Market focus

On Friday, 24.05.2019, the closing of the week will be very informative, despite the marked decrease in the number of published news.

At the start of the day at the Asia-Pacific trading session will publish data on the trade balance of New Zealand and inflation in Japan. Expectations regarding them remain discreetly positive, but due to trade risks will be limited.

In the European session, market attention will be focused on the UK retail sales data. Against the background of a slowdown in inflation in the UK and weak forecasts, these statistics are likely to retain negative sentiment on the British pound.

With the US statistics, durable goods orders in the US is worth highlighting, which, despite modest expectations, can have a noticeable impact on the American dollar.

Hanzenko Anton