European markets have opened in the red today, mirroring losses in US and Asian equity markets, as commodity prices declined after the World Bank lowered its global economic growth forecast for 2015 and 2016.
Later today, market participants will keep a tab on the Conference Board’s leading economic index in the UK for further direction. Moreover, Eurozone industrial production data along with the US Federal Reserve’s Beige Book and US retail sales data will garner investors’ attention.
European markets have opened in the red today, mirroring losses in US and Asian equity markets, as commodity prices declined after the World Bank lowered its global economic growth forecast for 2015 and 2016.
Later today, market participants will keep a tab on the Conference Board’s leading economic index in the UK for further direction. Moreover, Eurozone industrial production data along with the US Federal Reserve’s Beige Book and US retail sales data will garner investors’ attention.
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