Fresh EU And US Sanctions Against Russia Hurt Investors’ Sentiment
July 30, 2014 5:11 am
European markets have opened in the red today, as traders refrained from taking riskier bets following the European Union (EU) and the US decision to impose fresh sanctions against Russia.
Closer home, traders will eye UK GfK consumer confidence and Lloyds business barometer due later today. However, the main focus will be on the US Federal Reserve Bank’s policy decision and US second-quarter Gross Domestic Product (GDP) data to get cues regarding the outlook for interest rates. Additionally, a slew of earnings updates from some major European companies and economic releases, including Eurozone consumer confidence and German consumer prices, will be closely tracked for further direction.
European markets have opened in the red today, as traders refrained from taking riskier bets following the European Union (EU) and the US decision to impose fresh sanctions against Russia.
Closer home, traders will eye UK GfK consumer confidence and Lloyds business barometer due later today. However, the main focus will be on the US Federal Reserve Bank’s policy decision and US second-quarter Gross Domestic Product (GDP) data to get cues regarding the outlook for interest rates. Additionally, a slew of earnings updates from some major European companies and economic releases, including Eurozone consumer confidence and German consumer prices, will be closely tracked for further direction.
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