Spreadex Market Update
Euro markets open slightly higher
However, some economists are still arguing there is still a dreary tone hanging over the markets and yesterday’s overt display of optimism is unlikely to extinguish this. Investors still have a series of gripes to contend with which include the potential detrimental effects of a reduction in US stimulus measures as well as ambiguous announcement from Chinese officials regarding pledges to ensure the nation stays firm on the path to recovery.
Thus, until the picture concerning the strength of the global economy is clear the markets will continue to flirt with volatility.
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