Spreadex Market Update
Headline shares trade cautiously
Thus, investors are now expecting US policy officials to stop talking about the effects of the fiscal cliff and start to begin negotiating measures to avoid the fiscal cliff.
Greece is also back on the agenda today. The markets are expecting European finance ministers to announce that the latest aid package to Greece has been approved.
However, if a lack of agreement is not achieved today, which would be the third meeting this month where a repayment plan for Greece could not be agreed, investor’s patience could finally give in and we could observe risk-on assets being shed as a result.
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