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Showing posts with the label ADVFN III Morning Euro Markets Bulletin March 20

ADVFN III Morning Euro Markets Bulletin March 20, 2013.

ADVFN I I I Morning Euro Markets Bulletin Daily world financial news Wednesday, 20 March 2013 London Market Report FTSE 100 Euronext Dax perf CAC 40 Please click on the images to view our interactive charts Stock rise ahead of UK Budget after failed vote in Cyprus Market Movers techMARK 2,405.99 +0.39% FTSE 100 6,466.44 +0.39% FTSE 250 14,081.78 +0.33% The decision by Cyprus to reject a 10bn-euro bailout deal that included a tax on bank accounts didn't take markets by surprise on Wednesday morning, as stocks started the day with moderate gains. Last night's vote - which saw a unanimous rejection of the proposal - was widely expected to fail given the public backlash of the last few days over the plan to raise €5.8bn from a one-off levy. While international lenders have reiterated their commitment to providing aid, Cyprus will have to come up with a 'plan B' to raise the extra funds. The Troika is unwillin