Excerpt from: Stock Indices CFDs and Spread Bets
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| March 19, 2008 | | Spread betting and contracts for differences on Japanese stocks | Spread bets and CFDs on the Japanese stock market should consider that indices made a nice recovery after the Fed rate cut. Confidence is returning to Japanese stock indices as the US government shows it is willing to help keep the US stock market afloat. Bloomberg reports on Japanese stock indices:
``U.S. authorities have definitively entered crisis-
management mode,'' said Yoshinori Nagano, who helps oversee about
$70 billion at Daiwa Asset Management Co. in Tokyo. ``The message
to the market is that any uncertainty regarding the financial
system is going to be dealt with.'' | | |
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