Cash flows before the European session: risk appetite and good news about the negotiations

Cash flows on the first day of the new week remain focused on risky assets. The sentiment is still lingering on the recent news that China is compromising on intellectual property protection and after the Global Times news that the talks are going very well in conflict with the conflicting headlines.

Negative rhetoric is also intertwined with positive rhetoric, as earlier today there was a statement that Phase 1 might not be reached by the end of this year, and Phase 2 was said by the Chinese that it could be talked about after the presidential election. . Xi will wait for an election to make sure Trump wins before finally finalizing the deal.

The yen remains weak, trading at 108.820 - 24 after the positive news. The euro is advancing against the US dollar. The futures of the European indices point to a stronger opening, and today we will expect European traders to have an appetite risk. Gold is giving way and oil is also starting positive because of the news around the talks. Today, the economic calendar is poorly saturated, with Europeans also monitoring Germany's GfK consumer climate.

Bitcoin continues to thaw under pressure from China after PBoC counter-measures against BTC scammers. The price is already under $ 6,500 and we expect sales to continue there.

The British pound holds positions. Traders are hopeful that the election will be won by the BJ party, and he has promised that if he wins, he will call a new Brexit vote before Christmas.

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