European policy makers - Uncertain Markets!

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Today is a key day for markets, as European policy makers meet later to decide on the future course of action to solve the region’s debt crisis. Volatility before the event is high, as there is little clarity on what the Eurozone leaders will come up with. Sterling has weaken against the Euro since 7am this morning and will either bounce of the support line at 1.1475 or plummet straight through. Make sure you have your dealer on speed dial!

Growth concerns in the UK continue, with BBA Mortgage approvals falling in September. A positive update from the CBI Industrial Trends survey could soothe concerns over the health of the UK economy.

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Uncertain Markets!

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