What you need to know before the open – 19/11
A lower open for European equity markets this morning, after they saw some of their best levels in five years yesterday. The DAX, S&P 500 and Dow all hit record highs.
In terms of notable data today, investors await Germany's Zew survey at 10am. The survey measures business confidence, and is expected to show that its growing in the Eurozone's largest economy.
ETX Capital #morningcall: FTSE100 down 25 points, DAX lower by 15 and CAC40 off by 12 points.
— ETX Capital (@ETXCapital) November 19, 2013
Key events:
- Italy industrial orders for September at 9.00am.
- Eurozone construction output for September at 10.00am.
- Germany Zew Survey – economic sentiment for November at 10.00am. Expected at 54.0 from 52.8.
- US employment cost index for the third quarter (10 Nov) at 1.30pm. Expected unchanged at 0.5 per cent.