European markets have opened in positive territory, mirroring overnight gains on Wall Street, after the US Federal Reserve stated that the US economic recovery is gaining traction and reiterated its commitment to maintain its accommodative monetary policy stance.
Closer home, investors will focus on UK retail sales and CBI’s industrial trends survey for selling prices and total orders data. Additionally, US weekly jobless claims data will be eyed for further direction.
European markets have opened in positive territory, mirroring overnight gains on Wall Street, after the US Federal Reserve stated that the US economic recovery is gaining traction and reiterated its commitment to maintain its accommodative monetary policy stance.
Closer home, investors will focus on UK retail sales and CBI’s industrial trends survey for selling prices and total orders data. Additionally, US weekly jobless claims data will be eyed for further direction.
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