Spreadex Market Update

Global markets lifeless



Global markets were lifeless today as the much expected agreement between officials in the US to avoid a default failed to ignite much optimism in equities.  Furthermore, since most investors were expecting a deal to be reached, albeit earlier then yesterday,  then there really isn’t much of an excuse to be diving back into equities.  In fact, one could even argue that perhaps the opposite may be the case.  Many investors were concerned with how a small number of politicians were able to cause such a delay and thus questioning whether the present political environment is stable enough to be holding a predominantly equity driven portfolio.  

 

Nevertheless, it seems investors have only been given a temporary respite from the debt problems in the US as funding is only secured until January 15th.  Thus, before investors completely brush the debt problems underneath the carpet they should remember that the funding is only guaranteed in the short-term and the next time round the same group of officials could try and push forward their policies a bit further, which could result in an even further delay. 

DISCLAIMER


Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investors lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. For professional clients, spread betting and CFD trading can also result in losses larger than your initial stake or deposit.

Spreadex Ltd is authorised and regulated by the Financial Conduct Authority, provides an execution only service and does not provide advice in any way. Nothing within this update should be deemed to constitute the provision of investment advice, recommendations, any other professional advice in any way, or a record of our trading prices. This update does not constitute or form part of an offer of, or solicitation for a transaction in any financial instrument, nor shall it or the fact of its distribution form the basis of, or be relied on in connection with, any contract therefore. Any persons placing trades based on their interpretation of the comments or information within this update does so entirely at their own risk.

No representation, warranty, or undertaking, express or limited, is given as to the accuracy or completeness of the information or opinions contained within this update by Spreadex Ltd or any of its employees and no liability is accepted by such persons for the accuracy or completeness of any such information or opinions. As such, no reliance may be placed for any purpose on the information and opinions contained within this update.

The information contained within this update is the intellectual property of Spreadex Ltd and is protected by UK and International copyright laws. All rights reserved. Users may however freely download, distribute and reproduce extracts of the contents, subject always to accrediting Spreadex Ltd as the source and providing a hyperlink to www.spreadex.com.