Global stock markets extended their year-end rally on Monday as a recent improvement in risk appetite showed few signs of abating, although volumes were predictably light.
“As the holiday fortnight drapes around the markets, risk appetites have grown amid optimism that 2010 will bring further joyful tidings of sustained economic improvement led by the Asian economic recovery and a turnround in the dollar,†commented Michael Wallace at Action Economics.
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Dean Popplewell