Spreadex Market Update
Asian shares were mixed throughout the night
Asian shares were mixed throughout the night as uncertainty over the conflict in Iraq takes hold of global markets. The Nikkei bucked the trend to recoup its losses which were seen on Monday, however as a whole markets were lower in Asia. The Aussie dollar was weak throughout the night as the Reserve Bank of America released the minutes for their June meeting.
Heading into the European open, the FTSE 100 looks set to open in positive territory – currently up 13 points higher. The economic diary kicks off this morning with UK CPI figure released at 09.30am, set to come in at 1.7% shortly followed by German ZEW Economic Statement at 10:00am.
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