European markets have opened lower today, as dismal Chinese manufacturing data, broadly hawkish FOMC minutes and the IMF’s downbeat assessment of emerging economies weighed on market sentiment. Meanwhile, investors await a slew of economic data from the US and European economies due later in the day.
Closer home, investors would keep a close eye on the Confederation of British Industry’s (CBI) industrial trends survey to get additional clues about the nation’s economic strength.
European markets have opened lower today, as dismal Chinese manufacturing data, broadly hawkish FOMC minutes and the IMF’s downbeat assessment of emerging economies weighed on market sentiment. Meanwhile, investors await a slew of economic data from the US and European economies due later in the day.
Closer home, investors would keep a close eye on the Confederation of British Industry’s (CBI) industrial trends survey to get additional clues about the nation’s economic strength.
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