ETX Capital Daily Market Bite, 15th March, 2013: Stocks Trade On The Weak Side; Pause For Breath
March 15, 2013 11:28 am
March 14th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist
European markets have opened slightly lower this morning, as investors eyed the outcome of the EU summit in Brussels where a multibillion-euro bailout for Cyprus would be high on the agenda. However, losses were kept in check as investors speculated that another batch of US economic data slated later today will signal recovery for the US economy. Meanwhile, the release of UK leading economic index data by the Conference Board and the speech by MPC member Spencer Dale is also likely to garner marker attention.
March 14th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist
European markets have opened slightly lower this morning, as investors eyed the outcome of the EU summit in Brussels where a multibillion-euro bailout for Cyprus would be high on the agenda. However, losses were kept in check as investors speculated that another batch of US economic data slated later today will signal recovery for the US economy. Meanwhile, the release of UK leading economic index data by the Conference Board and the speech by MPC member Spencer Dale is also likely to garner marker attention.
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