Profit

European markets gain on Spain bailout talk

PUBLISHED ON: October 16, 2012 | Duration: 4 min, 41 sec

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Ishaq Siddiqi, from ETX Capital, speaks to NDTV about European stock markets, which have traded positive on reports suggesting that Spain is moving closer to seeking a formal bailout. Spain is likely to seek a line of credit, which will then allow it to access funding from ECB. Markets have also gained on the back of positive US retail sales data.
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