European markets have opened lower today, as traders took a breather after yesterday’s gains. Meanwhile, the US and the European Union unveiled fresh sanctions against Russia yesterday.
With no major domestic economic releases today, market participants will focus on the final Eurozone consumer inflation data and earnings updates from some major European companies due later today. Additionally, a slew of US economic data due later today will be closely tracked for indications on the timing of an interest rate hike.
European markets have opened lower today, as traders took a breather after yesterday’s gains. Meanwhile, the US and the European Union unveiled fresh sanctions against Russia yesterday.
With no major domestic economic releases today, market participants will focus on the final Eurozone consumer inflation data and earnings updates from some major European companies due later today. Additionally, a slew of US economic data due later today will be closely tracked for indications on the timing of an interest rate hike.
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