April 2, 2014 – Stock Market News

Today’s Hot Asset – BMW

Stocks in Europe have opened today trading mixed to higher. Comments made by the chairwoman of the Federal Reserve in the U.S. Janet Yellen seemed to be supporting equities. However, investor caution ahead of the European Central Bank policy meeting tomorrow is holding back gains.

Stocks in Asia traded sharply higher during the early session today. Investors within the region noticed that the Japanese Yen weakened substantially during the session and this made stocks much more appealing. As a result of this Japans Nikkei 225 stock index rose to its highest level in three weeks.

Stocks in the U.S. traded higher during yesterday’s session. Investors were reacting to the positive regional manufacturing data that was released during the session. This is the second consecutive month of manufacturing growth which is a good sign for the economy. Binary options investors noticed this and took advantage of the many good call options created by this data.

Today’s hot asset is, BMW. The German automaker has had to recall 232,098 vehicles in China due to a potentially defective engine control component. This fundamental data will certainly grab the attention of many investors making this asset one to watch today.

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