ETX Daily Market Bite, 12th May 2014: Markets Track Friday’s Gains on Wall Street
May 12, 2014 7:19 am
European markets have opened mostly in the green today, mirroring Friday’s gains on Wall Street. Against the backdrop of the referendum held in two regions of eastern Ukraine indicating that most people voted in favour of independence, investors will focus on further news flows emanating from Ukraine for further direction. Closer home, investors will keep track the Lloyds employment confidence index and the British Retail Consortium’s retail sales data due later in the day.
European markets have opened mostly in the green today, mirroring Friday’s gains on Wall Street. Against the backdrop of the referendum held in two regions of eastern Ukraine indicating that most people voted in favour of independence, investors will focus on further news flows emanating from Ukraine for further direction. Closer home, investors will keep track the Lloyds employment confidence index and the British Retail Consortium’s retail sales data due later in the day.
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