Wednesday, May 19, 2010

European Stock-Index Futures Drop on German Short-Selling Ban

May 19 (Bloomberg) -- European stock-index futures slid after Germany’s ban on some bets against government bonds and financial institutions sparked investor concern that regulation will increase. U.S. futures and Asian equities fell.

Financial shares may decline after German Chancellor Angela Merkel’s government rattled investors by raising concerns they won’t be able to hedge their European holdings or sell assets as the region’s debt crisis worsens. Bayerische Motoren Werke AG may drop after BofA Merrill Lynch Global Research downgraded the world’s largest luxury-car maker.
http://www.businessweek.com/news/2010-05-19/european-stock-index-futures-drop-on-german-short-selling-ban.html

No comments:

Post a Comment