Excerpt from: Spread Betting European Stocks
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| June 08, 2007 | | Spread betting and contracts for differences on European stocks | Spread betting on European stocks should consider that rate concerns are behind a drop in European stock markets today. Spread bets and CFDs should consider shorting, and consisder this information from Bloomberg:
``After the strong run in the last couple of months, I'm not
surprised we are seeing a correction,'' said Jan Leroy, who helps
manage the equivalent of $9.7 billion at Petercam Asset
Management in Brussels. ``The current rise in yields is not
sufficient to derail the bigger underlying trend that is strong
economic growth worldwide and strong dynamics for mergers and
acquisitions.'' | | |
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