European markets have opened higher today, mirroring sharp gains on Wall Street, after the US Federal Reserve decided to modestly trim the pace of its monthly asset purchases and vowed to keep interest rates low. Meanwhile, European Union Finance Ministers have struck a deal on a much-awaited scheme to handle bank failures in the Eurozone, ahead of EU leaders’ summit in Brussels due later in the day.
Closer home, investors await economic data which might show that the nation’s retail sales increased 0.3% MoM in November, compared to a 0.7% decline in the previous month.”
European markets have opened higher today, mirroring sharp gains on Wall Street, after the US Federal Reserve decided to modestly trim the pace of its monthly asset purchases and vowed to keep interest rates low. Meanwhile, European Union Finance Ministers have struck a deal on a much-awaited scheme to handle bank failures in the Eurozone, ahead of EU leaders’ summit in Brussels due later in the day.
Closer home, investors await economic data which might show that the nation’s retail sales increased 0.3% MoM in November, compared to a 0.7% decline in the previous month.”
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