Spreadex Market Update
Signs of global recovery as Asia-Pacific equity index jumps 9.5% this year.
Attention now turns to jobless claims and payrolls figures due later in the week, with four of five investors surveyed last month saying they expect Federal Reserve policy makers to put off cuts to their $85 billion-a-month in bond purchases until March 2014 or later.
Gold producers dropped after the bullion fell yesterday to the lowest close since June 27th and headed for its first annual decline in 13 years. With Australia and China’s top bullion producers shedding 6.7 percent and 2.2 percent respectively, we can expect to see miners weigh down the FTSE 100.
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