Stocks Are Very Volatile Ahead Of Fed Statement
March 19, 2014 12:30 pmVideo
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March 19, 2014 – Stock Market News
Today’s Hot Asset – BMW
Stocks in the U.S. look set to open the day trading higher. Investors within the region are eyeing the speech due to be delivered later by the head of the Federal Reserve, Janet Yellen. This will be her first policy statement at the top and many are expecting her to taper the bond buying program by another $10 billion today. As the speech progresses there will be lots of great trading opportunities for binary options investors.
Stocks in Asia traded slightly higher during the early trading session today. Investors within Asia were very cautious, as they looked towards the Fed statement later today. This caution created a lot of volatility as the session progressed.
Stocks in Europe are currently trading mixed. Stocks in Europe had been trading mainly higher throughout the day so far. However, the data due to be released by the U.S. later combined with the current situation between Ukraine and Russia is weighing on market sentiment and halting the progress of private equities.
Today’s hot asset is, BMW. The German automaker has seen their share price rise by 7.61% so far today. The car manufacturer has said that their pre tax profits this year will be higher than last year. This has immediately sparked investor interest, so keep an eye on this asset for the remainder of the day and week for further corrections.
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