Italy Binary Options Resources
With every single country in Western Europe having their own ratings, and with inflation and unemployment rates also being quite different in each country, as a Binary Options trader you should be on the lookout for as much information as you can find regarding any company in any country you are thinking of placing Binary Options trades on, and this is where the following guide will come in very handy if you are seeking information on Italy so read on to discover more.
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National Bank
The Bank of Italy website is where you will find a wealth of information in regards to the regulation of all banking institutions that are licensed to operate in Italy. Recent ratings given for Government Bonds in Italy are as follows: Standard & Poor’s: BBB, Moody’s rating: Baa2 and the Moody’s outlook is listed as being: STA.
Italy is a signed up full member of the Euro system and they are part of the European Central Bank. As such they use the Euro currency.
Italy International Financial Reserves
Based on the latest set of figures released Italy has International Reserves of US$ 153.582 billion.
Real GDP Growth in Italy
Based on the last batch of finalised reports in the last 12 years Italy had 5 years of negative real GDP and below you will find the information regarding just which years were negative and positive.
The figures for real GDP growth since 2003 to 2014 are as follows: 2003 0%, 2004 1.5%, 2005 0.9%, 2006 2.2%, 2007 1.7%, 2008 -1.2%, 2009 -5.5%, 2010 1.7%, 2011 0.5%, 2012 -2.4%, 2013 -1.9%, 2014 -0.2%,
Italy GDP as a Percentage of Composition by each Market Sector
The following three market sectors and their respective figures are the percentage of composition on each of those market sectors of GDP of Italy.
The Agriculture market sector makes up 2% of GDP in Italy, whilst the Industry market sector makes up 25.5% of the total GDP in Italy and the Services market sector is responsible for 73.5% of total GDP in Italy.
Inflation and Unemployment in Italy
The rate of inflation in Italy over the last five years has been reported as being as follows: 2011 2.9%, 2012 3.3%, 2013 1.3% and in 2014 0.1% and to date in 2015 the rate of inflation was 0.5%. Unemployment in Italy again over the same five year period has been reported as being 2011 8.4%, 2012 10.7%, 2013 12.2%, 2014 12.6%, and in 2015 12.0%.
Where to Place Binary Options Trades on Companies Based in Italy
Italy is a rock solid member of Europe and we know that if you have taken a careful mental note of all of the above facts and figures surrounding just how well Italy has been doing over recent years then you may be looking for a Broker that will off you lots of trading opportunities, and if so have a look at our review of GOptions for they offer a bonus which is worth up to $200 for new traders and profits on trades placed there can be as high as 90%.
