On Friday, the US data disappoint investors
In February, the industrial production showed zero growth against the forecast of 0.3%. The capacity utilization rate decreased from 75.5% to 75.4%. The Michigan inflation expectations fell from 2.7% to 2.4%.
As we expected, the US public debt begins to attract attention
The speaker of the United States House of Representatives Paul Ryan said that already a number of initiatives on this issue were quietly failed. Steve Mnuchin, the United States Secretary of the Treasury has about 60 billion dollars available for a clean cover of the budget deficit, they will last for a month. But there is no commotion in the market so far. Significant news is not expected today. Tomorrow we will see a block of inflation data from the UK, the forecasts are positive.
How we trade binary?
We would buy Call options from the current level 1.2385.
Target price: 1.2385
Expiry time: 21:00 GMT