Thursday, March 22, 2007

European Stocks are taking Shelter under Fed’s Statement.


It is said that the European stocks may rise only when the U.S Federal Reserve indicates that it is no longer biased towards increasing the borrowing costs in the world’s largest economy. There is an anticipation that Nokia’s Oyi and UBS AG both the leading companies may gain more only after once there U.S-Traded Securities are advanced.


According to CMC Markets, London it is expected that Dow Jones Euro Stoxx50, a benchmark for the 13 countries using the Euro advanced by 68 to reach 4,079. The U.K’s FTSE index may climb to 72.


The Previous Week for European Stocks did not turn to be so Lucky, But this Week It may Turn to be Lucky and Lucrative.


In My Opinion, the European stocks are gonna rock .





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