Spreadex Market Update
Asian markets remain positive
European markets are indicating slightly higher open tracking positive gains in Asia overnight.
Commodities also remained higher following the Chinese export data whilst oil rose for the first time in three days.
The European Central Bank and the Bank of England are expected to keep interest rates unchanged after the euro zone economy shows some signs of stabilising.
Investors will focus on all important US unemployment claims and the ECB Press Conference later today.
Meanwhile, a trading statement from Marks & Spencer reported a bigger-than-expected drop in non-food sales in the Christmas quarter after cutting back on discounts whilst food sales performed well over the Christmas trading period.
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