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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welshmoneywiz 