European markets have open higher today, rebounding from their previous session losses. Meanwhile, investors continue to track commodity prices which resumed a downward trend today after a sharp rebound yesterday triggered by bargain buying.

Closer home, market participants look forward to today’s report on UK construction PMI which is expected show a decline in November. Additionally, Eurozone producer prices data along with reports on US construction spending and ISM New York index will attract market attention for further direction.

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