Global markets to extend rally on Spain, corporate earnings: Tom Vosa
Global markets may continue to gain in the coming weeks helped by positive news out of Spain and also strong earnings out of Wall St, says Tom Vosa from National Australia Bank. He says that Moody's decision to not cut Spain's rating was seen as a positive by global markets. He also adds that markets are also anticipating Spain to accept a line of credit allowing ECB to buy Spanish bonds to bring down yields.
