Spreadex Market Update
Volatile trading as important earnings and figures released
Markets have been particularly volatile throughout today’s trading session as once again record breaking levels were being tested by global markets alongside a combination of important earnings and figures being released. In Germany, the DAX ended its session around 230 points higher after starting the day on a negative note as Greek worries weighed in on the index, however an extremely strong rebound was seen throughout the afternoon.
Over in America, investors are busy reshuffling portfolio positions ahead of the eagerly anticipated Apple earnings set to be released after the bell this evening. The NASDAQ smashed through new intraday highs ahead of the announcement whilst Apple is trading almost 2% higher as investors expect a positive set of earning this evening.
Increased volatility can be expected this week as investors will be looking for interest rate hike clues from the Federal Reserve’s two-day meeting which is set to commence tomorrow.
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