European markets will open higher, despite of the shaky performance of Asian markets.
German DAX will open 30 points higher at 11579, France CAC 7 points higher at 4877 and London FTSE by 20 points higher at 7241.
The statement of Theresa May from yesterday was positive for the stocks market as the Prime Minister of UK sees an opportunity for development and reforms in Brexit vote.
However, we must not forget that the new elected US president inauguration will take place on Friday, January 20, which suggest some caution on the stock markets.
Crude oil continues to trade in consolidation at $52,64 for a barrel.
By the economic calendar today, investors will focus on Unemployment Rate levels data and Average Earnings in UK at 11:30am, Consumer Price Index (CPI) at 12:00am and CPI for USA at 3:30pm.
Read more:
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.