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Daily Market Bite 24.07.14: A Slew Of Economic Data And Earnings Releases Ahead
July 24, 2014 7:54 amVideo
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European markets have opened mostly in negative territory today, as investors took a breather after two days of gains, amid lingering geopolitical tensions in Gaza and Ukraine. Closer home, market participants keenly await UK retail sales data which is expected to show a rebound on a monthly basis in June. Additionally, traders will track Markit manufacturing and services Purchasing Managers’ Index (PMI) data from major European nations along with US weekly jobless claims and new home sales data for further direction. Earnings updates from some major European companies will also garner market attention.
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