Economic & Earnings Releases In Focus; Geopolitical Tensions Linger
July 25, 2014 5:18 am
European markets have opened mostly in the red today, amid lingering geopolitical tensions in Ukraine and Gaza, and after the International Monetary Fund’s (IMF) decision to lower its 2014 global economic growth estimate yesterday.
Later today, traders will keenly eye UK Gross Domestic Product data which is expected to show that the UK economy expanded at a slightly faster annual pace in the second quarter. Additionally, US durable goods orders and German sentiment indices data will attract market attention for further direction.
European markets have opened mostly in the red today, amid lingering geopolitical tensions in Ukraine and Gaza, and after the International Monetary Fund’s (IMF) decision to lower its 2014 global economic growth estimate yesterday.
Later today, traders will keenly eye UK Gross Domestic Product data which is expected to show that the UK economy expanded at a slightly faster annual pace in the second quarter. Additionally, US durable goods orders and German sentiment indices data will attract market attention for further direction.
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