European markets have opened lower today, amid intensifying concerns that the US Federal Reserve could signal the start of a reduction in its stimulus programme at its policy-setting meeting this week. Adding to the negative sentiment, a preliminary private survey showed that Chinese manufacturing activity expanded at its slowest rate in three months in December.
Closer home, Rightmove reported that house prices in the UK declined 1.9% MoM in December, compared to a 2.4% drop in the previous month. Later, investors would keep a close eye on the release of PMI data from major European nations along with Eurozone trade data.
European markets have opened lower today, amid intensifying concerns that the US Federal Reserve could signal the start of a reduction in its stimulus programme at its policy-setting meeting this week. Adding to the negative sentiment, a preliminary private survey showed that Chinese manufacturing activity expanded at its slowest rate in three months in December.
Closer home, Rightmove reported that house prices in the UK declined 1.9% MoM in December, compared to a 2.4% drop in the previous month. Later, investors would keep a close eye on the release of PMI data from major European nations along with Eurozone trade data.
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