September 4th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist.

European markets have opened slightly higher today, encouraged by an improvement in China’s service sector activity. However, persisting Syrian tensions kept investors on tenterhooks. Investors also eyed monetary policy decisions from central banks across Japan, Eurozone and UK, due tomorrow. Closer home, investors awaited services PMI data from UK and some major Eurozone economies along with a report on Eurozone GDP for the second-quarter. Across the Atlantic, report on the US trade balance and Fed’s Beige Book report, will also be on investors’ radar, to determine the market direction. – See more at: http://www.etxcapital.co.uk/news/syria-keep-investors-on-edge#sthash.ROLItJjU.dpuf

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