February 5th 2014, Daily Market Bite from Ishaq Siddiqi Market Strategist.

European markets have opened lower today, as persisting concerns over further cuts to the Fed’s bond buying size overshadowed a rise in US factory orders excluding transportation. Closer home, the British Retail Consortium revealed tough trading conditions as UK retailers slashed prices at the fastest rate in at least seven years during the January sales. – See more at: http://www.etxcapital.co.uk/news/investors-remain-cautious#sthash.2OhrpmlI.dpuf

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