European markets have opened in negative territory today, mirroring losses in Asian markets and as finance ministers from the G-20 nations highlighted concerns over the Eurozone economy. Amid a lack of domestic economic releases today, traders will keep a tab on Eurozone consumer confidence and US existing home sales data for further guidance. Additionally, a speech from the European Central Bank president, Mario Draghi, will be on investors’ radar for further insights into the ECB’s policy outlook.

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