Markets Mostly Weaker; UK GDP And US Economic Data In Spotlight
January 27, 2015 6:13 am
European markets have opened mostly lower today. In major news, Standard & Poor’s Ratings Services downgraded Russia’s sovereign credit rating to “Junk” late yesterday.
Closer home, traders will keep a tab on UK GDP and mortgage approvals data scheduled for release later today. Moreover, a series of US economic releases, including consumer confidence, durable goods orders and new home sales, will be closely tracked for further direction.
European markets have opened mostly lower today. In major news, Standard & Poor’s Ratings Services downgraded Russia’s sovereign credit rating to “Junk” late yesterday.
Closer home, traders will keep a tab on UK GDP and mortgage approvals data scheduled for release later today. Moreover, a series of US economic releases, including consumer confidence, durable goods orders and new home sales, will be closely tracked for further direction.
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