Spreadex Market Update
Euro futures pointing to a lower open
US stocks finished well off intra-day highs last night after a Financial Times story stated the Fed was likely to signal a reduction in their asset-purchase program in tomorrow’s meeting.
Economists believe Inflationary data from the UK today is scheduled to show that inflation grew 0.2% to 2.6% last month. The squeeze on household budgets is expected to continue, with inflation set to hit a summer peak of around 3%. <
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