ETX Capital Daily Market Bite, 6th February 2014: Markets Higher Ahead of BoE, ECB Meetings
February 6, 2014 11:06 am
February 6th 2014, Daily Market Bite from Ishaq Siddiqi Market Strategist.
European markets have opened higher today, ahead of the outcome of monetary policy meetings of the Bank of England (BoE) and the European Central Bank (ECB) due later in the day. Both central banks are set to leave their monetary policy intact. With no major domestic economic data during the day, investors would keep a close eye on German factory orders and US trade balance and initial jobless claims data to gauge market trend. – See more at: http://www.etxcapital.co.uk/news/markets-higher-ahead-of-boe-ecb-meetings#sthash.JA8ebWWH.dpuf
February 6th 2014, Daily Market Bite from Ishaq Siddiqi Market Strategist.
European markets have opened higher today, ahead of the outcome of monetary policy meetings of the Bank of England (BoE) and the European Central Bank (ECB) due later in the day. Both central banks are set to leave their monetary policy intact. With no major domestic economic data during the day, investors would keep a close eye on German factory orders and US trade balance and initial jobless claims data to gauge market trend. – See more at: http://www.etxcapital.co.uk/news/markets-higher-ahead-of-boe-ecb-meetings#sthash.JA8ebWWH.dpuf
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