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Follow on Google News | Gladiator Finance's Global Market Update 26th August 2014At Gladiator Finance our aim is to provide innovative, highly customised and bespoke solutions and advice that are infinitely more personal and independent than any offered by your bank or other financial advisory firm.
By: Gladiator Finance Public Relations Working from within a stable and highly regulated European environment, our highly skilled and experienced advisers offer standards of continuity and service that are so often missing from larger, albeit much less personal, banks and financial institutions. Gladiator Finance's Global Market Update 26th August 2014 Markets globally had a good day yesterday only to see a cautious start out in Asia earlier today. After news from the ECB that the European Central Bank would be looking to QE measures maybe as soon as next week there was a flurry of activity on the European indexes and the US too. The majority of European markets saw gains in excess of 1% on the news from Mario Draghi and the S&P 500 broke 2,000 for the first time in its history after the announcement that the ECB would be looking towards longer term refinancing operations and asset backed security purchases. There was also an indication that should this not be enough, they were prepared to go steps further to help pull the European Union out of the current depression it is seeing. With Germany, France, Portugal, Italy and Spain, to name just a few EU members being in the limelight for economic woes, there was little surprise that a new round of more specific stimulus was implied. This along with the Euro being at an 11 month low against the dollar shows that it is now time for the ECB to act and prove that it has the ability to stimulate the EU's economy before its too late. Markets are expected to open lower in Europe after yesterdays positivity, except in the UK as they missed Mondays good news due to a public holiday. It is fair to say though that the UK economy is out-performing Europe at this time and they appear to be taking further steps to distance themselves from the trials and tribulations being felt by their cousins across the English Channel. Many believe that it is only a matter of time before the United Kingdom leaves the EU as it looks like there is no way the 2 ruling counterparts are able to reach an agreement in the roles each will play in the other arena. For more information on the services provided by Gladiator Finance advisors please visit our website at www.gladiatorfinance.com or contact us on info@gladiatorfinance.com (mailto:nfo@gladiatorfinance.com). You can also follow us on Twitter at https://www.twitter.com/ DISCLAIMER The views, opinions, findings, and conclusions or recommendations expressed on this service are those of the author(s) and do not necessarily reflect the views of the Gladiator Finance. All market data within this release is for your general information and enjoys indicative status only. Gladiator Finance does not accept any responsibility for its accuracy or for any use to which it may be put. All share prices and market indexes delayed at least 15 minutes. 52 week high and low values are calculated from close price data. End
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