Markets Lower Amid Concerns Over Weak Commodity Prices
December 1, 2014 6:23 am
European markets have open in negative territory today, with commodity-related stocks in focus after dismal Chinese manufacturing data released earlier today intensified concerns over weak commodity prices.
Later today, traders will eye UK Markit manufacturing PMI, mortgage approvals and net consumer credit data. Additionally, manufacturing PMI data across Europe and the US will attract market attention for further direction.
European markets have open in negative territory today, with commodity-related stocks in focus after dismal Chinese manufacturing data released earlier today intensified concerns over weak commodity prices.
Later today, traders will eye UK Markit manufacturing PMI, mortgage approvals and net consumer credit data. Additionally, manufacturing PMI data across Europe and the US will attract market attention for further direction.
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