Spreadex Market Update
US house data improving
The housing market was, until recently, considered a drag on the recovery although it is slowly becoming a solid foundation to push further growth in the States.
EU President Barroso’s comments underscored gains today as he manifested resolve to keep Greece in the Euro and stated EU leaders will meet in June to work on a growth plan for the suffering sovereign.
Any plans of growth does seem rather belated and overdue but the intentions of the EU to spur the Greek economy does give a glimmer of hope and may be compatible with the anti-austerity party Syrizia who could win the majority of votes in the new elections expected early June.
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