European markets have opened in positive territory today, mirroring gains in US and Asian markets. Closer home, traders will track mortgage approvals and M4 money supply data due later today for further direction. The main focus will be on the outcome of the US Federal Reserve’s policy meeting, with expectations that the Fed might wind down its monthly bond-buying programme and to get further indications about the timing of the first interest rate hike.
European markets have opened in positive territory today, mirroring gains in US and Asian markets. Closer home, traders will track mortgage approvals and M4 money supply data due later today for further direction. The main focus will be on the outcome of the US Federal Reserve’s policy meeting, with expectations that the Fed might wind down its monthly bond-buying programme and to get further indications about the timing of the first interest rate hike.
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