European markets have opened in the red today, a day after the Swiss National Bank (SNB) decided to abandon its minimum ceiling rate against the Euro and lowered its key interest rate further into negative territory.
In the absence of domestic economic releases today, traders will closely eye consumer price inflation reports in the Eurozone and the US due later in the day. Furthermore, industrial and manufacturing production data along with Reuters/Michigan consumer sentiment index in the US will attract market attention.
European markets have opened in the red today, a day after the Swiss National Bank (SNB) decided to abandon its minimum ceiling rate against the Euro and lowered its key interest rate further into negative territory.
In the absence of domestic economic releases today, traders will closely eye consumer price inflation reports in the Eurozone and the US due later in the day. Furthermore, industrial and manufacturing production data along with Reuters/Michigan consumer sentiment index in the US will attract market attention.
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