The Better Bet

Financial news targeting different economy specifics is released consistently throughout the year. Some news is released annually, quarterly, monthly, or even weekly. Depending on how influential the news is to other factors of the economy determines how closely traders watch it and how impactful...

Statistics Canada releases the Building Permits news, which details the change in the total value of new building permits issued. Along with news that came out Wednesday, June 8, at 8:30 AM ET is the Housing Starts numbers being released just before at 8:15 AM ET. Traders watch these news...

As explained in the previous article, What Are Call Options?, an option is a contract between two people, giving one the right, but not the obligation to buy (call) or sell (put) an asset at an agreed upon price during a specific time. Where call options give the option to buy at a certain price...

An option can be defined as a contract between two people, giving one the right, but not the obligation to buy (call) or sell (put) an asset at an agreed upon price during a specific time. As shown in the words in parentheses, there are two main types of options: calls and puts. Call options...

On Tuesday at 12:30 AM ET the Reserve Bank of Australia is releasing the Cash Rate and Rate Statement. This news is consistently released on the first Tuesday of each month with the exception of January, and interest rates are the major factor in the valuation. The Reserve Bank board uses the...

The Services Purchasing Managers Index report is to be released Friday. This can be a good news event to trade, due to it being a leading indicator for economic health and tends to move the market, specifically GBP/USD. The Straddle strategy is prepared for catching profit in both directions, as...

Purchasing Manager’s Index for the construction industry will be released Thursday at 4:30 a.m. ET. Don’t worry- that doesn’t mean having to wake up in the middle of the night to trade! This news can be traded as early as 11:00 p.m. the evening before. The Construction PMI for...

Finding moving markets in evening trading can sometimes be a challenge. Wednesday at 9:30 PM ET, the Australian Bureau of Statistics will release Retail Sales and the Trade Balance numbers. This can cause some movement in the AUD/USD. Retail Sales tells of the change in total retail sales, an...

A primary gauge for most economies is Gross Domestic Product, the products and services produced by a country’s economy. A measure of the change in the inflation-adjusted value of such items in Australia, known as the Australian GDP, will be released Tuesday at 7:30 PM. The percentage,...

The US Gross Domestic Product is released in three versions, the Advanced, Preliminary and the Final. It is the greatest measure of the economy and an indicator of economic health. The Final report has the most impact on the markets, however the Preliminary report, released Friday Morning, also...

The Bank of Canada releases the Rate Statement and Overnight Interest Rate on Wednesday at 10:00 AM ET.  The Straddle strategy is ideal for capturing profit whichever direction the market moves in reaction to the news when it’s expected the market will make a big move. With this news...

On Tuesday at 10:00 AM ET, U.S. New Home Sales will be released. The sale of new homes triggers activity throughout the economy. New homes need furnishings, window treatments, appliances, and even mortgages. It’s a leading economic indicator and makes for a trade opportunity when the EUR/...

What do computers and appliances have in common? They are Core Durable Goods that have a life expectancy of three or more years. The U.S. Durable Goods report, which includes transportation items, appliances and computers, will be released Thursday, May 26, at 8:30 AM ET. A leading indicator for...

Each month, the WASDE (World Agricultural Supply and Demand Estimates) Report is released. This report generates quite a bit of movement, but the direction is unknown. This is the time to place a strangle on binary options. A strangle strategy is entered when a trader buys an upper binary...

The Australian Employment Change and Unemployment Rate numbers are scheduled for release Wednesday at 9:30 ET PM. This is a trading opportunity for right after work at 6:00 PM ET, entering an Iron Condor using Nadex AUD/USD spreads with 11:00 PM ET expirations. The strategy is setup to capture...