Spreadex Market Update
Cagey open for Euro markets
In contrast, bulls are still being provided with some ammunition in the form of data from Japan which showed that the nation grew by 1% in the first quarter of this year, compared to the last quarter, owing to aggressive policy moves. Arguably Japan is proof that extensive quantitative easing measures do yield results in the long-term.
In addition, investors should still remain on guard today as volumes are relatively thin and thus any sharp moves are likely to be more pronounced than usual.
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