ETX Capital Daily Market Bite, 27th August, 2013: European Stocks Jittery On Syrian Tensions
August 27, 2013 7:39 am
August 27th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist
European markets have opened lower today, as investors avoided riskier assets amid concerns over a possible US military intervention in Syria. However, losses were somewhat kept in check, as data showing an increase in China’s industrial profits fuelled optimism that the Chinese economy is improving. Closer home, the Confederation of British Industry (CBI), in its latest quarterly survey, revealed that business and professional services sector in UK witnessed a sharp turnaround in business volumes during the past three months. – See more at: http://www.etxcapital.co.uk/news/markets-lower-on-syrian-fears#sthash.xY5c4ecO.dpuf
August 27th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist
European markets have opened lower today, as investors avoided riskier assets amid concerns over a possible US military intervention in Syria. However, losses were somewhat kept in check, as data showing an increase in China’s industrial profits fuelled optimism that the Chinese economy is improving. Closer home, the Confederation of British Industry (CBI), in its latest quarterly survey, revealed that business and professional services sector in UK witnessed a sharp turnaround in business volumes during the past three months. – See more at: http://www.etxcapital.co.uk/news/markets-lower-on-syrian-fears#sthash.xY5c4ecO.dpuf
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