ETX Capital Daily Market Bite 12th June 2014: Lufthansa Profits Warning, Emirates Cancels A350 Order
June 12, 2014 7:49 am
European markets have opened marginally higher today, ahead of a slew of US and European economic data, including Eurozone industrial output and US retail sales, due later in the day. Closer home, data from the Royal Institution of Chartered Surveyors indicated that UK house prices rose more than expected in May. Later, a speech from the Bank of England’s Governor, Mark Carney, will remain on investors’ radar. Further, news flows emanating from Iraq has the potential to alter market sentiment.
European markets have opened marginally higher today, ahead of a slew of US and European economic data, including Eurozone industrial output and US retail sales, due later in the day. Closer home, data from the Royal Institution of Chartered Surveyors indicated that UK house prices rose more than expected in May. Later, a speech from the Bank of England’s Governor, Mark Carney, will remain on investors’ radar. Further, news flows emanating from Iraq has the potential to alter market sentiment.
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