Fresh positivism on Wall Street after the ECB meeting

US stock futures wiped out the losses of the early European session after the ECB announced new stimulus. TLTRO or the long-term financing of European banks at low interest rates in order to stimulate consumer lending, which in turn will enable growth in Europe's economy.

Despite the US tariffs imposed on China and other countries, the latest data showed a 10-year peak in trade deficit, so Donald Trump's attempt with the imposition of duties clearly does not produce the desired reduction effect.

The latest strain is linked to Huawei after the Chinese technology giant filed a lawsuit claiming that the US government's limiting sales of technology equipment is unconstitutional. In addition, the index levels are quite high and somewhat a trade deal between China and the US is probably traded, we remain slightly reserved for new purchases.

It is possible at the start of the American session to see a new strong momentum of purchases at the beginning, followed by sales, given that tomorrow is also NFP from SASH. This can give some cooling and caution against stock purchases.

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