Spreadex Market Update

Europe sluggish with investors waiting for China




Investors are concerned about increased regulation and the issue of “bad loans”.

Oil is still applying pressure as Brent futures fell below $28 to reach their lowest level since 2003. Iran is causing investors to panic despite that many were aware that they are ready to increase crude oil exports by over half a million barrels a day.

U.S stocks are closed for Martin Luther King day but everyone will be ready for 2am tomorrow when China releases its GDP and Industrial production figures. These figures are significant as they will impact the market sentiment, removing a considerable chunk of fear or adding to the gloom.







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