Spreadex Market Update

Global markets display optimism



Global markets continued their awesome display of optimism today as traders’ sentiment remained firm following positive jobs data from the US which was released last Friday. Furthermore, welcoming comments from the ECB president, Mario Draghi, that more can be done to support the Euro if need be is sitting well with investors. Clearly investors are thrilled that in addition to tangible evidence that the global economy is moving in the right direction, there are still structures in place to support any potential glitches. 


Thus, all seems to be well within the global markets at present. Policy officials have continued to reiterate their support and global economic data is even starting to improve. However, investors should always be wary for short-term volatility. After all, one of the key problems with some markets trading at five-year highs is the potential for some traders to think the markets over-valued and to engage in a sharp sell-off.

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