August 4, 2014 – Stock Market News

Today’s Hot Asset – HSBC Holdings

Stocks in Asia traded mainly higher throughout the early trading session this morning. The only region within Asia to trade lower was in Japan. Besides that the rest of the region traded higher as investors took advantage of the many oversold assets left from last weeks sell-off. Stocks within the technology performed particularly well.

Stocks in the U.S. look set to open the day trading higher. Investors within the region look set to be buoyed by the news that a rescue deal has been reached for Portugal’s largest lender. This news helps to lift the sentiment from the market and in-turn allows equity values to rise. There are also a host of cooperate earnings figures out today which should create a lot of volatility.

Stocks in Europe are also currently trading higher as their first session of the week draws to a close. Investors in Europe were also mightily relieved following the news about the Portuguese bank. This added some much needed energy to the session which in-turn lead stock prices higher.

Today’s hot asset is, HSBC Holdings. Europe’s largest bank announced their quarterly earnings figure today. The numbers were slightly less that anticipated which initially sparked a sell-off and their share price dove by over 2%. Their value has recovered during the session today and is currently trading 1.06% higher and this movement has created lots of great trading opportunities for binary options investors.

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