European indices are presenting some losses. Given the uncertainty still prevailing at the current juncture, it is likely that some short-term investors will continue to realize some profit taking after the strong rise in yesterday’s session. The initial phase of the day should be marked by investors’ response to the various results released before the opening. Today begins the visit of the President of the European Commission Juncker to the USA, where he will meet with President Trump. The purpose of this visit is to normalize relations between the two sides of the Atlantic, recently shaken by President Trump’s accusations against the European Union regarding the tariffs it imposes on American products, the regulatory barriers it raises (like the recent Google fine) and to the default on financing Nato. JeanClaude Juncker was prone to an agreement, which would have as its starting point the tariffs on cars. However, the President of the European Commission has limited powers in this regard, as any agreement will have to be ratified by the various National Parliaments.
