European markets have opened mixed today, amid uncertainty over the US Federal Reserve’s tapering timeline. Meanwhile, US lawmakers reached a deal to reduce automatic spending cuts and provide $23 billion in deficit reduction spread over two years.
With no release of major domestic economic data during the day, investors would keep a close eye on US monthly retail sales data, due tomorrow, and the US Fed decision on its interest rates and stimulus, due next week.
European markets have opened mixed today, amid uncertainty over the US Federal Reserve’s tapering timeline. Meanwhile, US lawmakers reached a deal to reduce automatic spending cuts and provide $23 billion in deficit reduction spread over two years.
With no release of major domestic economic data during the day, investors would keep a close eye on US monthly retail sales data, due tomorrow, and the US Fed decision on its interest rates and stimulus, due next week.
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