Daily Market Bite 30/09/14: Markets Higher Ahead Of Key Economic Data
September 30, 2014 10:29 am
European markets have opened higher today, supported by encouraging German retail sales data released earlier today. However, ongoing pro-democracy protests in Hong Kong and dismal Chinese manufacturing data are likely to keep a tight lid on gains. Closer home, Nationwide reported that house prices in the UK dropped unexpectedly on a monthly basis in September. Later today, unemployment rate data from the Eurozone and Germany along with the key Eurozone consumer price inflation data will keep traders on their toes.
European markets have opened higher today, supported by encouraging German retail sales data released earlier today. However, ongoing pro-democracy protests in Hong Kong and dismal Chinese manufacturing data are likely to keep a tight lid on gains. Closer home, Nationwide reported that house prices in the UK dropped unexpectedly on a monthly basis in September. Later today, unemployment rate data from the Eurozone and Germany along with the key Eurozone consumer price inflation data will keep traders on their toes.
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