A negative trend is observed in European stock markets.
After the opening, the Stoxx Europe 600 indicator index decreased by 0.1 percent to 508.6 points, the DAX 40 index in Germany decreased by 0.2 percent to 19,125 points, and the FTSE 100 index in England remained flat at 8,187 points.
In Italy, the MIB 30 index is traded at 34,518 points with a 0.1 percent loss, in France the CAC 40 index is traded at 7,358 points with a 0.2 percent decrease, and in Spain the IBEX 35 index is traded at 11,777 points with a 0.2 percent decrease.
While a mixed trend is evident in global markets ahead of the presidential elections to be held today in the USA, very close survey results and political uncertainties make pricing difficult.
The presidential elections to be held in the USA today are being followed closely around the world. According to the latest polls, Democrat Kamala Harris and Republican Donald Trump seem to have the same level of votes with 48.5 percent.
While European stock markets follow a sales-oriented trend, it remains unclear whether the European Central Bank (ECB) will make a new interest rate cut in December.
While the predictions regarding the speed and size of the steps the ECB will take are not yet clear, the signals from the macroeconomic data flow in the region are being closely followed.
Today, in addition to the US presidential elections, the UK’s service sector Purchasing Managers Index (PMI), US foreign trade balance and ISM service sector PMI data will be followed.
