Money Flows before the start of Europe

Are we going to see Europe's stock market indices still green today? It is quite possible that the wave started from Wall Street with renewed optimism as a result of the good news from China, which softened tensions in the wake of the war. The positive wave was felt and traded in Asia as well.

Indicative levels of opening up Europe:

DAX: +21

FTSE: +24

CAC: +13

The expectation of a positive start is also supported by Theresa May's yesterday's success in winning the vote of mistrust, though this is seen by skeptics as a triumph without victory. The situation has not changed. She criticized that her victory yesterday was more about the big promises of making a better deal and her rhetoric that she would not lead the party if there were new extraordinary elections. What he has managed to do is the opposition's inability to call a new vote of no confidence in the next 12 months. However, it is still a difficult task for May to persuade Parliament to make the right choice.

Today, we have a decision of the ECB on the interest rate as well as a press conference by Mario Draghi. Investors and traders will watch the event with caution, with the expectations you can read here.

Photo: Pixabay

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