Stocks Soar As Data Dampens Currencies
March 26, 2014 2:25 pmVideo
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March 26, 2014 – Stock Market News
Today’s Hot Asset – Facebook
Stocks in the U.S. have opened trading higher today. Investors witnessed the release of positive regional data just before today’s session began and this gave them the confidence they needed to invest in riskier assets. There is still plenty of time left in the session for more price reversals which is great for binary options investors.
Stocks in Europe are currently trading higher today. Many investors are currently of the belief that the Euro currency will decrease and this is stopping them investing in it. Alternatively stocks are becoming much more appealing, as investors hedge that they are the safer haven asset class at the moment.
Stocks in Asia traded mainly higher during the early trading session today. Investors reacted to the gain on Wall Street overnight and this gave them the confidence to invest in stocks. This was the main reasoning behind the surge in stock values.
Today’s hot asset is, Facebook. The tech giants have announced that they have completed the purchase of Oculus for $2 billion. Facebook are going trying to invest in the future of technology so they can compete with the likes of Google who already have their Google Glass product out. This news will greet investors who will be trading in the U.S. session today which will create lots of volatility.
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