Quiet Open on the European Stock Markets Ahead of US-China Trade Talks, Central Bank Meetings

Ahead of US-China trade talks, markets remain less than optimistic about these round of talks making much progress towards a trade deal..

Arslan Butt•Monday, July 29, 2019•1 min read

This week marks a big step forward in the US-China trade talks with teams expected to meet and hold in-person discussions starting Tuesday. However, markets remain less than optimistic about these round of talks making much progress towards both world leaders reaching a trade deal anytime soon.

On Monday, European stock markets are expected to open on a quieter note over this sentiment. White House Chief Economic Adviser Larry Kudlow expressed hope that the upcoming round of talks could bring about some progress until the stage before the talks had previously broken down.

In addition, global stock markets are expected to trade cautiously ahead of leading central bank meetings coming up this week, including that of the Bank of Japan, the Federal Reserve and the Bank of England.

At the time of writing, German DAX is trading at just above 12400.

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ABOUT THE AUTHOR See More

Arslan Butt

Index & Commodity Analyst

Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.