Binary Options Daily Review July 6, 2010
U.S. stocks poised for gains at the open
U.S. stock futures were pointing higher Tuesday as traders return from a long holiday weekend, with hawkish comments from the Australian central bank supporting markets as well as a rally in Chinese and European stocks.
U.S. Dollar down, Australian Dollar up
USD weaker as stocks gain after ISM report. Australian dollar up 2% after central bank leaves policy rate unchanged.
Gold continues downward trend
Gold extends losses as euro strengthens. Prices drop below key $1,200 mark for the first time in seven weeks.
Oil gains after 6 days down
Crude-oil futures on Tuesday rose for the first time in six days, as the weakening U.S. dollar and rising global equities boosted sentiment in the energy markets.
