Excerpt from: Spread Betting European Stocks
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| March 11, 2008 | | Financial market stocks still causing a bit of a problem on the European stock market | Spread bets and CFDs on the European stock market should consider that consumer confidence could weigh on the market. Despite hopes for financial market stocks, some worry that ECB rate cuts will be needed to keep the euro zone economy going. MarketWatch reports on the euro zone economy:
But skeptics said the prospect of slowing exports due to a strong euro
and potential fallout from the ongoing credit turmoil is likely to
weigh significantly on German and euro-zone economic confidence unless
the European Central Bank moves quickly to cut interest rates. | | |
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