July 28, 2014 – Stock Market News

Today’s Hot Asset – Lloyds Banking Group

Stocks in the U.S. have opened their first trading session of the week trading reasonably steady. The session should be an interesting one for binary options investors as investors look ahead to the upcoming data and corporate earnings figure releases later in the session. This should create plenty of volatility amongst equities which in turn will create plenty of positions.

Stocks in Europe are currently trading higher as traders move into the final quarter of the session. Trading levels have remained low throughout the session today due to the lack of fundamental data being released. Investors are also currently monitoring the on-goings in the Middle East and Ukraine.

Stocks in Asia traded mixed during the opening trading session of the week this morning. Trading was thin in general due to regional national holiday’s closing numerous equity markets.

Today’s hot asset is, Lloyds Banking Group. The UK bank has agreed to pay fines totaling $370 million to both U.S. and British authorities due to its part in the global rigging scandal relating to interest rates. Their share price has dropped by 0.64% and I expect the movement to continue which is why this is my hot asset of the day.

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