Investor risk appetite continues to fall
Despite US retail sales moving more optimistically than analysts had expected, the risk appetite in financial markets continues to fall. Inflation in the Eurozone has fallen slightly from 10.7% to 10.6% in annualised terms. The prices for raw industrial commodities and energy resources are falling amidst anticipation of lower demand due to a global recession. After an impressive rally, futures on US stock indices have begun to go down.
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