European markets have opened flat today, as investors await a raft of economic data from the Eurozone and the US.

Closer home, data revealed that the GfK consumer confidence index stood unchanged at -7 in February after showing a remarkable improvement in the previous month while the Nationwide house prices rose more than expected in February. Later today, the BoE Governor Mark Carney’s speech along with Eurozone consumer prices and US revised GDP data would remain on traders’ radar.

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