Market News of European stock markets
President of European Central Bank Jean-Claude Trichet warned again that Eurozone government should the level of debt in order to avoid defeat in the general election and loss the financial market confidence to the Government, He also pointed out that some European governments began to implement strict fiscal austerity policies, the European economy appeared some encouraging signs.
Stocks news, Madison Square Garden Corporation (Madison Square Garden, MSG) fell 4.6%, NBA star LeBron James confirmed that he will join the Miami Heat not the MSG’s New York Knicks.
European stock markets closed higher Friday, it is the biggest weekly gain in this year,Crude oil futures prices rose 0.9% to close at 76.09 U.S. dollars a barrel, gold futures closed up 1.2%.
Posted: July 9th, 2010 under Market News.
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