Spreadex Market Update

European markets subdued



European markets are a bit subdued this afternoon as negative Employment figures in the US and yet higher Spanish yields keep markets in check.

There is a lot of suspense over the coming Greek elections over the weekend.

Investors don’t want to get involved in markets that will be so affected by the election results, in which are hardly predictable themselves.

The elections will shed light into which direction Greece wishes to pursue, and should hopefully give a good indication as to whether Greece will or will not exit the Euro.

Until we find out roughly what course Greece will be taking, spread betters are going to tread very carfully.

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