May 30, 2014 – Stock Market News

Asian stock market finished the week mixed. The Tokyo Electric Power Co. stock fell as much as 14 % due to the fact that government is thinking about revising the law for compensation after Fukushima. The overall stock index Nikkei 225 dropped by -0.34%. The index has been ranging in a flat channel for past week so we would suggest to wait for clear pattern before placing the  binary option trade.

European stock market has been also traded mixed. We can see that German DAX slightly advancing (0.03%,), however the French CAC 40 decreasing (-0.38%).

During the American session we should keep an eye on Ford which recall about 14 million cars. Most of the cars will be check for possible loss of power steering. On a pre-market we can see that the stock declined already -0.6%.

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