Market focus
On Thursday, 25.04.2019, the day will be saturated with data, despite the reduced activity at the start of the day due to the weekend in Australia and New Zealand.
Preliminary at the beginning of the day the Bank of Japan meeting results are expected, from which they expect to maintain monetary policy unchanged. This protocol, in addition to the possibility of revising forecasts for the Japanese economy, can also set the mood on the yen before the long weekend in Japan.
In the European session, it is worth highlighting the ECB’s monthly report and the industrial orders index (CBI) in the UK, which will have a restrained influence on the market. The US trading session should focus on the report for durable goods orders in the United States, which may have a significant impact before the Friday report on the US GDP.
Hanzenko Anton