ETX Daily Market Bite, 29th April 2014; UK GDP, US Consumer Confidence numbers out later today
April 29, 2014 8:21 am
European markets have opened in the green, extending their yesterday’s gains. Going forward today, a slew of macro releases across Eurozone, the UK and the US will be eyed for further direction. Closer home, traders will focus on the preliminary UK first quarter GDP data which is anticipated to show a faster pace of expansion in the country. Additionally, the German consumer price inflation report will be eyed for further cues to risk appetite.
European markets have opened in the green, extending their yesterday’s gains. Going forward today, a slew of macro releases across Eurozone, the UK and the US will be eyed for further direction. Closer home, traders will focus on the preliminary UK first quarter GDP data which is anticipated to show a faster pace of expansion in the country. Additionally, the German consumer price inflation report will be eyed for further cues to risk appetite.
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