The indices in Europe will open higher, after Asian markets were trading higher. The Rally is possible to continue by the weak yen and higher price of the Oil.
The price of Oil did correct down during the Asian session, but up side is still in play. After the speech from Kuroda, japanese currency remains weak and "Risk on" sentiment is still the dominant one of the markets. The US dollar remains strong.
We are expecting Services PMI from Europe and we might see higher prices for the indices if data is better than expected.
FTSE will open higher around 7,194, DAX will open around 11,609, CAC will open around 4,911
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