Tuesday’s session in Europe started with good moods, because Chinese CSI gained more than 3%, and Americans on S&P500 started buying. Moods got worsened just one hour after session’s start S&P500 futures started to lose what was caused by news from Qatar. Oficcials from Saudi Arabia, Russia, Qatar and Venezuela met over there to discuss possibility of oil production cuts. In this time big volatility of EURUSD and oil started. Near noon ZEW index was published, it shows moods among analytics and institutional investors about German economic situation. Last time index scored 10.2 pts, now it dropped to 1.0, which was still better than expected 0.0.
Session in Europe ended divided. English FTSE100 +0.65%, French CAC40 -0.11, German DAX -0.78%. 26 out of 30 DAX companies decreased, the most E.ON -3.60%, HeidelbergCement -3.37%, ThyssenKrupp -3.11%. 3 companies gained, the most Deutsche Post -1.24%. Session on Wall Street ended with different moods, but it was more like rebound after Monday’s absence of investors.
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On DAX future Monday’s gains were just a rebound. 9,300 pts level was not broken. On Wednesday FOMC minutes, however they will be announced after European session, so they will influence Thursday’s session on DAX.
