ETX Capital Daily Market Bite, 7th November 2013: Markets Eye ECB, BoE Decision
November 7, 2013 10:52 am
November 7th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist.
European markets have opened slightly lower today, as investors observed caution before the monetary policy decisions from the European and UK central banks, scheduled today. Investors also eyed the third-quarter US GDP and jobless claims data, due today, to determine the US Federal Reserve’s policy outlook. Closer home, investors await the BoE policy decision, wherein MPC members are widely expected to maintain its main lending rate unchanged at 0.50%, while also maintaining its bond-buying policy at £375 billion. – See more at: http://www.etxcapital.co.uk/news/markets-eye-ecb-boe-decision#sthash.Kwx8TiOP.dpuf
November 7th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist.
European markets have opened slightly lower today, as investors observed caution before the monetary policy decisions from the European and UK central banks, scheduled today. Investors also eyed the third-quarter US GDP and jobless claims data, due today, to determine the US Federal Reserve’s policy outlook. Closer home, investors await the BoE policy decision, wherein MPC members are widely expected to maintain its main lending rate unchanged at 0.50%, while also maintaining its bond-buying policy at £375 billion. – See more at: http://www.etxcapital.co.uk/news/markets-eye-ecb-boe-decision#sthash.Kwx8TiOP.dpuf
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