On the other hand, the Shanghai Composite Index of China advanced 1.6 percent, while the Kospi Index of South Korea added 0.4 percent. Some Asian stocks were disappointing as well, seeing that Japan’s Nikkei 225 Stock Average and Hong Kong’s Heng Seng Index toppled by 0.2 percent and 0.3 percent, in that order.
As far as the stocks of major players are concerned, James Hardie climbed up by 2.8 percent to touch a mark of A$9.44, whereas the Sony Corp. jumped up by 1.4 percent to 827 yen. Panasonic and Samsung also soared by 1.4 percent and 1.8 percent to trade at 420 yen and 1.48, respectively.
The binary options traders, who were interested in trading in commodities, were disappointed when the crude oil binary option trading session finished much lower than it did yesterday. Most traders had expected a significant rise in crude oil today, however there were not many who had enough confidence to invest their money into crude oil. The Wall Street stock market rally and even the positive talks of the finance ministers of the Eurozone did not seem suffice to increase the oil prices and give crude a good boost.
The energies have seen a major setback for quite some time now, mainly due to the growing uncertainty among the binary options traders in terms of the global economic growth. Although, the oil prices were higher today by 12 cents, it was not enough to attract the attention of the traders at large.
Looking at the EUR/USD forex binary options, earlier this week, this pair seemed quite promising and the traders were looking confident about investing funds on it. However, the pessimist outlook of the Eurozone for some days is pushed into the markets as well, which has prompted the binary options traders to sell off the EUR/USD cross to avoid losses.