Stocks Steady Before ECB Statement
August 7, 2014 8:45 amVideo
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August 7, 2014 – Stock Market News
Today’s Hot Asset – Rio Tinto
Stocks in Asia continued to fall during this mornings trading session. Investors in the region were deterred by the current on-goings in Ukraine. This created a cautious environment and the fact that stocks within the casino sector also performed badly pretty much guaranteed stock values were going to decline within the session as they did.
Stocks in the U.S. ended the day yesterday trading steady. Investors in the U.S. were slightly disheartened as they continued to view the developments between Ukraine and Russia. This news held many equities back from making any substantial gains and as a result stock values remained relatively steady throughout the session.
Stocks in Europe have opened today’s trading session trading slightly lower. This movement was very predictable, as there is a lot of caution surrounding the markets at the moment. Investors in Europe are awaiting the upcoming policy statement from the European Central Bank and once they receive that news we should see the caution subside.
Today’s hot asset is, Rio Tinto. The mining company released their companies quarterly earnings figure today which was positive. As a result their share price has increased by 1.87% since the start of the session. I expect the movement to continue throughout today’s session which should create plenty of great trading opportunities fro binary options investors.
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