Stocks Gain As Currencies Bounce
The U.S stocks opened higher after the release of the positive regional data that gave confidence to investors to trade in riskier assets. During today’s session most stocks were traded high and investors had plenty of time for more price reversals making the stocks profitable for binary option traders.
The Europeans stocks were also traded higher in today’s session thereby causing many traders move away from trading on the Euro currency due to fears that it will decrease and this made the investors look at alternative investment opportunities such as the European stocks. At present moment, most investors have hedged the European stocks and said that is it the safest haven asset at present.
The Asian stocks traded high during the session as investors reacted to the Wall Street that gained overnight giving the investors much confidence to trade in stocks. The gain of the Wall Street is the main reason why most stocks resulted in a higher trend.
Facebook is today’s hot asset that can be looked into by binary option traders. It has finally concluded its purchase deal of Oculus for $2 billion. Facebook will try to invest in the future technology and compete against the likes of Google. This news will surely create volatility in today’s session and this will be great for the investors.