ETX Capital Daily Market Bite 3rd June 2014: 3rd Straight Session Record for S&P 500
June 3, 2014 8:07 am
European markets have opened mostly lower today, as market participants cautiously await today’s Eurozone consumer price inflation data ahead of the crucial European Central Bank (ECB) policy meeting due later in the week. Closer home, data from Nationwide indicated that UK house prices, on an annual basis, rose at their fastest pace in nearly seven years in May. Later today, Eurozone unemployment rate, UK construction activity and US factory orders data will also be closely watched to gauge the market direction.
European markets have opened mostly lower today, as market participants cautiously await today’s Eurozone consumer price inflation data ahead of the crucial European Central Bank (ECB) policy meeting due later in the week. Closer home, data from Nationwide indicated that UK house prices, on an annual basis, rose at their fastest pace in nearly seven years in May. Later today, Eurozone unemployment rate, UK construction activity and US factory orders data will also be closely watched to gauge the market direction.
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