Stocks Traded Low Due To Public Holidays

Asian stocks traded mixed in today’s early session and during the Public holidays the stocks were trading thin. There could be some positive trading opportunities as traders wait for news regarding the Chinese manufacturing data to be released later during today’s session. It has also been said that the U.S is deciding to taper for the fourth consecutive meeting and this could bring some great opportunities to investors.

U.S stocks were being traded higher during today’s early session. However, investors in U.S are still reacting to yesterday’s Fed meeting and this is one of the main reasons to have forced the stocks to remain in a positive movement. In addition, investors are also concerned with the release data of the U.S economy that will be released later during the session and this could create so much trading opportunities for binary option traders.

European stocks are currently on an upward trend but have also been traded thin during the early session due to the fact that the majority of the markets were closed for May. UK stocks performed well during today’s session with the regional index up by 0.23%.

A hot asset for investors during today’s session is Exxon Mobil. The company is due to release its earnings figures today’s and there are speculations regarding the oil market. The results will surely create some short terms positions throughout the day giving great opportunities to binary option traders.