Positive mood before the start of the European trading session

Asian markets have begun and completed their first trading session for the new week on green territory after investors took "risky" positions after the better China data on Friday. Trading has held a positive sentiment after Mnuchin's statement that the talks are "very close to final rights."

For Europe, we expect the positive sentiment to remain unchanged, as markets indicate opening higher than Friday. Holding the positive sentiment from the promising investors for a forthcoming deal will cause bulls to experience new day peaks or at least green land retention.

Brexit postponed for October 31, 2019, but that does not mean we will not witness again the political maneuvers, rumors and news about May, her battle and the actions of her "enemies."

Today, the calendar is more tight, with only a US foundation for the NY Empire State Production Index, excluding any movement from a foundation in the calendar as a whole today. The markets will be at the mercy of the trade negotiations and Brexit. In view of this, we also expect a relatively calm day on a trade for Europe.

Later, during the US session, we expect the Cisco and Goldman Sachs reports.

Indicative opening prices of major European indices:

DAX: 12022 +7 points

FTSE: 7444 +2 points

CAC: 5510 +3 points

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