Fundamental Analysis and Week Ahead

Sep 8, 2011
Binary Options Trading analysis written by David Frank - BinaryOptionStrategy


Economic activity in the US climbed 0.9 percent in October. This is a sixth straight gain, according to the Conference Board. Economists had expected the index to rise 0.6 percent. In Europe, new ECB President Mario Draghi urged Euro zone governments to jump start the region’s rescue funds. This move is resisting pressure on the bank to do more to tackle the debt crisis.


MONDAY: Chicago Fed nat’l activity index, existing home sales, 2-yr note auction, Fed’s Lockhart speaks

TUESDAY: GDP, corporate profits, 5-yr note auction

WEDNESDAY: Weekly mortgage applications, durable goods orders, personal income & outlays, jobless claims, consumer sentiment, oil inventories, 7-yr note auction, FOMC minutes, Super Cmte. must vote on detailed recommendations

THURSDAY: Thanksgiving Day: All US markets closed

FRIDAY: Black Friday, NYSE early close, Fed balance sheet, money supply, USDA food prices outlook