After had some chaos and hard situation causes of Greece debt crisis, with the latest news out of Greece generating some positive sentiment, stocks are likely to move to the upside at the start of trading on Monday. The major index futures are currently pointing to a notably higher open, with the Dow futures up by 70 points, This is great movement on early week
It because of Greek Parliament Passes Austerity Plan, Greek lawmakers approved a highly unpopular package of austerity measures amid nationwide protests on Sunday, paving the way for its international creditors to release EUR 130 billion in aid to the troubled euro member. Just like another Greek debt
Meanwhile, CBI Dispels UK Recession Fears, Sees Recovery Picking Up In Second Half, The Confederation of British Industry (CBI) said the UK economy will avoid a technical recession and growth will gain momentum in the second half of 2012. Be aware friends, many traders bring this situation on "risk mode on"
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