Gladiator Finance's Global Markets Update - 6th November 2014

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By: Gladiator Finance Public Relations
 
Nov. 6, 2014 - PRLog -- At 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.

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 Markets Update - 6th November 2014

It will be an important day for global markets as the ECB meets for its November meeting later today.

Japanese indexes saw their first negative day this week as investors locked out profits. The benchmark Nikkei rose over 8% since Fridays announcement that the Bank of Japan will be increasing its stimulus by over 10%. The Central Bank has also upped their state pension fund's allocation of local stocks from 12% to over 25% which boosted the local economy substantially. There are still concerns that Japan's economy will not reach the 2% inflation target over the next 2 years however many analysts believe Japan is in for a good few years and will see the benefits from their huge stimulus packages of late.

In Europe markets are expected to open lower as the European Central Bank meets today for it's November meeting. Mario Draghi, the President of the ECB is expected to make no new announcements with regards to their QE intentions as it is predicted that they will look to see what happens in the December buying program before further stimulus can be announced. One this that will be eagerly awaited is whether any of the recent comments from other members of the Central Bank board will be made. There appears to be concern about Mr. Draghi's attitude and eagerness towards Europe and his intentions to implement similar QE measures as per the Federal Reserve's.

Major indexes in the US saw record closes as the US revels in strong economic growth. Both the Dow Jones and S&P 500 closed at levels not seen before and the general sentiment after the Republicans kept control of the Senate is rather positive. With the Republicans keeping control it is seen as a good omen and the economy is expected to continue to grow under their watchful eyes. Unemployment data is due tomorrow and it is forecast to be better than last months with wages having increased in the skilled sectors as well.

It has been a bumper start to the week and it would be fair to expect further profit taking before the week is out, especially as we are still waiting on what exactly will be announced form the ECB.

Major Global Indexes - 5th November 2014

Hang Seng - 23,676.66 (-0.08%)

Nikkei 225 - 16,792.48 (-0.86%)

FTSE 100 - 6,539.14 (+1.32%)

Dow Jones - 17,484.53 (+0.58%)

S&P 500 - 2,023.57 (+0.57%)

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/GladiatorFin and follow our press releases at  http://biz.prlog.org/Gladiatorfinance/

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.

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