Stocks Bearish Following Situation In Iraq
June 16, 2014 2:40 pmVideo
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June 16, 2014 – Stock Market News
Today’s Hot Asset – Starbucks
Stocks in Europe are continuing to trade lower during the first trading session of the week. Investors had a couple of reasons to be somber today, firstly, regional inflation stayed at a four and a half year low and secondly there was a sense of genuine concern regarding the ongoing violence that is taking place in Iraq at the moment. All this fundamental data weighed heavily on stocks and have caused them to fall steadily throughout today’s session.
Stocks in Asia also trade mostly lower during the morning session today. Investors within Asia ere extremely concerned regarding the escalating violence that is currently occurring in Iraq. This weighed on sentiment throughout the entirety of the session and caused them to trade lower in most regions of Asia.
Stocks in the U.S. have opened for the day trading mixed, which seems to be largely reflecting the mood of investors. Traders are showing immediate caution when studying the stock markets today, as they have one eye on the developments in Iraq. However, there has also been the release of positive consumer sentiment data and this has helped to support equities. This movement looks set to continue during the session which is great news for binary options traders.
Today’s hot asset is, Starbucks. The coffee chain giant looks set to offer their employees the chance to earn a college degree online at Arizona State University. This has been seen as a positive step by investors and their share price has reflected this rising by 0.38% so far today.
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