Today, European markets will open with positive sentiment, as positivism Asian session will be transferred to Europe.
German DAX30 index starts session with an increase of 13 points of price 11 991. The French CAC40 will start trading levels 4989 or by 12 points higher than the close yesterday. UK100 will add 4 points more opening and will be around 7366 levels.
Today, during the European trading session, investors will focus their attention first to Germany where at 09:00 will be published data on factory orders. Then at 09:45 it will be announced budgetary balance of France. 10:30 expect data on the index of house prices Halifax from Britain. At 12:00 we expect the publication of GDP data for the euro area.
At present, the euro is grieving with a slight increase compared to yesterday's levels of 1.0588 dollars per euro. If today there are better data from Germany, France and the euro zone can observe growth in the currency.
Gold decline yesterday and today traded without much major change at levels of $1225.80. If today the markets continue to move upward is likely to see a subsequent drop in the precious metal.
Yen and oil are traded without much modification.
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