FOCUS OF THE WEEK!
Dear traders,
This week will remain saturated with data, among which it is worth highlighting data on consumer inflation.
The start of the week will be very restrained due to the lack of significant data. On Tuesday, activity will return to the market thanks to data on household spending in Japan, business activity in China and producer prices in the United States. On Wednesday, the focus of the market will be on the US data: jobs opening, oil inventories and the FOMC protocol.
On Thursday, the economic calendar will peak data saturation. Among them, the UK GDP data deserves special attention, which will have a particularly acute impact on the British pound due to the persistence of Brexit risks and a slowdown in the global economy. It is also worth noting inflation data in the United States, which will affect the market in general. On Friday, it is worth to highlight data on business activity in New Zealand, inflation in Germany and France, and employment in Canada.
This week, at the end of a long weekend in China, the US – China trade confrontation will return to the forefront. It may cause a significant increase in pessimism in the marketAgainst the background of signs of a slowdown in the global economy.
The corporate reporting calendar for the week will be blank; minor corporate reports will be released. (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