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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Beiming Wang who wrote (7699)12/13/1998 10:48:00 AM
From: MikeM54321  Read Replies (1) | Respond to of 9980
 
Beiming Wang,
I really don't have an opinion on whether European stocks will have a boost next year. There are a lot of differing opinions on what will happen to Europe. In my very general opinion, Europe faces some of the problems we do. Their markets have risen rapidly. There is great concern about slowing down of their economy. But in general, everyone believes the Euro is going to make business much more efficient and obviously this could translate to the bottom line. But the Euro's impact must certainly be factored into their equities markets already.

As regards to how the Euro will effect the Hong Kong markets? I do not know much about the relationship between the EU and HK(Asia). Generally I did not believe there was much of a connection between "Europe and Asia," unlike the "US and Asia" which is more symbiotic.
MikeM(From Florida)