European indices have opened trading in the red, reversing some of last week's gains, as investors take profits ahead of a crucial week for of UK data.
The FTSE 100 has notched up a 7% gain since the turn of the year, supported by a brighter global economic outlook and improving corporate earnings figures. However in early trading this morning, London's leading share index declined 0.37% or 22 points to 5,943, as investors took profits. Investors were cautious ahead of a week which will see the latest inflation figures as well as Wednesday's Budget. In Europe the French Cac also fell 0.53% to 3,575, while the German Dax dropped 0.36% to 7,132. Meanwhile, Asian markets rose overnight with Japan's Nikkei 225 posting its fifth str...
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