Vladimír Urbánek (Kurzy.cz)
Markets  |  November 16, 2012 11:45:54

Stock markets down on fiscal cliff uncertainty; Fiscal cliff Similar to eurozone debt crisis

16 November 2012: Stock markets down on fiscal cliff uncertainty; Fiscal cliff Similar to eurozone debt crisis

James Hughes, Chief Market Analyst at Alpari, one of the world's leading forex brokers, said: "Stock markets are Expected to Continue Their decline today as Concerns over the fiscal cliff grow.

European stock indices are nearing multi-month lows today, with the FTSE Hovering above a key support level around the 5650th The fiscal cliff Continues to be the main reason behind the rapidly declining global sentiment and has Taken over the eurozone as the greatest threat to the fragile global recovery.

What we're seeing at the moment is very Similar to what we've seen in the eurozone in the past few years. As no one knows exactly what the cost of going over the cliff will be, it is very difficult to put a contingency plan in place.

From a business perspective That basically Means That things stand still for a couple of months, while from an investor perspective it makes it very difficult to put your money in stocks, and it's difficult to ascertain the value of a company When we are unsure what conditions will be like in six months' time.As a result, I expect the stock indices REMAIN in free fall until we see and decision in the U.S. .

While this does not only impact the U.S., the stock markets there have been the hardest hit at the moment, with the S & P, Dow and Nasdaq all trading near four month lows.

The price of oil is Continuing to rise in recent days as the conflict in Israel Continues. Any troubles in the Middle East tend to push oil Prices Higher and as this is only showing signs of escalating, here are the Increases Likely to continue in the short term at Least. We also have issues in the Continuing Syria and the sanctions on Iran pushing Prices Higher. "

Note: The content of this text comprises personal Opinions and ideas and should not be misunderstood or Taken as investment advice.

About Alpari:

With a history dating back to 1998, the Alpari companies are among the world's fastest growing providers of onlineForex trading services.The companies provide cutting edge technology, low-cost trading, Comprehensive market research tools, advanced educational programy and world-class customer service.

The association of Alpari companies has offices in over 20 Countries. Locations include London , New York , Tokyo , Shanghai , Dubai , Moscow , Mumbai and Frankfurt . Combined, the companies look after over 170,000 active trading accounts, generating monthly trading Volumes in excess of USD210 billion and Emploi over 630 people worldwide (May 2011).

For more information please visit on Alpariwww.alpari.com

Forex, spread bets and CFDs are leveraged products. They may not be suitable for you as They carry a high degree of risk to your capital and you can lose More than your initial investment. You should ensur you understand all of the Risks.




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Stock markets down on fiscal cliff uncertainty; Fiscal cliff similar to eurozone debt crisis

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