Excerpt from: Spread Betting European Stocks
|
 |
| June 22, 2007 | | Germany falters, so do European stocks |
One of the indicators that can help you with your spread betting and contracts for differences is to pay attention to economic data coming out of Germany. As Europe's largest economy, German sentiment influences a great deal of the rest of the European economy. And, right now, the German Ifo is less than stellar, leading to falling European stocks. Spread bets and CFDs on the stock market should consider this from Bloomberg:
``Investors are very sensitive to any signs of faltering
growth in Germany,'' said Richard Scott, who helps oversee about
$1 billion at Iimia Investment Group in Exeter, England. ``People
have been looking to Europe to take up the U.S.'s previous role
as the engine for global economic growth.'' | | |
|
|
