Markets Open Weaker; Spotlight On Economic Releases
August 28, 2014 5:14 am
European markets have opened lower today, as traders await a slew of key economic releases from the Eurozone and the US for cues on future policy moves by the European Central Bank and the US Federal Reserve.
Closer home, UK GfK consumer confidence, Lloyds business barometer, Hometrack Housing Survey and the Confederation of British Industry distributive trades survey will garner market attention. Meanwhile, the main focus will be on German consumer price inflation and unemployment figures along with revised US second-quarter GDP data for further guidance.
European markets have opened lower today, as traders await a slew of key economic releases from the Eurozone and the US for cues on future policy moves by the European Central Bank and the US Federal Reserve.
Closer home, UK GfK consumer confidence, Lloyds business barometer, Hometrack Housing Survey and the Confederation of British Industry distributive trades survey will garner market attention. Meanwhile, the main focus will be on German consumer price inflation and unemployment figures along with revised US second-quarter GDP data for further guidance.
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