European markets have opened mixed today, as investors awaited the corporate earnings report from several UK and European companies, due later in the day. Further, increasing speculation that the US Federal Reserve might postpone tapering its monthly bond buying program also kept the losses in check.
Closer home, Rightmove reported on Sunday that its index for UK house prices increased 2.8% MoM and 13.8% YoY in September. Investors also mulled over BoE’s Ben Broadbent comment that the nation’s central bank would only consider increasing its key interest-rate once the nation’s economic recovery is secure.
European markets have opened mixed today, as investors awaited the corporate earnings report from several UK and European companies, due later in the day. Further, increasing speculation that the US Federal Reserve might postpone tapering its monthly bond buying program also kept the losses in check.
Closer home, Rightmove reported on Sunday that its index for UK house prices increased 2.8% MoM and 13.8% YoY in September. Investors also mulled over BoE’s Ben Broadbent comment that the nation’s central bank would only consider increasing its key interest-rate once the nation’s economic recovery is secure.
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