Spreadex Market Update
Global shares finish the month on record highs.
Global shares remained steady, finishing the month on record highs as investors placed cautious bets on the last trading day of the month. European investors will no doubt be waiting to hear from the European Central Bank next week to try gauge what will happen to their monetary policy.
US stocks futures are showing a slightly negative open following another record close for the S&P 500 on Thursday. Investors seemed to dismiss the negative GDP data after the reading showed the US economy contracted more than expected in the first quarter.
Gold remained near a 16-week low, heading for a monthly loss as sings on an improving US economy and easing in Ukraine damped demand for the safe heaven.
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