Spreadex Market Update
European markets remain positive
European markets remain positive, on track for a positively close ahead of the bank holiday weekend. Wall Street futures opened slightly negative as investors weighed results from Google and Morgan Stanley. US unemployment claims showed that fewer Americans filed for unemployment claims, with 304,000 claiming beating the 316,000 estimate.
Emerging stocks traded higher for a second day as investors weighed prospects for economic stimulus in China. Diplomatic talks took place in Genève, aimed at defusing the Ukraine crisis which has helped sentiment today. Brent crude traded near a six-week high amid concern that the escalating crisis in Ukraine could hurt supplies.
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