Excerpt from:  Spread Betting North American Financial Markets
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September 19, 2006

European Energy Stocks May Rise on Oil

Bloomsbury May Fall according to some market analysts

European energy stocks may gain after oil prices rose for a third day, boosting earnings prospects for BP Plc and Total SA.

HSBC Holdings Plc, the world's third-largest bank by market value, might advance after Morgan Stanley raised its recommendation on the shares. Bloomsbury Publishing Plc, the U.K. publisher of the Harry Potter novels, may decline after its first-half profit missed analysts' estimates.

Futures on the Dow Jones Euro Stoxx 50, a benchmark for the 12 countries using the euro, fell 1 to 3825 at 7:20 a.m. in London. The U.K.'s FTSE 100 Index may gain 1 to 5891, according to Finspreads, a spread-betting firm.

"European markets are set for a flat open ahead of economic data releases and the Fed's announcement,'' said Martin Slaney, the head of spread-betting at GFT Global Markets in London.


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