Increased probability for a interest rate hike in USA on the next FED meeting is positive for the bank stocks.
The statement from yesterday made by the ECB Mario Draghi suggests that the easing policies by ECB are likely to end soon, as inflation shows a pick up, which will also support bank sector.
Sentiment supports bank stocks at all, so we can look for long positions here: DBK-DE,CBK-DE, BNP-FR и GLE-FR.
It is good to look for long positions on the US bank stocks after the USA markets open.
Jr. Trader Nikolay Georgiev
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