Binary traders have a busy week ahead as major companies publish their Earnings reports and the important rate decision this Wednesday.
The main day to trade stocks will tomorrow, Tuesday the 27th
of October as Apple, Alibaba and Twitter will publish their reports.
Investors should pay attention to the amount of iPhones sold
in the last quarter as the main number to beat for Apple. The company is
estimated to report revenue of $51billion. Alibaba has dropped strongly in the past few months
following Chinese volatility. Revenue expected to be $3.36billion and EPS of $3.43.
Twitter has been on a strong decline since last earnings as
the company disappointed investors with low user growth. Revenue is expiated to
be $550million.
Gold will be the asset to trade on Wednesday 18:00 PM GMT. The Federal Reserve is expected to keep rates at zero
following the same decision on September 17th. Markets are pricing the possibility of a surprising rate
rise at a 5% chance.
Binary traders will look at Gold as the main asset to trade
and the U.S dollar in general.