Money Flows before the start of European trading today

After the positive US session and the good performance of Asian assets at night, European markets are preparing for a cautiously - negative start of trade today.

There, core stock indices will start trading with minimal declines.
UKX: 7,165 -4 points
DAX: 11,355 -9 points
CAC: 5,065 -6 points

At 9:00 in Germany, we expect data on factory orders in the world's fourth largest economy. As Germany is highly oriented towards production, these numbers will have a particular weight on the performance of the index during the day.

In the afternoon, preliminary data on US Gross Domestic Product will also be published, giving them signals of the impact of US-China trade conflicts.

Despite the signs of progress between the two countries, Trump continues to comment that China has taken advantage of unfair commercial practices and for years has been stealing intellectual property that damages the US labor force. Indeed, market participants are already accustomed to the President's frequent attacks, but his economic advisors go to China for the next meeting on trade talks, which is a potential catalyst for markets this week. The negative opening of the European indexes after two strong sessions in the United States and China are clear about that.

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