Spreadex Market Update
Cautious open for Euro markets
However, the cautiousness hanging over the markets is unlikely to be solely down to investors deliberating whether they should continue buying on the highs. Instead, investors will be concerned on whether meetings involving central banks of both Britain and the Eurozone will result in more stimulus measures.
Consequently, since most Asian shares fell overnight when the Bank of Japan announced they were keeping their current stimulus measures on hold, European shares could easily mirror such losses if investors are unconvinced with policy makers next plan of action regarding stimulus measures.
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