Market focus

On Thursday, May 16, 2019, the economic calendar is saturated with significant statistics.

At the Asia-Pacific trading session,  the market attention will be focused on an employment data in Australia, which is expected to keep negative statistics for April. In terms of trade opposition, this can significantly increase the pressure on the Australian dollar.

The European session is almost empty on the news. From the published statistics, it is worth highlighting the speech of the President of the Bundesbank, Weidmann and the euro zone trade balance. As a rule, they have a restrained effect on the euro.

The American session, on the contrary, is saturated with significant statistics on construction and manufacturing activity in the United States. Also released data on Canada: sales and speech of the Bank of Canada Governor Poloz.

Hanzenko Anton