Market focus

Wednesday, 20.03.2019, will be saturated with data. The publication of the of the of the Bank of Japan meeting minutes will open the day  from which no significant statements are expected. But any hints in forecasts and expectations regarding the national economy will affect the yen. In the European session, the market’a attention will be focused on an inflation data in the UK, for which expectations remain very restrained.

In the American session, all market attention will be focused on the US Federal Reserve meeting results. Probably, the monetary policy of the United States will remain unchanged, and the focus of the market will be focused on forecasts and expectations for further increases in the US rates.

Also this day the next voting in the Parliament of the United Kingdom for Brexit is expected, which may cause an increase in market volatility.

Hanzenko Anton