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Today in the Eurozone continued formation of expectations.

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European stocks traded slightly higher today after yesterday's strong rebound. Investor caution against the current is not particularly upbeat industrial data from Germany and the Eurozone as a whole ..

After more precise analysis of US data on Friday, consensus was concluded that the medium-term prospects for the US economy remain. In a different sense, it was the interview of Ben Bernanke that opponents of increasing interest rates have increased, but such statements often are simply playing with the psychology of the crowd. Traders should eliminate emotions in such cases and to evaluate them critically, paying enough attention to the real facts and statistics, without unnecessary interpretations. It is common for central banks to act unexpectedly and the creation of certain public expectations are not the most realistic approach. The general mood is directed to the USD as a potential high-yielding currency. Developments concerning the Agreement Trans Pacific Partnership (TPP) between the US, Japan, and another 10 Pacific countries adds sentiments, and another lower IMF forecast for global economic growth.

Today in the Eurozone continued formation of expectations. In Luxembourg, EU finance ministers will discuss measures to shape a European banking union. The European Commission continues to podrobnostiite about the creation of a single EU capital markets.

Expected news from the ECB President about 20: 00h., Mostly on the program of quantitative easing, which he clearly confirmed in the last quarterly report. The ECB and the likelihood Bank of Japan increase incentives is considered more and more. Further expansion of the European stimulus will likely undergo EUR per new pressures, but the background of inflation, which remains far from the target levels, the move becomes even more likely. Additional factors pointed out in the last lowering of the forecast for the Eurozone remain: weak domestic demand, increasing risks in the global economy, falling oil prices ...

Additional element with strong political coloration problem remains with the effectiveness of border controls in Europe and migrant policy just days before a crucial meeting of European and Middle Eastern ministers from Turkey, Lebanon and Jordan. Speaking before the European Parliament European Council President Donald Tusk renewed calls for tighter border protection.

Traders in this situation heightened interest in riskier assets, causing a temporary increase in the shares, while supposedly safe havens of gold, CHF and JPY lost ground.


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