European markets have opened higher today, as investors await the first testimony to US lawmakers by Janet Yellen, the new chair of the US Federal Reserve, to get clearer views on how committed she is to wind down the Fed’s quantitative easing.
Earlier today, the British Retail Consortium (BRC) reported that, on an annual basis, like-for-like retail sales in the UK increased more than anticipated by 3.9% in January, compared to a 0.4% rise recorded in December.
European markets have opened higher today, as investors await the first testimony to US lawmakers by Janet Yellen, the new chair of the US Federal Reserve, to get clearer views on how committed she is to wind down the Fed’s quantitative easing.
Earlier today, the British Retail Consortium (BRC) reported that, on an annual basis, like-for-like retail sales in the UK increased more than anticipated by 3.9% in January, compared to a 0.4% rise recorded in December.
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