March 14th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist

European markets have opened higher this morning, following upbeat US retail sales and as investors await fresh cues ahead of a two-day EU summit in Brussels. Meanwhile, the Bank of England published its first quarterly bulletin of 2013, including a chapter on how its asset purchase programme may eventually lead to losses that will need to be met by the government. The release of employment change data from the Eurozone along with jobless claims and produce prices data from the US is likely to garner investor attention later in the session

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