European Puts at 19-Month Low Ahead of ECB

Aug. 1 (Bloomberg) -- In today's "Bloomberg Options Headlines," Bloomberg's Sheila Dharmarajan reports that puts on European stocks are at 19-month lows ahead of tomorrow's ECB statement and the Stoxx Europe 600 is on its longest rally since 1996 and Knight Capital puts surge as the company faces delays processing stock orders. She speaks on Bloomberg Television's "Lunch Money."
European Earnings 'Looking Pretty Good': Macklow-Smith
39:40 - European companies' profit margins are improving as a result of the weakening euro over the past 12 months, combined with declines in oil and commodity prices, low interest rates and reforms initiated by companies over the past five years, according to Stephen Macklow-Smith, head of European equity strategy as JPMorgan Asset Management. He described the earnings season as "looking pretty good" in an interview with Manus Cranny on Bloomberg's "The Pulse." (Source: Bloomberg)
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