Money Flows before the start of European trading today

After the negative session on Wall Street, the markets in Asia remained mixed. Chinese stocks gained in morning trade as the country began its annual parliamentary meeting where Prime Minister Li Kequiang said the country must be prepared for heavy battle as it faces a difficult environment. Uncertainty is shifting to Europe, where futures on major stock indices point to the hesitant start of today's session.

Indicative opening prices of European stock indices today:
UKX: 7,129 +7 points
DAX: 11,559 -3 points
CAC: 5,283 +6 points

The combination of domestic incentives and a successful trade deal between the US and China may be the necessary force to bring about a dramatic increase in global investor confidence. Currently, traders are still trading on the "let's wait and see" principle, which is also easily noticed in the graphs of indices that are desperately looking for direction.

Part of the market downs can also be written on under the potential for the entire optimism surrounding the trade deal to be reflected in asset prices. In such a case of "buy the rumor, sell the news" when the deal happen may witness profit taking and closing of positions, which will accumulate sales and will have a negative effect on global equities.

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