Excerpt from: Spread Betting European Stocks
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| April 23, 2008 | | Spread betting and contracts for differences on the European Stock Market | Spread bets and CFDs on European stocks should consider that European banks are being quite hard hit right now. European stocks are falling this morning, due mostly to subprime writedowns.
Indeed, as far as the subprime crisis is concerned, European banks are even harder hit than US banks. They are suffering their own losses due to subprime loans, as well as getting hit by their investments in US subprime loans.
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