European markets have opened slightly higher today, reversing the previous session’s losses. However, gains are expected to remain subdued as investors eyed further corporate updates and macroeconomic data to get additional clues on the direction of the market movement.

Closer home, investors look ahead to data that is expected to show that nation’s retail sales had increased 0.4% MoM in December, as compared to a 0.3% increase in the previous month.

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