Money Flows before the start of the European trading

After another good session on Wall Street, positivism moved to Asia, where he was welcomed with a certain amount of caution, and assets in the region recorded profits, although they were modest. Now, these attitudes are also being transferred to Europe where futures on major stock indices point to a moderately positive start of the session.

UKX: 7,410 + 5 points
DAX: 11,999 + 12 points
CAC: 5, 469 +3 points

The sessions in Europe remain relatively calm, and we only expect at 9:00 the data on Industrial Production in Germany. The world's fourth largest economy is highly production-oriented, so worse performance here will have a negative effect on the common currency and the German DAX stock index.

The focus of the economic calendar falls in the US, where at 15:30 we expect the data for the government payroll for March. Stronger than expected values ​​will support the US currency, while worse will have a negative effect. An increased volatility is expected during the announcement of the result.

There were speculators at night for the US-China trade deal. Trump commented that they are closer than ever before signing an agreement, although there are a few more key points for a debate. Generally nothing new - rumors of progress, immediately following a comment on how much more work to do. Markets have become accustomed to this pattern of behavior and will now need something black on white to have an impact.

Read more:

• US – Iran – Iraq tension remain the main driver of the stock market today
• How top market players on Wall St think 2020 will look like on financial markets
• Money Flow before the start of the new trading week
• Cincinnati Financial Corporation (CINF.US) -Opportunity for long positions
• Asia stocks gain as Fed signals no rate cuts in 2020