Spreadex Market Update
Asian markets yo-yoed between gains and losses last night
UK markets have unemployment numbers to look forward to today. Vince Cable With the markets rallying on the back of recent bullish sentiment on the UK’s fast-paced recovery a worse than forecast outcome could cause a shock to the markets as investors are brought in-line with a more modest growth reality.
President Obama received a much needed reprise yesterday on a congress vote on Syria. The vote which had seemed to be all but lost for the President was delayed as Russia, seizing on John Kerry’s offhand comment, attempts to broker a deal with Syria for the surrender of their chemical weapons. While the practicality of this deal seems somewhat lacking, Syria’s tentative agreement none-the-less bought Obama time to regain composure and attempt to rally support for military action should a diplomatic resolution fail to come to fruition.
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