ETX Capital Daily Market Bite, May 20th 2014: M&S Earnings, US Fed Speakers
May 20, 2014 8:01 am
European markets have opened mostly lower today, as traders await speeches from several ECB policymakers due later in the day to get hints on possible policy actions from the ECB. Additionally, investors look forward to the upcoming European parliamentary elections due later this week. Closer home, investors await data which is expected to show that the nation’s core consumer price inflation accelerated to 1.8% YoY in April from a rate of 1.6% recorded in the previous month.
European markets have opened mostly lower today, as traders await speeches from several ECB policymakers due later in the day to get hints on possible policy actions from the ECB. Additionally, investors look forward to the upcoming European parliamentary elections due later this week. Closer home, investors await data which is expected to show that the nation’s core consumer price inflation accelerated to 1.8% YoY in April from a rate of 1.6% recorded in the previous month.
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