European markets have opened slightly lower today, as investors look ahead to a slew of corporate earnings updated from several UK and European corporations. Investors also focussed on the last day of a key policy meeting in China and ongoing debates over the US Federal Reserve’s stimulus program outlook.

Closer home, the Royal Institution of Chartered Surveyors (RICS) reported that the UK house price balance stood at +57 in October, marking its highest level since June 2002 and up from a revised +53 in September.

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