Daily Market Bite 03/11/14 – Markets Lower; Manufacturing Data Across Europe And US In Spotlight
November 3, 2014 10:41 am
European markets have opened in negative territory today, as mixed manufacturing data out of China tempered traders’ optimism over the Bank of Japan’s decision on Friday to boost stimulus measures. Closer home, market participants will keep a tab on Markit manufacturing Purchasing Managers’ Index data which is expected to show a slowdown in the UK manufacturing activity growth in October. Moreover, manufacturing data from major Eurozone nations and the US will be keenly eyed for further direction.
European markets have opened in negative territory today, as mixed manufacturing data out of China tempered traders’ optimism over the Bank of Japan’s decision on Friday to boost stimulus measures. Closer home, market participants will keep a tab on Markit manufacturing Purchasing Managers’ Index data which is expected to show a slowdown in the UK manufacturing activity growth in October. Moreover, manufacturing data from major Eurozone nations and the US will be keenly eyed for further direction.
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