ETX Capital Daily Market Bite, 30th September 2013: Markets Drop On US, Italy Political Drama
September 30, 2013 8:19 am
September 30th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist.
European markets have opened sharply lower today, as investors weighed a possible US government shutdown after the nation’s lawmakers struggle to strike deal on the government funding. Meanwhile, speculation that Italian Prime Minister Enrico Letta might bring confidence vote in Parliament further dragged the markets lower. Closer home, property tracking website Hometrack revealed that the average asking price of a house in the UK rose 0.5% MoM in September, marking the largest monthly gain in six years, as compared to a 0.4% MoM gain in August. – See more at: http://www.etxcapital.co.uk/news/markets-lower-on-us-and-italy#sthash.vzCf9q2x.dpuf
September 30th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist.
European markets have opened sharply lower today, as investors weighed a possible US government shutdown after the nation’s lawmakers struggle to strike deal on the government funding. Meanwhile, speculation that Italian Prime Minister Enrico Letta might bring confidence vote in Parliament further dragged the markets lower. Closer home, property tracking website Hometrack revealed that the average asking price of a house in the UK rose 0.5% MoM in September, marking the largest monthly gain in six years, as compared to a 0.4% MoM gain in August. – See more at: http://www.etxcapital.co.uk/news/markets-lower-on-us-and-italy#sthash.vzCf9q2x.dpuf
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