ETX Capital Daily Market Bite, 26th April, 2013: Markets Pause For Breath Before US GDP
April 26, 2013 11:06 am
April 26th 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist
European markets have opened lower this morning, as investors preferred to wait on sidelines ahead of the release of the US GDP data for the first quarter, slated to be released later during the day. Stocks also came under pressure as the Bank of Japan refrained from fresh easing measures. Meanwhile, at a debt auction today, Italy aims to raise €8 billion through the sale of 6-month BOTs, short-term bills, maturing on 31 October, 2013.
April 26th 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist
European markets have opened lower this morning, as investors preferred to wait on sidelines ahead of the release of the US GDP data for the first quarter, slated to be released later during the day. Stocks also came under pressure as the Bank of Japan refrained from fresh easing measures. Meanwhile, at a debt auction today, Italy aims to raise €8 billion through the sale of 6-month BOTs, short-term bills, maturing on 31 October, 2013.
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