Spread betting and contracts for differences on the European stock market
With a fairly solid economy, and with expectations of another Fed rate cut, European stocks are advancing today. Spread bets and CFDs should consider that there is some good value on the European stock market, and should wager accordingly. Bloomberg reports on the state of the European stock market:
``After some declines there are a lot of opportunities to add
to holdings,'' said Paul Mumford of Cavendish Asset Management in
London, which oversees $1.4 billion. ``At some stage, people will
see there is better value in the equity market.''