Excerpt from: Spread Betting European Stocks
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| October 25, 2007 | | Spread bets and CFDs on the European stock market | Spread betting on European stocks should consider that U.S. interest rates also affect the eurozone economy. The Fed rate cut is expected to help the European stock market, as well as the market in the U.S. MarketWatch reports on European stocks:
"The markets are expecting the Federal Reserve to cut rates next week,
which is offsetting the bad news coming through that the moment. It's a
useful prop," noted Peter Dixon, equity strategist at Commerzbank. | | |
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