New Car Sales Increase
As you are probably thinking of which Binary Options to place in the coming days or even weeks it is always worth consider market sectors that you may never have placed Binary Options on before, for there are often times of the year when new set of figures are released in different market sectors that will cause the price of shares in several companies to rise or fall more or less instantly.
Over in the UK we have just seen the release of a set of figures relating to new car bought and registered in January of this years and those figures do make interesting reading! In fact new car sales in the UK grew by 6.7% on the same period last year and this is more proof if proof was needed that Great Britain as a whole is shaking off the effects of the economic downturn and getting their finances well and truly back on track.
These figures have been released by the Society of Motor Manufacturers and Traders who have announced that 164,856 new cars were purchased and licensed in January 2015 and it may surprise you to learn that those figures have been growing every month for the last thirty five months.
This does of course mean that if you are thinking of placing some Binary Options trades in the future then it may be worth you placing those trades on Motor Vehicle and Motor Vehicle Parts based companies. In the UK last year around 2.4 million brand new cars were registered and that is the highest number of vehicles purchased in the last ten years, and this year is possibly going to see that record broken based on January’s figures!
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