Friday, February 24, 2012

Global Equities Rise After Germany Business Confidence Survey Has Positive Data

Many traders hope for better news day by day, Hope for German growth lifts sentiment, Global equities rise after strong business confidence survey from Europe's biggest economy and despite lingering Greek rescue deal concerns

Meanwhile Euro denominated oil hits record, Brent crude prices rise to a peak of €93.63 a barrel prompting talk of 'regional oil shock', and follows the high set in sterling terms

Majority traders has Forecast demand for ECB loans scaled back, The size of the take-up for the 'LTRO 2' and the destination of funds will set the tone after the Greek bailout rolled

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