Spreadex Market Update
Euro markets opened prudently
Thus, investors should look out for any signs of volatility until at least the 9th of September when the US congress reconvenes and the markets receive more information as to officials’ intentions towards Syria.
Focus will also be on the US today, but for reasons which do not include Syria, on the release of the Fed’s latest Beige Book to gauge the effectiveness of the current low-interest rates on growth. Although there is unlikely to be any more information on the supposed tapering of stimulus measures, investors will likely use any key indications on the current growth to extrapolate their own conclusions as to when the feared reduction in such measures are likely to occur.
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