European markets have opened slightly higher today, as another batch of upbeat US economic data along with a statement from IMF Managing Director Christine Lagarde that the global economy would strengthen in 2014, boosted investor sentiment. However, gains are expected to be capped, on profit booking.
Closer home, a survey by the Royal Institution of Chartered Surveyors (RICS) indicated that UK housing price expectations hit 14-year high in December. Later, investor would keep a close eye on the release of the ECB monthly report along with Eurozone consumer inflation figures, due later in the day, to gauge the market direction.
European markets have opened slightly higher today, as another batch of upbeat US economic data along with a statement from IMF Managing Director Christine Lagarde that the global economy would strengthen in 2014, boosted investor sentiment. However, gains are expected to be capped, on profit booking.
Closer home, a survey by the Royal Institution of Chartered Surveyors (RICS) indicated that UK housing price expectations hit 14-year high in December. Later, investor would keep a close eye on the release of the ECB monthly report along with Eurozone consumer inflation figures, due later in the day, to gauge the market direction.
Related Posts: