Spreadex Market Update
Markets continue rally
This, coupled with earlier data showing European power-house Germany’s preliminary GDP data was higher than expected provided a solid ground for optimism today.
Thus, global markets are brushing aside worrying data coming from Asia over the last week or so and instead using recent positive data from the Eurozone and US to establish a strong hold for positive sentiment.
However, with a string of global data out over the next few days investor’s current sense of optimism could be derailed sooner rather than later.
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