Weak Economy Data Causes Stocks to Dip Downwards
After the release of the Economy Data, stocks in Europe experienced a downward trend as the data was weak. However, investors are reacting to the weak economic data released in China, France and Germany earlier yesterday and today the data may be positive. The negative economic data has caused the stocks to slump heavily due to the weighing of the market sentiment. The regional data to be released later today can change a lot of things creating good trading opportunities for the binary option Investors.
However, in Asia the stocks continued to drop and the release of the weak Chinese manufacturing data caused the investors within the region to be pessimistic. Although the release of the data made the investors to calm slightly but there are fears regarding the regional and current state of the economy.
During the turbulent trading session, the US stocks fell and as the year progresses, the Fed confirmed that they will continue and try to taper its bond buying program. The news weighed on equities and also aided the U.S. Dollar.
An interesting hot asset for today is Facebook. In recent news, Facebook has purchased the renowned messaging company WhatsApp for $16 billion and this can certainly show some volatility for the traders.
Investors need to keep an eye on this spotlight and the pre-market trading is already indicating a downward share in value of -2.39%.