Markets Move Lower Despite Good US Shares News: Spread Betting Update

Calendar January 29, 2010 | Posted by Robert

Good figures from Amazon and Microsoft failed to stimulate the US futures overnight as persistent worries over Greek debt continue to dog the market.

Uncertainty over Bernankes re-appointment were finally removed as he scraped another term but the nature of his re-election shows that the Federal Reserve is certainly not immune to political interference.

We have a raft of economic data out today including Eurozone unemployment, US Q4 GDP and Michigan sentiment.

Any lacklustre numbers could easily weaken an already fragile sentiment in the market so it may not take much to prompt a sell off to round off the negative week.

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By Simon Rossington, Spreadex.

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