Daily News | Small-cap stocks rising?

Welcome dear readers, to a spectacular new week of global binary options trading. The impact of protectionist movements in various countries across Europe and North America is certainly a major factor in the developments concerning currency values. That is why it is interesting to look at the way the Asian markets are reacting to this, especially in China. From Thursday to Friday, the Chinese yuan dropped from $0.14495 to $0.14479. In fact, Vice Premier Zhang Gaoli said this weekend that the country was firmly against trade protectionism and that it supports free trade. He went on to state that the process of globalization should be made more inclusive by putting emphasis on equality. This time on the global markets is a process of deep adjustment, inextricably linked to the United States. In the same period, the USD fell from €0.9314 to €0.9311. It seems that small-cap stocks were positively influenced by the Fed’s decision to raise interest rates last week. Many economists, however, warn that it would take more than that to outperform big cap stocks. In fact, it seem that investors consider small-cap stocks more expensive than their larger brethren. We will continue to monitor this in the future, so be sure to check us out tomorrow as well!

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Author: Max Rothstein

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