Excerpt from: European Markets
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| April 24, 2008 | | Spread bets and CFDs on European Stocks | According to some, the Libor is becoming more accurate. However, with that increased accuracy comes a better reflection of the economy. And this could spell bad news for European stock market performance. The Wall Street Journal reports on the Libor:
But it is also bad news, in that an increase in the official Libor then
has a contractionary impact on the real economy — again because so many
economically important borrowing rates are keyed off of it. | Topic Tags: CFDs, European stock market, European stocks, Libor, spread bets, spread bets European stocks, spread betting, Wall Street Journal | |
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