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- Event feeling is that if Monti can continue this progress the .- Participants (1) . 

feeling is that if Monti can continue this progress the

Feb 25 2014

European stocks hit highest cheap gamma blue 12s level in two weeks

European stocks rose to their highest in two gamma blue 12s for sale weeks on Friday, tracking Wall Street gains as the world's biggest economy showed further signs of recovery, especially in the labour market.

However, volume was thin on the last session before Christmas and gamma blue 12s strategists warned against reading too much into movements in share prices. 8, but volume was just 17 percent of the index's 90 day average, with the London Stock Exchange only trading for half a day.

jobless numbers looked good but so many seasonal staff get hired at Christmas. It's not a strong support on which to build a bullish case, said Andy Lynch, fund manager at Schroders, which manages 197 billion pounds ($307 billion). economy and concern of potential supply disruptions in Iran and Iraq.

Investors have fled riskier assets on worries the euro zone debt crisis could lead to massive defaults and push the region's economy into another recession.

But Lynch said European shares might gain between 5 and 10 percent in 2012.

has been so depressed after 2011. There may be upside surprises in earnings, he said. fourth quarter earnings season, on Jan. 9.

Banks gained ground, extending a recent rally helped by the European Central Bank providing cheap liquidity.

Investors were relieved after the passage late on Thursday by Italy's Senate of a vote of confidence in the government of Prime Minister Mario Monti that put the final seal on an austerity budget aimed at restoring market confidence in the euro zone's third largest economy.

cornerstone of Monti's plan to reduce the debt is to limit payments in cash to curb tax evasion which, if successfully implemented, could be the turning point for Italy's finances, Spreadex trader Jordan Lambert said.

feeling is that if Monti can continue this progress the market may no longer view Italy as a threat to crumbling the euro and in conjunction with the huge injection of liquidity by the ECB, the bank recapitalizations and the increased transparency of government deficits, we could jordan 12 gamma blue be witnessing the beginnings order gamma blue 12s of an end to the euro crisis. attractive equity valuation levels, investors buy gamma blue 12s have been reluctant to buy stocks ahead of crucial tests in the bond market in first quarter of 2012. According to the ECB, some 230 billion euros of bank bonds and 250 billion to 300 billion euros in government bonds are falling due during the quarter.

Created:Feb 25 2014
Changed:Feb 25 2014

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