After the strong Asian session, positivism will shift to Europe, despite the upcoming Fed meeting and worsening US-China relations. At the start of the European interbank market, cash flows will be focused on further JPY sales and futures on European indices. We will probably see an outflow of funds from the energy sector that will accumulate lower oil prices as a result of higher US oil reserves, according to the API. This, in addition to the Fed's upcoming Fed's key interest rate decision, is likely to beat the growth of European stocks later in the European session.
Today, the focus will be the Fed's decision on the basic interest rate at 21:00, the bank report and the Jerome Powell statement at 21:30.
Indicative prices for opening up European stock indices
UKX: 7507 GBP
DAX: €12406
CAC: €5488
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