Markets Lower After Yesterday’s Gains; Geopolitical Developments In Focus
August 12, 2014 5:10 am
European markets have opened in the red today, with investors taking a breather following the previous session’s sharp gains. Amid lack of fresh catalysts, traders continue to track developments in Iraq, Gaza and Ukraine.
With no domestic economic releases, market participants will eye Eurozone and German ZEW sentiment indices data, slated for release later today. Across the Atlantic, the US monthly budget statement will attract market attention for further direction.
European markets have opened in the red today, with investors taking a breather following the previous session’s sharp gains. Amid lack of fresh catalysts, traders continue to track developments in Iraq, Gaza and Ukraine.
With no domestic economic releases, market participants will eye Eurozone and German ZEW sentiment indices data, slated for release later today. Across the Atlantic, the US monthly budget statement will attract market attention for further direction.
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