Markets Mostly Higher After Chinese Premier’s Comments
March 13, 2014 6:15 am
European markets have opened mostly in the green, after Chinese Premier Li Keqiang pledged to provide a stable environment for economic growth. However, data released earlier today indicated a slowdown in the Chinese economy.
Closer home, the Royal Institution of Chartered Surveyors has reported that the house price balance in the UK dropped to a reading of 45.0 in February from a revised reading of 52.0 recorded in January. Going forward, investors would eye the ECB monthly economic report and US retail sales data for further cues.
European markets have opened mostly in the green, after Chinese Premier Li Keqiang pledged to provide a stable environment for economic growth. However, data released earlier today indicated a slowdown in the Chinese economy.
Closer home, the Royal Institution of Chartered Surveyors has reported that the house price balance in the UK dropped to a reading of 45.0 in February from a revised reading of 52.0 recorded in January. Going forward, investors would eye the ECB monthly economic report and US retail sales data for further cues.
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