September 12th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist.

European markets have opened slightly higher today, as investors awaited the outcome of diplomatic talks between the Foreign Ministers of Russia and the US, over the measures to eliminate Syria’s chemical stockpiles. Investors also eyed US reports on jobless claims and monthly budget along with import and export prices, due later today. Closer home, the Bank of England policymaker David Miles raised concern that the UK unemployment rate might not fall sharply. Further, investors also await UK treasuries’ inflation hearing report, due out later in the day. – See more at: http://www.etxcapital.co.uk/news/markets-eye-russia-us-talks#sthash.jZ2FqcmI.dpuf

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