European markets have opened in positive territory today. Traders will closely watch a slew of key economic releases and continue to track geopolitical developments in Ukraine, Iraq and Gaza.

Closer home, market participants will keep a close eye on UK claimant count change and ILO unemployment rate data which is expected to indicate an improvement in UK employment. Additionally, the Bank of England’s (BoE) quarterly inflation report and a speech by BoE Governor Mark Carney will be in limelight.

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