Dear clients,
The meeting of the European Central Bank will take place today, July 21. The event particulary important to the market, due to the upward trend in inflation in Europe.
How will the market proceed, our expert explains:
Inflation in the euro area in June has updated a historical high and is forcing the ECB to move on to raising interest rates. For European stock indices, this is a negative signal, since the growth of interest rates in the future will lead to a decrease in corporate income. On Thursday consider selling #DAX30, #CAC40.
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