Daily News | Stocks in Europe going up

We are in the middle of this week in global binary options trading, with plenty of great opportunities waiting for you around every corner! Join us in our exploration of the wonderful world of the currency market and what you can expect from the largest worldwide currencies. We start the day off with the euro. From Friday to Monday, the currency rose from $1.0615 to $1.0620. These gains were most likely helped along by European stocks rising on Monday, with gains in telecoms and banks offsetting a big fall in Unilever. Their shares fell nearly 9%, after US food company Kraft Heinz Co withdrew from a proposal of a merger with its largest rival. The pan-European STOXX 600 index edged up 0.1%. We will keep a watchful eye on how stocks continue to behave in Europe, but let us now look at the situation in the United States. In the same period, the country’s currency fell from €0.9419 to €0.9414. Oil edged up on Monday, with investors optimistic over the effectiveness of producer cuts. Price gains continue to be kept in check, however, as US output is growing, alongside sizable stockpiles. For more on what we discussed today and other opportunities on the market, remember to follow us daily!

Daily News | Trade safely

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Author: Max Rothstein

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