Barclays Bullish As They Aim To Cut Jobs
May 9, 2014 7:40 amVideo
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May 9, 2014 – Stock Market News
Today’s Hot Asset – Barclays
Stocks in Asia closed the final trading session of the week trading mixed to lower. Stocks in Japan performed best in the region throughout today’s session. However, this was not enough to pull the whole region out into positive figures and the week has ended as dimly as it began for equities.
Stocks in the U.S. closed yesterday trading mixed after starting the day moving into the positive. Investors caution grew as the session progressed which created the mixed movement. This was caused by numerous pieces of regional data that were released as the session progressed yesterday. The constant volatility was great for binary options investors as it created plenty of price reversals.
Stocks in Europe managed to hold their gains until the close of the session yesterday. Investors were eyeing the European Central Banks and the Bank of England’s policy statements which did create uncertainty. However, the thought of tensions easing between Ukraine and Russia lifted some of the market sentiment and allowed stocks to rise.
Today’s hot asset is, Barclays. Yesterday the U.K. bank announced plans to cut up to 20,000 jobs by 2016. This created an immediate reaction amongst investors and their share price closed for the day around 7% higher. This reaction should continue throughout today’s session, so keep an eye on this asset for further positions.
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