Interesting time for markets?

With so much activity in the world it is not surprising that there is a high degree of volatility in the investment markets, the main focal points currently are firstly Oil. With prices being so low it is good news for consumer economies, but the low oil price is also partially responsible for Central Banks keeping interest rates so low. We now have Russia and Saudi Arabia talking about a twin pronged approach to alter oil prices starting with a threatened freezing of production levels which will reduce the amount of oil available in the market place.
China has taken a tentative step towards stimulating its economy by reducing its interest rate by 0.25% with no other statement being made this is one to keep a watching brief on, especially with the US Federal Reserve (FED) unlikely to raise their rate any time soon.
With the EU referendum vote dominating the financial press in the UK and coming so soon after a budget statement this will continue to have an effect on the Markets with Sterling being particularly vunerable to falls with a possible 20% drop being talked about.
Gold continues to perform well as investors are searching for an investment medium that they consider to be a safe haven to shelter cash until the volatility levels stabilise.

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