After the fall of the Asian markets at night, futures of European indices indicate mixed moods at the start of trading on the Old Continent. New concerns about the slowdown in the Chinese economy and renewed trade strains weigh on the investor sentiment, which has its impact on capital markets around the world.
Indicative opening prices of European stock indices:
UKX: 6,776 +7 points
DAX: 11,222 -15 points
CAC: 4,887 -8 points
Today, the key vote on the Brexit deal in Parliament in the UK will be held. Theresa May has set out to send a strong message to Brussels that the Irish border issue needs to be abolished or radically redesigned and to persuade the EU to change its position so that it can make a new deal through Parliament.
However, according to an EU official, the amendment proposed by Graham Brady has little chance of convincing the bloc to compromise.
The lack of important economic news during the day means that sentiment will be determined mainly by trade tensions, the Brexit deal, and the fears of slowing the global economy, a problem that can be further reinforced by the negative outcome of the first two.
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