Stocks Dip Downwards Following Weak Economic Data
February 20, 2014 10:55 amVideo
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February 20, 2014 – Stock Market News
Today’s Hot Asset – Facebook
Stocks in Europe are currently trading sharply lower today. Investors are reacting to the negative economic data released in Germany, France and China earlier in the day. This is weighing heavily on market sentiment and causing stocks to slump. There is still some regional data due out later today and that could change things creating lots for good trading opportunities for binary options investors.
Stocks in Asia continued to drop during today’s early session. Investors within the region were not filled with confidence following the release of weak Chinese manufacturing data. This did very little to calm investors’ fears regarding the current state of the regional economy.
Stocks in the U.S. slid yesterday during a turbulent trading session. The Fed confirmed in the meeting minutes that they would try and continue to taper its bond buying program as the year progresses. This news aided the U.S. dollar and weighed on equities.
Today’s hot asset is, Facebook. Most investors will have read the news that Facebook have purchased the mobile messaging company WhatsApp for $16 billion yesterday evening. This has put them in the investor’s spotlight which will create volatility and this is great for traders. The pre-market trading is already showing an decrease in share value by -2.39%.
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