Money Flows before the start of Europe

A new day, a new week, and Asia is starting to be unsettled compared to last week's euphoria. The enthusiasm about the trade war and expectations against the Fed for the rate cut began to subserve.

Namely, the futures of the main European indices point to a weaker opening, as we expect the sentiment to remain "more tight" today against the backdrop of winning profits and the upcoming important events this week. The next day is the G-20 meeting in Osaka, focusing on the meeting between Xi and Trump. Expectations, however, are not as high as a result, and investors remain reserved that a deal will ever happen. The stakes are that at least a "constructive" talk will take place, leading to the next meeting and thus restarting the negotiations.

Markets will focus on this, at least for the time being, but remain under the shadow of the Fed and the central bank's plans to cut interest rates. European traders, of course, will remain nervous about the G-20, the Fed and the situation in the Eurozone.

We are also expecting the development of the situation between Iran and the United States today. It is expected today that the US will impose new sanctions on the Islamic state after the escalation from the mine a week. But the droning dron seems to be not enough for Trump to launch a new military campaign.

Today, the economic calendar will only give us an IFO business climate for Germany, and we expect a reaction to the markets after the data. Given the lack of data today for the United States, we are now looking specifically for Europe to be driven by the upcoming events and the still existing geopolitical uncertainty. Today trade will be a cautious note.

Read more:

• Risk off after the escalation in the Middle East, markets are recovering in a period of calm
• The macroeconomic events for today’s trading calendar
• The US government has confirmed the attacks, Trump is calling an emergency staff meeting
• Has the war between Iran and the US started?
• US markets remain under pressure, traders await Iran’s response