Spreadex Market Update
Euro indices trading positively
Investors and analysts have been studying recent data, trying to decide whether or not the growth were enjoying is enough to prompt the central bank to scale back stimulus measures. Many analysts expect Bernanke’s statement on Wednesday to be more dovish than first expected. U.S futures are trading some 105 points higher at 13:20 BST.
After consecutive weekly losses seen in the FTSE 100, there are early sings that we could have some relief this week. Investors are perhaps starting to see value in the market, with the blue chip index down over 5 percent in the past month.
Whilst we have the G8 meeting taking place all day, the main talking point is expected to be the on-going troubles in Syria. However, as Prime Minister David Cameron has suggested, tax avoidance schemes are set to be high on the agenda.
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