ETX Capital Daily Market Bite 13th June 2014: Sterling Hits 19-month High After Mansion House Speech
June 13, 2014 8:20 am
European markets have opened in the red today, as tensions in Iraq escalated amid reports that Sunni Islamist militants took control of the Iraqi cities of Mosul and Tikrit. Earlier, the Bank of England’s Governor, Mark Carney, indicated that the UK central bank might raise its interest rates sooner than expected. Later today, the US Reuters/Michigan consumer sentiment index will be closely watched which is expected to show an improvement for June.
European markets have opened in the red today, as tensions in Iraq escalated amid reports that Sunni Islamist militants took control of the Iraqi cities of Mosul and Tikrit. Earlier, the Bank of England’s Governor, Mark Carney, indicated that the UK central bank might raise its interest rates sooner than expected. Later today, the US Reuters/Michigan consumer sentiment index will be closely watched which is expected to show an improvement for June.
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