European markets have open in the green today, tracking sharp overnight gains on Wall Street which were triggered after the US Federal Reserve indicated that it would to be patient in raising interest rates and provided an upbeat assessment of the US economy.
Closer home, market participants will keep a tab on UK retail sales data which is likely to show that retail sales grew at a slightly faster pace annually in November. Moreover, German Ifo sentiment indices and US weekly jobless claims data will be on traders’ radar for further direction.
European markets have open in the green today, tracking sharp overnight gains on Wall Street which were triggered after the US Federal Reserve indicated that it would to be patient in raising interest rates and provided an upbeat assessment of the US economy.
Closer home, market participants will keep a tab on UK retail sales data which is likely to show that retail sales grew at a slightly faster pace annually in November. Moreover, German Ifo sentiment indices and US weekly jobless claims data will be on traders’ radar for further direction.
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