Forex News – Euroshares seen lower as Wall St gains already priced in; ahead of … – Forbes

LONDON (Thomson Financial) – Euroshares are expected to slip back at the open as strong gains on Wall Street had already been priced in in Europe by the close of business yesterday, with financials set to take centre stage as the Bank of England agrees to throw Nothern Rock a lifeline. And Northern Rock investors — unnerved yesterday by talk of a profit warning at the mortgage bank — will be heartened by news the banking group will receive emergency funds from the Bank of England to ease a credit shortage sparked by U. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News. The content on this site, including news, quotes, data and other information, is provided by AFX News and its third party content providers for your personal information only, and neither AFX News nor its third party content providers shall be liable for any errors, inaccuracies or delays in content, or for any actions taken in reliance thereon. read more

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