Excerpt from: World Markets
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| December 23, 2009 | | Spread bets and CFDs on the stock market | Spread betting and contracts for differences on Asian stocks should consider that they are gathering steam as hopes for economic recovery improve. With the U.S. stock market showing improvement, and with fundamentals in the U.S. expected to help support Asian companies again, things are starting to look up for Asian stocks.
The increased risk appetite that many predict for the end of the year, and into the new year, is boosting commodities and equities, and corporate credit is expected to benefit as well. Asian markets from Australia to South Korea to Shanghai saw increases today. (Japanese markets were closed for a holiday.)
Asia is expected to play a major role in economic recovery, and it is no surprise that the region is taking the lead right now as equities begin to rally more substantially.
| Topic Tags: Asian markets, Asian stocks, CFDs, contracts for differences, spread bets, spread betting, stock market | |
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