5th March 2015 - European Markets Expected to Open Higher

Stock Port Associates is one of the world’s largest and most established offshore investment firms operating within a tax-favorable jurisdiction.
 
March 5, 2015 - PRLog -- Stock Port Associates is one of the world’s largest and most established offshore investment firms operating within a tax-favorable jurisdiction. Whether it’s dealing with new regulations, setting up an offshore presence, attracting new investors or identifying independent directors, we have the expertise to assist you.

5th March 2015 - European Markets Expected to Open Higher

Major Indexes as of 4th March 2015

FTSE 100 - 6,919.24 (+0.44%)

DAX - 11,390.38 (+0.98%)

CAC 40 - 4,917.35 (+0.99%)

The major markets in Europe are expected to open higher ahead of an important day for the ECB.

The European Central Bank is expected to offer more details on its huge QE program scheduled to start this month.

The Central Banks €1.1tn bond buying program will start this month and further details are expected to be released later this afternoon after their monthly meeting in Frankfurt.

It is also expected to make further comments on the situation with Greece and the EU as a whole.

A poll of predominantly German businesses earlier this week suggested that as much as 38% of its polled members expected Greece to exit the Euro as a result of its current financial problems. This is a growing sentiment within Europe and the fact that the markets as a whole seem unconcerned appears to show that the strength seen in the local markets of late already has the possibility of Greece leaving the EU factored in.

There are several Central Banks within the union looking at rate increases and drops and the fact that the ECB's own stimulus is not seen as enough at this time is cause for concern. If the QE program does start this month, there is every chance it will need far longer than the September 2016 timeframe to help bolster the failing economy that is the European Union.

If Greece exits due to not being able to renegotiate terms, there is a chance other states in a similar situation may look to follow suit.

As with every meeting lately, today in Frankfurt is just as important as last month when the QE was confirmed. Now we need to know the specifics of the package and the actual mechanics of the scheme.

Stock Port Associates (SPA) is one of the world’s largest and most established offshore investment firms operating solely within a tax-favorable jurisdiction. SPA employs seasoned market professionals with expertise in all asset classes with access to all major markets. To find out more please visit http://www.stockportassociates.com for more information or contact info@stockportassociates.com to be contacted by one of our representatives.

DISCLAIMER  The views, opinions, findings, and conclusions or recommendations expressed on this service are those of the author(s) and do not necessarily reflect the views of the Stock Port Associates.All market data within this release is for your general information and enjoys indicative status only. Stock Port Associates does not accept any responsibility for its accuracy or for any use to which it may be put. All share prices and market indexes delayed at least 15 minutes. 52 week high and low values are calculated from close price data.

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