Market focus
Friday, 30.11.2018, the end of the month will be saturated with statistical data. At the start of the day, the market will expect data on inflation in Japan and data on business activity in China, which will have an impact on stock markets. At the European session, all investors’ attention will be focused on inflation data in the euro area, which is expected to be relatively low-key. It is worth noting an unemployment data in the euro area, from which a declaine is expected that can support the single currency.
In the American session, the focus will be on Canadian GDP data, expectations for it also remain low. However, they can cause a significant fluctuations in the Canadian dollar.
Hanzenko Anton