Daily Market Bite 28/10/14: Markets Rebound From Yesterday’s Losses; US Data In Focus
October 28, 2014 10:35 am
European markets have opened in the green today, rebounding from previous session losses, as traders cheered upbeat earnings from some European blue-chip companies, including Novartis and UBS. Amid a lack of domestic economic releases today, traders will closely track US durable goods orders, consumer confidence and home prices data for further guidance. Markets participants also look forward to the crucial two-day Federal Reserve policy meeting, commencing later today.
European markets have opened in the green today, rebounding from previous session losses, as traders cheered upbeat earnings from some European blue-chip companies, including Novartis and UBS. Amid a lack of domestic economic releases today, traders will closely track US durable goods orders, consumer confidence and home prices data for further guidance. Markets participants also look forward to the crucial two-day Federal Reserve policy meeting, commencing later today.
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