Daily Market Bite 7/11/14 – Markets Extend Gains; US Nonfarm Payrolls Data in Focus
November 7, 2014 9:28 am
European markets have open in positive territory today, extending previous session gains sparked after the European Central Bank President, Mario Draghi, hinted at additional stimulus measures to boost economic growth and to combat deflationary pressure in the region. Closer home, UK trade balance data due later today will attract market attention. Moreover, US nonfarm payrolls data for October along with speeches from European Central Bank and US Federal Reserve officials will be tracked for further direction.
European markets have open in positive territory today, extending previous session gains sparked after the European Central Bank President, Mario Draghi, hinted at additional stimulus measures to boost economic growth and to combat deflationary pressure in the region. Closer home, UK trade balance data due later today will attract market attention. Moreover, US nonfarm payrolls data for October along with speeches from European Central Bank and US Federal Reserve officials will be tracked for further direction.
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