Germany and Austria account for over 51% of AEZ assets- Germany 45% Austria 9%.
If you look at the Financial Times (London) website-go to markets, indices, you can see something interesting that was not in the last post. Its probably not good to put too much in one post - but the stock prices of listed retailers are way up all over. Particularly in the German 3x500 Retail index, which was up 16.18% in 5 days prior to the last time I looked a couple of days ago.
This would indicate that some good news has been posted in company reports in the current season. Retail stock prices look better all over the Eurozone where indices are available. They are not for Greece, Spain or Italy. About 60% above lows in northern Eurozone as a rough guide.
This indicates there is more optimism about retailers prospects by the Eurozone stockmarkets.
Cant be bad for us?
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Germany and Austria account for over 51% of AEZ assets- Germany...
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