Stocks Sharply Higher Following Yellens Comments
June 19, 2014 7:35 amVideo
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June 19, 2014 – Stock Market News
Today’s Hot Asset – Amazon
Stocks in Asia traded sharply higher during the early trading session today. Investors took advantage of the opportunity to trade riskier assets today following the Federal Reserves decision to taper their budget by a further $10 billion yesterday. This immediately made equities more appealing for investors and in-turn the prices started to rise and didn’t really stop.
Stocks in the U.S. opened yesterday trading mixed and closed for the day trading sharply higher. The major change in the mood was created once the Fed decided to taper their budget further combined with Janet Yellen’s comments following the decision. This created plenty of volatility as the session progressed which was great for binary options traders.
Stocks in Europe traded higher throughout the session yesterday. Investors were looking ahead to the meeting throughout the session and this allowed equities to rise. Investors in Europe will have their first chance to react to the data during today’s session.
Today’s hot asset is, Amazon. The internet retailer announced they are due to release a new smart phone with 3D capabilities. It will be very interesting to see how investors react to this news which is why this is my hot asset of the day.
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