ETX Capital Daily Market Bite, 7th May, 2013: Stock Markets Rally On Positive Tone; German Data
May 7, 2013 10:54 am
May 7th 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist
European markets have opened mixed this morning and continued to consolidate the previous week’s gains, amid caution ahead of first-quarter earnings by some of Europe’s largest banks. Meanwhile, the BRC reported that its shop price inflation index in the UK fell to a three-and-a-half year low of 0.4% in April from 1.4% in March. A meeting between the German Finance Minister Wolfgang Schaeuble and his French counterpart Pierre Moscovici, along with a conference of the European Commission would also garner market attention.
May 7th 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist
European markets have opened mixed this morning and continued to consolidate the previous week’s gains, amid caution ahead of first-quarter earnings by some of Europe’s largest banks. Meanwhile, the BRC reported that its shop price inflation index in the UK fell to a three-and-a-half year low of 0.4% in April from 1.4% in March. A meeting between the German Finance Minister Wolfgang Schaeuble and his French counterpart Pierre Moscovici, along with a conference of the European Commission would also garner market attention.
Visit http://www.etxcapital.co.uk/
Find us on social media to be kept up to date with the latest ETX Capital news:
Facebook: https://www.facebook.com/#!/ETXCapitalGroup
Twitter: https://twitter.com/#!/etxcapital
LinkedIn: http://www.linkedin.com/company/445425?trk=tyah
ETX Capital’s RSS site: http://my.etxcapital.co.uk/
Related Posts: