Yellen Helps Boost In Stocks
January 2, 2015 9:20 pmVideo
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October 9, 2013 – Stock Market News
Stock futures in the U.S. are showing signs of stocks opening higher today. This investor optimism has been created by the announcement yesterday that Janet Yellen will become the next chairman of the Federal Reserve. Investors are still cautious regarding the current debt ceiling situation and this movement should create some great trading opportunities within binary options.
Stocks in Europe have been trading mostly lower today, as investors react to the current on goings in the U.S. The proposed appointed of Janet Yellen and the continuing concern regarding their stimulus program have been major factors towards this movement.
Stocks in Asia traded higher today, as investors gained confidence following Barack Obamas backing of Janet Yellen for the next Federal Reserve chairman. Yellen is considered by many as the safer choice as she is more likely to continue with the Federal Reserve’s accommodative monetary policy stance.
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