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UK insurer Aviva Plc has come back after a long weekend and is posting good gains as their CEO has quit after several years of share price loss (a 60% fall) and rows over pay.

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Monday saw a rocky start for Europe with euro seeing broad declines against the dollar and market sentiment from Hollande’s victory weighing on the US equity markets. However, the losses were quickly paired with positive manufacturing news coming out of Germany and Warren Buffets comments on the state of the US banks.

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With the amount of varying outcomes this weekend with France, Germany, Italy and Greece all having elections todays numbers from the US seem less influential on the global market as they would have been on a typical month.

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Positive morning results for SocGen has buoyed European stock markets today with Euro Indices up around 1% helping try to fight off the pull downwards generated by an unsure French election and Spain’s problems.

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The world’s two biggest economies, China and the U.S. showed improved manufacturing numbers yesterday, allowing for an ‘overnight’ gain in the Chinese and Taiwanese stock markets.

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With Manchester City beating United yesterday the outlook seems to be almost certain that Man City will win the Premier League this year, much like the way that Spain will almost certainly need European help this summer

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While the actual news that Spain are in trouble is news to no-one today's figures will show how bad their recession is and the resulting market reaction will determine if they need a bailout from the ECB

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Investors have continued to ignore news that we are officially in a double dip recession, partly due to the fact that some sectors have actually been faring quite well

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Asian markets were buoyant on Wednesday amid hopes that the US Fed might be feeling generally positive about the state of play.

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