European FTSEurofirst 300 blue chip index and the MSCI World index. "Any weakness in equities and reversal of inflows may be transmitted to euro/dollar and euro crosses as one of the few bright spots in the euro land outlook -- potential for German economic reform -- would dim," currency analysts at Deutsche Bank wrote in a client note ahead of the election. On the upside, the Dax is supported by the fact that its constituents are mainly internationally-focused firms reliant on generating income from overseas, rather than German, consumers. The real fault line for stocks might be the division between large globally-oriented firms and small and mid-sized companies. Small and mid-cap shares have outperformed large-caps this year, up 33 percent and 29 percent respectively. --more 2254 Local Time 1954 GMT
