Daily Market Bite 16/10/14: Markets Rebound; Eurozone Inflation Data In Focus
October 16, 2014 8:45 am
European markets have opened in the green today, reversing some of the previous session’s sharp losses triggered by escalating concerns over the global economy. Additionally, traders cheered earnings updates from bellwethers, Roche and Nestle, released earlier today. Amid a lack of domestic economic releases today, traders await Eurozone consumer price inflation data for further guidance. Additionally, US industrial production and weekly jobless claims will attract market attention.
European markets have opened in the green today, reversing some of the previous session’s sharp losses triggered by escalating concerns over the global economy. Additionally, traders cheered earnings updates from bellwethers, Roche and Nestle, released earlier today. Amid a lack of domestic economic releases today, traders await Eurozone consumer price inflation data for further guidance. Additionally, US industrial production and weekly jobless claims will attract market attention.
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