Spreadex Market Update
20.06.12 Wednesday Afternoon
However, before traders completely recline in the euphoria of the potential for further economic stimulus within the US as well as the perceived happy ending to the Eurozone debt crisis with the newly installed Greek government, there are still economic problems on the global horizon. Traders have been deluded, often by themselves, in the past over hopes that a further round of economic stimulus within the US was ever actually on the menu during recent US policy decisions. Furthermore, with Spanish 10-year bonds still hovering dangerously close to the 7% level, spread betting traders would do well to remind themselves that headline trading will not be enough to stabilise global markets in the long-term.
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