Stocks in Europe traded lower throughout the penultimate session of the week. Investors started the session in a negative frame of mind following the Federal Reserve’s comments from the day before. The mood did not improve as the session progressed following the release of disappointing data from France. Stocks within the financial sector performed particularly bad throughout yesterdays session.
Stocks in the U.S. also dropped during yesterday evenings session. The movement was destined to happen following the news that Portugal’s largest bank missed payments to its bondholders. This created a reluctant atmosphere that surrounded the equity market for the remainder of the U.S. session and kept stock values lower.
Stocks in Asia traded lower during the final trading session of the week this morning. Investors within Asia were also shocked with the news regarding the Portuguese bank and investors could not find the courage to invest in riskier assets. This meant that stock prices were predicted to decline during today’s session which is exactly what happened.
Today’s hot asset is, BNP Paribas. Yesterday was a torrid day for the majority of financial equities within the European markets and BNP Paribas is just one example of this. Their share price fell as much as 2.95% during yesterday’s session and this created many attractive put options for binary options investors. I expect to see more movement on BNP Paribas today which is why the is my hot asset of the day.
July 11, 2014 – Stock Market News
Today’s Hot Asset – BNP Paribas
Stocks in Europe traded lower throughout the penultimate session of the week. Investors started the session in a negative frame of mind following the Federal Reserve’s comments from the day before. The mood did not improve as the session progressed following the release of disappointing data from France. Stocks within the financial sector performed particularly bad throughout yesterdays session.
Stocks in the U.S. also dropped during yesterday evenings session. The movement was destined to happen following the news that Portugal’s largest bank missed payments to its bondholders. This created a reluctant atmosphere that surrounded the equity market for the remainder of the U.S. session and kept stock values lower.
Stocks in Asia traded lower during the final trading session of the week this morning. Investors within Asia were also shocked with the news regarding the Portuguese bank and investors could not find the courage to invest in riskier assets. This meant that stock prices were predicted to decline during today’s session which is exactly what happened.
Today’s hot asset is, BNP Paribas. Yesterday was a torrid day for the majority of financial equities within the European markets and BNP Paribas is just one example of this. Their share price fell as much as 2.95% during yesterday’s session and this created many attractive put options for binary options investors. I expect to see more movement on BNP Paribas today which is why the is my hot asset of the day.
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