Spreadex Market Update
More of the same from global markets
However, bulls later derived enough hope from comments by Bernanke about the possibility of utilising measures to promote more growth if required and advocating the efficacy of unconventional stimulus measures, or colloquially speaking, quantitative easing (QE).
Thus, balls were able to claw back gains and once again prove that the hope for QE, even without concrete policy announcements, is enough to catalyse optimism within the markets.
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