Spreadex Market Update
Trading starts downbeat
It seems we are back to a risk off sentiment as Asia drops 1.5% overnight due to the lack of any positive news flow. All eyes will be on the French and German leaders as ministers try to break the deadlock in negotiations over the size of the losses banks will have to take over Greek debt.
Greece as on the edge of default and yet European ministers are still squabbling. Let's hope they get their act together.
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