European markets have opened mixed today, ahead of monetary policy statements from the European Central Bank and the Bank of England due later in the day. Both central banks are expected to leave monetary policies unchanged, but the ECB might remind markets that it could ease monetary policy further if inflation stays too low or money market conditions tighten.
Earlier, a survey by Markit Economics and KPMG revealed that job placements in the UK increased at a significantly faster pace in December. Later, investors would keep a close eye on the release of the UK trade balance data to determine the strength in the nation’s economy.
European markets have opened mixed today, ahead of monetary policy statements from the European Central Bank and the Bank of England due later in the day. Both central banks are expected to leave monetary policies unchanged, but the ECB might remind markets that it could ease monetary policy further if inflation stays too low or money market conditions tighten.
Earlier, a survey by Markit Economics and KPMG revealed that job placements in the UK increased at a significantly faster pace in December. Later, investors would keep a close eye on the release of the UK trade balance data to determine the strength in the nation’s economy.
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