European markets have opened in the green, rebounding from the previous session’s losses triggered by disappointing economic reports from China. However, gains remained capped, amid continued tensions in Ukraine.
Closer home, the British Retail Consortium reported that like-for-like retail sales in the UK dropped unexpectedly by 1.0% YoY in February compared to a 3.9% rise recorded in January. Later today, UK industrial and manufacturing production data coupled with GDP forecast from the NIESR would grab market attention.
European markets have opened in the green, rebounding from the previous session’s losses triggered by disappointing economic reports from China. However, gains remained capped, amid continued tensions in Ukraine.
Closer home, the British Retail Consortium reported that like-for-like retail sales in the UK dropped unexpectedly by 1.0% YoY in February compared to a 3.9% rise recorded in January. Later today, UK industrial and manufacturing production data coupled with GDP forecast from the NIESR would grab market attention.
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