	Symbol	Bid	Ask
	EURUSD	1.2921	1.2924
	GBPUSD	1.5159	1.5162
	USDJPY	102.41	102.44
	USDCHF	0.969	0.9693
	USDCAD	1.026	1.0263
	EURJPY	132.33	132.36
	EURCHF	1.2521	1.2526
	GBPJPY	155.21	155.28
	GBPCHF	1.4691	1.4698
	GOLD	1378.03	1378.63
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Research: Eurostoxx 50 Clearly Lagging the S&P 500

Quotes from Societe Generale Cross Asset Research:

-The S&P 500 composite has clearly outperformed the EuroStoxx 50 index since the start of the eurozone debt crisis.

-Mr Draghi said last week that LTRO money is taking more time than initially thought to transfer to the real economy. He also sees the euro area in its 'most difficult' austerity phase.

-The US economy could be derailed after the November elections, when the budget deficit and public debt trajectories will have to be addressed, at last.

Pubblicato: 2012-04-30 11:49:00 UTC+00

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May 21 at 22:44 UTC