Excerpt from: European Markets
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| September 01, 2010 | | Spread betting and contracts for differences on European stocks | Spread bets and CFDs should consider that the European stock market is heading higher today, thanks to news that China may be ready to pick things up in terms of manufacturing.
There had been concerns that the U.S. would hold back economic recovery, but China and commodity producers appear ready to pick up some of the slack. With the positive Chinese manufacturing data, the euro zone is looking forward to some possible growth.
European stocks are higher on the CAC 40, as well as the DAX. On top of that, the FTSE 100 is showing significant improvement. The euro is moving higher in forex trading, and it looks like risk appetite is returning to the markets -- at least for the day.
| Topic Tags: CFDs, China, contracts for differences, European stock market, European stocks, FTSE 100, spread bets, spread betting | |
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