Today Theresa May is coming to Brussels on a working visit in order to agree on some points of the Brexit deal and to prevent the current agreement from breaking. Therefore, at the moment the British pound is showing a moderate decline.
The US Fed regulator called on China to maintain the national currency and prevent its devaluation by officials who can reduce and compensate for losses in the event of the introduction of trade duties. Yesterday Donald Trump said that trade negotiations were progressing well and announced a possible postponement of the introduction of duties from March 1 to a later date. Against this background, European indices opened in the green zone.
Oil quotes remain under pressure,from the reduction in production in Saudi Arabia, despite the problems of global growth; the price of Texas oil continues to remain above $56 per barrel.