Get Ready for a Mixed Trading Session When European Markets Open - Forex News by FX Leaders

Get Ready for a Mixed Trading Session When European Markets Open

Posted Monday, May 20, 2019 by
Arslan Butt • 1 min read

Rising trade war and geopolitical tensions are expected to cause European stock markets to experience a mixed session at the start of a new trading week on Monday.

Over the weekend, Trump tweeted a threat to Iran, stating that conflict in the Middle East could result in the “official end” of Iran. Saudi Arabia too expressed its support with the US, stating that it was ready to respond to any possible flaring up of tensions in the region.

Meanwhile, uncertainty continues in Britain with PM May continuing to push harder to get her new and improved Brexit deal to pass through the Parliament. The fourth vote in early June will be her last attempt before she hands in her resignation, which also continues to weigh on markets.

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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