Positive Money Flow at the Start of European Markets

12.11.2018 / 07:36

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The good mood of the Asian session begins to spread to the Old Continent. The commerce deal on Monday is positive.

FTSE 100 futures are up 51 points.

DAX's futures are up 67 points.

The CAC 40 futures are up 26 points.

Here too, we remind you that today's calendar is without major events for the markets, with Canada and the United States having a holiday. Here as well as the US Session we expect liquidity to be low. As Asia recovered, in the meantime oil was in focus by launching the week with rises after the news came out that OPEC would start next year's oil production constraints to balance oil prices. Saudi Arabia has made a decision for itself as from December will begin with the reduction in supplies.

The pound is also in focus today, starting weaker after the news came that Therese May has given up on today's emergency meeting between the cabinet on the Brexit talks. All eyes are now on the upcoming meeting of the cabinet on Tuesday.

Trader Martin Nikolov

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Positive Money Flow at the Start of European Markets

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