ETX Capital Daily Market Bite, 20th January 2014: Markets Cautious on China
January 20, 2014 10:25 am
January 20th 2014, Daily Market Bite from Ishaq Siddiqi Market Strategist.
European markets have opened lower today, as investors avoided taking stronger bets amid thin trade and after China revealed weakening of its economic growth in the fourth-quarter. Closer home, Rightmove reported that the average asking price for a home in the UK rose 6.3% YoY in January and recorded its biggest annual gain since November 2007, compared to a 5.4% increase in the previous year. – See more at: http://www.etxcapital.co.uk/news/markets-cautious-on-china1#sthash.1hMdPrKu.dpuf
January 20th 2014, Daily Market Bite from Ishaq Siddiqi Market Strategist.
European markets have opened lower today, as investors avoided taking stronger bets amid thin trade and after China revealed weakening of its economic growth in the fourth-quarter. Closer home, Rightmove reported that the average asking price for a home in the UK rose 6.3% YoY in January and recorded its biggest annual gain since November 2007, compared to a 5.4% increase in the previous year. – See more at: http://www.etxcapital.co.uk/news/markets-cautious-on-china1#sthash.1hMdPrKu.dpuf
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