• Markets bouyed boy strong Chinese data

    blogMarket Info Update

    Asian, European and U.S. markets were bouyed on the back of strong data coming out of China this morning. Manufacturing numbers increased in March, which is seen as a positive indicator of economic activity. China is the second largest economy in the world, so positive data from the region lessens concerns of a global slowdown.

    In Brexit news, MPs will vote on alternatives to the Brexit process today. The rumour mill suggests that Prime Minister, Theresa May, will yet again attempt to put her thrice rejected divorce deal to a vote on Tuesday.

    On the data front, it’s an eventful day, we have the monthly U.S. Core Retail Sales along with the monthly Retail Sales at 13:30 BST. This is followed by the U.S. ISM Manufacturing PMI at 15:00 BST.

    Disclaimer: Spread Co is an execution only service provider. The material on this page is for general information purposes only and nothing contained herein constitutes (or should be taken to constitute) financial or other advice which should be relied upon. It has not been prepared with your personal circumstances, financial situation, needs or objectives in mind, therefore any actions taken or not taken by any person on the basis of this material is done entirely at their own risk. Spread Co accepts no responsibility whatsoever for any such actions, inactions or resulting consequences. No opinion expressed in the material shall amount to (or be taken to amount to) an endorsement, recommendation or other such affirmation of the suitability or unsuitability of any particular investment, transaction, strategy or approach for any specific person. This material has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is considered a marketing communication. As such, this communication is not subject to any prohibition on dealing ahead of the dissemination of investment research. Nonetheless, Spread Co operates a conflict of interest policy to prevent the risk of material damage to our clients.