Wednesday, July 21, 2010

Euro-shares surge, rises surpass 1%

Forex Special (Barcelona) - European equities soared at the opening, tracking gains in Wall Street and Asia. Benchmark indexes began displaying sharp upside tendencies, as Apple's strong earnings coupled with rumours on China's economic policy ease, paved the way towards a promising session.

Without exception, the full spectrum of European indexes were developing interesting upside moves. In the UK, the FTSE-100 rose 1.10% weighed by technology shares. The DAX in Germany topped at 0.90% so far, while the French CAC-40 was boosted 1.70%.

Furthermore, a number of successful bond sale processes in Spain and Greece also helped to enhance the optimism, as debt-battered European peripheries show some minor signs of revival, as the economies strive to gain a portion of market confidence back again.


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