Bad news from Eurozone downgrading makes the major U.S. index futures are pointing to lower opening on Tuesday, with renewed concerns about the financial situation in Europe likely to contribute to early weakness on Wall Street. The downward momentum for the markets is partly due to renewed concerns about the financial situation in Europe following troubling remarks from Moody's to several Eurozone members
Meanwhile we reported, UK House Prices Fall Again In January: RICS, House prices in the UK declined again in January, it seems goes bad, but sales activity improved as home-buyers rushed to take advantage of the stamp duty exemption, which is set to expire in March
By the way, from Japan economic news we reported, Bank of Japan Enhances Monetary Easing; Sets Near-Term Price Target, The Bank of Japan unexpectedly eased monetary policy on Tuesday by increasing the size of its asset purchase by JPY 10 trillion to JPY 30 trillion, after the economy contracted more than expected in the fourth quarter.
Eurozone leader Germany have a great investor confidence data, we reported German Investor Confidence Highest Since April 2011, German investor sentiment rose to a ten-month high in February, indicating that the recent slowdown in economic growth may not last. It still exist
So we back to Brittania, U.K. January Inflation Falls To 14-Month Low, U.K. annual inflation slowed in January as expected by economists to the lowest since November 2010, as the impact of the value added tax hike dropped out of the annual comparison, data from the Office for National Statistics showed Tuesday.
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