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We look forward to a good start at the European trading session

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After the bad start of the week, the US and US trading sessions bounced off the bottom, but the US reels to record a negative series, in Asia the shares ended in green. We have a "relaxing" rally, which has made investors short of retirement after last Friday and Monday were undergoing a real nerve test.

The reason for this was the reversal of the yield curve, as 10-year bonds reached a new low and bad data for Europe on Friday shook investors. Worries over the world economy continue to keep sword traders, and the inversion of yield seems to confirm the fears of many that a recession is set.

Yesterday, I had the next interim vote on Brexit Amendments, and the government this time lost the battle against the parliament and controlling the decisions and control of the Brexit process. We expect the pounds to remain under pressure during the European session as well as British stocks.

As far as the indexes are concerned, they show that they will launch today's trading session at higher levels. We see the sentiment hold back positive in the breeze of last night's Asian session that started the rally. Right before the start, we have a GfK consumer climate from Germany, and later UK data. Better data on both sides, especially from Germany, will definitely raise the markets.

Indicative prices of opening for the major European indices:

DAX: 11400 +36 points

FTSE: 7205 +26 points

CAC: 5277 +16 points


 Trader Martin Nikolov

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