Binary Options Daily Review August 19, 2010

Stocks:

U.S. stocks closed higher Wednesday as retailer Target Corp. signaled that it could meet Wall Street’s profit expectations through the end of the year.

Currencies:

The dollar remained even against the euro on Wednesday, but maintained losses against the British pound after minutes of the Bank of England’s latest policy meeting dispelled worries that the central bank may be considering further easing measures.

Commodities:

Gold futures shot up wednesday to a seven-week high. Gold for December delivery added $3.10, or 0.3%, to $1,231.40 an ounce on the Comex division of the New York Mercantile Exchange.

Oil futures ended lower Wednesday, now at a six-week low. Oil futures for September delivery retreated 35 cents, or 0.5%, to $75.42 a barrel, keeping above $75 a barrel after trading as low as $73.75 earlier in the day.

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