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Stocks Bullish As Investors Take Advantage Of Oversold Assets
July 14, 2014 2:45 pmVideo
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July 14, 2014 – Stock Market News
Today’s Hot Asset – Citigroup
Stocks in Asia traded sharply higher during this mornings first trading session of the week. Investors in Asia were in a very optimistic mood this morning, as they looked ahead to numerous fundamental data releases out later in the week. Investors were also helped by the positive performance of equities in the U.S. on Friday.
Stocks in Europe are also currently trading higher during today’s opening session of the week. Investors are still taking advantage of the many oversold assets created during last weeks sell off. Investors are also eyeing the release of regional industrial industrial production data due out later in the session. This should create waves of volatility which is great for binary options investors.
Stocks in the U.S. have opened the first session of the week trading higher. Investors in the U.S. are following the example set by European investors by taking advantage of the many oversold assets available. All this movement was as a result of the news regarding the Portuguese bank last week.
Today’s hot asset is, Citigroup. The financial giant are due to release their quarterly earnings figures today. Investors will pay close attention to the result as it will be a good indicator of how the company is performing. This in turn will create lots of movement on this stock which is why it’s my hot asset of the day.
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