Eurozone Debt Worries Return Over Spain

22 Mar

Eurozone debt worries return with concerns over Spain as its’ bond yields rose sharply, prompting fears that the debt crisis plaguing the Eurozone could return. This could potentially have a detrimental effect on share values and the recent optimism in the markets.

In Portugal, the country is expecting a 24-hour general strike. This is in outcry over the government’s recent austerity measures enforced following the country’s 78 billion euro bailout.

There are growing concerns over China’s slowdown and I fear the economy may be heading for a “hard landing”. This is the fifth consecutive month where we have seen factory activity slow.

If these concerns and fears grow the effect on the more optimistic market could have a significant effect.

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