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July 10 2015

Commentary by David Fuller

My personal portfolio

A trade opened

With the strong possibility that ‘Grexit’ has been avoided, at least for the lengthy medium term, European stock markets should see a further oversold rally, additionally boosted by the strong tailwind of Mario Draghi’s QE of €60bn a month. Consequently, I bought the EU Stocks 50 Index, paying 3530.5 for the September contract, including spread-bet dealing costs.

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