Market focus

On Friday, 01.03.2019, the day is full of significant statistics due to the publication of PMI data for China, the Eurozone, the UK and the USA.

In addition to the business activity data (PMI), the following events should be highlighted on this day:

• At the start of the day there will be another speech by the US Federal Reserve Chairman Powell, which is not worth loud statements, but his speech may cause an increase in market volatility.
• At the beginning of the European session, there will be employment data in Germany, and after that they will publish preliminary data on inflation in the eurozone.

From these reports we can expect a significant impact on the euro.

In the American session, investors will be focused on spending in the US and Canada’s GDP, which will set the tone for the market at the end of the week.

Hanzenko Anton