European markets await the publication about ECB's monetary policy.

European markets are rather in a wait before the publication of the ECB Account of Monetary Policy Meeting from the last meeting of the ECB's monetary policy. The publication is expected around 14: 30h.

Shares in Europe are somewhat divided after a string of weaker data for Germany, unpredictable geopolitical moves Russia long holiday in China and slowing global economy. On the other hand, they provide opportunities for venture Trade and generally moves are mixed.

The financial sector suffered visible after the drop in the quotations of the main lenders such as Commerzbank, Societe Generale, BNP Paribas, Deutsche Bank ... After the problems caused by Volkswagen, Deutsche Bank also became the center of attention, not only with large-scale investigations for money laundering Russian units, but on rumors that the bank will announce losses of € 6 billion before taxes. However, they recovered part of the losses after an analysis in which it is claimed that the capital increase will not be necessary if the company decided not to pay a dividend this year. Italian Unicredit, the Spanish BBVA and Banco Santander also decreased.

News not highly optimistic will probably strengthen neutral mood, investors will either wait or will close long positions to realize gains achieved against fears of a possible correction.

G.Hristov / Head of Fundamental Analyzes