European markets have opened higher today, as investors speculated that a sharp overnight rate hike by the Turkish central bank might stem selling in emerging markets and revive risk appetite. However, investors kept a close eye on the US Fed’s policy decision due later in the day.
Closer home, Nationwide reported that UK housing prices increased 8.8% YoY in January, as compared to an 8.4% increase in the previous month. Further, investors would also keep a close eye on the speech by the Bank of England Governor, Mark Carney, slated later in the day.
European markets have opened higher today, as investors speculated that a sharp overnight rate hike by the Turkish central bank might stem selling in emerging markets and revive risk appetite. However, investors kept a close eye on the US Fed’s policy decision due later in the day.
Closer home, Nationwide reported that UK housing prices increased 8.8% YoY in January, as compared to an 8.4% increase in the previous month. Further, investors would also keep a close eye on the speech by the Bank of England Governor, Mark Carney, slated later in the day.
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