ETX Capital Daily Market Bite, 15th April, 2013: European Markets Hit By Poor China GDP Data
April 15, 2013 10:36 am
April 15th 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist
European markets have opened lower this morning, following their Asian counterparts, as weaker-than-expected Chinese economic data sparked concerns over the pace of global economic growth. Earlier, Rightmove reported that, on an annual basis, the house price index in the UK rose 0.4% in April, compared to a 1.2% increase in March. Meanwhile, investors look ahead to the Euro-zone trade balance data and a meeting between key government officials in Cyprus to discuss an urgent growth plan for the nation.
April 15th 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist
European markets have opened lower this morning, following their Asian counterparts, as weaker-than-expected Chinese economic data sparked concerns over the pace of global economic growth. Earlier, Rightmove reported that, on an annual basis, the house price index in the UK rose 0.4% in April, compared to a 1.2% increase in March. Meanwhile, investors look ahead to the Euro-zone trade balance data and a meeting between key government officials in Cyprus to discuss an urgent growth plan for the nation.
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