European market are expected to open mixed on Tuesday morning after the president of the European Central Bank, Mario Draghi, defended the bank's loose monetary policy and said a premature ending to easing could lead to another recession.
The FTSE 100 is about to open at 7454 or 3 points higher. The German DAX30 is expected to start the session by 30 points down to 12745. The French CAC40 trades with a slight decrease of the trailer at 5287 or 12 points lower.
Yesterday, the Euro fell after Draggy's comments, but currently trades at $1.1197 or 20 pips higher for the day.
Here are the events that will move markets today:
11:00 - EU - ECB President Draghi Speaks
11:05 - USA - FOMC Member Williams Speaks
11:30 - Australia -RBA Assist Gov Debelle Speaks
12:30 - United Kingdom - BoE Financial Stability Report
13:00 - United Kingdom - BoE Gov Carney Speaks
17:00 - USA - CB Consumer Confidence
18:15 - USA - FOMC Member Harker Speaks
20:00 - USA - Fed Chair Yellen Speaks
Jr Trader Petar Milanov
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