Spreadex Market Update
European headline shares open higher
Although equities have not roared with optimism this morning, as many of the gains are likely to be already factored in over the last few months, the hope that further stimulus for the struggling US economy is providing a beacon of hope for supporters of further quantitative easing.
Thus, it seems investors are ultimately disjointed with the general themes from the FOMC minutes.
Although the minutes highlighted the need for further stimulus if the US economy does not improve.
Investors are still worried concerning the extent to which policy makers will allow the US economy to deteriorate before they finally step back in with another round of quantitative easing.
Time will only tell whether the current approach proves to be too little, too late.
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