Excerpt from: Spread Betting European Stocks
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| October 15, 2007 | | Spread betting and contracts for differences on the European stock market | Spread bets and CFDs on European stocks should take into account that they are dropping, mainly on concerns related to a weaker dollar (and stronger euro) as well as higher prices on the commodities market. Bloomberg reports on the European stock market:
``We'll likely see earnings coming below estimates this
quarter,'' said Pio De Gregorio, head of equities at Centrobanca
in Milan. ``The rise in commodity prices and the weaker dollar
over the summer probably had a bigger impact than we could
possibly foresee. This will be the main topic of the market.'' | | |
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