September 11th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist.

European markets have opened mostly lower today, as investors opted to book profits, following a rally in the previous session. Investors also avoided taking fresh bets as some dismal European macroeconomic data overshadowed optimism surrounding the US Government’s decision to delay Congressional vote to allow military attack on Syrian regime. Closer home, investors await data which is estimated to reveal that the UK jobless claims declined for a tenth successive month. Further, Conference Board’s leading economic index and ILO’s UK unemployment rate readings, due today, will also be on investors’ radar, to gauge the market direction. – See more at: http://www.etxcapital.co.uk/news/investors-book-profits2#sthash.32knoIOQ.dpuf

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