Positive sentiment before the start of the European trading




After the strong performance of Asian assets, this optimism is also spreading to Europe, where futures on major stock indices point to early when opening the session.

The speculation that US-China trade negotiations are making a difference has played a role, and traders have been re-allocating funds to risky assets. With this attitude, I expect a good session for trending stocks - including those from the banking and technology sector.

UKX: 7,139 +26 points
DAX: 11,067 + 58 points
CAC: 5,036 +23 points

Today, a relatively quiet economic calendar is expected, but we expect statements from two central bankers.

Mark Carney will talk about the global economy and the risks to the outlook, including the effect of rising tensions in international trade. I expect to address the current challenges to the markets, but in terms of pounds and BoE - everything is up to Brexit, so do not bet Carney to deviate from the topics he is discussing last week.

UK Prime Minister Theresa May will address members of the House of Commons today as he wants more time to renegotiate his deal with the European Union. Just over six weeks before leaving on March 29, this move aims to calm the members of the entire House, who are concerned that it deliberately "runs out of the clock" and risks a potentially catastrophic exit from the situation.

Photo: pixabay.com

Read more:

If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance


25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256

Universal numbers

World Financial Markets - 0700 17 600    Varchev Exchange - 0700 115 44

Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.

Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006

The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

chat with dealer
chat with dealer
Cookies policy