Stocks in Asia traded lower during the early session today. Negative data released regarding China’s manufacturing sector has been the main cause of the downwards movement. Also the national holidays in Japan and South Korea has kept trading thin restricting gains.
Stocks in the U.S. finished last week on the slide. Investors hopes were revived about the regional currency following the release of positive unemployment and NFP data during the session on Friday. Tensions growing between Ukraine and Russia has not helped the situation and this aided the downwards pressure.
Stocks in Europe closed last week also trading mixed to lower. Investors were eyeing the NFP report throughout the session which created lots of volatility which was great for binary options investors. However, disappointing data released in Spain restricted gains and actually dragged values lower.
Today’s hot asset is, Pfizer. There has been lots of talk recently regarding Pfizer’s hopes of buying Astrazeneca. This news is not going away and the pharmaceutical giant are going to be releasing their quarterly earnings figure today. This will create some great short term trading positions so keep an eye on this asset.
May 5, 2014 – Stock Market News
Today’s Hot Asset – Pfizer
Stocks in Asia traded lower during the early session today. Negative data released regarding China’s manufacturing sector has been the main cause of the downwards movement. Also the national holidays in Japan and South Korea has kept trading thin restricting gains.
Stocks in the U.S. finished last week on the slide. Investors hopes were revived about the regional currency following the release of positive unemployment and NFP data during the session on Friday. Tensions growing between Ukraine and Russia has not helped the situation and this aided the downwards pressure.
Stocks in Europe closed last week also trading mixed to lower. Investors were eyeing the NFP report throughout the session which created lots of volatility which was great for binary options investors. However, disappointing data released in Spain restricted gains and actually dragged values lower.
Today’s hot asset is, Pfizer. There has been lots of talk recently regarding Pfizer’s hopes of buying Astrazeneca. This news is not going away and the pharmaceutical giant are going to be releasing their quarterly earnings figure today. This will create some great short term trading positions so keep an eye on this asset.
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