Stocks Soar As Additional Easing Measures Are Expected
August 19, 2014 11:40 amVideo
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August 19, 2014 – Stock Market News
Today’s Hot Asset – BHP Billiton
Stocks in the U.S. traded sharply higher throughout yesterday evenings session. Investors in the U.S. were given a much needed shot of confidence following positive home-builder data. This news relieved much of the weight remaining within the equity markets and as a result the Nasdaq closed at a 14 year high.
Stocks in Asia traded higher during the early trading session today. Investors in Asia noticed that the interest rates in both the U.S. and Europe look set to remain lower and this alleviated much of the sentiment on the market. Stocks traded higher throughout the session as a result and many binary options investors managed to take advantage of the attractive call options that were created.
Stocks in Europe are currently trading higher as investors move towards the second half of today’s trading session. Investors are aware that the European Central Bank could add extra easing measures and it’s this expectation that is currently aiding the rise in stock values.
Today’s hot asset is, BHP Billiton. The Australian mining company released their quarterly earnings result this morning which was positive. As a result of this their share price increased by 1.35% during the Australian trading session today. I expect the movement to continue throughout the next session which is why this is my hot asset of the day.
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