Overseas Trading: More Volatility in China; Iran Seals Nuclear Deal

Most international benchmarks are trading lower today, following recent Greece-related gains

Jul 14, 2015 at 8:09 AM
facebook twitter linkedin


It was a mostly lower finish in Asia today. In China, another volatile session for the Shanghai Composite eventually resolved to the downside, with the index shedding 1.2% following a three-day rally. Pressuring the benchmark was a sell-off in financial names, despite data showing a pop in new bank loans last month. Elsewhere, Hong Kong's Hang Seng fell 0.4%, while South Korea's Kospi gave back 0.1%. Japan's Nikkei managed to outperform its regional peers, tacking on 1.5% amid a cooling yen. Meanwhile, the Bank of Japan kicked off its two-day policy meeting today, with an update due tomorrow.

European markets are also below breakeven at midday, taking a breather from yesterday's big Greece-related surge. Traders are now taking a cautious stance toward the country's bailout deal, which still has to be approved by eurozone parliaments. Additionally, a late-night nuclear arms agreement between Iran and several international heavyweights has sent energy names lower. At last check, the German DAX is off 0.3%, London's FTSE 100 is down 0.2%, and the French CAC 40 is flirting with a 0.1% loss.

150714overseas

 

Minimize Risk While Maximizing Profits

There is no options strategy like this one, which consistently minimizes risk while maintaining maximum profits. Perfect for traders looking for ways to control risk, reduce losses, and increase the likelihood of success when trading calls and puts. The Schaeffer’s team has over 41 years of options trading success targeting +100% gains on every trade. Rest assured your losses are effectively limited to your initial cost at the time of making your move! Don't waste another second... join us right now before the next trade is released! 

 

300x250 - Banner 3 - v1