Spreadex Market Update

Markets take on losses



Markets are taking on further losses this afternoon as US Unemployment data comes in well below par at 199k. Europe also posted an unemployment rate of 10.9% suggesting that there is still quite a way to go for the Global economy.

With Europe stagnating and the US economy struggling to create jobs, speculation is turning towards possible further Quantitative Easing from the Federal Reserve. However the FED needs to be careful as further QE could lead to inflation problems further down the road.

Governments are in a tough spot at the moment, with huge pressure to cut their deficits while at the same time trying to provide stimulus to a flagging global economy.

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