Expectations for the upcoming week
In addition that the market continues to monitor sentiment on the stock markets, that remains the main factor in maintaining negative sentiment in the market and largely depend on trade opposition and risks of interest rates hike by the US Federal Reserve, in Europe investors follow the progress of Brexit negotiations. Also this week it will be a significant amount of news.
In the first half of the week, on Monday and Tuesday, market attention will be focused on retail sales data in the United States, which will affect the general expectations of inflation in the United States, keeping the possibility of tightening Fed monetary policy. On Tuesday, market attention will shift to the RBA protocol and employment data in the UK, which, although it will have a local, but very significant impact on national currencies.
Starting from Wednesday, the market is waiting for the publication of consumer prices reports in the UK, Eurozone and Canada. Also on Wednesday will be the publication of the FOMC protocol, which will confirm the Fed statements about monetary policy. A significant event at the end of the week will be the publication of data on China’s GDP, which can significantly affect world stock indices. (Anton Hanzenko)
Read also: “Three pillars of technical analysis.”
We would like to remind you that you can always get acquainted with the upcoming news in the Economic Calendar, and in the Analytics section there are technical analysis, experts’ opinions and Trade signals!
Hotline +448 000 698 464