Ben Cooper of City Index (http://www.cityindex.co.uk/) presents a round-up of the key market news shaping price movements today and in the near future:
- Positive corporate data has lifted European stock markets this morning.
- The FTSE is up 38 points to 5548, while the German DAX is up 35 points to 5964.
- In companies, Cairn Energy is up 3% following a positive update on their Greenland operations.
- Vodafone is up 2.5% after the firm lifted its full-year profit guidance.
- Later today, all eyes will be on the crucial Italian budget vote, especially after bond yields reached record levels yesterday.
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