Stocks Dip On Disappointing Data
June 23, 2014 3:05 pmVideo
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June 23, 2014 – Stock Market News
Today’s Hot Asset – BNP Paribas
Stocks in Asia traded mixed throughout today’s early trading session. Stocks started the day slightly lower but as the session progressed they started to recover. This was as a direct result of the positive Chinese manufacturing data that was released later in the session. The Chinese and Hong Kong indexes both fell, however Japans index managed to close the day trading slightly higher.
Stocks in Europe are continuing to trade lower as today’s session nears its close. Negative regional fundamental data that was released periodically throughout today’s session caused the downturn in values. The news is weighing very heavily on market sentiment and this is making it extremely difficult for equities to rally again today.
Stocks in the U.S. have opened the first trading session of the week trading slightly lower. Today’s session should make interesting viewing for binary options investors as they await key regional economic data due to be released later in the session. This should create plenty of volatility which in turn will create lots of attractive trading opportunities.
Today’s hot asset is, BNP Paribas. The French bank is reportedly close to a $8-$9 billion settlement with U.S. authorities regarding violations of sanctions. This news has been greeted with open arms by their investors, as it will help to keep their name out of the press for the wrong reasons. Their share price has risen by 0.18% so far today and the movement looks set to continue.
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