Spreadex Market Update
UK markets rebounded this morning
US futures are hoping to bounce back after the largest January sell off since 2010. With manufacturing data released at 3pm investors appear bullish. The recent route of emerging markets has investors split with some believing the worst has passed whilst the likes of Goldman and Citigroup believe dangerously low interest rates mean the end of the sell-off is some way off. With investors pulling over $6 billion from emerging markets last week alone the likes of Argentina and Turkey could be in freefall should they be proved right.
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