We expect a mixed start for opening in Europe

Yesterday Wall Street after a pretty strong chopper series ended up with promotions. The FOMC was in focus, confirming the FED's dovish position, but it was not as much dovish as it may have been in the markets. You can read the FOMC highlights here. Asia followed, but finished mixed. The market sentiment is positive, which still seems to be moving across Europe.

Market participants on the Old Continent will start the session cautiously but confidently and will try today to sign upgrades. Today is the next round of talks as they will be in focus and the rest of the time will be sentiment from any news about Brexit.

Indicative levels of opening of major European indices:

DAX: 11464 +32 points

FTSE: 7230 -5 points

CAC: 5211 +12 points

In addition, today is the PMI day for both the US and Europe, so that the PMI data is at the forefront. At 14.30 am we will receive the report from the last ECB meeting where investors will look for somewhat clearer signals about the Central Bank's economic vision, what would be the next move in the monetary policy of the bank and how much the renewed lending to banks.

Photo: Unsplash

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