Stock indexes remain supported in anticipation of the ECB meeting

EURUSD Continued downward movement before in anticipation of the meeting of the European Central Bank. Today the ECB will decide in what direction will focus monetary policy of the bank, according to most analysts, Mario Draghi and company will begin a program to buy government securities, and the plans are for the merger of around € 58 billion per month. If this happens it is very likely to see fall to the single currency. Over the weekend, we also expect the elections in Greece, as if anti-European party SYRIZA won the elections, it can put pressure on the EUR.

GBPUSD may see a correction in the coming days due to better data from the UK yesterday. However, sentiment remains in favor of the dollar due to expectations of an increase in interest rates.

European indexes are supported by the expected stimulus from the European Central Bank. If this happens will probably see new longovi movements of European equities. Today impact on the indices are likely to have and retail sales in Italy, and the level of unemployment in Spain.

Sentiment for US stocks remains polozhitel, amid the decline in oil prices, which affect the entire energy sector. Speech of US President Barack Obama yesterday, who said that the country's economy is the fastest growing since 1999, and the strengthening of trade relations with Asiana. The expected quantitative easing by the European Central Bank, probably, will also positively affect US stock indexes.

Varchev Finance