European markets have opened in negative territory today, as the continued drop in oil prices fuelled concerns over the prospect for earnings in the energy sector.
Closer home, data from the BRC indicated that retail sales in the UK declined unexpectedly in December. Later today, traders will keep a tab on UK consumer and retail prices data for further direction. Additionally, the US monthly budget statement and US NFIB business optimism index data will attract market attention.”
European markets have opened in negative territory today, as the continued drop in oil prices fuelled concerns over the prospect for earnings in the energy sector.
Closer home, data from the BRC indicated that retail sales in the UK declined unexpectedly in December. Later today, traders will keep a tab on UK consumer and retail prices data for further direction. Additionally, the US monthly budget statement and US NFIB business optimism index data will attract market attention.”
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