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
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.