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Monday, October 09, 2006

Equities Update

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We don't have any significant data out that can change the market, except the German Industrial Production for August at 12:00CET. Market expects a rise of 0.3 pct., but any surprise to the downside will send the DAX lower.
PSA Peugeot Citroen, Europe's No. 2 carmaker, and Woolworths Group Plc, a U.K. retailer, may fall after analysts advised investors to reduce holdings of the stocks.
Shire Plc, the U.K.'s third-largest drugmaker, may gain after U.S. regulators moved closer to approving its attention-deficit drug.

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