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Money Flows before the start of European trading

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Despite the mixed moods in Asia that arose from the expectation of the US elections later in the day, European traders take over in their own hands, with major stock indices on the old continent starting with rises.

Market uncertainty in recent weeks and bad stock market results in October have failed to shake the confidence of participants by buying the dip attitude for the time being seems to be the most likely strategy. Technological stocks have lost quite a lot in recent days, but this does not despair investors - on the contrary, it provides them with relatively cheap purchase levels.

Indicative opening prices of European stock indices:
UKX: 7,119, 18 points profit
DAX: 11,528, 21 points profit
CAC: 5,119, 12 points profit

The economic calendar today does not provide important news, with a focus on the results of early US senate elections. Commercial rhetoric has also remained at the forefront, with many speculations about a positive deal, which were later rejected by the Trump administration. The US president has seriously challenged everyone who opposes and violates his sanctions against Iran, adding that it will crush their economy. Despite the President's grave tone, Iran has commented that they have absolutely no intention of stopping oil trading.

Photo: pixabay.com


 Trader Aleksandar Kumanov

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