Spreadex Market Update
Global headline shares continue to swing
However, investors’ taste for equities could have been soured by data which showed that the US unemployment rate dropped. One of the key condition US policy officials have highlighted for the tapering of stimulus measures is an improvement within the labour market. Since, arguably, the reduction in the unemployment rate fulfils this condition then the selloff could be explained by the possibility that US officials now have a reason to slow-down with stimulus measures.
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