Money Flows before the start of European trading this morning

The dollar has maintained its stable position for the time being, while markets continue to remain on the optimistic side, reinforced by the hopes of yesterday's increase.

The stock kept its strong levels during the Asian session, with the futures of major US stock indexes up. These attitudes will also spread in Europe, where indexes are expected to open upwards.

Looking ahead to the session, we expect retail sales data in Germany, which will show the purchasing power in the country amid mounting fears of an impending recession. For now, sales remain one of the small bright spots in the local housekeeper, so this will be a good indicator.

As the day progresses, traders will also keep an eye on euro area inflation news, which is expected to decline, but still remain at normal levels without causing much turmoil in the stock markets.

Today is the last day of weekly and monthly trading, so investors will remain cautious in trading. I do not expect major increases or clear directions, with market participants remaining focused on the trade rhetoric and Boris Johnson's struggle in the UK to move the country out of the bloc.

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