European markets set for lower open after weak China data. China's economy continues to disappoint investors.In Asia, stock markets were down across the board.
The ECB continues to speak cautiously of a heightened risk of a prolonged period of very low inflation in Eurozone in view of falling commodity prices and slowing growth in emerging economis.This strengthens speculations that the ECB is possible to take new stimulus measures before the end of 2015.
Yesterday by Reuters Mrs Merkel demonstrated calm about the risks after the early elections on 20 September in Greece and the possibility the new government in Athens to deviate from the terms of the agreement with international lenders.
Expected series PMI for the Eurozone and employment data in Germany.
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.