FOCUS OF THE WEEK!
Dear traders,
The last week of June promises to be very hot in news thanks to the publication of a series data on GDP and inflation. At the same time, the first half of the week promises to be very low-key, focusing on the business climate in Germany, the confidence of US consumers and sales on the US real estate market.
Starting from Thursday, the whole attention and dynamics of the market will depend on the published data. Trades on Thursday will start with publication of the decision of the RBNZ meeting. And the main event of this day will be the announcement of US GDP.
On Friday, the day will also be saturated with data on GDP of Great Britain and Canada and inflation data in the euro area. As a result, volatility at the end of the week could be significant.
The corporate reporting calendar is very busy this week. Reports will be published by: Carnival (CCL), IHS Markit Ltd (INFO), Lennar (LEN), Lennar B (LENB), General Mills (GIS), Paychex (PAYX), Accenture (ACN), ConAgra Foods (CAG), McCormick & Co MKC), Nike (NKE), Walgreens Boots Alliance (WBA) and Constellation Brands A (STZ).
Also, don’t forget about the trade confrontation of the United States, which remains open. And against the background of the monthly correction of positions, this news can again come to the fore. (Anton Hanzenko)
Have a good trading week!
Stay up to date with Ester!
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