July 16, 2014 – Stock Market News

Today’s Hot Asset – Ebay

Stocks in Asia continued to trade higher for a second consecutive session this morning. Investors within Asia were given a massive boost of confidence after seeing that their economy has grown faster than expected during the second quarter. This news immediately made equities a much more appealing prospect for investors which in turn helped to spur prices to move in the right direction.

Stocks in the U.S. closed yesterday’s session trading mixed. The U.S. session provided many great trading opportunities for binary options investors yesterday due to the many price reversals created as the session progressed. The session started in a positive fashion following the release of positive bank earnings. However, the upwards long wasn’t destined to last and when Janet Yellen spoke later in the session stocks began to subside creating the mixed movement.

Stocks in Europe also traded mixed during yesterday’s session. Investors in Europe were showing their nerves during yesterday’s session as they awaited the key data to be released in the U.S. later in the session. This should make today’s session particularly interesting, as investors get their first chance to react to Janet Yellen’s testimony.

Today’s hot asset is, Ebay. The online auction giant are due to release their quarterly earnings figure today. This figure allows investors to get a good gauge of how the company is performing year to date. As a result I expect there to be a lot of movement in Ebay today which is why it’s my hot asset of the day.

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