% over the US dollar made.
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