Spreadex Market Update

Global markets tremble



Global markets continued to tremble with pessimism today as weak manufacturing data from China reminded investors that stimulus measures alone may not be enough to return the global economy back on the road to economic recovery.

Clearly, bearish sentiment is being allowed to slowly creep back into the markets as poor data from across the globe is disintegrating the bout of optimism which was injected into the markets last week from the announcement of further QE from the US.

Thus, it is possible that the only actions the markets require for a sustained rally is for Spain to officially request a bailout to bring some closure to the Eurozone debt crisis as well as an announcement of further stimulus measures from China to help support the faltering export giant.

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