It's amazing to see our market only 1300 points from its pre-crisis levels.The European markets have opened positive and it looks like tension in the East have calmed down for now. The Asian markets have also reacted positively with most of them ending in the green.
Portugal's credit rating has been put under review by Moody's, but the market has not reacted adversely to it. It's almost as if the market is expecting these downgrades.
The US markets points to a positive open as well as their future indexes are up by about 0.5%.
There is not any significant news scheduled for this week, except for Thursday when unemployment claims will be published.
During the recent months we've seen a turnaround in the US unemployment figures and positive sentiment among consumers. We can also see it in their spending.
It looks like the recovery as under way with companies posting strong results.
Volumes on the markets are very subdued to it being close to Christmas.
Safe trading and a blessed festive season
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