Spreadex Market Update
Euro futures pointing slightly higher
Gains could be limited after the ministers are due to meet in Brussels later today. The euro remains under pressure, touching a two-week low against the dollar on signs the region’s economy is slowing due to uncertainty in Italy and Spain. Meanwhile data from France showed a month-on-month decline in industrial production which came in slightly better than expectations.
Brent crude continues to rise for a fourth day, trading near a nine-month high, after powers failed to stop Iran from becoming a country that has mastered nuclear technology.
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