Overseas Trading: China Bucks Asia Slump; Germany OKs Greek Bailout

Germany's parliament gave the green light to a bailout package for Greece

Aug 19, 2015 at 8:22 AM
facebook twitter linkedin


Asian markets settled mostly lower, amid ongoing concerns about the yuan and the Chinese economy, following the prior session's sell-off. A downbeat day on Wall Street provided another catalyst lower. By the close, Japan's Nikkei fell 1.6%, despite better-than-expected export figures, while South Korea's Kospi gave back 0.9% on a sharp decline in producer prices, and Hong Kong's Hang Seng surrendered 1.3%. China's Shanghai Composite was the lone exception, reversing from a 5% intraday loss to finish 1.2% higher, as traders went bargain-hunting.

Stocks in Europe are getting drilled, after Germany's parliament ratified a third Greek bailout package. Meanwhile, traders are setting their sights stateside, in anticipation of the latest Fed minutes, due out this afternoon. At last check, London's FTSE 100 is off 1%, France's CAC 40 has dropped 0.7%, and Germany's DAX is down 1.2%.

150819overseas

 

If you are not making money with options, you aren’t buying options like this…

There is no options strategy that more perfectly approaches trading the fastest moving and most volatile stocks available in the marketplace than this one. In fact, there is no strategy that better utilizes put options for optimal returns and a real trading edge over other traders in the exact same market. New options traders fail out at an incredible rate without proper trade research, execution timing, and option picking. Capitalize on Schaeffer’s 100+ years of options trading excellence with the most coveted product launch in company history. Don't waste another second... join us right now before the next round of trades are released!

SCHAEFFER'S JULY STOCKS REPORT AD
 


 


 
Special Offers from Schaeffer's Trading Partners