Risk Appetite Remains Muted

currency calculator in use

Risk appetite among traders suffered yesterday amid persistent concerns surrounding Spain as evident from rising bond yields in the region. The ECB’s rejection of the plan for refinancing Bankia, coupled with a credit rating downgrade of Spain, has worsened matters. Reports suggesting that China has no plan to introduce large scale stimulus also soured market mood. Traders are now likely to focus on Eurozone confidence indices, Italian bond auctions and US housing data due later today for further hints on the state of the global economy. In the UK, data just out revealed that M4 money supply declined for April.

Company Details

Risk Appetite Remains Muted

Get a quick quote

Open Account with World First

World First are located at:
Regent House, 16-18 Lombard Road, , Greater London, SW11 3RB, United Kingdom

Get a Quick Quote

Newsletter Signup to CMT

Sign up to our foreign exchange newsletter to receive news updates directly by email

Compare Money Transfer will not Share your details!

Bank Exchange Rates Comparison

High St Bank Exchange Rate

All Rights Reserved: Copyright 2006 - 2018 Compare Money Transfer Limited offering FCA Regulated Suppliers - 34 New House, 67-68 Hatton Garden, London, EC1N 8JY. +44 (0) 843 357 4882