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Positive sentiment before the start of the EU session

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Asian markets posted modest increases. Now, these timid notes of optimism are also being transferred to Europe, where the futures of major stock indices point to rises. This optimism comes from the good moods before meeting Trump and Kim Jong Un in Vietnam.

Indicative opening prices of core European indices
UKX: 7,143 +6 points
DAX: 11,540 +7 points
CAC: 5,237 +7 points

We have seen this scenario before. Many catalysts hang on the edge, traders allow for timid purchases, the session starts positively and shortly afterwards everything turns red. Investors have a difficult encounter with the truth. All the speculation between the US and China remains the only one and as long as there is no evidence of black and white, moods will remain volatile. A deal will be reached - the question is when and how. The same can be said about Brexit. There will be a split, the important thing is how it will happen. May has managed to delay Brexit for March 21, with no date yet. Corbyn passes on her side. It seems that a second referendum is set.


 Trader Aleksandar Kumanov

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