The European indices will open higher, after the positive sentiment spillover from the Asian session. Investors will eye the NATO meeting today. There is no negative geopolitical news that can hold the indices from rallying.
The Euro continued to go higher, even after the second speech from Draghi, that the monetary policy will remain accommodative even with the slightly better data from the growth in the Eurozone. USD does remain very weak and the pound continues to climb.
Traders await data from the UK for consumer credit, Consumer inflation and Business sentiment from Europe, CPI index from Germany and GDP and initial jobless claims from the US. If the data from the USA is better than expected this can support the USD.
Trader - S. Fuchedzhiev
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