Stocks Stutter Before NFP & ECB Data
July 3, 2014 8:05 amVideo
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July 3, 2014 – Stock Market News
Today’s Hot Asset – BMW
Stocks in Europe traded higher during yesterday’s trading session. Investor confidence was given a big boost following the release of positive regional data during the session. This made equities a much more appealing proposition and as a result they moved steadily upwards during the session.
Stocks in the U.S. traded mixed to higher during the evening session yesterday. Investors started the session in a positive frame of mind following the release of positive labor market data. However, Janet Yellen who is the Chairwoman of the Federal Reserve spoke later in the session and her comments created a subdued atmosphere amongst investors. This created the mixed movement that investors noticed towards the end of the session.
Stocks in Asia traded mixed throughout the early trading session today. Today is a massive day for investors as there a two major pieces of data due to be released both during the European session and the U.S. session. This naturally created uncertainty amongst investors as the session progressed which in turn created lots of great short term binary options positions.
Today’s hot asset is, BMW. There was a lot of natural movement on this asset yesterday and it does not look like stopping today. Their share price has dropped by 0.14% since the session started and I expect further movement as the session progresses.
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