The focus on stock markets this week will likely be on the meeting of European Union leaders. "Before the EU summit on Thursday, Greece is expected to submit its spending cuts worth €13.5bn to the EU leaders. If agreed upon by the EU, the next tranche of the bailout will be released, essentially funding Greece past November," explained analyst Craig Erlam from Alpari.
Meanwhile, pressure continues to mount on Spanish Prime Minister Mariano Rajoy, who is widely expected to request a bailout from the European Central Bank (ECB) in the coming weeks. Eyes are also on Portugal as it presents its 2013 budget.
http://www.lse.co.uk/sharecast-news-article.asp?ArticleCode=20427643&ArticleHeadline=London_open_Chinese_export_data_lifts_stocks
Geen opmerkingen:
Een reactie posten