European markets have opened in negative territory today, mirroring losses on Wall Street and in Asian markets, as geopolitical concerns in Iraq intensified following reports that Syrian aircrafts conducted air strikes against ISIS military targets in western Iraq.

Closer home, traders will track the Confederation of British Industry’s distributive trades survey data due later today. Across the Atlantic, a slew of US macro releases, especially the revised Gross Domestic Product and durable goods orders data, will attract market attention.

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