ETX Capital Daily Market Bite, 15th August, 2013; European Stocks Drop On Fed Taper Nerves
August 15, 2013 8:43 am
August 15th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist
European markets opened slightly lower this morning, as investors observed caution amid persistent concerns over Fed’s timing of reducing its stimulus measures, even as data from Eurozone showed upbeat economic growth. Closer home, investors await data from UK which is expected to show that region’s retail sales increased 0.6% MoM and 2.5% YoY in July, as compared to a gain of 0.2% MoM and 2.2% YoY recorded in the previous month. – See more at: http://www.etxcapital.co.uk/news/fed-concern-overshadows-economic-data#sthash.vo6QHEK4.dpuf
August 15th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist
European markets opened slightly lower this morning, as investors observed caution amid persistent concerns over Fed’s timing of reducing its stimulus measures, even as data from Eurozone showed upbeat economic growth. Closer home, investors await data from UK which is expected to show that region’s retail sales increased 0.6% MoM and 2.5% YoY in July, as compared to a gain of 0.2% MoM and 2.2% YoY recorded in the previous month. – See more at: http://www.etxcapital.co.uk/news/fed-concern-overshadows-economic-data#sthash.vo6QHEK4.dpuf
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