Market focus
On Tuesday, 05.03.2019, the economic calendar will be saturated with data on business activity in the services sector (PMI) in China, the eurozone, the UK, the USA and Canada. The data will set the mood in the market.
At the start of the day, the Reserve Bank of Australia meeting minutes will be published, from which interest rates are expected to remain at the same level of 1.50%. The publication of the results and expectations of the Central Bank of Australia will have an impact on the Australian currency. Also in the morning, data on inflation in Switzerland is expected .
In the afternoon, market attention will shift to data on the US sales and the speech of Bank of England Governor Carney.
Hanzenko Anton