New day, new week, new start. However, the sentiment leaves the old - investors continue to be bothered by the slowdown in global growth and remain under the pressure of trade talks. In Asia, markets have remained under the pressure of the bears, and now Europeans are coming to trade.
We expect last week's sentiment to stay, with indexes opening at much lower rates than previous ones. On Sunday, Mueller's report from his Trump investigation was announced as Trump seems to be innocent of whether there was any Russian involvement in the 2016 election. The news for a moment raised US futures, but whether this good news will succeed in inspiring Europe and USA? Asia certainly did not succeed.
Today we have a fairly light calendar for Europe and the US, with the German IFO Business - set indicator being key to tracking. We are also looking forward to Brexit's development with the announcement of May's new action plan after last week the EU gave the green light to the UK to prolong Tokcha 50. This week is expected to hold the third vote of the May deal as the outcome of the vote will determine how and when Brexit will be extended.
Indicative prices of the opening of the main European indices:
DAX: 11143 -176 points
FTSE: 7202 -17 points
CAC: 5277 -15 points
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