European markets have opened mixed today, as Kansas City Fed President Esther George’s criticism regarding US Fed’s decision to delay tapering of its $85 billion per month asset purchases along with concerns over ongoing US budget and debt negotiations, offset gains in the overnight US and today’s Asian markets.
Closer home, the Nationwide Building Society revealed that the UK housing prices increased 5.0% YoY in September, higher than a 3.5% increase in the previous month. Meanwhile, markets also digested the Bank of England’s Governor Mark Carney comment that the central bank sees no need for more bond-buying.
European markets have opened mixed today, as Kansas City Fed President Esther George’s criticism regarding US Fed’s decision to delay tapering of its $85 billion per month asset purchases along with concerns over ongoing US budget and debt negotiations, offset gains in the overnight US and today’s Asian markets.
Closer home, the Nationwide Building Society revealed that the UK housing prices increased 5.0% YoY in September, higher than a 3.5% increase in the previous month. Meanwhile, markets also digested the Bank of England’s Governor Mark Carney comment that the central bank sees no need for more bond-buying.
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