Spreadex Market Update
Euro markets start day in the red
Investors will also be closely eyeing the new Bank of England governor Mark Carney’s statement today and whether Carney provides a retort for Chancellor George Osborne’s request for more ‘’unconventional’ tools to help boost the economy. It seems likely that Carney’s answer to this will consist of an ambiguous response to an ambiguous request and therefore create more uncertainty within the markets. Perhaps officials should be more focused on providing solutions to problems instead of demanding them.
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