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European Stocks to open Lower

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European Stocks to open Lower, despite a higher close of the most Asian indices. Only the Nikkei 225 index was under pressure, partly due to the continued strength of the Yen.

Price of Oil increased up to $40 per barrel. The next Opec meeting is scheduled for April 17, 2016, where Russian will take part as well.

During the meeting of Euro leaders, Mario Draghi warned that his actions alone will not have the intended effect and just start the Euro economy, without the reaction and structural reforms by the governments as well.

Today we expect rate decision from Russia and financial reports from Generali,Statoil, Lukoil, Berkeley Group and UBS.

FTSE to open around 6,200, DAX to open around 9,867, CAC to open around 4,432

Jr. Trader - S. Fuchedzhiev 


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