Binary Options Daily Review July 23, 2010

SPOTLIGHT:

U.S. stocks rally on earnings

U.S. stocks notched their best session in more than two weeks Thursday after a broad group of companies topped earnings estimates and raised their forecasts, and after investors got a breath of optimism from U.S. and European economic data.

U.S. dollar fell on Thursday

The U.S. dollar fell Thursday, losing ground against the euro and other major currencies as U.S. corporate and housing reports supported equities and reduced demand for the perceived safety of the greenback.

Gold made a comeback on Thursday

Gold staged a comeback Thursday, posting gains after bottom fishers came in to snap up the metal at bargain prices and as other commodities rallied on enthusiasm about U.S. corporate earnings.

Oil rallies to 3-week high
Crude climbs nearly 4% to top $79 a barrel as global demand view turns more bullish.