News Headline Summary
Encouraging set of earnings, from the likes of Siemens and SocGen, result in a positive open for EU equity markets but the price action has been range bound so far as market participants look forward to the MPC and ECB meetings later on in the session
Analysis details (08:51)
- SP/GE 10s little changed, in spite of supply from the Spanish Treasury at 0930GMT, looking to auction combined EUR 4.5bln.
- Both the ECB and the BoE expected to leave the respective borrowing rates unchanged and the MPC are set to refrain from boosting the APF.
08 Nov 2012 - 08:35
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