Spreadex Market Update
US banks prepare for the worst
Wall Street banks are hedging their exposure to troubled Eurozone countries in an attempt to avoid receiving payments in drachma or peseta if a country ends up leaving the euro. Although this is only a precaution, it is not likely to be something to bolster confidence in Europe.
Regarding figures today is going to be quite a quiet one with no major numbers for investors to be looking out for.
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