The air of nervousness at the start of 2012 seems to have subsided a bit. Lack of cues from the global front as most markets were shut saw European markets and our market remain positive.
Jason Hughes, head of premium client management at IG Markets sees a slight pickup in the risk appetite of investors at the start of the new year. He hopes Europe, the big elephant in the room, will find some form of solution or resolution to its sovereign debt worry in the next three to six months.
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