FOCUS OF THE WEEK!
Dear traders,
Next week the market will focus on the next news!
At the start of the week, a small amount of statistics will be released, which will have an indirect impact on the market; the US Federal Reserve Chairman is expected to speak in advance. Starting from Wednesday, it is worth noting the inflation rate in the UK and the US retail sales, from which moderate changes are expected.
On Thursday, market’s attention will shift to data on China’s GDP, inflation in the eurozone and the real estate market in the United States. Data will have a noticeable impact on national currencies. On Friday, the statistics for the UK and Canada will close the week, which will also have a local impact.
Corporate reporting calendar will be full of reports after the holidays. The following companies will publish reports this week: Citigroup (C), Bank of America (BAC), Goldman Sachs (GS), American Express (AXP), Morgan Stanley (MS).
From the fundamental factors it is worth paying attention to: the US government shutdown, which begins breaking records and cause a wave of political risks; the possibility of postponing the date of Brexit after the UK government did not find a compromise; and the uncertainty about US-China trade relations, which persists despite the negotiations that have taken place. (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