World Economy Update

WORLD UPDATE ..WHILE WE CELEBRATE HOLI

WORLD EUROPE ONCE AGAIN SAW BULLISH TREND..WITH PROBLEMS OF GREECE ONCE AGAIN PLUGGED
Expectation Greece will secure a crucial bond swap, avoiding a disorderly default...Greece has seen a strong take up of its bond swap offer to private investors, a government official said ahead of a 2000 GMT deadline for accepting the deal, a key element in a 130 billion euro international rescue package

THIS SEND ALL EUROPEAN MARKETS SOARING WITH ALL MAIN EUROPEAN INDEX LIKE..GERMAN DAX....UP 120....FRENCH CAC UP 60 AND LONDON FTSE UP..75...WHICH IS 1 %--TO--1.5% ACROSS THE BOARD
DOW FUTURES IS SEEN HIGHER BY 100-00

EFFECT IS BEING SEEN ON SGX NIFTY TOO...WHICH IS TRADING AT 5320 NF....UP AROUND 60 FROM YESTERDAY'S CLOSE.

SO IF ALL GOES WELL TONIGHT WITH WORLD MARKETS...GET READY FOR GAP UP OPEN TOMORROW TO OUR MARKETS ....WATCH
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MCX OPERATOR
www.mcxoperator.com

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