Tensions between China and the US are growing, Europe is preparing for a mixed start

Negotiations between China and the United States begin today, continuing on February 21 and 22 in Washington. Expectations are positive, as hopes have strengthened major global indices since yesterday (except for the US because it was a day off). Yesterday, however, Asia recorded a mixed session because of a renewed geopolitical risk between the two super-powers. Kita accused the United States of deliberately fueling fears about cyber security. However, traders traded confidently and positively, despite the slightly mixed nature of the markets.

Investors will now expect the first developments at the front of the trade war. On 21 and 22 February there will be talks at a higher level in Washington DC, where Liu He will take over China's Deputy Prime Minister.

Indicative opening levels are not the main European indices:

DAX: 11302 -7 points

FTSE: 7221 +2 points

CAC: 5171 +2 points

Europeans will try to trade boldly, though at first glance their start seems to be quite cautious. Uncertainty and tension will increase with every passing hour, with any news or rumor giving its weight to the overall mood.

Today we are also expecting a lot of economic data from the UK, and Brexit - the political crisis of the island deepens after yesterday's break-up in the Labor Party. News and rumors surrounding these events will have a corresponding impact on investors' moods.

Photo: Unsplash

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