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EU still in the eye of the storm, USA disappoint

As the problematic situation of the banking system in Spain continues to worry both its citizens and the international markets, news coming from Greece add fuel to the flame: polls show that voters are keen to elect those parties who oppose the austerity measures needed to continue receiving international bailout packages, including the European one.

Last week's economic data about the situation in the U.S. were, if not equally, disappointing too, as the crisis of the Euro Zone seems to affecting also the US economy which is slowing down.

This lead to speculations about possible economic easing maneuvers to be announced soon by both the Fed and the BCE, which would try - using quantitative measures - to use these tools to boost growth.



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HIGH RISK INVESTMENT WARNING: Trading Foreign Exchange (Forex) and Contracts for Differences (CFD's) is highly speculative, carries a high level of risk and may not be suitable for all investors. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin. Please click here to read full risk warning. ECMarkets.com is a trading name of Safecap Investments Ltd, a Financial Services Company authorized and regulated by the Cyprus Securities Exchange Commission (CySEC) under license no. 092/08. Safecap Investments Ltd Is located at Treppides Tower, 6th Floor Kafkasou 9, Aglantzia P.O.Box 26522 CY2112, Nicosia, Cyprus.