Mixed feelings about China’s manufacturing data has led to a slow start this morning in financial spread trading markets.
Although the official manufacturing figure improved slightly for a second consecutive month, some observers now expect the central bank to hold off any further stimulus for the economy.
At present the spread trading markets need a boost from somewhere.
Weak US data yesterday and Greece’s troubles hitting the headlines once again seems to have prevented the Federal Reserve’s extension of near zero interest rates through to the end of 2014 from having it’s full effects on equities.
Article by Spreadex.
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