ETX Capital Daily Market Bite, 28th August, 2013: Syrian Tensions Continue To Cause Grief In Markets
August 28, 2013 7:26 am
August 28th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist
European markets have opened lower today, tracking a selloff in the global equity markets as investors continued to mull over a possible US military action against Syria following reports that US Defence Secretary Chuck Hagel was in discussion with his UK and French counterparts. Closer home, investors eyed Bank of England’s Governor Mark Carney speech, due later today, where he is expected to affirm his intention to keep the central bank’s interest rates at a record low. Investors also await CBI’s UK distributive trade survey data, due later today, to gauge the market direction. – See more at: http://www.etxcapital.co.uk/news/syrian-fears-persists#sthash.hrmASzqb.dpuf
August 28th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist
European markets have opened lower today, tracking a selloff in the global equity markets as investors continued to mull over a possible US military action against Syria following reports that US Defence Secretary Chuck Hagel was in discussion with his UK and French counterparts. Closer home, investors eyed Bank of England’s Governor Mark Carney speech, due later today, where he is expected to affirm his intention to keep the central bank’s interest rates at a record low. Investors also await CBI’s UK distributive trade survey data, due later today, to gauge the market direction. – See more at: http://www.etxcapital.co.uk/news/syrian-fears-persists#sthash.hrmASzqb.dpuf
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