ETX Capital Daily Market Bite, 4th November 2013: ECB Rate Cut Hopes Buoy Market
November 4, 2013 8:53 am
November 4th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist.
European markets have opened higher today, amid mounting speculation that the ECB may slash its interest rates at its policy meeting, due tomorrow. Further, investors eyed Eurozone investor confidence data along with manufacturing PMIs from the Eurozone, Germany, France, Italy and Spain, due later today. Closer home, investors await UK construction PMI data, which is expected to remain unchanged at 58.9 in October from September. – See more at: http://www.etxcapital.co.uk/news/ecb-rate-cut-hopes-buoy-market#sthash.Kro5YpcF.dpuf
November 4th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist.
European markets have opened higher today, amid mounting speculation that the ECB may slash its interest rates at its policy meeting, due tomorrow. Further, investors eyed Eurozone investor confidence data along with manufacturing PMIs from the Eurozone, Germany, France, Italy and Spain, due later today. Closer home, investors await UK construction PMI data, which is expected to remain unchanged at 58.9 in October from September. – See more at: http://www.etxcapital.co.uk/news/ecb-rate-cut-hopes-buoy-market#sthash.Kro5YpcF.dpuf
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