Investors Remain Concerned
October 8, 2013 5:21 amVideo
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European markets have opened mostly mixed today, as some upbeat European economic data was offset by a weakening growth in China’s services sector for September coupled with persisting concerns over the US budget impasse and looming debt-ceiling deadline.
Closer home, investors’ sentiment was boosted after the White House Spokesperson stated that they would accept a short-term increase to the borrowing cap to avoid default. Earlier, data revealed that average house price index in UK increased to an 11 year high reading of 54 in September, compared to 41 in the previous month.
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