Manchester United’s Value Rises Following Forbes Rating
July 18, 2014 12:30 pmVideo
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July 18, 2014 – Stock Market News
Today’s Hot Asset – Manchester United
Stocks in Europe traded lower during an interesting session yesterday. Investors in Europe were cautious throughout the session yesterday, as they continued to see the tensions in Ukraine rise. This weighed heavily on equities during the session yesterday and created the downwards movement.
Stocks in Asia dropped substantially during the early trading session this morning. Investors were scared away from stocks following the news that a Malaysia Airlines plane had been shot down over Ukraine. This immediately lead investors towards investing in the Yen and this left the stock market dormant.
Stocks in the U.S. tumbled during yesterday’s session. Investor’s in the U.S. had two major fundamental events to deal with during their session yesterday. Firstly, investors were greeted with the news that a Malaysian Airlines flight had been shot down over Ukraine and this was shortly followed by the news that Israel has started its ground operation in Gaza. This fundamental data made safer haven assets much more appealing throughout yesterday’s session and this lead to stock values slipping lower.
Today’s hot asset is, Manchester United. Manchester United are regarded as one of the biggest sports franchises in the world and Forbes latest survey seems to back that information up with the football club being listed as the third most valuable sports brand in the world. This news immediately sparked an investors frenzy which is great news for binary options investors. Their share price increased by 1.48% yesterday and I expect the movement to continue throughout today’s session.
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