Excerpt from: Stock Indices CFDs and Spread Bets
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| September 05, 2008 | | U.S. economy affects global stock markets | Spread betting and contracts for differences on world stock markets around the world should consider that things are looking somewhat bleak right now. One of the biggest hits to world stock indices today has been the release of U.S. jobs data.
The U.S jobs data is so bad, that worries that things are not turning around for the U.S. economy, as optimistic forecasts had been making, are surfacing at a rapid rate.
Stock markets in Asia and Europe are down on the news, as it further indicates a global economic slowdown, as well as means that U.S. consumers are likely to cut back on the products they buy from foreign companies.
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