09 June 2010

Rise and Rally in Global Markets

A report showing that China's exports grew by around 50% in May compared with a year before has led to a rise in many global markets, including US index futures, commodities and the European share market.

Meanwhile sales of government debts led to declines in UK and German bonds. Governments in numerous European countries are selling bonds today in order to combat high public debts.

The news of China's growth comes at a time when many developed economies are experiencing a spate of slow economic activity.

No comments: