Spreadex Market Update

21.06.12 Thursday Evening



Markets have been relatively subdued this afternoon as various economic figures published throughout the day continue to disappoint. The Eurozone continues to struggle with Germany, as the main lifeline for the Eurozone, they are struggling to keep its export numbers up in the face of a deteriorating global economy. On the other hand, inflation seems to be falling, leaving more scope for Central Banks to add more stimulus to their economies in a bid to put some life back into the economy. The problem is that this has been done before, to minimal effect. Europe needs to take further action towards fiscal integration if it is to see any improvement in sentiment and growth.

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