Good Data for World Markets at 2010 Start

Currency exchange traders weren’t the only market members to be excited at the start of the 2010 working week – other financial market players had reason to be excited too, and with good reason:

Share indices, manufacturing data, commodity prices all rose at the start of the New Year week, giving a fresh boost of optimism to many sectors.  Better still, the data and overall results were not centred around one nation or marketplace, but pretty much all – in the United Kingdom, the US, Asia, France and Germany – they all reported upward numbers.

So, does this mean that 2010 has a horde of good news for the world’s economy?  Or is this what happens every new year’s start to the working world?  Time will tell, although in Britain for one, there was plenty to get excited about over Christmas already: shoppers turned out in record numbers on Boxing Day (December 26th), just hours after they were sitting under the tree and eating roast turkey.

Whichever way analysts view this latest batch of good data, perhaps there is some sign that 2010 will be the year of healthier results.

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