Caution before the start of European trading

High-level talks between the US and China began in Beijing. Shares in Asia are traded cautiously, as investors are watching for progress after months of misunderstandings.

There are reports that Donald Trump may extend the deadline for a trade deal with China.

These news brought optimism to traders and assets in Europe are preparing for a start with cautious progress.

Indicative levels of opening of European stock indices:
UKX: 7,175 +10 points
DAX: 11,191 + 9 points
CAC: 5,076 +3 points

Today, the economic calendar is not particularly complete, but the reports to be published are of great importance.

At 9:00 in Germany data on Gross Domestic Product will be published. After all speculation and signals of slowing global growth, the pace of expansion of the world's fourth-largest economy will be a good indicator of where things are going.

It was a strange time for bond and share traders to watch out for every economic reluctance. The government is still lagging behind the reports after the partial closure. After all, the market will finally get retail sales data for the December month in the US today at 3:30 pm. Economists expect an increase of 0.1% and household consumption will account for 70% of the economy.

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