Spreadex Market Update

Global markets continue downwards trend



Global markets continued their downward bias today still unsettled by data released on Wednesday which showed a wider-than-expected Japanese trade deficit, courtesy of weak demand from Europe, which rocked the markets and reminded investors that meetings alone will not fix the global economy.

Investor's should likely be cautious in the coming weeks as volatility could quickly become the norm within the global markets due to the raft of policy meetings which could affect global growth prospects as well as investor’s sentiment.

Such events range from Greek austerity meetings to the much anticipated ECB policy meeting on the 6th of September where the markets could hear the next avenue the ECB will explore to help lower bond yields from struggling Eurozone nations.

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