Atlas Equities European Stocks and Equities Rally

“Atlas Equities” – Government scheme spurs equities rally.

“Atlas Equities”, the British government announced a second multi-billion pound bailout package for banks that have ‘toxic assets’. This bold move by the government has already inspired confidence from the markets throughout Europe as all the major markets rallied and the pound significantly strengthened on the currency exchanges. According to reports by sources close to “Atlas Equities” Britain's Labour government said it planned to launch The Asset Protection Scheme which was designed to protect financial institutions against exposure to exceptional future credit losses on certain portfolios of assets. The government added that it hoped to co-ordinate the scheme with other countries. “Atlas Equities” sources recently reported that there was a strong sense of optimism surrounding the inauguration of Barack Obama as the president of the United States, this helped Asia’s markets reach highs as they were experiencing the annual lows as the Luna New Year holidays approach; the major markets will close for 2 days holiday. Dealers were meanwhile upbeat over Obama's plans to help the world's biggest economy, which include a stimulus of more than 800-billion dollars. His room for maneuver was also increased after Congress agreed to give him the second 350 billion dollars of the bailout hammered out last year for ailing banks, “Atlas Equities” understands.