We expect a negative sentiment for the European trading session

Dragie "delivered" yesterday what he had speculated for a long time. New program including incentives and lending to banks without changing interest rates for a certain period of time. The risks to Europe continue to dampen economic growth, with the slowdown seemingly deepening. The ECB also cut its forecast for economic expansion this year. The euro has suffered one of its most serious downturns, and this solution is now being assimilated by European markets. Yesterday, the United States and Asia recorded very weak sessions after the fears of a slowdown in the global economy were again exacerbating investors. The risk of an inadequate deal (if any) was only the "ice cream tip" to bring more for the risk-off sentiment in the markets.

Indicative levels of opening of major European indices:

DAX: 11464 -25 points

FTSE: 7144 -11 points

CAC: 5251 -0.5 points

We expect the sentiment to remain negative on European markets, indicating a lower opening versus Thursday's closure. Sellers will try to take control of the shares. We expect the euro to make a correction with a possible test of 1.2000, but only the top will be comfortable for new short positions, with sentiment indicating that the bears will try to take control again and redirect the price to red territory. For today in the economic calendar for Europe, we only have factory orders from Germany.

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